Medical Properties Trust, Inc. $MPW Shares Sold by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. decreased its position in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 17.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 543,029 shares of the real estate investment trust’s stock after selling 113,239 shares during the period. Sumitomo Mitsui Trust Group Inc. owned about 0.09% of Medical Properties Trust worth $2,753,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. AssuredPartners Investment Advisors LLC boosted its stake in shares of Medical Properties Trust by 1.4% in the third quarter. AssuredPartners Investment Advisors LLC now owns 180,159 shares of the real estate investment trust’s stock valued at $913,000 after purchasing an additional 2,480 shares during the period. Verus Capital Partners LLC increased its stake in Medical Properties Trust by 25.0% during the 2nd quarter. Verus Capital Partners LLC now owns 12,500 shares of the real estate investment trust’s stock worth $54,000 after buying an additional 2,500 shares during the period. Bank of Montreal Can lifted its holdings in Medical Properties Trust by 1.5% during the 2nd quarter. Bank of Montreal Can now owns 188,994 shares of the real estate investment trust’s stock worth $815,000 after buying an additional 2,780 shares in the last quarter. EverSource Wealth Advisors LLC boosted its position in Medical Properties Trust by 28.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 14,885 shares of the real estate investment trust’s stock valued at $64,000 after buying an additional 3,286 shares during the period. Finally, Focus Partners Wealth boosted its position in Medical Properties Trust by 11.7% in the 1st quarter. Focus Partners Wealth now owns 32,690 shares of the real estate investment trust’s stock valued at $197,000 after buying an additional 3,415 shares during the period. 71.79% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Weiss Ratings restated a “sell (d-)” rating on shares of Medical Properties Trust in a report on Wednesday, October 8th. Wall Street Zen lowered shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a research note on Monday, January 12th. Finally, Wells Fargo & Company lifted their price target on shares of Medical Properties Trust from $4.50 to $5.00 and gave the stock an “underweight” rating in a research note on Tuesday, November 25th. One research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average target price of $6.17.

Medical Properties Trust Trading Up 1.0%

MPW opened at $5.21 on Monday. The company has a debt-to-equity ratio of 2.06, a quick ratio of 2.68 and a current ratio of 2.68. Medical Properties Trust, Inc. has a one year low of $3.93 and a one year high of $6.34. The company has a market cap of $3.13 billion, a P/E ratio of -4.42 and a beta of 1.43. The business’s 50-day simple moving average is $5.24 and its 200-day simple moving average is $4.85.

Medical Properties Trust (NYSE:MPW) last announced its quarterly earnings results on Thursday, October 30th. The real estate investment trust reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.03). The business had revenue of $237.52 million during the quarter, compared to analyst estimates of $244.89 million. Medical Properties Trust had a negative net margin of 75.76% and a negative return on equity of 14.82%. The business’s revenue for the quarter was up 5.2% compared to the same quarter last year. During the same period last year, the company earned $0.16 earnings per share. As a group, equities research analysts expect that Medical Properties Trust, Inc. will post 0.78 EPS for the current fiscal year.

Medical Properties Trust Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, January 8th. Investors of record on Thursday, December 11th were given a $0.09 dividend. This is a positive change from Medical Properties Trust’s previous quarterly dividend of $0.08. The ex-dividend date of this dividend was Thursday, December 11th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 6.9%. Medical Properties Trust’s payout ratio is -30.51%.

About Medical Properties Trust

Medical Properties Trust, Inc is a real estate investment trust (REIT) focused on acquiring, financing, and owning net-leased hospital facilities. Through sale-leaseback transactions, direct acquisitions and recapitalizations, the company provides capital to healthcare operators while maintaining long-term, triple-net lease agreements. Its portfolio encompasses general acute care hospitals, rehabilitation facilities and other healthcare-related real estate assets and is structured to deliver stable, long-duration rental income streams.

Founded in 2003 and based in Birmingham, Alabama, Medical Properties Trust completed its initial public offering in 2004.