Janus Henderson Group PLC increased its stake in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 169.5% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 86,500 shares of the real estate investment trust’s stock after purchasing an additional 54,400 shares during the period. Janus Henderson Group PLC’s holdings in Medical Properties Trust were worth $1,290,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of the stock. BlackRock Inc. boosted its position in Medical Properties Trust by 1.9% in the 2nd quarter. BlackRock Inc. now owns 40,993,503 shares of the real estate investment trust’s stock valued at $575,548,000 after buying an additional 760,980 shares during the period. Massachusetts Financial Services Co. MA boosted its position in Medical Properties Trust by 2.1% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 21,516,682 shares of the real estate investment trust’s stock valued at $320,814,000 after buying an additional 448,361 shares during the period. LSV Asset Management boosted its position in Medical Properties Trust by 13.9% in the 2nd quarter. LSV Asset Management now owns 10,487,800 shares of the real estate investment trust’s stock valued at $147,248,000 after buying an additional 1,280,000 shares during the period. Bank of New York Mellon Corp boosted its position in Medical Properties Trust by 10.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 9,096,460 shares of the real estate investment trust’s stock valued at $127,715,000 after buying an additional 840,443 shares during the period. Finally, Dimensional Fund Advisors LP lifted its position in shares of Medical Properties Trust by 2.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 5,524,164 shares of the real estate investment trust’s stock worth $77,559,000 after purchasing an additional 119,131 shares during the last quarter. 76.59% of the stock is owned by hedge funds and other institutional investors.
In related news, Director Michael G. Stewart sold 12,400 shares of Medical Properties Trust stock in a transaction on Friday, October 12th. The shares were sold at an average price of $14.13, for a total transaction of $175,212.00. Following the sale, the director now directly owns 231,039 shares in the company, valued at approximately $3,264,581.07. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Edward K. Aldag, Jr. sold 43,065 shares of Medical Properties Trust stock in a transaction on Wednesday, November 28th. The stock was sold at an average price of $16.78, for a total transaction of $722,630.70. Following the sale, the chief executive officer now owns 1,873,541 shares in the company, valued at $31,438,017.98. The disclosure for this sale can be found here. Insiders have sold a total of 111,265 shares of company stock worth $1,868,705 over the last quarter. 0.83% of the stock is owned by company insiders.
Medical Properties Trust stock opened at $16.85 on Friday. The firm has a market cap of $6.18 billion, a PE ratio of 12.48, a PEG ratio of 3.15 and a beta of 0.50. Medical Properties Trust, Inc. has a 12-month low of $11.82 and a 12-month high of $17.52. The company has a debt-to-equity ratio of 0.90, a current ratio of 4.92 and a quick ratio of 4.92.
Medical Properties Trust (NYSE:MPW) last released its quarterly earnings data on Thursday, November 1st. The real estate investment trust reported $0.35 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.34 by $0.01. The business had revenue of $197.00 million during the quarter, compared to analysts’ expectations of $192.64 million. Medical Properties Trust had a net margin of 124.88% and a return on equity of 9.06%. The company’s revenue for the quarter was up 11.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.33 EPS. As a group, sell-side analysts forecast that Medical Properties Trust, Inc. will post 1.37 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 10th. Stockholders of record on Thursday, December 13th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Wednesday, December 12th. This represents a $1.00 annualized dividend and a dividend yield of 5.93%. Medical Properties Trust’s dividend payout ratio (DPR) is currently 74.07%.
Several research firms have recently issued reports on MPW. Zacks Investment Research cut shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a research report on Thursday, October 25th. Mitsubishi UFJ Financial Group lifted their price objective on shares of Medical Properties Trust to $15.00 and gave the stock a “neutral” rating in a research report on Friday, November 2nd. JMP Securities set a $16.00 price objective on shares of Medical Properties Trust and gave the stock a “buy” rating in a research report on Monday, October 1st. Stifel Nicolaus set a $14.00 price objective on shares of Medical Properties Trust and gave the stock a “hold” rating in a research report on Thursday, November 1st. Finally, Wells Fargo & Co raised shares of Medical Properties Trust from an “underperform” rating to a “market perform” rating and lifted their price objective for the stock from $13.50 to $17.50 in a research report on Tuesday, December 11th. Seven equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $14.79.
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Medical Properties Trust Company 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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