Macquarie Group Ltd. decreased its holdings in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 11.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 255,800 shares of the real estate investment trust’s stock after selling 33,700 shares during the period. Macquarie Group Ltd. owned 0.07% of Medical Properties Trust worth $3,359,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. IFP Advisors Inc grew its holdings in shares of Medical Properties Trust by 12.1% during the 2nd quarter. IFP Advisors Inc now owns 10,102 shares of the real estate investment trust’s stock worth $130,000 after acquiring an additional 1,093 shares during the period. Blair William & Co. IL purchased a new position in shares of Medical Properties Trust during the 2nd quarter worth approximately $132,000. Janus Henderson Group PLC purchased a new position in shares of Medical Properties Trust during the 2nd quarter worth approximately $136,000. Cetera Investment Advisers purchased a new position in shares of Medical Properties Trust during the 2nd quarter worth approximately $141,000. Finally, Cutter & CO Brokerage Inc. grew its holdings in shares of Medical Properties Trust by 10.3% during the 2nd quarter. Cutter & CO Brokerage Inc. now owns 11,081 shares of the real estate investment trust’s stock worth $143,000 after acquiring an additional 1,031 shares during the period. 81.35% of the stock is owned by institutional investors and hedge funds.
Medical Properties Trust, Inc. (MPW) traded up $0.11 during trading on Monday, hitting $13.80. The company had a trading volume of 1,866,000 shares, compared to its average volume of 3,141,872. The company has a debt-to-equity ratio of 1.26, a current ratio of 2.55 and a quick ratio of 2.55. The stock has a market cap of $5,025.35, a P/E ratio of 10.70, a P/E/G ratio of 1.84 and a beta of 0.96. Medical Properties Trust, Inc. has a 52 week low of $11.78 and a 52 week high of $14.22.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 11th. Shareholders of record on Thursday, December 7th will be paid a dividend of $0.24 per share. The ex-dividend date of this dividend is Wednesday, December 6th. This represents a $0.96 annualized dividend and a yield of 6.96%. Medical Properties Trust’s dividend payout ratio is 126.32%.
A number of research analysts have weighed in on the company. ValuEngine upgraded Medical Properties Trust from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. KeyCorp reiterated a “hold” rating on shares of Medical Properties Trust in a report on Sunday, September 17th. SunTrust Banks reiterated a “buy” rating and set a $15.00 target price on shares of Medical Properties Trust in a report on Friday, November 3rd. Zacks Investment Research upgraded Medical Properties Trust from a “hold” rating to a “buy” rating and set a $15.00 price target on the stock in a research note on Tuesday, October 24th. Finally, Jefferies Group restated a “buy” rating and issued a $15.00 price target on shares of Medical Properties Trust in a research note on Tuesday, August 29th. Two investment 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 company currently has a consensus rating of “Hold” and an average price target of $14.18.
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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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