Medical Properties Trust Inc. (NYSE:MPW) gapped up before the market opened on Friday . The stock had previously closed at $15.65, but opened at $15.69. Medical Properties Trust shares last traded at $15.80, with a volume of 731,168 shares.

MPW has been the topic of several analyst reports. Zacks Investment Research cut shares of Medical Properties Trust from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. Jefferies Group raised their price target on shares of Medical Properties Trust to $13.00 and gave the stock a “hold” rating in a research note on Thursday, April 7th. JMP Securities cut shares of Medical Properties Trust from an “outperform” rating to a “market perform” rating in a research note on Friday, July 1st. Deutsche Bank AG initiated coverage on shares of Medical Properties Trust in a research note on Friday. They set a “buy” rating and a $17.00 price target on the stock. Finally, TheStreet raised shares of Medical Properties Trust from a “hold” rating to a “buy” rating in a research note on Tuesday, June 21st. Four research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $14.07.

The firm has a 50-day moving average of $15.08 and a 200 day moving average of $13.05. The company has a market cap of $3.75 billion and a price-to-earnings ratio of 22.41.

Medical Properties Trust (NYSE:MPW) last issued its quarterly earnings data on Wednesday, May 4th. The real estate investment trust reported $0.35 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.35. The company had revenue of $135 million for the quarter, compared to the consensus estimate of $131.74 million. During the same quarter in the prior year, the firm earned $0.28 earnings per share. Medical Properties Trust’s revenue for the quarter was up 40.6% compared to the same quarter last year. Equities research analysts anticipate that Medical Properties Trust Inc. will post $1.28 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 14th. Investors of record on Thursday, June 16th were paid a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 5.82%. The ex-dividend date was Tuesday, June 14th. This is a boost from Medical Properties Trust’s previous quarterly dividend of $0.22.

In other Medical Properties Trust news, CFO R Steven Hamner sold 68,000 shares of the business’s stock in a transaction dated Tuesday, June 14th. The shares were sold at an average price of $14.74, for a total value of $1,002,320.00. Following the sale, the chief financial officer now directly owns 952,558 shares in the company, valued at $14,040,704.92. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Sherry A. Kellett sold 24,000 shares of the business’s stock in a transaction dated Thursday, May 26th. The stock was sold at an average price of $14.46, for a total transaction of $347,040.00. Following the completion of the sale, the director now owns 57,617 shares in the company, valued at $833,141.82. The disclosure for this sale can be found here.

A number of large investors have modified their holdings of the company. State of Tennessee Treasury Department acquired a new stake in shares of Medical Properties Trust during the fourth quarter valued at approximately $2,090,000. State of New Jersey Common Pension Fund D boosted its stake in shares of Medical Properties Trust by 100.0% in the fourth quarter. State of New Jersey Common Pension Fund D now owns 410,000 shares of the real estate investment trust’s stock valued at $4,719,000 after buying an additional 205,000 shares during the period. Victory Capital Management Inc. boosted its stake in shares of Medical Properties Trust by 6.1% in the fourth quarter. Victory Capital Management Inc. now owns 2,644,497 shares of the real estate investment trust’s stock valued at $30,439,000 after buying an additional 151,183 shares during the period. WFG Advisors LP boosted its stake in shares of Medical Properties Trust by 1.4% in the fourth quarter. WFG Advisors LP now owns 352,489 shares of the real estate investment trust’s stock valued at $4,057,000 after buying an additional 4,972 shares during the period. Finally, Principal Financial Group Inc. boosted its stake in shares of Medical Properties Trust by 2.2% in the fourth quarter. Principal Financial Group Inc. now owns 3,886,323 shares of the real estate investment trust’s stock valued at $44,731,000 after buying an additional 82,723 shares during the period.

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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