Medical Properties Trust, Inc. (NYSE: MPW) Shares purchased by Sumitomo Mitsui DS Asset Management Company Ltd
Sumitomo Mitsui DS Asset Management Company Ltd increased its holdings of shares of Medical Properties Trust, Inc. (NYSE: MPW – Get Rating) by 3.8% in the first quarter, Holdings Channel reports. The company held 98,487 shares of the real estate investment trust after purchasing an additional 3,651 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd holdings in Medical Properties Trust were worth $2,082,000 at the end of last quarter.
Several other large investors also changed their stock holdings. Raymond James Financial Services Advisors Inc. increased its holdings in Medical Properties Trust by 27.2% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 295,471 shares of the real estate investment trust worth $6,982,000 after acquiring an additional 63,259 shares during the period. Lincoln National Corp increased its holdings in Medical Properties Trust by 40.1% during the fourth quarter. Lincoln National Corp now owns 22,661 shares of the real estate investment trust valued at $536,000 after acquiring an additional 6,491 shares during the period. Walleye Capital LLC increased its holdings in Medical Properties Trust by 6.6% during the 4th quarter. Walleye Capital LLC now owns 32,366 shares of the real estate investment trust worth $765,000 after acquiring an additional 2,000 shares during the period. Gateway Investment Advisers LLC increased its stake in Medical Properties Trust by 0.4% in Q1. Gateway Investment Advisers LLC now owns 469,915 shares of the real estate investment trust valued at $9,934,000 after acquiring an additional 1,719 shares during the period. Finally, Commonwealth Equity Services LLC increased its stake in Medical Properties Trust by 2.5% during the 4th quarter. Commonwealth Equity Services LLC now owns 272,615 shares of the real estate investment trust valued at $6,441,000 after acquiring an additional 6,760 shares during the period. 82.27% of the shares are held by hedge funds and other institutional investors.
MPW has been the subject of several recent research reports. StockNews.com upgraded the Medical Properties Trust from a “buy” to a “hold” rating in a research note on Monday. Bank of America downgraded Medical Properties Trust from a “buy” rating to a “neutral” rating and set a price target of $21.00 for the company. in a Friday, March 11 research note. Jefferies Financial Group lowered its price target on Medical Properties Trust from $19.00 to $15.00 and set a “holding” rating for the company in a research note on Thursday. Truist Financial cut its price target on Medical Properties Trust from $26.00 to $23.00 and set a “hold” rating for the company in a Thursday, March 24 research note. Finally, TheStreet upgraded Medical Properties Trust from a ‘b-‘ rating to a ‘c+’ rating in a Wednesday, June 15 research note. Six investment analysts gave the stock a hold rating, three gave the stock a buy rating and one gave the stock a strong buy rating. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $22.00.
MPW opened at $15.27 on Friday. The company has a market cap of $9.16 billion, a price-to-earnings ratio of 8.17, a growth price-to-earnings ratio of 0.85, and a beta of 0.65. Medical Properties Trust, Inc. has a 52-week low of $14.10 and a 52-week high of $24.13. The company’s 50-day moving average is $17.30 and its two-hundred-day moving average is $20.10. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt ratio of 1.13.
Medical Properties Trust (NYSE:MPW – Get Rating) last released its quarterly results on Thursday, April 28. The real estate investment trust reported EPS of $1.05 for the quarter, beating the consensus estimate of $0.47 by $0.58. The company posted revenue of $409.80 million for the quarter, versus analyst estimates of $413.31 million. Medical Properties Trust had a return on equity of 13.25% and a net margin of 70.61%. The company’s revenues increased by 13.0% compared to the same quarter last year. In the same quarter a year earlier, the company posted earnings per share of $0.42. Stock analysts expect Medical Properties Trust, Inc. to post EPS of 1.83 for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Thursday, July 14. Shareholders of record on Thursday, June 16 will receive a dividend of $0.29. This represents a dividend of $1.16 on an annualized basis and a dividend yield of 7.60%. The ex-date of this dividend is Wednesday, June 15. Medical Properties Trust’s payout ratio is currently 62.03%.
Separately, CFO R Steven Hamner sold 285,000 shares of the company in a trade that took place on Thursday, April 7. The stock was sold at an average price of $21.04, for a total value of $5,996,400.00. Following the transaction, the CFO now owns 1,961,214 shares of the company, valued at $41,263,942.56. The transaction was disclosed in a filing with the SEC, which is available on the SEC’s website. Insiders own 1.04% of the shares of the company.
Medical Property Trust Company Profile (Get an assessment)
Medical Properties Trust, Inc. is a self-administered real estate investment trust established in 2003 to acquire and develop net-lease hospital facilities. Since its inception in Birmingham, Alabama, the company has grown to become one of the largest hospital owners in the world with 431 facilities and approximately 43,000 licensed beds in nine countries and four continents on a pro forma basis. .
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