First Trust Advisors LP Has $15.68 Million Holdings in Medical Properties Trust, Inc. (MPW)

First Trust Advisors LP raised its stake in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 10.5% in the third quarter, HoldingsChannel.com reports. The fund owned 1,051,697 shares of the real estate investment trust’s stock after acquiring an additional 99,537 shares during the period. First Trust Advisors LP’s holdings in Medical Properties Trust were worth $15,681,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Massachusetts Financial Services Co. MA lifted its holdings in shares of Medical Properties Trust by 2.1% during the third quarter. Massachusetts Financial Services Co. MA now owns 21,516,682 shares of the real estate investment trust’s stock valued at $320,814,000 after acquiring an additional 448,361 shares during the period. Balasa Dinverno & Foltz LLC lifted its holdings in shares of Medical Properties Trust by 10.4% during the third quarter. Balasa Dinverno & Foltz LLC now owns 62,335 shares of the real estate investment trust’s stock valued at $929,000 after acquiring an additional 5,864 shares during the period. Oakbrook Investments LLC lifted its holdings in shares of Medical Properties Trust by 34.1% during the third quarter. Oakbrook Investments LLC now owns 22,800 shares of the real estate investment trust’s stock valued at $340,000 after acquiring an additional 5,800 shares during the period. Aperio Group LLC lifted its holdings in shares of Medical Properties Trust by 30.7% during the third quarter. Aperio Group LLC now owns 751,178 shares of the real estate investment trust’s stock valued at $11,200,000 after acquiring an additional 176,373 shares during the period. Finally, Essex Investment Management Co. LLC bought a new position in shares of Medical Properties Trust during the third quarter valued at $921,000. 77.17% of the stock is owned by institutional investors.

Medical Properties Trust stock opened at $16.72 on Friday. The company has a debt-to-equity ratio of 0.90, a current ratio of 4.92 and a quick ratio of 2.19. Medical Properties Trust, Inc. has a 12-month low of $11.82 and a 12-month high of $16.85. The stock has a market capitalization of $5.96 billion, a P/E ratio of 12.39, a price-to-earnings-growth ratio of 3.46 and a beta of 0.47.

Medical Properties Trust (NYSE:MPW) last released its quarterly earnings results on Thursday, November 1st. The real estate investment trust reported $0.35 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.34 by $0.01. Medical Properties Trust had a return on equity of 9.06% and a net margin of 124.88%. The business had revenue of $197.00 million during the quarter, compared to analysts’ expectations of $192.64 million. During the same period in the previous year, the business posted $0.33 earnings per share. The firm’s revenue for the quarter was up 11.6% compared to the same quarter last year. As a group, sell-side analysts predict that Medical Properties Trust, Inc. will post 1.37 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 11th. Investors of record on Thursday, September 13th were issued a $0.25 dividend. The ex-dividend date of this dividend was Wednesday, September 12th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 5.98%. Medical Properties Trust’s dividend payout ratio is 74.07%.

A number of research analysts have issued reports on the company. Jefferies Financial Group cut Medical Properties Trust from a “buy” rating to a “hold” rating and set a $15.00 price objective for the company. in a report on Tuesday, July 17th. Zacks Investment Research cut Medical Properties Trust from a “hold” rating to a “sell” rating in a report on Thursday, October 25th. Mitsubishi UFJ Financial Group lifted their price objective on Medical Properties Trust to $15.00 and gave the company a “neutral” rating in a report on Friday, November 2nd. JMP Securities set a $16.00 price target on Medical Properties Trust and gave the company a “buy” rating in a report on Monday, October 1st. Finally, Stifel Nicolaus set a $14.00 price target on Medical Properties Trust and gave the company a “hold” rating in a report on Thursday, November 1st. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $14.19.

In related news, VP James Kevin Hanna sold 15,000 shares of Medical Properties Trust stock in a transaction dated Friday, August 17th. The stock was sold at an average price of $14.84, for a total value of $222,600.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Michael G. Stewart sold 12,400 shares of Medical Properties Trust stock in a transaction dated Friday, October 12th. The stock was sold at an average price of $14.13, for a total value of $175,212.00. Following the completion of the sale, the director now owns 231,039 shares of the company’s stock, valued at $3,264,581.07. The disclosure for this sale can be found here. Insiders sold 127,400 shares of company stock valued at $1,890,812 over the last ninety days. 0.83% of the stock is currently owned by company insiders.

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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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