Emmett E. Mclean Sells 50,000 Shares of Medical Properties Trust, Inc. (MPW) Stock

Medical Properties Trust, Inc. (NYSE:MPW) insider Emmett E. Mclean sold 50,000 shares of the firm’s stock in a transaction dated Tuesday, December 4th. The stock was sold at an average price of $17.40, for a total transaction of $870,000.00. Following the sale, the insider now owns 913,965 shares of the company’s stock, valued at $15,902,991. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Medical Properties Trust stock traded up $0.22 during midday trading on Thursday, hitting $17.49. 3,471,400 shares of the stock were exchanged, compared to its average volume of 2,226,645. Medical Properties Trust, Inc. has a fifty-two week low of $11.82 and a fifty-two week high of $17.52. The stock has a market cap of $6.30 billion, a P/E ratio of 12.96, a PEG ratio of 3.21 and a beta of 0.50. The company has a current ratio of 4.92, a quick ratio of 4.92 and a debt-to-equity ratio of 0.90.

Medical Properties Trust (NYSE:MPW) last announced its quarterly earnings results on Thursday, November 1st. The real estate investment trust reported $0.35 earnings per share for the quarter, beating analysts’ consensus estimates of $0.34 by $0.01. Medical Properties Trust had a net margin of 124.88% and a return on equity of 9.06%. The business had revenue of $197.00 million during the quarter, compared to analysts’ expectations of $192.64 million. During the same period last year, the business earned $0.33 earnings per share. The business’s revenue for the quarter was up 11.6% on a year-over-year basis. As a group, analysts forecast that Medical Properties Trust, Inc. will post 1.37 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 10th. Shareholders of record on Thursday, December 13th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 5.72%. The ex-dividend date of this dividend is Wednesday, December 12th. Medical Properties Trust’s dividend payout ratio is presently 74.07%.

Several institutional investors and hedge funds have recently made changes to their positions in MPW. FMR LLC increased its position in shares of Medical Properties Trust by 96.7% during the third quarter. FMR LLC now owns 3,876,161 shares of the real estate investment trust’s stock valued at $57,793,000 after acquiring an additional 1,905,961 shares during the last quarter. LSV Asset Management increased its position in shares of Medical Properties Trust by 13.9% during the second quarter. LSV Asset Management now owns 10,487,800 shares of the real estate investment trust’s stock valued at $147,248,000 after acquiring an additional 1,280,000 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its position in shares of Medical Properties Trust by 1,361.8% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,251,587 shares of the real estate investment trust’s stock valued at $18,661,000 after acquiring an additional 1,165,970 shares during the last quarter. Renaissance Technologies LLC acquired a new stake in shares of Medical Properties Trust during the third quarter valued at about $12,644,000. Finally, BlackRock Inc. increased its position in shares of Medical Properties Trust by 2.1% during the third quarter. BlackRock Inc. now owns 41,840,443 shares of the real estate investment trust’s stock valued at $623,840,000 after acquiring an additional 846,940 shares during the last quarter. Institutional investors and hedge funds own 76.59% of the company’s stock.

MPW has been the subject of several recent analyst reports. ValuEngine upgraded shares of Medical Properties Trust from a “hold” rating to a “buy” rating in a research report on Saturday, November 10th. Stifel Nicolaus set a $14.00 price objective on shares of Medical Properties Trust and gave the stock a “hold” rating in a research report on Thursday, November 1st. Zacks Investment Research cut shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a research report on Thursday, October 25th. Mitsubishi UFJ Financial Group raised their price objective on shares of Medical Properties Trust to $15.00 and gave the stock a “neutral” rating in a research report on Friday, November 2nd. Finally, JMP Securities set a $16.00 price objective on shares of Medical Properties Trust and gave the stock a “buy” rating in a research report on Monday, October 1st. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $14.19.

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Medical Properties Trust Company Profile

Medical Properties Trust, Inc is a self-advised real estate investment trust formed to capitalize on the changing trends in healthcare delivery by acquiring and developing net-leased healthcare facilities. MPT's financing model helps facilitate acquisitions and recapitalizations and allows operators of hospitals and other healthcare facilities to unlock the value of their real estate assets to fund facility improvements, technology upgrades and other investments in operations.

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