Global X MANAGEMENT CO LLC boosted its stake in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 5.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 721,612 shares of the real estate investment trust’s stock after acquiring an additional 36,713 shares during the period. Global X MANAGEMENT CO LLC owned 0.20% of Medical Properties Trust worth $9,475,000 at the end of the most recent reporting period.
Other institutional investors also recently bought and sold shares of the company. IFP Advisors Inc increased its stake in Medical Properties Trust by 12.1% during the 2nd quarter. IFP Advisors Inc now owns 10,102 shares of the real estate investment trust’s stock worth $130,000 after acquiring an additional 1,093 shares during the period. Blair William & Co. IL bought a new position in Medical Properties Trust during the 2nd quarter worth $132,000. Janus Henderson Group PLC bought a new position in Medical Properties Trust during the 2nd quarter worth $136,000. Cetera Investment Advisers bought a new position in Medical Properties Trust during the 2nd quarter worth $141,000. Finally, Cutter & CO Brokerage Inc. increased its stake in shares of Medical Properties Trust by 10.3% in the 2nd quarter. Cutter & CO Brokerage Inc. now owns 11,081 shares of the real estate investment trust’s stock valued at $143,000 after purchasing an additional 1,031 shares during the last quarter. Hedge funds and other institutional investors own 84.01% of the company’s stock.
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MPW has been the topic of several recent analyst reports. Zacks Investment Research upgraded Medical Properties Trust from a “hold” rating to a “buy” rating and set a $15.00 price target on the stock in a research note on Tuesday, October 24th. JMP Securities upgraded Medical Properties Trust from a “market perform” rating to an “outperform” rating and set a $14.00 price target on the stock in a research note on Monday, July 17th. They noted that the move was a valuation call. Jefferies Group LLC reiterated a “buy” rating and issued a $15.00 price target on shares of Medical Properties Trust in a research note on Tuesday, August 29th. Stifel Nicolaus reiterated a “hold” rating and issued a $13.00 price target on shares of Medical Properties Trust in a research note on Friday, July 28th. Finally, Royal Bank Of Canada reiterated a “buy” rating and issued a $16.00 price target on shares of Medical Properties Trust in a research note on Monday, July 24th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and seven have issued a buy rating to the company. Medical Properties Trust has a consensus rating of “Hold” and a consensus price target of $14.18.
Shares of Medical Properties Trust, Inc. (NYSE:MPW) traded down $0.05 on Friday, reaching $13.56. The company’s stock had a trading volume of 1,815,200 shares, compared to its average volume of 2,052,504. The firm has a market cap of $4,937.96, a P/E ratio of 10.51, a PEG ratio of 2.01 and a beta of 0.95. Medical Properties Trust, Inc. has a 52-week low of $11.57 and a 52-week high of $14.22. The company has a debt-to-equity ratio of 1.26, a current ratio of 2.55 and a quick ratio of 2.06.
Medical Properties Trust (NYSE:MPW) last announced its earnings results on Thursday, November 2nd. The real estate investment trust reported $0.33 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.32 by $0.01. The firm had revenue of $176.60 million for the quarter, compared to the consensus estimate of $172.57 million. Medical Properties Trust had a return on equity of 7.36% and a net margin of 39.95%. The business’s quarterly revenue was up 39.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.30 EPS. equities research analysts forecast that Medical Properties Trust, Inc. will post 1.31 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Thursday, January 11th. Shareholders of record on Thursday, December 7th will be issued a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 7.08%. The ex-dividend date is Wednesday, December 6th. Medical Properties Trust’s payout ratio is presently 126.32%.
About Medical Properties Trust
Medical Properties Trust, Inc is a real estate investment trust (REIT). The Company focuses on investing in and owning net-leased healthcare facilities across the United States and selectively in foreign jurisdictions. The Company’s segment is its investments in healthcare real estate, including mortgage and other loans, as well as any equity investments in its tenants.
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