Dimensional Fund Advisors LP grew its stake in Medical Properties Trust, Inc. (NYSE:MPW) by 3.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,997,762 shares of the real estate investment trust’s stock after buying an additional 187,314 shares during the period. Dimensional Fund Advisors LP owned approximately 1.37% of Medical Properties Trust worth $65,619,000 at the end of the most recent reporting period.
A number of other hedge funds also recently added to or reduced their stakes in the business. Ffcm LLC bought a new stake in shares of Medical Properties Trust in the 3rd quarter worth approximately $116,000. Blair William Co. IL bought a new stake in shares of Medical Properties Trust in the 2nd quarter worth approximately $132,000. Janus Henderson Group PLC bought a new stake in shares of Medical Properties Trust in the 2nd quarter worth approximately $136,000. Cetera Investment Advisers bought a new stake in shares of Medical Properties Trust in the 2nd quarter worth approximately $141,000. Finally, Public Employees Retirement Association of Colorado bought a new stake in shares of Medical Properties Trust in the 2nd quarter worth approximately $147,000. 81.20% of the stock is owned by institutional investors and hedge funds.
A number of research firms recently commented on MPW. KeyCorp reiterated a “hold” rating on shares of Medical Properties Trust in a report on Sunday, September 17th. ValuEngine upgraded shares of Medical Properties Trust from a “hold” rating to a “buy” rating in a report on Thursday, November 9th. Zacks Investment Research lowered shares of Medical Properties Trust from a “buy” rating to a “hold” rating in a report on Wednesday, November 1st. Deutsche Bank lowered shares of Medical Properties Trust from a “buy” rating to a “hold” rating and lowered their price target for the company from $14.00 to $13.50 in a report on Wednesday. Finally, JPMorgan Chase Co. upgraded shares of Medical Properties Trust from an “underweight” rating to a “neutral” rating and set a $14.50 price target for the company in a report on Friday, December 15th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $14.30.
Medical Properties Trust, Inc. (NYSE:MPW) opened at $12.76 on Friday. The company has a debt-to-equity ratio of 1.26, a current ratio of 2.55 and a quick ratio of 2.55. Medical Properties Trust, Inc. has a 1-year low of $11.90 and a 1-year high of $14.22. The company has a market cap of $4,650.00, a price-to-earnings ratio of 16.79, a price-to-earnings-growth ratio of 1.58 and a beta of 0.96.
Medical Properties Trust (NYSE:MPW) last issued its quarterly earnings data on Thursday, November 2nd. The real estate investment trust reported $0.33 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.32 by $0.01. Medical Properties Trust had a net margin of 39.95% and a return on equity of 7.36%. The business had revenue of $176.60 million during the quarter, compared to analyst estimates of $172.57 million. During the same period in the prior year, the business earned $0.30 EPS. The company’s revenue for the quarter was up 39.5% on a year-over-year basis. sell-side analysts predict that Medical Properties Trust, Inc. will post 1.33 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 11th. Shareholders of record on Thursday, December 7th were issued a $0.24 dividend. The ex-dividend date of this dividend was Wednesday, December 6th. This represents a $0.96 annualized dividend and a yield of 7.52%. Medical Properties Trust’s dividend payout ratio (DPR) is presently 126.32%.
Medical Properties Trust Company 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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