KBC Group NV lifted its holdings in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 134.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 487,466 shares of the real estate investment trust’s stock after purchasing an additional 279,442 shares during the quarter. KBC Group NV’s holdings in Medical Properties Trust were worth $6,337,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also made changes to their positions in the company. Signaturefd LLC acquired a new position in shares of Medical Properties Trust during the 1st quarter worth $102,000. First Dallas Securities Inc. acquired a new position in shares of Medical Properties Trust during the 4th quarter worth $106,000. Smith Asset Management Group LP increased its stake in shares of Medical Properties Trust by 93.4% during the 1st quarter. Smith Asset Management Group LP now owns 8,351 shares of the real estate investment trust’s stock worth $108,000 after purchasing an additional 4,032 shares during the last quarter. Assetmark Inc. increased its stake in shares of Medical Properties Trust by 485.0% during the 4th quarter. Assetmark Inc. now owns 9,676 shares of the real estate investment trust’s stock worth $133,000 after purchasing an additional 8,022 shares during the last quarter. Finally, Campbell & CO Investment Adviser LLC acquired a new position in shares of Medical Properties Trust during the 1st quarter worth $149,000. Institutional investors own 78.29% of the company’s stock.
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Several research analysts have recently commented on the stock. Zacks Investment Research lowered shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a research note on Wednesday, April 18th. Deutsche Bank dropped their price target on shares of Medical Properties Trust from $13.50 to $13.00 and set a “hold” rating on the stock in a research note on Monday, March 19th. Finally, ValuEngine lowered shares of Medical Properties Trust from a “buy” rating to a “hold” rating in a research note on Monday, April 2nd. Eight equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $14.28.
In other Medical Properties Trust news, Chairman Edward K. Aldag, Jr. sold 116,216 shares of the stock in a transaction on Tuesday, March 27th. The shares were sold at an average price of $12.56, for a total value of $1,459,672.96. Following the completion of the sale, the chairman now directly owns 1,759,620 shares of the company’s stock, valued at approximately $22,100,827.20. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. 1.00% of the stock is owned by corporate insiders.
Medical Properties Trust opened at $13.31 on Monday, MarketBeat.com reports. Medical Properties Trust, Inc. has a 1 year low of $11.82 and a 1 year high of $14.19. The company has a current ratio of 2.04, a quick ratio of 2.04 and a debt-to-equity ratio of 1.27. The firm has a market capitalization of $4.85 billion, a P/E ratio of 9.86, a PEG ratio of 2.51 and a beta of 0.69.
Medical Properties Trust (NYSE:MPW) last issued its quarterly earnings results on Thursday, May 3rd. The real estate investment trust reported $0.25 earnings per share for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.11). Medical Properties Trust had a net margin of 41.47% and a return on equity of 8.14%. The company had revenue of $205.05 million during the quarter, compared to the consensus estimate of $204.70 million. During the same period last year, the company earned $0.33 earnings per share. Medical Properties Trust’s revenue for the quarter was up 31.1% on a year-over-year basis. research analysts forecast that Medical Properties Trust, Inc. will post 1.42 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Thursday, July 12th. Shareholders of record on Thursday, June 14th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 7.51%. The ex-dividend date is Wednesday, June 13th. Medical Properties Trust’s dividend payout ratio (DPR) is presently 74.07%.
Medical Properties Trust Company Profile
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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