Wealth Enhancement Advisory Services LLC Purchases 104,254 Shares of Medical Properties Trust, Inc. $MPW

Wealth Enhancement Advisory Services LLC raised its position in Medical Properties Trust, Inc. (NYSE:MPW) by 40.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 361,999 shares of the real estate investment trust’s stock after purchasing an additional 104,254 shares during the quarter. Wealth Enhancement Advisory Services LLC owned 0.06% of Medical Properties Trust worth $1,962,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of MPW. Eastern Bank bought a new stake in shares of Medical Properties Trust during the 3rd quarter worth approximately $28,000. Focus Partners Advisor Solutions LLC bought a new stake in shares of Medical Properties Trust during the second quarter worth $44,000. Brighton Jones LLC purchased a new stake in shares of Medical Properties Trust during the second quarter valued at $44,000. Drive Wealth Management LLC purchased a new stake in shares of Medical Properties Trust during the second quarter valued at $45,000. Finally, Norges Bank bought a new position in shares of Medical Properties Trust in the second quarter worth about $45,000. Hedge funds and other institutional investors own 71.79% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on MPW shares. Wells Fargo & Company boosted their price objective on shares of Medical Properties Trust from $4.50 to $5.00 and gave the company an “underweight” rating in a research report on Tuesday, November 25th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Medical Properties Trust in a research note on Thursday, January 22nd. Finally, Wall Street Zen lowered Medical Properties Trust from a “hold” rating to a “sell” rating in a report on Monday, January 12th. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus price target of $6.17.

Medical Properties Trust Trading Down 0.5%

NYSE:MPW opened at $5.03 on Friday. The firm has a 50-day simple moving average of $5.25 and a 200-day simple moving average of $4.90. Medical Properties Trust, Inc. has a one year low of $3.95 and a one year high of $6.34. The firm has a market cap of $3.02 billion, a P/E ratio of -4.26 and a beta of 1.43. 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 (NYSE:MPW) last issued its quarterly earnings data on Thursday, October 30th. The real estate investment trust reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by ($0.03). The business had revenue of $237.52 million for the quarter, compared to analysts’ expectations 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 quarterly revenue was up 5.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.16 earnings per share. Equities analysts anticipate 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. Shareholders of record on Thursday, December 11th were paid a $0.09 dividend. This represents a $0.36 annualized dividend and a yield of 7.2%. This is a boost from Medical Properties Trust’s previous quarterly dividend of $0.08. The ex-dividend date was Thursday, December 11th. Medical Properties Trust’s payout ratio is presently -30.51%.

Medical Properties Trust Company Profile

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.