Allianz Asset Management GmbH raised its stake in Medical Properties Trust, Inc. (NYSE:MPW) by 52.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm 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 owned 0.15% of Medical Properties Trust worth $7,658,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors also recently added to or reduced their stakes in the company. First Dallas Securities Inc. acquired a new position in Medical Properties Trust in the fourth quarter valued at about $106,000. Ffcm LLC acquired a new position in Medical Properties Trust in the third quarter valued at about $116,000. Assetmark Inc. raised its position in shares of Medical Properties Trust by 485.0% during the fourth quarter. Assetmark Inc. now owns 9,676 shares of the real estate investment trust’s stock worth $133,000 after purchasing an additional 8,022 shares during the period. Investors Asset Management of Georgia Inc. GA ADV acquired a new stake in shares of Medical Properties Trust during the fourth quarter worth about $138,000. Finally, Mcmillion Capital Management Inc. acquired a new stake in shares of Medical Properties Trust during the third quarter worth about $137,000. 80.91% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Medical Properties Trust, Inc. (NYSE MPW) opened at $12.91 on Thursday. The company has a market capitalization of $4,710.00, a PE ratio of 15.74, a PEG ratio of 2.63 and a beta of 0.82. The company has a current ratio of 2.06, a quick ratio of 2.06 and a debt-to-equity ratio of 1.28. Medical Properties Trust, Inc. has a 1 year low of $11.82 and a 1 year high of $14.22.
Medical Properties Trust (NYSE:MPW) last posted its quarterly earnings data on Thursday, February 8th. The real estate investment trust reported $0.37 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.35 by $0.02. The business had revenue of $205.00 million during the quarter, compared to the consensus estimate of $204.52 million. Medical Properties Trust had a return on equity of 7.85% and a net margin of 41.12%. Medical Properties Trust’s quarterly revenue was up 33.7% on a year-over-year basis. During the same period last year, the company earned $0.31 earnings per share. research analysts forecast that Medical Properties Trust, Inc. will post 1.43 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 12th. Investors of record on Thursday, March 15th will be issued a dividend of $0.25 per share. The ex-dividend date is Wednesday, March 14th. This is an increase from Medical Properties Trust’s previous quarterly dividend of $0.24. This represents a $1.00 dividend on an annualized basis and a dividend yield of 7.75%. Medical Properties Trust’s dividend payout ratio (DPR) is presently 117.07%.
A number of equities research analysts have recently commented on MPW shares. Robert W. Baird lowered Medical Properties Trust from an “outperform” rating to a “neutral” rating and dropped their price target for the stock from $15.00 to $13.00 in a research report on Friday, January 5th. JPMorgan Chase & Co. raised Medical Properties Trust from an “underweight” rating to a “neutral” rating and set a $14.50 price target on the stock in a research report on Friday, December 15th. Zacks Investment Research raised Medical Properties Trust from a “sell” rating to a “hold” rating in a research report on Tuesday, January 16th. Finally, Deutsche Bank lowered Medical Properties Trust from a “buy” rating to a “hold” rating and dropped their price target for the stock from $14.00 to $13.50 in a research report on Wednesday, January 10th. Seven research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $14.33.
In related news, Chairman Edward K. Aldag, Jr. sold 489,971 shares of the stock in a transaction dated 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 $27,166,673.31. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 1.00% of the stock is currently owned by company insiders.
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About Medical Properties Trust
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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