Meritage Portfolio Management buys $5,504,757 stake in Medical Properties Trust (MPW)

Medical Properties Trust (MPW) : Meritage Portfolio Management scooped up 29,410 additional shares in Medical Properties Trust during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 21, 2016. The investment management firm now holds a total of 421,175 shares of Medical Properties Trust which is valued at $5,504,757.Medical Properties Trust makes up approximately 0.62% of Meritage Portfolio Management’s portfolio.

Medical Properties Trust opened for trading at $13.42 and hit $13.6 on the upside on Wednesday, eventually ending the session at $13.57, with a gain of 0.89% or 0.12 points. The heightened volatility saw the trading volume jump to 11,14,865 shares. Company has a market cap of $3,228 M.

Other Hedge Funds, Including , Alpha Omega Wealth Management sold out all of its stake in MPW during the most recent quarter. The investment firm sold 3,560 shares of MPW which is valued $46,529. Integrated Investment Consultants added MPW to its portfolio by purchasing 9,424 company shares during the most recent quarter which is valued at $126,376. Medical Properties Trust makes up approx 0.07% of Integrated Investment Consultants’s portfolio.Financial Investment Management Group Ltd boosted its stake in MPW in the latest quarter, The investment management firm added 40,707 additional shares and now holds a total of 727,699 shares of Medical Properties Trust which is valued at $9,758,444. Medical Properties Trust makes up approx 2.58% of Financial Investment Management Group Ltd’s portfolio.Kistler-tiffany Companies boosted its stake in MPW in the latest quarter, The investment management firm added 27 additional shares and now holds a total of 1,392 shares of Medical Properties Trust which is valued at $18,402. Medical Properties Trust makes up approx 0.01% of Kistler-tiffany Companies’s portfolio.

On the company’s financial health, Medical Properties Trust reported $0.35 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Feb 9, 2016. Analyst had a consensus of $0.34. The company had revenue of $131.55 million for the quarter, compared to analysts expectations of $128.47 million. The company’s revenue was up 60.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.28 EPS.

Medical Properties Trust Inc. is a self-advised real estate investment trust (REIT) focused on investing in and owning net-leased healthcare facilities. It conducts all of its business through MPT Operating Partnership L.P. It acquires and develops healthcare facilities and leases the facilities to healthcare operating companies under long-term net leases. It also makes mortgage loans to healthcare operators collateralized by their real estate assets. The Company’s portfolio consists of 202 properties which includes 179 facilities that the Company owns and 14 properties controlled in the form of mortgage loans. The properties are leased/mortgaged to 29 tenants located in 28 states and Germany United Kingdom Italy and Spain. Of the total portfolio 9 facilities are under development. Its facilities consist of 64 general acute care hospitals 69 inpatient rehabilitation hospitals 23 long-term acute care hospitals 43 free standing emergency rooms and 3 medical office buildings.

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