American Century Companies Inc. cut its stake in shares of Medical Properties Trust (NYSE:MPW) by 1.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 958,995 shares of the real estate investment trust’s stock after selling 9,735 shares during the quarter. American Century Companies Inc.’s holdings in Medical Properties Trust were worth $12,467,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently modified their holdings of MPW. First Dallas Securities Inc. bought a new position in Medical Properties Trust during the fourth quarter worth $106,000. Assetmark Inc. boosted its stake in Medical Properties Trust by 485.0% during the fourth quarter. Assetmark Inc. now owns 9,676 shares of the real estate investment trust’s stock worth $133,000 after acquiring an additional 8,022 shares in the last quarter. Bank of Hawaii bought a new position in Medical Properties Trust during the fourth quarter worth $166,000. Northwestern Mutual Wealth Management Co. boosted its stake in Medical Properties Trust by 274.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 12,362 shares of the real estate investment trust’s stock worth $170,000 after acquiring an additional 9,059 shares in the last quarter. Finally, Atria Investments LLC bought a new position in Medical Properties Trust during the first quarter worth $178,000. 80.15% of the stock is currently owned by institutional investors and hedge funds.
Several research analysts recently issued reports on MPW shares. Deutsche Bank cut their target price on shares of Medical Properties Trust from $13.50 to $13.00 and set a “hold” rating on the stock in a research note on Monday, March 19th. ValuEngine lowered shares of Medical Properties Trust from a “buy” rating to a “hold” rating in a research note on Monday, April 2nd. Finally, Zacks Investment Research lowered shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a research note on Wednesday, April 18th. Eight equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $14.28.
Medical Properties Trust stock opened at $13.03 on Friday. Medical Properties Trust has a 1-year low of $11.82 and a 1-year high of $14.19. The firm has a market capitalization of $4.77 billion, a price-to-earnings ratio of 9.65, a price-to-earnings-growth ratio of 2.47 and a beta of 0.69. The company has a debt-to-equity ratio of 1.27, a quick ratio of 2.04 and a current ratio of 2.04.
Medical Properties Trust (NYSE:MPW) last released its quarterly earnings data on Thursday, May 3rd. The real estate investment trust reported $0.25 earnings per share for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.11). Medical Properties Trust had a net margin of 41.47% and a return on equity of 8.14%. The business had revenue of $205.05 million during the quarter, compared to the consensus estimate of $204.70 million. During the same period last year, the business posted $0.33 earnings per share. The firm’s quarterly revenue was up 31.1% on a year-over-year basis. equities research analysts predict that Medical Properties Trust will post 1.42 EPS for the current year.
In other Medical Properties Trust news, Chairman Edward K. Aldag, Jr. sold 116,216 shares of the firm’s stock in a transaction on Tuesday, March 27th. The shares were sold at an average price of $12.56, for a total value of $1,459,672.96. Following the transaction, the chairman now directly owns 1,759,620 shares of the company’s stock, valued at $22,100,827.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 1.00% of the stock is currently owned by company insiders.
Medical Properties Trust Profile
Medical Properties Trust, Inc is a self-advised real estate investment trust formed to capitalize on the changing trends in healthcare delivery by acquiring and developing net-leased healthcare facilities. MPT's financing model helps facilitate acquisitions and recapitalizations and allows operators of hospitals and other healthcare facilities to unlock the value of their real estate assets to fund facility improvements, technology upgrades and other investments in operations.
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