Gideon Capital Advisors Inc. Invests $208,000 in Medical Properties Trust, Inc. (MPW)

Gideon Capital Advisors Inc. purchased a new position in Medical Properties Trust, Inc. (NYSE:MPW) in the 1st quarter, Holdings Channel reports. The firm purchased 15,986 shares of the real estate investment trust’s stock, valued at approximately $208,000.

Other hedge funds have also bought and sold shares of the company. Signaturefd LLC purchased a new position in shares of Medical Properties Trust in the first quarter worth $102,000. First Dallas Securities Inc. bought a new stake in shares of Medical Properties Trust in the fourth quarter worth $106,000. Smith Asset Management Group LP grew its holdings in shares of Medical Properties Trust by 93.4% in the first quarter. Smith Asset Management Group LP now owns 8,351 shares of the real estate investment trust’s stock worth $108,000 after acquiring an additional 4,032 shares during the period. Assetmark Inc. grew its holdings in shares of Medical Properties Trust by 485.0% in 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 during the period. Finally, Campbell & CO Investment Adviser LLC bought a new stake in shares of Medical Properties Trust in the first quarter worth $149,000. Hedge funds and other institutional investors own 78.44% of the company’s stock.

In other Medical Properties Trust news, Chairman Edward K. Aldag, Jr. sold 116,216 shares of the business’s stock in a transaction dated Tuesday, March 27th. The stock was sold at an average price of $12.56, for a total transaction of $1,459,672.96. Following the completion of the sale, the chairman now owns 1,759,620 shares of the company’s stock, valued at $22,100,827.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.83% of the company’s stock.

Shares of MPW opened at $13.96 on Friday. Medical Properties Trust, Inc. has a one year low of $11.82 and a one year high of $14.19. The company has a debt-to-equity ratio of 1.27, a current ratio of 2.04 and a quick ratio of 2.04. The firm has a market capitalization of $5.05 billion, a P/E ratio of 10.34, a PEG ratio of 2.71 and a beta of 0.73.

Medical Properties Trust (NYSE:MPW) last released its quarterly earnings results on Thursday, May 3rd. The real estate investment trust reported $0.25 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate 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 company had revenue of $205.05 million for the quarter, compared to the consensus estimate of $204.70 million. During the same period in the prior year, the firm posted $0.33 EPS. The business’s revenue for the quarter was up 31.1% on a year-over-year basis. equities research analysts predict that Medical Properties Trust, Inc. will post 1.42 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 12th. Shareholders of record on Thursday, June 14th will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 7.16%. The ex-dividend date is Wednesday, June 13th. Medical Properties Trust’s dividend payout ratio is presently 74.07%.

Several brokerages recently commented on MPW. Zacks Investment Research raised Medical Properties Trust from a “sell” rating to a “hold” rating in a report on Wednesday, May 9th. Wells Fargo & Co lifted their price objective on Medical Properties Trust from $11.50 to $13.00 and gave the stock an “underperform” rating in a report on Thursday, May 31st. Deutsche Bank cut their price objective on Medical Properties Trust from $13.50 to $13.00 and set a “hold” rating for the company in a report on Monday, March 19th. Finally, ValuEngine lowered Medical Properties Trust from a “buy” rating to a “hold” rating in a report on Monday, April 2nd. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the company’s stock. Medical Properties Trust presently has an average rating of “Hold” and an average target price of $14.15.

About Medical Properties Trust

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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Institutional Ownership by Quarter for Medical Properties Trust (NYSE:MPW)

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