First Manhattan Co. reduced its position in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 75.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,800 shares of the real estate investment trust’s stock after selling 30,000 shares during the period. First Manhattan Co.’s holdings in Medical Properties Trust were worth $126,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in MPW. Goldman Sachs Group Inc. increased its stake in shares of Medical Properties Trust by 25.2% in the first quarter. Goldman Sachs Group Inc. now owns 1,653,360 shares of the real estate investment trust’s stock worth $21,311,000 after buying an additional 332,602 shares in the last quarter. Swiss National Bank increased its stake in shares of Medical Properties Trust by 6.2% in the first quarter. Swiss National Bank now owns 527,700 shares of the real estate investment trust’s stock worth $6,802,000 after buying an additional 30,800 shares in the last quarter. Stratos Wealth Partners LTD. increased its stake in shares of Medical Properties Trust by 13.4% in the first quarter. Stratos Wealth Partners LTD. now owns 26,293 shares of the real estate investment trust’s stock worth $339,000 after buying an additional 3,112 shares in the last quarter. HighTower Advisors LLC increased its stake in shares of Medical Properties Trust by 31.6% in the first quarter. HighTower Advisors LLC now owns 42,198 shares of the real estate investment trust’s stock worth $546,000 after buying an additional 10,140 shares in the last quarter. Finally, Teacher Retirement System of Texas increased its stake in shares of Medical Properties Trust by 2.7% in the first quarter. Teacher Retirement System of Texas now owns 25,175 shares of the real estate investment trust’s stock worth $325,000 after buying an additional 665 shares in the last quarter. 78.48% of the stock is currently owned by institutional investors and hedge funds.

Medical Properties Trust, Inc. (MPW) opened at 12.52 on Friday. Medical Properties Trust, Inc. has a 12 month low of $11.54 and a 12 month high of $15.74. The company has a market capitalization of $4.38 billion, a PE ratio of 15.31 and a beta of 0.89. The firm’s 50-day moving average is $12.83 and its 200-day moving average is $13.04.

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 for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.32. Medical Properties Trust had a return on equity of 7.54% and a net margin of 42.25%. The company had revenue of $166.80 million for the quarter, compared to analyst estimates of $163.08 million. During the same quarter in the prior year, the firm posted $0.32 EPS. Medical Properties Trust’s quarterly revenue was up 32.1% compared to the same quarter last year. Equities analysts anticipate that Medical Properties Trust, Inc. will post $0.88 EPS for the current fiscal year.

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

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A number of equities research analysts recently weighed in on MPW shares. Deutsche Bank AG raised their target price on shares of Medical Properties Trust from $13.50 to $15.00 and gave the company a “buy” rating in a research note on Tuesday, July 4th. JMP Securities raised shares of Medical Properties Trust from a “market perform” rating to an “outperform” rating and set a $14.00 target price on the stock in a research note on Monday, July 17th. They noted that the move was a valuation call. ValuEngine downgraded shares of Medical Properties Trust from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Jefferies Group LLC raised shares of Medical Properties Trust from a “hold” rating to a “buy” rating in a research note on Tuesday, July 4th. Finally, Zacks Investment Research raised shares of Medical Properties Trust from a “hold” rating to a “buy” rating and set a $15.00 target price on the stock in a research note on Wednesday, July 19th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $14.20.

In related news, CFO R Steven Hamner sold 85,000 shares of the stock in a transaction on Wednesday, June 14th. The stock was sold at an average price of $13.36, for a total transaction of $1,135,600.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate 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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