Connable Office Inc. continued to hold its stake in shares of Medical Properties Trust, Inc. (NYSE:MPW) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,434 shares of the real estate investment trust’s stock at the end of the second quarter. Connable Office Inc.’s holdings in Medical Properties Trust were worth $199,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in MPW. Vanguard Group Inc. raised its stake in shares of Medical Properties Trust by 5.3% in the first quarter. Vanguard Group Inc. now owns 54,229,337 shares of the real estate investment trust’s stock worth $699,015,000 after buying an additional 2,705,148 shares during the last quarter. BlackRock Inc. raised its stake in shares of Medical Properties Trust by 6,731.8% in the first quarter. BlackRock Inc. now owns 40,047,534 shares of the real estate investment trust’s stock worth $516,212,000 after buying an additional 39,461,340 shares during the last quarter. Massachusetts Financial Services Co. MA raised its stake in shares of Medical Properties Trust by 1.2% in the first quarter. Massachusetts Financial Services Co. MA now owns 18,150,112 shares of the real estate investment trust’s stock worth $233,956,000 after buying an additional 211,209 shares during the last quarter. Bank of New York Mellon Corp raised its stake in shares of Medical Properties Trust by 79.4% in the first quarter. Bank of New York Mellon Corp now owns 12,416,273 shares of the real estate investment trust’s stock worth $160,045,000 after buying an additional 5,493,706 shares during the last quarter. Finally, State Street Corp raised its stake in shares of Medical Properties Trust by 7.1% in the first quarter. State Street Corp now owns 12,202,245 shares of the real estate investment trust’s stock worth $157,286,000 after buying an additional 811,784 shares during the last quarter. 78.48% of the stock is currently owned by institutional investors.

Shares of Medical Properties Trust, Inc. (NYSE MPW) opened at 12.52 on Friday. The stock’s 50 day moving average price is $12.83 and its 200-day moving average price is $13.04. The stock has a market cap of $4.38 billion, a price-to-earnings ratio of 15.31 and a beta of 0.89. Medical Properties Trust, Inc. has a 52-week low of $11.54 and a 52-week high of $15.74.

Medical Properties Trust (NYSE:MPW) last released its quarterly earnings results on Wednesday, August 9th. The real estate investment trust reported $0.32 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.32. Medical Properties Trust had a net margin of 42.25% and a return on equity of 7.54%. The firm had revenue of $166.80 million for the quarter, compared to the consensus estimate of $163.08 million. During the same quarter in the previous year, the firm posted $0.32 EPS. The firm’s quarterly revenue was up 32.1% on a year-over-year basis. On average, analysts predict that Medical Properties Trust, Inc. will post $0.88 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, July 14th. Investors of record on Thursday, June 15th were paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 7.67%. The ex-dividend date of this dividend was Tuesday, June 13th. Medical Properties Trust’s dividend payout ratio (DPR) is 115.66%.

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A number of analysts have issued reports on MPW shares. Royal Bank Of Canada reissued a “buy” rating on shares of Medical Properties Trust in a research report on Monday, May 15th. Jefferies Group LLC raised Medical Properties Trust from a “hold” rating to a “buy” rating in a research report on Tuesday, July 4th. ValuEngine raised Medical Properties Trust from a “hold” rating to a “buy” rating in a research report on Thursday, August 3rd. BidaskClub raised Medical Properties Trust from a “sell” rating to a “hold” rating in a research report on Monday, July 24th. Finally, Deutsche Bank AG boosted their target price on Medical Properties Trust from $13.50 to $15.00 and gave the company a “buy” rating in a research report on Tuesday, July 4th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and seven have issued a buy rating to the company. Medical Properties Trust has a consensus rating of “Hold” and a consensus price target of $14.20.

In related news, CFO R Steven Hamner sold 85,000 shares of Medical Properties Trust stock in a transaction on Wednesday, June 14th. The shares were sold at an average price of $13.36, for a total transaction of $1,135,600.00. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 1.00% of the company’s stock.

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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Institutional Ownership by Quarter for Medical Properties Trust (NYSE:MPW)

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