Crossmark Global Holdings Inc. bought a new stake in Medical Properties Trust, Inc. (NYSE:MPW) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 33,910 shares of the real estate investment trust’s stock, valued at approximately $445,000.
A number of other institutional investors have also recently modified their holdings of MPW. Prudential Financial Inc. raised its holdings in shares of Medical Properties Trust by 766.7% in the 2nd quarter. Prudential Financial Inc. now owns 4,320,798 shares of the real estate investment trust’s stock worth $55,608,000 after purchasing an additional 3,822,244 shares during the period. BlueCrest Capital Management Ltd bought a new position in shares of Medical Properties Trust in the second quarter worth $5,349,000. Systematic Financial Management LP purchased a new stake in Medical Properties Trust during the second quarter valued at about $29,018,000. RMR Advisors LLC boosted its position in Medical Properties Trust by 5.7% during the second quarter. RMR Advisors LLC now owns 370,320 shares of the real estate investment trust’s stock valued at $4,766,000 after buying an additional 20,000 shares during the period. Finally, Sumitomo Mitsui Trust Holdings Inc. boosted its position in Medical Properties Trust by 10.5% during the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 344,113 shares of the real estate investment trust’s stock valued at $4,429,000 after buying an additional 32,581 shares during the period. 81.35% of the stock is owned by institutional investors and hedge funds.
Medical Properties Trust, Inc. (NYSE MPW) traded down $0.04 during mid-day trading on Thursday, hitting $13.52. 2,973,633 shares of the company were exchanged, compared to its average volume of 3,134,914. The stock has a market cap of $4,920.00, a PE ratio of 10.71, a PEG ratio of 1.84 and a beta of 0.96. The company has a debt-to-equity ratio of 1.26, a quick ratio of 2.55 and a current ratio of 2.55. Medical Properties Trust, Inc. has a 52-week low of $11.88 and a 52-week high of $14.22.
Medical Properties Trust (NYSE:MPW) last released its quarterly earnings data on Thursday, November 2nd. The real estate investment trust reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.01. The company had revenue of $176.60 million during the quarter, compared to analysts’ expectations of $172.57 million. Medical Properties Trust had a net margin of 39.95% and a return on equity of 7.36%. The firm’s quarterly revenue was up 39.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.30 EPS. equities research analysts predict that Medical Properties Trust, Inc. will post 1.32 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 11th. Stockholders of record on Thursday, December 7th will be issued a $0.24 dividend. The ex-dividend date of this dividend is Wednesday, December 6th. This represents a $0.96 annualized dividend and a dividend yield of 7.10%. Medical Properties Trust’s dividend payout ratio is currently 126.32%.
A number of research firms recently issued reports on MPW. Zacks Investment Research raised shares of Medical Properties Trust from a “hold” rating to a “buy” rating and set a $15.00 price target for the company in a research note on Tuesday, October 24th. ValuEngine raised shares of Medical Properties Trust from a “hold” rating to a “buy” rating in a research note on Thursday, November 9th. Jefferies Group reiterated a “buy” rating and set a $15.00 price target on shares of Medical Properties Trust in a report on Tuesday, August 29th. SunTrust Banks restated a “buy” rating and issued a $15.00 target price on shares of Medical Properties Trust in a report on Friday, November 3rd. Finally, KeyCorp reiterated a “hold” rating on shares of Medical Properties Trust in a research note on Sunday, September 17th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and seven have assigned a buy rating to the stock. Medical Properties Trust currently has a consensus rating of “Hold” and a consensus target price of $14.18.
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Medical Properties Trust Profile
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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