WESPAC Advisors LLC purchased a new position in shares of Medical Properties Trust Inc. (NYSE:MPW) during the second quarter, Holdings Channel reports. The fund purchased 35,330 shares of the real estate investment trust’s stock, valued at approximately $537,000.

Other large investors have also added to or reduced their stakes in the company. MCF Advisors LLC boosted its stake in Medical Properties Trust by 2.1% in the first quarter. MCF Advisors LLC now owns 8,261 shares of the real estate investment trust’s stock worth $107,000 after buying an additional 172 shares during the period. IFP Advisors Inc boosted its stake in 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 worth $116,000 after buying an additional 1,977 shares during the period. Daiwa Securities Group Inc. boosted its stake in 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 worth $129,000 after buying an additional 100 shares during the period. Creative Planning boosted its stake in 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 worth $150,000 after buying an additional 550 shares during the period. Finally, BlackRock Japan Co. Ltd boosted its stake in Medical Properties Trust by 0.5% in the first quarter. BlackRock Japan Co. Ltd now owns 12,577 shares of the real estate investment trust’s stock worth $163,000 after buying an additional 65 shares during the period. 81.48% of the stock is currently owned by institutional investors.

Medical Properties Trust Inc. (NYSE:MPW) traded up 1.26% on Wednesday, hitting $14.51. The company’s stock had a trading volume of 1,847,102 shares. The company has a 50 day moving average price of $15.05 and a 200-day moving average price of $14.34. The company has a market capitalization of $3.45 billion, a P/E ratio of 17.74 and a beta of 1.02. Medical Properties Trust Inc. has a 1-year low of $9.61 and a 1-year high of $15.92.

Medical Properties Trust (NYSE:MPW) last issued its quarterly earnings data on Thursday, August 4th. The real estate investment trust reported $0.32 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.32. The firm had revenue of $126.30 million for the quarter, compared to analysts’ expectations of $128.04 million. Medical Properties Trust had a net margin of 38.03% and a return on equity of 9.06%. The company’s quarterly revenue was up 26.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.30 earnings per share. On average, equities analysts forecast that Medical Properties Trust Inc. will post $1.30 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 paid a dividend of $0.23 per share. The ex-dividend date of this dividend is Tuesday, September 13th. This represents a $0.92 annualized dividend and a yield of 6.34%. Medical Properties Trust’s dividend payout ratio is 115.00%.

Several equities research analysts recently commented on MPW shares. TheStreet raised Medical Properties Trust from a “hold” rating to a “buy” rating in a report on Tuesday, June 21st. Zacks Investment Research raised Medical Properties Trust from a “hold” rating to a “buy” rating and set a $17.00 target price on the stock in a report on Tuesday, June 7th. Deutsche Bank AG started coverage on Medical Properties Trust in a report on Friday, July 22nd. They set a “buy” rating and a $17.00 target price on the stock. Wells Fargo & Co. reissued a “hold” rating on shares of Medical Properties Trust in a report on Sunday, September 4th. Finally, JMP Securities cut Medical Properties Trust from an “outperform” rating to a “market perform” rating in a report on Friday, July 1st. Five equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $14.17.

In other Medical Properties Trust news, Chairman Edward K. Aldag, Jr. sold 50,000 shares of the company’s stock in a transaction dated Tuesday, August 9th. The shares were sold at an average price of $15.52, for a total transaction of $776,000.00. Following the sale, the chairman now directly owns 1,927,313 shares of the company’s stock, valued at $29,911,897.76. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director G Steven Dawson sold 10,000 shares of the company’s stock in a transaction dated Friday, August 19th. The stock was sold at an average price of $15.36, for a total transaction of $153,600.00. Following the sale, the director now directly owns 67,729 shares in the company, valued at $1,040,317.44. The disclosure for this sale can be found here. Company insiders own 1.44% of the company’s stock.

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.

5 Day Chart for NYSE:MPW

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