Metropolitan Life Insurance Co. NY reduced its stake in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 0.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 510,219 shares of the real estate investment trust’s stock after selling 325 shares during the period. Metropolitan Life Insurance Co. NY’s holdings in Medical Properties Trust were worth $6,577,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Swiss National Bank increased its stake in shares of Medical Properties Trust by 6.2% in the first quarter. Swiss National Bank now owns 527,700 shares of the real estate investment trust’s stock valued at $6,802,000 after buying an additional 30,800 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in shares of Medical Properties Trust by 3.1% in the fourth quarter. Envestnet Asset Management Inc. now owns 19,565 shares of the real estate investment trust’s stock valued at $241,000 after buying an additional 588 shares during the last quarter. Stratos Wealth Partners LTD. increased its stake in shares of Medical Properties Trust by 13.4% in the first quarter. Stratos Wealth Partners LTD. now owns 26,293 shares of the real estate investment trust’s stock valued at $339,000 after buying an additional 3,112 shares during the last quarter. Martingale Asset Management L P increased its stake in shares of Medical Properties Trust by 10.3% in the fourth quarter. Martingale Asset Management L P now owns 133,631 shares of the real estate investment trust’s stock valued at $1,644,000 after buying an additional 12,512 shares during the last quarter. Finally, State Street Corp increased its stake in shares of Medical Properties Trust by 21.7% in the fourth quarter. State Street Corp now owns 11,390,461 shares of the real estate investment trust’s stock valued at $140,103,000 after buying an additional 2,032,590 shares during the last quarter. Hedge funds and other institutional investors own 79.26% of the company’s stock.

Institutional Ownership by Quarter for Medical Properties Trust (NYSE:MPW)

Shares of Medical Properties Trust, Inc. (NYSE:MPW) traded up 0.84% during midday trading on Thursday, reaching $13.27. The company had a trading volume of 3,069,430 shares. The stock has a market capitalization of $4.26 billion, a price-to-earnings ratio of 15.93 and a beta of 0.92. The firm’s 50 day moving average price is $13.15 and its 200-day moving average price is $12.93. Medical Properties Trust, Inc. has a 1-year low of $11.54 and a 1-year high of $15.92.

Medical Properties Trust (NYSE:MPW) last issued its earnings results on Thursday, May 4th. The real estate investment trust reported $0.33 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.33. The business had revenue of $156.40 million during the quarter, compared to analyst estimates of $156.91 million. Medical Properties Trust had a return on equity of 7.94% and a net margin of 41.79%. Medical Properties Trust’s revenue was up 15.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.35 EPS. Equities research analysts expect that Medical Properties Trust, Inc. will post $0.86 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, July 14th. Shareholders of record on Thursday, June 15th will be given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 7.29%. The ex-dividend date of this dividend is Tuesday, June 13th. Medical Properties Trust’s dividend payout ratio (DPR) is presently 114.29%.

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MPW has been the subject of a number of recent analyst reports. SunTrust Banks, Inc. restated a “buy” rating on shares of Medical Properties Trust in a report on Wednesday, March 8th. ValuEngine downgraded Medical Properties Trust from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. Deutsche Bank AG upped their target price on Medical Properties Trust from $13.50 to $15.00 and gave the company a “buy” rating in a report on Thursday, April 6th. Robert W. Baird initiated coverage on Medical Properties Trust in a report on Thursday, March 9th. They set an “outperform” rating and a $14.00 target price for the company. Finally, BidaskClub upgraded Medical Properties Trust from a “sell” rating to a “hold” rating in a report on Saturday, June 10th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $14.22.

In other news, CFO R Steven Hamner sold 85,000 shares of the business’s stock in a transaction on Wednesday, June 14th. The stock was sold at an average price of $13.36, for a total value of $1,135,600.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Chairman Edward K. Aldag, Jr. sold 301,845 shares of the business’s stock in a transaction on Tuesday, March 28th. The stock was sold at an average price of $12.74, for a total value of $3,845,505.30. The disclosure for this sale can be found here. Insiders own 1.00% of the company’s stock.

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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