SG Americas Securities LLC reduced its stake in Medical Properties Trust (NYSE:MPW) by 34.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 147,131 shares of the real estate investment trust’s stock after selling 77,094 shares during the quarter. SG Americas Securities LLC’s holdings in Medical Properties Trust were worth $1,913,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently bought and sold shares of MPW. First Dallas Securities Inc. bought a new stake in Medical Properties Trust in the 4th quarter valued at $106,000. Assetmark Inc. lifted its position in Medical Properties Trust by 485.0% in the 4th quarter. Assetmark Inc. now owns 9,676 shares of the real estate investment trust’s stock valued at $133,000 after acquiring an additional 8,022 shares in the last quarter. Bank of Hawaii bought a new stake in Medical Properties Trust in the 4th quarter valued at $166,000. Northwestern Mutual Wealth Management Co. lifted its position in Medical Properties Trust by 274.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 12,362 shares of the real estate investment trust’s stock valued at $170,000 after acquiring an additional 9,059 shares in the last quarter. Finally, Atria Investments LLC bought a new stake in Medical Properties Trust in the 1st quarter valued at $178,000. 80.15% of the stock is currently owned by institutional investors and hedge funds.
Shares of MPW stock opened at $13.08 on Friday. The company has a current ratio of 2.04, a quick ratio of 2.04 and a debt-to-equity ratio of 1.27. Medical Properties Trust has a 1 year low of $13.15 and a 1 year high of $13.31. The firm has a market capitalization of $4.82 billion, a price-to-earnings ratio of 9.58, a price-to-earnings-growth ratio of 2.50 and a beta of 0.69.
Medical Properties Trust (NYSE:MPW) last issued its quarterly earnings results on Thursday, May 3rd. The real estate investment trust reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by ($0.11). Medical Properties Trust had a net margin of 41.47% and a return on equity of 8.14%. The business had revenue of $205.05 million during the quarter, compared to analyst estimates of $204.70 million. During the same quarter in the previous year, the firm posted $0.33 earnings per share. The firm’s quarterly revenue was up 31.1% on a year-over-year basis. research analysts expect that Medical Properties Trust will post 1.42 EPS for the current year.
In other Medical Properties Trust news, Chairman Edward K. Aldag, Jr. sold 116,216 shares of Medical Properties Trust stock in a transaction on Tuesday, March 27th. The shares were sold at an average price of $12.56, for a total value of $1,459,672.96. Following the sale, the chairman now directly owns 1,759,620 shares in the company, valued at approximately $22,100,827.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.00% of the stock is currently owned by insiders.
Several equities research analysts recently commented on MPW shares. ValuEngine cut shares of Medical Properties Trust from a “buy” rating to a “hold” rating in a research report on Monday, April 2nd. Deutsche Bank cut their price objective on shares of Medical Properties Trust from $13.50 to $13.00 and set a “hold” rating on the stock in a research report on Monday, March 19th. Finally, Zacks Investment Research raised shares of Medical Properties Trust from a “sell” rating to a “hold” rating in a research report on Wednesday, May 9th. Eight equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Medical Properties Trust currently has a consensus rating of “Hold” and an average price target of $14.28.
Medical Properties Trust Profile
Medical Properties Trust, Inc is a self-advised real estate investment trust formed to capitalize on the changing trends in healthcare delivery by acquiring and developing net-leased healthcare facilities. MPT's financing model helps facilitate acquisitions and recapitalizations and allows operators of hospitals and other healthcare facilities to unlock the value of their real estate assets to fund facility improvements, technology upgrades and other investments in operations.
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