Southeast Asset Advisors Inc. Has $163,000 Position in Medical Properties Trust, Inc. (MPW)

Southeast Asset Advisors Inc. raised its stake in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 1.9% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 12,608 shares of the real estate investment trust’s stock after buying an additional 230 shares during the period. Southeast Asset Advisors Inc.’s holdings in Medical Properties Trust were worth $163,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the stock. New York State Teachers Retirement System boosted its stake in Medical Properties Trust by 15.9% in the fourth quarter. New York State Teachers Retirement System now owns 398,931 shares of the real estate investment trust’s stock valued at $4,907,000 after buying an additional 54,800 shares in the last quarter. Pacad Investment Ltd. acquired a new stake in Medical Properties Trust during the fourth quarter valued at approximately $646,000. Credit Agricole S A boosted its stake in Medical Properties Trust by 61.1% in the fourth quarter. Credit Agricole S A now owns 221,919 shares of the real estate investment trust’s stock valued at $2,729,000 after buying an additional 84,125 shares in the last quarter. Zebra Capital Management LLC acquired a new stake in Medical Properties Trust during the fourth quarter valued at approximately $361,000. Finally, Asset Management One Co. Ltd. boosted its stake in Medical Properties Trust by 41.3% in the fourth quarter. Asset Management One Co. Ltd. now owns 719,797 shares of the real estate investment trust’s stock valued at $8,892,000 after buying an additional 210,267 shares in the last quarter. Hedge funds and other institutional investors own 79.26% of the company’s stock.

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

Shares of Medical Properties Trust, Inc. (MPW) traded down 0.30% during trading on Tuesday, hitting $13.22. The stock had a trading volume of 2,740,554 shares. The stock’s 50 day moving average is $13.14 and its 200 day moving average is $12.92. Medical Properties Trust, Inc. has a 52 week low of $11.54 and a 52 week high of $15.92. The stock has a market capitalization of $4.24 billion, a price-to-earnings ratio of 15.87 and a beta of 0.92.

Medical Properties Trust (NYSE:MPW) last posted its quarterly earnings data on Thursday, May 4th. The real estate investment trust reported $0.33 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.33. Medical Properties Trust had a return on equity of 7.94% and a net margin of 41.79%. The firm had revenue of $156.40 million for the quarter, compared to the consensus estimate of $156.91 million. During the same quarter in the prior year, the business earned $0.35 EPS. The business’s revenue for the quarter was up 15.9% compared to the same quarter last year. On average, equities research analysts expect that Medical Properties Trust, Inc. will post $0.86 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 14th. Shareholders of record on Thursday, June 15th will be given a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 7.26%. The ex-dividend date is Tuesday, June 13th. Medical Properties Trust’s payout ratio is 114.29%.

COPYRIGHT VIOLATION NOTICE: “Southeast Asset Advisors Inc. Has $163,000 Position in Medical Properties Trust, Inc. (MPW)” was reported by Sports Perspectives and is the sole property of of Sports Perspectives. If you are reading this story on another website, it was illegally stolen and republished in violation of US and international trademark & copyright laws. The correct version of this story can be read at https://sportsperspectives.com/2017/06/20/southeast-asset-advisors-inc-has-163000-position-in-medical-properties-trust-inc-mpw.html.

Several research firms recently commented on MPW. Jefferies Group LLC upgraded Medical Properties Trust from a “hold” rating to a “buy” rating and raised their target price for the company from $13.00 to $15.00 in a research report on Friday, April 7th. BidaskClub upgraded Medical Properties Trust from a “sell” rating to a “hold” rating in a research report on Saturday, June 10th. Deutsche Bank AG lifted their price target on Medical Properties Trust from $13.50 to $15.00 and gave the company a “buy” rating in a research report on Thursday, April 6th. Royal Bank Of Canada reiterated a “buy” rating on shares of Medical Properties Trust in a research report on Monday, May 15th. Finally, ValuEngine cut Medical Properties Trust from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have assigned a buy rating to the company. The company has an average rating of “Hold” and an average target price of $14.22.

In other Medical Properties Trust news, Chairman Edward K. Aldag, Jr. sold 301,845 shares of the company’s stock in a transaction on Tuesday, March 28th. The shares were sold at an average price of $12.74, for a total transaction of $3,845,505.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO R Steven Hamner sold 85,000 shares of the company’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 disclosure for this sale can be found here. 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.

Receive News & Ratings for Medical Properties Trust Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Medical Properties Trust Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply