Medical Properties Trust Inc. (NYSE:MPW) has received a consensus recommendation of “Hold” from the ten analysts that are presently covering the firm. Six investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $14.25.
A number of brokerages recently commented on MPW. Wells Fargo & Co. reaffirmed a “hold” rating on shares of Medical Properties Trust in a research note on Sunday, September 4th. Zacks Investment Research lowered Medical Properties Trust from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 19th. BTIG Research reaffirmed a “neutral” rating on shares of Medical Properties Trust in a research note on Tuesday, September 27th. JMP Securities lowered Medical Properties Trust from an “outperform” rating to a “market perform” rating in a research note on Friday, July 1st. Finally, Deutsche Bank AG began coverage on Medical Properties Trust in a research note on Friday, July 22nd. They issued a “buy” rating and a $17.00 price target for the company.
In other news, Director G Steven Dawson sold 10,000 shares of the firm’s stock in a transaction on Friday, August 19th. The stock was sold at an average price of $15.36, for a total transaction of $153,600.00. Following the completion of the transaction, the director now directly owns 67,729 shares in the company, valued at $1,040,317.44. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Chairman Edward K. Aldag, Jr. sold 50,000 shares of the firm’s stock in a transaction on Tuesday, August 9th. The shares were sold at an average price of $15.52, for a total value of $776,000.00. Following the transaction, the chairman now owns 1,927,313 shares of the company’s stock, valued at $29,911,897.76. The disclosure for this sale can be found here. Company insiders own 1.44% of the company’s stock.
Several institutional investors have recently modified their holdings of the stock. MCF Advisors LLC increased its position in shares of Medical Properties Trust by 1.6% in the second quarter. MCF Advisors LLC now owns 8,397 shares of the real estate investment trust’s stock valued at $128,000 after buying an additional 136 shares during the last quarter. Daiwa Securities Group Inc. increased its position in shares of Medical Properties Trust by 1.2% in the second quarter. Daiwa Securities Group Inc. now owns 8,500 shares of the real estate investment trust’s stock valued at $129,000 after buying an additional 100 shares during the last quarter. IFP Advisors Inc increased its position in shares of Medical Properties Trust by 28.5% in the first quarter. IFP Advisors Inc now owns 8,903 shares of the real estate investment trust’s stock valued at $116,000 after buying an additional 1,977 shares during the last quarter. Creative Planning increased its position in shares of Medical Properties Trust by 5.9% in the second quarter. Creative Planning now owns 9,869 shares of the real estate investment trust’s stock valued at $150,000 after buying an additional 550 shares during the last quarter. Finally, Jane Street Group LLC bought a new position in shares of Medical Properties Trust during the second quarter valued at $160,000. Hedge funds and other institutional investors own 81.48% of the company’s stock.
Medical Properties Trust (NYSE:MPW) opened at 14.77 on Friday. The company’s 50-day moving average is $14.93 and its 200-day moving average is $14.47. Medical Properties Trust has a 52-week low of $9.61 and a 52-week high of $15.92. The company has a market capitalization of $3.52 billion, a price-to-earnings ratio of 18.06 and a beta of 1.02.
Medical Properties Trust (NYSE:MPW) last released its quarterly earnings data on Thursday, August 4th. The real estate investment trust reported $0.32 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.32. The firm earned $126.30 million during the quarter, compared to analyst estimates of $128.04 million. Medical Properties Trust had a return on equity of 9.06% and a net margin of 38.03%. The business’s quarterly revenue was up 26.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.30 earnings per share. On average, analysts expect that Medical Properties Trust will post $1.28 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 13th. Shareholders of record on Thursday, September 15th will be given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 6.23%. The ex-dividend date of this dividend is Tuesday, September 13th. Medical Properties Trust’s dividend payout ratio is currently 115.00%.
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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