Earnest Partners LLC Acquires 7,725 Shares of Medical Properties Trust, Inc. (MPW)

Earnest Partners LLC boosted its holdings in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 0.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,228,363 shares of the real estate investment trust’s stock after purchasing an additional 7,725 shares during the quarter. Earnest Partners LLC owned about 0.89% of Medical Properties Trust worth $41,549,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Goldman Sachs Group Inc. raised its stake in Medical Properties Trust by 25.2% during the first quarter. Goldman Sachs Group Inc. now owns 1,653,360 shares of the real estate investment trust’s stock valued at $21,311,000 after purchasing an additional 332,602 shares in the last quarter. Prudential Financial Inc. raised its stake in Medical Properties Trust by 766.7% during the second quarter. Prudential Financial Inc. now owns 4,320,798 shares of the real estate investment trust’s stock valued at $55,608,000 after purchasing an additional 3,822,244 shares in the last quarter. Systematic Financial Management LP purchased a new stake in Medical Properties Trust during the second quarter valued at $29,018,000. RMR Advisors LLC raised its stake in Medical Properties Trust by 5.7% during the second quarter. RMR Advisors LLC now owns 370,320 shares of the real estate investment trust’s stock valued at $4,766,000 after purchasing an additional 20,000 shares in the last quarter. Finally, Texas Yale Capital Corp. raised its stake in Medical Properties Trust by 1.9% during the second quarter. Texas Yale Capital Corp. now owns 66,200 shares of the real estate investment trust’s stock valued at $852,000 after purchasing an additional 1,250 shares in the last quarter. 83.69% of the stock is currently owned by institutional investors.

MPW has been the topic of a number of recent research reports. Jefferies Group LLC raised shares of Medical Properties Trust from a “hold” rating to a “buy” rating in a research note on Tuesday, July 4th. Deutsche Bank AG upped their price target on shares of Medical Properties Trust from $13.50 to $15.00 and gave the company a “buy” rating in a research note on Tuesday, July 4th. Zacks Investment Research raised shares of Medical Properties Trust from a “hold” rating to a “buy” rating and set a $15.00 price target on the stock in a research note on Wednesday, July 19th. ValuEngine raised shares of Medical Properties Trust from a “hold” rating to a “buy” rating in a research note on Thursday, August 3rd. Finally, Royal Bank Of Canada reaffirmed a “buy” rating and set a $16.00 price target on shares of Medical Properties Trust in a research note on Monday, July 24th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $14.10.

Medical Properties Trust, Inc. (NYSE MPW) traded up 0.575% on Monday, reaching $13.125. 222,938 shares of the company’s stock were exchanged. The firm has a 50 day moving average price of $13.04 and a 200 day moving average price of $13.07. The firm has a market cap of $4.59 billion, a PE ratio of 16.045 and a beta of 0.88. Medical Properties Trust, Inc. has a one year low of $11.54 and a one year high of $15.04.

Medical Properties Trust (NYSE:MPW) last posted its quarterly earnings results on Wednesday, August 9th. The real estate investment trust reported $0.32 EPS for the quarter, hitting the consensus estimate of $0.32. Medical Properties Trust had a return on equity of 7.54% and a net margin of 42.25%. The business had revenue of $166.80 million for the quarter, compared to analyst estimates of $163.08 million. During the same quarter in the previous year, the firm earned $0.32 EPS. The company’s quarterly revenue was up 32.1% compared to the same quarter last year. On average, equities analysts anticipate that Medical Properties Trust, Inc. will post $0.86 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 12th. Stockholders of record on Thursday, September 14th will be issued a dividend of $0.24 per share. The ex-dividend date of this dividend is Wednesday, September 13th. This represents a $0.96 annualized dividend and a dividend yield of 7.36%. Medical Properties Trust’s dividend payout ratio is presently 115.66%.

TRADEMARK VIOLATION NOTICE: This story was originally published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this story on another website, it was illegally copied and republished in violation of United States & international tradema

Other institutional investors have also added to or reduced their stakes in the company. Goldman Sachs Group Inc. raised its stake in Medical Properties Trust by 25.2% during the first quarter. Goldman Sachs Group Inc. now owns 1,653,360 shares of the real estate investment trust’s stock valued at $21,311,000 after purchasing an additional 332,602 shares in the last quarter. Prudential Financial Inc. raised its stake in Medical Properties Trust by 766.7% during the second quarter. Prudential Financial Inc. now owns 4,320,798 shares of the real estate investment trust’s stock valued at $55,608,000 after purchasing an additional 3,822,244 shares in the last quarter. Systematic Financial Management LP purchased a new stake in Medical Properties Trust during the second quarter valued at $29,018,000. RMR Advisors LLC raised its stake in Medical Properties Trust by 5.7% during the second quarter. RMR Advisors LLC now owns 370,320 shares of the real estate investment trust’s stock valued at $4,766,000 after purchasing an additional 20,000 shares in the last quarter. Finally, Texas Yale Capital Corp. raised its stake in Medical Properties Trust by 1.9% during the second quarter. Texas Yale Capital Corp. now owns 66,200 shares of the real estate investment trust’s stock valued at $852,000 after purchasing an additional 1,250 shares in the last quarter. 83.69% of the stock is currently owned by institutional investors.

MPW has been the topic of a number of recent research reports. Jefferies Group LLC raised shares of Medical Properties Trust from a “hold” rating to a “buy” rating in a research note on Tuesday, July 4th. Deutsche Bank AG upped their price target on shares of Medical Properties Trust from $13.50 to $15.00 and gave the company a “buy” rating in a research note on Tuesday, July 4th. Zacks Investment Research raised shares of Medical Properties Trust from a “hold” rating to a “buy” rating and set a $15.00 price target on the stock in a research note on Wednesday, July 19th. ValuEngine raised shares of Medical Properties Trust from a “hold” rating to a “buy” rating in a research note on Thursday, August 3rd. Finally, Royal Bank Of Canada reaffirmed a “buy” rating and set a $16.00 price target on shares of Medical Properties Trust in a research note on Monday, July 24th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $14.10.

Medical Properties Trust, Inc. (NYSE MPW) traded up 0.575% on Monday, reaching $13.125. 222,938 shares of the company’s stock were exchanged. The firm has a 50 day moving average price of $13.04 and a 200 day moving average price of $13.07. The firm has a market cap of $4.59 billion, a PE ratio of 16.045 and a beta of 0.88. Medical Properties Trust, Inc. has a one year low of $11.54 and a one year high of $15.04.

Medical Properties Trust (NYSE:MPW) last posted its quarterly earnings results on Wednesday, August 9th. The real estate investment trust reported $0.32 EPS for the quarter, hitting the consensus estimate of $0.32. Medical Properties Trust had a return on equity of 7.54% and a net margin of 42.25%. The business had revenue of $166.80 million for the quarter, compared to analyst estimates of $163.08 million. During the same quarter in the previous year, the firm earned $0.32 EPS. The company’s quarterly revenue was up 32.1% compared to the same quarter last year. On average, equities analysts anticipate that Medical Properties Trust, Inc. will post $0.86 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 12th. Stockholders of record on Thursday, September 14th will be issued a dividend of $0.24 per share. The ex-dividend date of this dividend is Wednesday, September 13th. This represents a $0.96 annualized dividend and a dividend yield of 7.36%. Medical Properties Trust’s dividend payout ratio is presently 115.66%.

TRADEMARK VIOLATION NOTICE: This story was originally published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this story on another website, it was illegally copied and republished in violation of United States & international trademark & copyright law. The original version of this story can be viewed at https://ledgergazette.com/2017/10/09/earnest-partners-llc-acquires-7725-shares-of-medical-properties-trust-inc-mpw.html.

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

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