Medical Properties Trust, Inc. (MPW) Shares Bought by UBS Group AG
UBS Group AG raised its holdings in Medical Properties Trust, Inc. (NYSE:MPW) by 5.4% during the first quarter, Holdings Channel reports. The institutional investor owned 875,190 shares of the real estate investment trust’s stock after acquiring an additional 44,833 shares during the period. UBS Group AG’s holdings in Medical Properties Trust were worth $11,377,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Signaturefd LLC acquired a new stake in Medical Properties Trust in the 1st quarter valued at approximately $102,000. Smith Asset Management Group LP grew its holdings in Medical Properties Trust by 93.4% in the 1st quarter. Smith Asset Management Group LP now owns 8,351 shares of the real estate investment trust’s stock valued at $108,000 after buying an additional 4,032 shares during the last quarter. Assetmark Inc. grew its holdings in Medical Properties Trust by 485.0% in the 4th quarter. Assetmark Inc. now owns 9,676 shares of the real estate investment trust’s stock valued at $133,000 after buying an additional 8,022 shares during the last quarter. Campbell & CO Investment Adviser LLC acquired a new stake in Medical Properties Trust in the 1st quarter valued at approximately $149,000. Finally, Bank of Hawaii acquired a new stake in Medical Properties Trust in the 4th quarter valued at approximately $166,000. 78.39% of the stock is currently owned by hedge funds and other institutional investors.
MPW has been the topic of a number of research analyst reports. ValuEngine lowered Medical Properties Trust from a “buy” rating to a “hold” rating in a report on Monday, April 2nd. Deutsche Bank lowered their target price on Medical Properties Trust from $13.50 to $13.00 and set a “hold” rating on the stock in a report on Monday, March 19th. Zacks Investment Research raised Medical Properties Trust from a “sell” rating to a “hold” rating in a report on Wednesday, May 9th. Finally, Wells Fargo & Co raised their target price on Medical Properties Trust from $11.50 to $13.00 and gave the company an “underperform” rating in a report on Thursday, May 31st. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $14.15.
Medical Properties Trust (NYSE:MPW) last announced its quarterly earnings data on Thursday, May 3rd. The real estate investment trust reported $0.25 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.36 by ($0.11). Medical Properties Trust had a return on equity of 8.14% and a net margin of 41.47%. The firm had revenue of $205.05 million for the quarter, compared to analyst estimates of $204.70 million. During the same period in the previous year, the business posted $0.33 EPS. Medical Properties Trust’s revenue for the quarter was up 31.1% compared to the same quarter last year. research analysts expect that Medical Properties Trust, Inc. will post 1.42 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 12th. Stockholders of record on Thursday, June 14th will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 7.11%. The ex-dividend date is Wednesday, June 13th. Medical Properties Trust’s payout ratio is presently 74.07%.
About Medical Properties Trust
Medical Properties Trust, Inc is a self-advised real estate investment trust formed to capitalize on the changing trends in healthcare delivery by acquiring and developing net-leased healthcare facilities. MPT's financing model helps facilitate acquisitions and recapitalizations and allows operators of hospitals and other healthcare facilities to unlock the value of their real estate assets to fund facility improvements, technology upgrades and other investments in operations.
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