Axa reduced its position in Medical Properties Trust, Inc. (NYSE:MPW) by 25.7% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 613,618 shares of the real estate investment trust’s stock after selling 212,100 shares during the quarter. Axa owned approximately 0.17% of Medical Properties Trust worth $7,897,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also recently added to or reduced their stakes in the company. IFP Advisors Inc increased its position in Medical Properties Trust by 12.1% in the second quarter. IFP Advisors Inc now owns 10,102 shares of the real estate investment trust’s stock worth $130,000 after buying an additional 1,093 shares during the last quarter. Blair William & Co. IL bought a new position in shares of Medical Properties Trust in the second quarter worth $132,000. Neuburgh Advisers LLC boosted its holdings in shares of Medical Properties Trust by 6.2% in the first quarter. Neuburgh Advisers LLC now owns 10,582 shares of the real estate investment trust’s stock worth $136,000 after acquiring an additional 616 shares during the period. Cutter & CO Brokerage Inc. boosted its holdings in shares of Medical Properties Trust by 10.3% in the second quarter. Cutter & CO Brokerage Inc. now owns 11,081 shares of the real estate investment trust’s stock worth $143,000 after acquiring an additional 1,031 shares during the period. Finally, Public Employees Retirement Association of Colorado bought a new position in shares of Medical Properties Trust in the second quarter worth $147,000. 85.55% of the stock is owned by institutional investors and hedge funds.
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Shares of Medical Properties Trust, Inc. (NYSE MPW) opened at 13.07 on Thursday. The company has a 50-day moving average of $12.88 and a 200-day moving average of $13.02. Medical Properties Trust, Inc. has a 52-week low of $11.54 and a 52-week high of $15.34. The stock has a market capitalization of $4.57 billion, a price-to-earnings ratio of 15.98 and a beta of 0.88.
Medical Properties Trust (NYSE:MPW) last posted its earnings results on Wednesday, August 9th. The real estate investment trust reported $0.32 earnings per share for the quarter, meeting the consensus estimate of $0.32. The company had revenue of $166.80 million for the quarter, compared to analyst estimates of $163.08 million. Medical Properties Trust had a net margin of 42.25% and a return on equity of 7.54%. Medical Properties Trust’s revenue was up 32.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.32 EPS. Equities research analysts anticipate that Medical Properties Trust, Inc. will post $0.86 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Thursday, October 12th. Shareholders of record on Thursday, September 14th will be issued a $0.24 dividend. The ex-dividend date is Wednesday, September 13th. This represents a $0.96 annualized dividend and a yield of 7.35%. Medical Properties Trust’s payout ratio is 115.66%.
MPW has been the subject of a number of analyst reports. Zacks Investment Research raised Medical Properties Trust from a “hold” rating to a “buy” rating and set a $15.00 price target for the company in a report on Wednesday, July 19th. BidaskClub lowered Medical Properties Trust from a “hold” rating to a “sell” rating in a report on Tuesday, July 11th. ValuEngine lowered Medical Properties Trust from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Deutsche Bank AG raised their price target on Medical Properties Trust from $13.50 to $15.00 and gave the stock a “buy” rating in a report on Tuesday, July 4th. Finally, Royal Bank Of Canada reaffirmed a “buy” rating and issued a $16.00 price target on shares of Medical Properties Trust in a report on Monday, July 24th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have issued a buy rating to the company’s stock. Medical Properties Trust currently has a consensus rating of “Hold” and an average price target of $14.10.
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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