OLD National Bancorp IN increased its stake in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 23.5% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 41,580 shares of the real estate investment trust’s stock after buying an additional 7,905 shares during the period. OLD National Bancorp IN’s holdings in Medical Properties Trust were worth $535,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Swiss National Bank boosted its position in 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 valued at $6,802,000 after buying an additional 30,800 shares during the period. Envestnet Asset Management Inc. boosted its position in Medical Properties Trust by 3.1% in the fourth quarter. Envestnet Asset Management Inc. now owns 19,565 shares of the real estate investment trust’s stock valued at $241,000 after buying an additional 588 shares during the period. Stratos Wealth Partners LTD. boosted its position in 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 valued at $339,000 after buying an additional 3,112 shares during the period. Teacher Retirement System of Texas boosted its position in 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 valued at $325,000 after buying an additional 665 shares during the period. Finally, Naples Global Advisors LLC boosted its position in Medical Properties Trust by 35.1% in the first quarter. Naples Global Advisors LLC now owns 24,830 shares of the real estate investment trust’s stock valued at $320,000 after buying an additional 6,450 shares during the period. Institutional investors own 78.45% of the company’s stock.

Medical Properties Trust, Inc. (NYSE MPW) opened at 12.68 on Monday. The company’s 50-day moving average is $13.20 and its 200 day moving average is $12.96. Medical Properties Trust, Inc. has a one year low of $11.54 and a one year high of $15.91. The firm has a market cap of $4.07 billion, a PE ratio of 15.22 and a beta of 0.89.

Medical Properties Trust (NYSE:MPW) last announced its quarterly earnings results on Thursday, May 4th. The real estate investment trust reported $0.33 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.33. The business had revenue of $156.40 million during the quarter, compared to analyst estimates of $156.91 million. Medical Properties Trust had a net margin of 41.79% and a return on equity of 7.94%. Medical Properties Trust’s quarterly revenue was up 15.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.35 EPS. Equities analysts anticipate that Medical Properties Trust, Inc. will post $0.86 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, July 14th. Shareholders of record on Thursday, June 15th were paid a dividend of $0.24 per share. The ex-dividend date was Tuesday, June 13th. This represents a $0.96 dividend on an annualized basis and a yield of 7.57%. Medical Properties Trust’s dividend payout ratio (DPR) is presently 114.29%.

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Several research analysts have recently weighed in on MPW shares. Deutsche Bank AG upped their price target on shares of Medical Properties Trust from $13.50 to $15.00 and gave the company a “buy” rating in a report on Tuesday, July 4th. Jefferies Group LLC upgraded shares of Medical Properties Trust from a “hold” rating to a “buy” rating in a report on Tuesday, July 4th. ValuEngine cut shares of Medical Properties Trust from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. BidaskClub upgraded shares of Medical Properties Trust from a “sell” rating to a “hold” rating in a report on Saturday, June 10th. Finally, JMP Securities upgraded shares of Medical Properties Trust from a “market perform” rating to an “outperform” rating and set a $14.00 price target for the company in a report on Monday. They noted that the move was a valuation call. Three analysts have rated the stock with a sell rating, six have issued a hold rating and six have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $14.20.

In other Medical Properties Trust news, CFO R Steven Hamner sold 85,000 shares of the business’s 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.00% of the company’s stock.

About Medical Properties Trust

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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