Medical Properties Trust (MPW) : Girard Securities reduced its stake in Medical Properties Trust by 2.35% during the most recent quarter end. The investment management company now holds a total of 33,817 shares of Medical Properties Trust which is valued at $521,458 after selling 815 shares in Medical Properties Trust , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.Medical Properties Trust makes up approximately 0.46% of Girard Securities’s portfolio.
Other Hedge Funds, Including , D. E. Shaw reduced its stake in MPW by selling 550 shares or 2.49% in the most recent quarter. The Hedge Fund company now holds 21,543 shares of MPW which is valued at $332,193.Keeley Asset Management Corp boosted its stake in MPW in the latest quarter, The investment management firm added 191 additional shares and now holds a total of 73,658 shares of Medical Properties Trust which is valued at $1,135,806. Medical Properties Trust makes up approx 0.04% of Keeley Asset Management Corp’s portfolio.Stratos Wealth Partners Ltd. boosted its stake in MPW in the latest quarter, The investment management firm added 4,500 additional shares and now holds a total of 27,932 shares of Medical Properties Trust which is valued at $430,711. Medical Properties Trust makes up approx 0.03% of Stratos Wealth Partners Ltd.’s portfolio. Sunbelt Securities added MPW to its portfolio by purchasing 2,000 company shares during the most recent quarter which is valued at $30,840. Medical Properties Trust makes up approx 0.03% of Sunbelt Securities’s portfolio. Bessemer Group Inc sold out all of its stake in MPW during the most recent quarter. The investment firm sold 240 shares of MPW which is valued $3,701.
Medical Properties Trust opened for trading at $15.38 and hit $15.57 on the upside on Wednesday, eventually ending the session at $15.46, with a gain of 0.59% or 0.09 points. The heightened volatility saw the trading volume jump to 4,391,458 shares. Company has a market cap of $3,759 M.
On the company’s financial health, Medical Properties Trust reported $0.32 EPS for the quarter, based on the information available during the earnings call on Aug 4, 2016. Analyst had a consensus estimate of $0.32. The company had revenue of $126.30 million for the quarter, compared to analysts expectations of $128.08 million. The company’s revenue was up 26.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.30 EPS.
Investors should note that on Aug 18, 2016, Medical Properties Trust announced a cash dividend of $0.2300. The company’s management has announced Sep 13, 2016 as the ex-dividend date and fixed the record date on Sep 15, 2016. The payable date has been fixed on Oct 13, 2016.
Many Wall Street Analysts have commented on Medical Properties Trust. Deutsche Bank Initiated Medical Properties Trust on Jul 22, 2016 to “Buy”, Price Target of the shares are set at $17.Medical Properties Trust was Downgraded by JMP Securities to ” Mkt Perform” on Jul 1, 2016. Medical Properties Trust was Initiated by SunTrust to “Buy” on May 24, 2016.
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.