Flinton Capital Management LLC lifted its stake in Medical Properties Trust, Inc. (NYSE:MPW) by 27.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 47,430 shares of the real estate investment trust’s stock after acquiring an additional 10,166 shares during the period. Flinton Capital Management LLC’s holdings in Medical Properties Trust were worth $654,000 at the end of the most recent reporting period.
Several other hedge funds also recently modified their holdings of the stock. Meadow Creek Investment Management LLC raised its stake in shares of Medical Properties Trust by 27.3% in the 4th quarter. Meadow Creek Investment Management LLC now owns 22,320 shares of the real estate investment trust’s stock valued at $308,000 after acquiring an additional 4,784 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. increased its position in Medical Properties Trust by 85.7% in the 4th quarter. Ladenburg Thalmann Financial Services Inc. now owns 576,353 shares of the real estate investment trust’s stock worth $7,942,000 after buying an additional 265,954 shares during the period. Elkfork Partners LLC bought a new position in Medical Properties Trust in the 4th quarter worth approximately $538,000. Raymond James & Associates increased its position in Medical Properties Trust by 63.7% in the 4th quarter. Raymond James & Associates now owns 1,607,527 shares of the real estate investment trust’s stock worth $22,152,000 after buying an additional 625,766 shares during the period. Finally, Earnest Partners LLC increased its position in Medical Properties Trust by 24.8% in the 4th quarter. Earnest Partners LLC now owns 4,109,100 shares of the real estate investment trust’s stock worth $56,623,000 after buying an additional 816,225 shares during the period. 80.89% of the stock is currently owned by institutional investors and hedge funds.
In other news, Chairman Edward K. Aldag, Jr. sold 489,971 shares of Medical Properties Trust stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $12.39, for a total transaction of $6,070,740.69. Following the sale, the chairman now owns 2,192,629 shares of the company’s stock, valued at approximately $27,166,673.31. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.00% of the stock is currently owned by company insiders.
Medical Properties Trust, Inc. (NYSE:MPW) opened at $12.87 on Tuesday. Medical Properties Trust, Inc. has a 1 year low of $11.82 and a 1 year high of $14.22. The company has a market capitalization of $4,700.92, a P/E ratio of 15.70, a price-to-earnings-growth ratio of 2.56 and a beta of 0.82. The company has a quick ratio of 2.06, a current ratio of 2.06 and a debt-to-equity ratio of 1.28.
Medical Properties Trust (NYSE:MPW) last announced its quarterly earnings data on Thursday, February 8th. The real estate investment trust reported $0.37 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.35 by $0.02. Medical Properties Trust had a return on equity of 7.85% and a net margin of 41.12%. The company had revenue of $205.00 million for the quarter, compared to analyst estimates of $204.52 million. During the same quarter last year, the firm earned $0.31 EPS. Medical Properties Trust’s revenue for the quarter was up 33.7% compared to the same quarter last year. equities analysts anticipate that Medical Properties Trust, Inc. will post 1.43 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 12th. Stockholders of record on Thursday, March 15th will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 7.77%. The ex-dividend date of this dividend is Wednesday, March 14th. This is a positive change from Medical Properties Trust’s previous quarterly dividend of $0.24. Medical Properties Trust’s dividend payout ratio (DPR) is presently 121.95%.
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Medical Properties Trust Profile
Medical Properties Trust, Inc is a real estate investment trust (REIT). The Company focuses on investing in and owning net-leased healthcare facilities across the United States and selectively in foreign jurisdictions. The Company’s segment is its investments in healthcare real estate, including mortgage and other loans, as well as any equity investments in its tenants.
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