Day & Ennis LLC Has $352,000 Stock Position in Medical Properties Trust, Inc. (NYSE:MPW)

Day & Ennis LLC grew its stake in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 33.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 16,530 shares of the real estate investment trust’s stock after purchasing an additional 4,139 shares during the period. Day & Ennis LLC’s holdings in Medical Properties Trust were worth $352,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Marshall Wace LLP bought a new stake in shares of Medical Properties Trust during the first quarter worth about $148,000. Kingsview Wealth Management LLC increased its position in shares of Medical Properties Trust by 19.4% during the third quarter. Kingsview Wealth Management LLC now owns 12,309 shares of the real estate investment trust’s stock worth $217,000 after acquiring an additional 2,004 shares in the last quarter. Brinker Capital Investments LLC bought a new stake in shares of Medical Properties Trust during the third quarter worth about $398,000. Mercer Global Advisors Inc. ADV increased its position in shares of Medical Properties Trust by 2.3% during the third quarter. Mercer Global Advisors Inc. ADV now owns 37,593 shares of the real estate investment trust’s stock worth $663,000 after acquiring an additional 829 shares in the last quarter. Finally, Diversified Trust Co bought a new stake in shares of Medical Properties Trust during the fourth quarter worth about $213,000. Hedge funds and other institutional investors own 80.17% of the company’s stock.

MPW has been the subject of a number of recent analyst reports. KeyCorp upped their price objective on shares of Medical Properties Trust from $22.00 to $24.00 and gave the stock an “overweight” rating in a research report on Thursday, January 21st. Zacks Investment Research downgraded shares of Medical Properties Trust from a “buy” rating to a “hold” rating in a research report on Wednesday, April 21st. TheStreet raised shares of Medical Properties Trust from a “c+” rating to a “b” rating in a research report on Thursday, April 29th. Royal Bank of Canada downgraded shares of Medical Properties Trust from an “outperform” rating to a “sector perform” rating and reduced their price objective for the stock from $24.00 to $23.00 in a research report on Monday. Finally, Barclays increased their target price on shares of Medical Properties Trust from $23.00 to $25.00 and gave the company an “overweight” rating in a research report on Monday, February 8th. Three investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Medical Properties Trust has an average rating of “Buy” and a consensus price target of $22.90.

Shares of MPW stock traded down $0.28 during trading on Tuesday, reaching $21.53. 51,386 shares of the company’s stock traded hands, compared to its average volume of 3,866,438. The company has a market capitalization of $12.58 billion, a P/E ratio of 25.07, a PEG ratio of 1.39 and a beta of 0.56. The company has a current ratio of 3.54, a quick ratio of 3.54 and a debt-to-equity ratio of 1.14. The firm’s 50-day moving average is $21.80 and its 200 day moving average is $20.90. Medical Properties Trust, Inc. has a 1 year low of $15.55 and a 1 year high of $22.82.

Medical Properties Trust (NYSE:MPW) last announced its quarterly earnings results on Thursday, April 29th. The real estate investment trust reported $0.28 EPS for the quarter, missing the Zacks’ consensus estimate of $0.42 by ($0.14). Medical Properties Trust had a net margin of 38.50% and a return on equity of 6.60%. The business had revenue of $362.77 million for the quarter, compared to analysts’ expectations of $347.16 million. During the same quarter in the previous year, the company posted $0.37 earnings per share. The business’s quarterly revenue was up 23.3% compared to the same quarter last year. As a group, sell-side analysts predict that Medical Properties Trust, Inc. will post 1.57 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Thursday, April 8th. Shareholders of record on Thursday, March 18th were paid a $0.28 dividend. The ex-dividend date was Wednesday, March 17th. This is a boost from Medical Properties Trust’s previous quarterly dividend of $0.27. This represents a $1.12 annualized dividend and a yield of 5.20%. Medical Properties Trust’s dividend payout ratio is currently 86.15%.

In related news, CFO R Steven Hamner sold 250,000 shares of the company’s stock in a transaction on Wednesday, February 24th. The shares were sold at an average price of $22.49, for a total value of $5,622,500.00. Following the completion of the transaction, the chief financial officer now directly owns 1,792,688 shares in the company, valued at $40,317,553.12. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Edward K. Aldag, Jr. sold 710,000 shares of the stock in a transaction on Tuesday, March 30th. The shares were sold at an average price of $21.21, for a total value of $15,059,100.00. Following the completion of the transaction, the chief executive officer now directly owns 3,251,167 shares in the company, valued at approximately $68,957,252.07. The disclosure for this sale can be found here. Insiders sold a total of 993,000 shares of company stock worth $21,385,160 over the last quarter. Corporate insiders own 1.18% of the company’s stock.

Medical Properties Trust Company Profile

Medical Properties Trust, Inc is a self-advised real estate investment trust, which engages in the investment, acquisition, and development of net-leased healthcare facilities. Its property portfolio includes rehabilitation hospitals; long-term acute care hospitals; ambulatory surgery centers; hospitals for women and children; regional and community hospitals; medical office buildings; and other single-discipline facilities.

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

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