Shares of Medical Properties Trust, Inc. (NYSE:MPW) have received a consensus recommendation of “Hold” from the fourteen brokerages that are currently covering the firm. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and six have assigned a buy rating to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $14.43.
Several equities research analysts have commented on the stock. SunTrust Banks, Inc. reiterated a “buy” rating on shares of Medical Properties Trust in a research report on Wednesday, March 8th. Zacks Investment Research cut shares of Medical Properties Trust from a “buy” rating to a “hold” rating in a research report on Friday, January 20th. Barclays PLC reiterated an “equal weight” rating and issued a $14.00 price target (up from $13.00) on shares of Medical Properties Trust in a research report on Thursday, February 16th. Robert W. Baird initiated coverage on Medical Properties Trust in a report on Thursday, March 9th. They set an “outperform” rating and a $14.00 price objective on the stock. Finally, Mitsubishi UFJ Financial Group initiated coverage on Medical Properties Trust in a report on Sunday, December 18th. They set a “hold” rating and a $12.00 price objective on the stock.
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Medical Properties Trust (NYSE:MPW) traded down 0.43% during midday trading on Monday, hitting $13.90. 3,494,606 shares of the company traded hands. Medical Properties Trust has a 12-month low of $11.54 and a 12-month high of $15.92. The company has a market cap of $4.45 billion, a PE ratio of 16.16 and a beta of 0.78. The stock has a 50 day moving average price of $12.90 and a 200-day moving average price of $12.98.
Medical Properties Trust (NYSE:MPW) last issued its quarterly earnings results on Thursday, February 9th. The real estate investment trust reported $0.13 EPS for the quarter, missing the consensus estimate of $0.20 by $0.07. Medical Properties Trust had a return on equity of 8.40% and a net margin of 41.59%. The business earned $153.30 million during the quarter, compared to the consensus estimate of $151.13 million. During the same quarter last year, the firm posted $0.35 earnings per share. Medical Properties Trust’s revenue was up 16.6% compared to the same quarter last year. Analysts expect that Medical Properties Trust will post $0.98 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 13th. Stockholders of record on Thursday, March 16th will be issued a $0.24 dividend. This is an increase from Medical Properties Trust’s previous quarterly dividend of $0.23. The ex-dividend date is Tuesday, March 14th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 6.91%. Medical Properties Trust’s dividend payout ratio is currently 105.75%.
In other news, Director William G. Mckenzie sold 41,270 shares of the company’s stock in a transaction dated Wednesday, March 8th. The stock was sold at an average price of $12.46, for a total value of $514,224.20. Following the transaction, the director now owns 42,189 shares in the company, valued at approximately $525,674.94. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman Edward K. Aldag, Jr. sold 301,845 shares of the company’s stock in a transaction dated Tuesday, March 28th. The shares were sold at an average price of $12.74, for a total value of $3,845,505.30. The disclosure for this sale can be found here. 1.44% of the stock is owned by corporate insiders.
Several large investors have recently made changes to their positions in MPW. Advantage Investment Management LLC purchased a new stake in shares of Medical Properties Trust during the fourth quarter valued at approximately $123,000. MCF Advisors LLC boosted its stake in shares of Medical Properties Trust by 1.5% in the third quarter. MCF Advisors LLC now owns 8,526 shares of the real estate investment trust’s stock valued at $126,000 after buying an additional 129 shares during the last quarter. Daiwa Securities Group Inc. boosted its stake in shares of Medical Properties Trust by 5.9% in the third quarter. Daiwa Securities Group Inc. now owns 9,000 shares of the real estate investment trust’s stock valued at $133,000 after buying an additional 500 shares during the last quarter. Cigna Investments Inc. New purchased a new stake in shares of Medical Properties Trust during the fourth quarter valued at approximately $136,000. Finally, Cutter & CO Brokerage Inc. purchased a new stake in shares of Medical Properties Trust during the fourth quarter valued at approximately $139,000. 81.89% of the stock is owned by institutional investors and hedge funds.
Medical Properties Trust Company Profile
Medical Properties Trust, Inc is a self-advised real estate investment trust (REIT) focused on investing in and owning net-leased healthcare facilities. It conducts all of its business through MPT Operating Partnership, L.P. It acquires and develops healthcare facilities and leases the facilities to healthcare operating companies under long-term net leases.
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