Campbell Capital Management Inc. lowered its position in Medical Properties Trust, Inc. (NYSE:MPW) by 1.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 118,058 shares of the real estate investment trust’s stock after selling 1,332 shares during the quarter. Medical Properties Trust makes up about 1.2% of Campbell Capital Management Inc.’s portfolio, making the stock its 24th biggest position. Campbell Capital Management Inc.’s holdings in Medical Properties Trust were worth $2,512,000 at the end of the most recent reporting period.
Other large investors have also recently made changes to their positions in the company. Fieldpoint Private Securities LLC bought a new position in Medical Properties Trust in the fourth quarter worth approximately $26,000. AdvisorNet Financial Inc grew its stake in Medical Properties Trust by 80.0% in the fourth quarter. AdvisorNet Financial Inc now owns 1,197 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 532 shares in the last quarter. DB Wealth Management Group LLC bought a new position in Medical Properties Trust in the fourth quarter worth approximately $30,000. Liberty Wealth Management LLC bought a new position in Medical Properties Trust in the fourth quarter worth approximately $32,000. Finally, Key Financial Inc bought a new position in Medical Properties Trust in the fourth quarter worth approximately $35,000. 80.17% of the stock is currently owned by institutional investors.
Several research analysts recently issued reports on MPW shares. Zacks Investment Research cut Medical Properties Trust from a “buy” rating to a “hold” rating in a research note on Thursday. Barclays increased their target price on Medical Properties Trust from $23.00 to $25.00 and gave the company an “overweight” rating in a research report on Monday, February 8th. TheStreet cut Medical Properties Trust from a “b” rating to a “c+” rating in a research report on Thursday, February 4th. Truist cut Medical Properties Trust from a “buy” rating to a “hold” rating and increased their target price for the company from $21.00 to $22.00 in a research report on Friday, January 22nd. Finally, Deutsche Bank Aktiengesellschaft raised Medical Properties Trust from a “hold” rating to a “buy” rating and set a $24.00 target price on the stock in a research report on Tuesday, December 15th. Two analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $22.89.
Shares of Medical Properties Trust stock traded up $0.02 during trading on Thursday, reaching $21.82. The company’s stock had a trading volume of 51,591 shares, compared to its average volume of 4,077,172. The company has a quick ratio of 3.54, a current ratio of 3.54 and a debt-to-equity ratio of 1.14. The company has a market cap of $12.66 billion, a price-to-earnings ratio of 25.06, a P/E/G ratio of 1.39 and a beta of 0.56. Medical Properties Trust, Inc. has a 1-year low of $15.30 and a 1-year high of $22.75. The company has a 50-day simple moving average of $21.55 and a two-hundred day simple moving average of $20.35.
Medical Properties Trust (NYSE:MPW) last posted its quarterly earnings data on Thursday, February 4th. The real estate investment trust reported $0.20 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.41 by ($0.21). The business had revenue of $333.80 million during the quarter, compared to analyst estimates of $332.44 million. Medical Properties Trust had a return on equity of 6.60% and a net margin of 38.50%. The firm’s revenue for the quarter was up 30.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.35 EPS. As a group, analysts anticipate that Medical Properties Trust, Inc. will post 1.57 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Thursday, April 8th. Investors of record on Thursday, March 18th will be paid a $0.28 dividend. This is a positive change from Medical Properties Trust’s previous quarterly dividend of $0.27. The ex-dividend date of this dividend is Wednesday, March 17th. This represents a $1.12 dividend on an annualized basis and a yield of 5.13%. Medical Properties Trust’s dividend payout ratio (DPR) is 86.15%.
In related news, CAO James Kevin Hanna sold 33,000 shares of the firm’s stock in a transaction on Wednesday, March 17th. The stock was sold at an average price of $21.32, for a total value of $703,560.00. Following the completion of the transaction, the chief accounting officer now owns 69,679 shares in the company, valued at approximately $1,485,556.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Edward K. Aldag, Jr. sold 710,000 shares of the firm’s stock in a transaction on Tuesday, March 30th. The stock was sold at an average price of $21.21, for a total value of $15,059,100.00. Following the completion of the transaction, the chief executive officer now owns 3,251,167 shares of the company’s stock, valued at approximately $68,957,252.07. The disclosure for this sale can be found here. Insiders sold a total of 993,000 shares of company stock valued at $21,385,160 in the last 90 days. 1.18% of the stock is currently owned by company insiders.
Medical Properties Trust Company Profile
Medical Properties Trust, Inc is a self-advised real estate investment trust, which engages in the investment, acquisition, and development of net-leased healthcare facilities. Its property portfolio includes rehabilitation hospitals; long-term acute care hospitals; ambulatory surgery centers; hospitals for women and children; regional and community hospitals; medical office buildings; and other single-discipline facilities.
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