Allianz Asset Management GmbH increased its position in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 52.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 555,693 shares of the real estate investment trust’s stock after buying an additional 191,457 shares during the quarter. Allianz Asset Management GmbH’s holdings in Medical Properties Trust were worth $7,658,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Raymond James Financial Services Advisors Inc. grew its stake in Medical Properties Trust by 3.6% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 130,968 shares of the real estate investment trust’s stock valued at $1,720,000 after purchasing an additional 4,600 shares in the last quarter. Crossmark Global Holdings Inc. bought a new position in Medical Properties Trust in the third quarter valued at approximately $445,000. American Century Companies Inc. grew its stake in Medical Properties Trust by 13.0% in the third quarter. American Century Companies Inc. now owns 970,884 shares of the real estate investment trust’s stock valued at $12,748,000 after purchasing an additional 111,529 shares in the last quarter. Keybank National Association OH bought a new position in Medical Properties Trust in the third quarter valued at approximately $223,000. Finally, Swiss National Bank grew its stake in Medical Properties Trust by 1.6% in the third quarter. Swiss National Bank now owns 608,800 shares of the real estate investment trust’s stock valued at $7,994,000 after purchasing an additional 9,700 shares in the last quarter. Institutional investors and hedge funds own 80.91% of the company’s stock.

How to Become a New Pot Stock Millionaire

Medical Properties Trust, Inc. (NYSE MPW) opened at $12.91 on Thursday. The company has a debt-to-equity ratio of 1.28, a quick ratio of 2.06 and a current ratio of 2.06. Medical Properties Trust, Inc. has a one year low of $11.82 and a one year high of $14.22. The company has a market capitalization of $4,710.00, a P/E ratio of 15.74, a PEG ratio of 2.63 and a beta of 0.82.

Medical Properties Trust (NYSE:MPW) last issued its earnings results on Thursday, February 8th. The real estate investment trust reported $0.37 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.35 by $0.02. Medical Properties Trust had a return on equity of 7.85% and a net margin of 41.12%. The company had revenue of $205.00 million during the quarter, compared to the consensus estimate of $204.52 million. During the same period in the previous year, the company posted $0.31 EPS. The firm’s revenue for the quarter was up 33.7% compared to the same quarter last year. research analysts anticipate that Medical Properties Trust, Inc. will post 1.43 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 12th. Stockholders of record on Thursday, March 15th will be paid a dividend of $0.25 per share. This is an increase from Medical Properties Trust’s previous quarterly dividend of $0.24. This represents a $1.00 annualized dividend and a dividend yield of 7.75%. The ex-dividend date of this dividend is Wednesday, March 14th. Medical Properties Trust’s payout ratio is currently 117.07%.

In other news, Chairman Edward K. Aldag, Jr. sold 489,971 shares of Medical Properties Trust stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $12.39, for a total transaction of $6,070,740.69. Following the completion of the transaction, the chairman now directly owns 2,192,629 shares in the company, valued at approximately $27,166,673.31. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.00% of the company’s stock.

A number of research analysts have weighed in on MPW shares. Zacks Investment Research upgraded Medical Properties Trust from a “sell” rating to a “hold” rating in a research note on Tuesday, January 16th. Deutsche Bank downgraded Medical Properties Trust from a “buy” rating to a “hold” rating and decreased their price target for the company from $14.00 to $13.50 in a research note on Wednesday, January 10th. JPMorgan Chase & Co. upgraded Medical Properties Trust from an “underweight” rating to a “neutral” rating and set a $14.50 price target for the company in a research note on Friday, December 15th. Finally, Robert W. Baird downgraded Medical Properties Trust from an “outperform” rating to a “neutral” rating and decreased their price target for the company from $15.00 to $13.00 in a research note on Friday, January 5th. Seven equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $14.33.

WARNING: “Allianz Asset Management GmbH Boosts Position in Medical Properties Trust, Inc. (MPW)” was originally reported by Daily Political and is the sole property of of Daily Political. If you are reading this article on another website, it was illegally stolen and reposted in violation of United States & international copyright & trademark law. The correct version of this article can be read at https://www.dailypolitical.com/2018/03/15/allianz-asset-management-gmbh-boosts-position-in-medical-properties-trust-inc-mpw.html.

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.

Want to see what other hedge funds are holding MPW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Medical Properties Trust, Inc. (NYSE:MPW).

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

Receive News & Ratings for Medical Properties Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Medical Properties Trust and related companies with MarketBeat.com's FREE daily email newsletter.