New England Guild Wealth Advisors Inc. Purchases Shares of 72,134 Medical Properties Trust, Inc. (NYSE:MPW)

New England Guild Wealth Advisors Inc. bought a new position in Medical Properties Trust, Inc. (NYSE:MPWGet Rating) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 72,134 shares of the real estate investment trust’s stock, valued at approximately $804,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Sound Income Strategies LLC boosted its stake in Medical Properties Trust by 44.2% in the 4th quarter. Sound Income Strategies LLC now owns 447,408 shares of the real estate investment trust’s stock worth $4,984,000 after purchasing an additional 137,234 shares during the period. Glassy Mountain Advisors Inc. acquired a new position in Medical Properties Trust during the fourth quarter valued at $33,000. Coldstream Capital Management Inc. purchased a new stake in Medical Properties Trust in the 4th quarter worth about $314,000. Trinity Legacy Partners LLC acquired a new stake in Medical Properties Trust during the 4th quarter worth about $138,000. Finally, Capital Investment Advisors LLC grew its stake in Medical Properties Trust by 26.0% during the 4th quarter. Capital Investment Advisors LLC now owns 578,808 shares of the real estate investment trust’s stock valued at $6,448,000 after acquiring an additional 119,350 shares in the last quarter. 80.31% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. Barclays lowered their price objective on shares of Medical Properties Trust from $17.00 to $14.00 and set an “overweight” rating on the stock in a research report on Monday, February 27th. Bank of America downgraded Medical Properties Trust from a “buy” rating to a “neutral” rating and set a $10.00 target price on the stock. in a research note on Thursday. KeyCorp reduced their price target on Medical Properties Trust from $18.00 to $16.00 and set an “overweight” rating for the company in a report on Thursday, January 19th. JPMorgan Chase & Co. dropped their price objective on Medical Properties Trust from $14.00 to $12.00 and set a “neutral” rating on the stock in a report on Friday, March 3rd. Finally, StockNews.com started coverage on shares of Medical Properties Trust in a research report on Thursday. They issued a “hold” rating for the company. Seven investment analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $14.82.

Medical Properties Trust Stock Down 3.5 %

MPW opened at $7.73 on Friday. The business has a 50 day moving average of $11.71 and a 200-day moving average of $11.97. The stock has a market capitalization of $4.62 billion, a price-to-earnings ratio of 5.15, a P/E/G ratio of 0.50 and a beta of 0.96. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 1.19. Medical Properties Trust, Inc. has a 1-year low of $7.60 and a 1-year high of $21.63.

Medical Properties Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 13th. Stockholders of record on Thursday, March 16th will be issued a dividend of $0.29 per share. The ex-dividend date is Wednesday, March 15th. This represents a $1.16 annualized dividend and a dividend yield of 15.01%. Medical Properties Trust’s payout ratio is 77.33%.

Medical Properties Trust Profile

(Get Rating)

Medical Properties Trust, Inc is a self-advised real estate investment trust, engages in the investment, acquisition, and development of net-leased healthcare facilities. Its property portfolio includes rehabilitation hospitals, long-term acute care hospitals, ambulatory surgery centers, hospitals for women and children, regional and community hospitals, medical office buildings, and other single-discipline facilities.

See Also

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

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