1 day Ago By ABMN Staff
Commonwealth Equity Services LLC lifted its stake in Medical Properties Trust, Inc. ( NYSE:MPW – Free Report ) by 4.2% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission.
The fund owned 195,102 shares of the real estate investment trust’s stock after purchasing an additional 7,856 shares during the period. Commonwealth Equity Services LLC’s holdings in Medical Properties Trust were worth $841,000 at the end of the most recent quarter. Several other hedge funds and other institutional investors have also made changes to their positions in MPW.
Norges Bank acquired a new stake in Medical Properties Trust during the 4th quarter worth $25,655,000. HighPoint Advisor Group LLC acquired a new stake in Medical Properties Trust during the 4th quarter worth $62,000. Waterloo Capital L.
P. acquired a new stake in Medical Properties Trust during the 4th quarter worth $86,000. State of Alaska Department of Revenue raised its stake in Medical Properties Trust by 87.
3% during the 1st quarter. State of Alaska Department of Revenue now owns 648,000 shares of the real estate investment trust’s stock worth $3,045,000 after buying an additional 302,000 shares during the period. Finally, Vanguard Group Inc.
raised its stake in shares of Medical Properties Trust by 8.2% in the 1st quarter. Vanguard Group Inc.
now owns 93,058,174 shares of the real estate investment trust’s stock valued at $437,373,000 after purchasing an additional 7,084,981 shares during the period. 71.79% of the stock is currently owned by institutional investors.
Insider Buying and Selling In related news, Director C Reynolds Thompson III sold 20,530 shares of the firm’s stock in a transaction that occurred on Tuesday, August 27th. The shares were sold at an average price of $4.38, for a total value of $89,921.
40. Following the completion of the transaction, the director now directly owns 54,637 shares of the company’s stock, valued at approximately $239,310.06.
The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link . In other news, Director Elizabeth N. Pitman sold 10,025 shares of Medical Properties Trust stock in a transaction on Thursday, August 15th.
The shares were sold at an average price of $4.98, for a total transaction of $49,924.50.
Following the completion of the sale, the director now directly owns 68,653 shares of the company’s stock, valued at approximately $341,891.94. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink .
Also, Director C Reynolds Thompson III sold 20,530 shares of Medical Properties Trust stock in a transaction on Tuesday, August 27th. The stock was sold at an average price of $4.38, for a total transaction of $89,921.
40. Following the sale, the director now directly owns 54,637 shares of the company’s stock, valued at $239,310.06.
The disclosure for this sale can be found here . 1.53% of the stock is owned by insiders.
Wall Street Analysts Forecast Growth View Our Latest Report on MPW Medical Properties Trust Trading Down 4.8 % MPW opened at $5.94 on Thursday.
The company has a debt-to-equity ratio of 1.51, a current ratio of 2.93 and a quick ratio of 2.
93. Medical Properties Trust, Inc. has a fifty-two week low of $2.
92 and a fifty-two week high of $6.55. The firm has a market capitalization of $3.
56 billion, a PE ratio of -2.68, a P/E/G ratio of 0.68 and a beta of 1.
28. The company’s 50-day moving average is $4.88 and its 200 day moving average is $4.
73. Medical Properties Trust ( NYSE:MPW – Get Free Report ) last posted its quarterly earnings data on Thursday, August 8th. The real estate investment trust reported ($0.
54) EPS for the quarter, missing the consensus estimate of $0.21 by ($0.75).
The business had revenue of $266.60 million for the quarter, compared to analysts’ expectations of $259.53 million.
During the same period last year, the business posted $0.48 EPS. The business’s revenue was down 21.
0% on a year-over-year basis. As a group, research analysts predict that Medical Properties Trust, Inc. will post 0.
89 earnings per share for the current fiscal year. Medical Properties Trust Cuts Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 10th. Investors of record on Monday, September 9th will be issued a $0.
08 dividend. This represents a $0.32 annualized dividend and a yield of 5.
39%. The ex-dividend date is Monday, September 9th. Medical Properties Trust’s dividend payout ratio (DPR) is presently -14.
41%. Medical Properties Trust Profile ( Free Report ) Medical Properties Trust, Inc is a self-advised real estate investment trust formed in 2003 to acquire and develop net-leased hospital facilities. From its inception in Birmingham, Alabama, the Company has grown to become one of the world's largest owners of hospital real estate with 441 facilities and approximately 44,000 licensed beds as of September 30, 2023.
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