SG Americas Securities LLC Grows Stock Position in Medical Properties Trust, Inc. $MPW

by · The Cerbat Gem

SG Americas Securities LLC increased its holdings in Medical Properties Trust, Inc. (NYSE:MPW – Free Report) by 211.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,223,231 shares of the real estate investment trust’s stock after buying an additional 829,945 shares during the quarter. SG Americas Securities LLC’s holdings in Medical Properties Trust were worth $6,202,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in MPW. Wilsey Asset Management Inc. raised its position in Medical Properties Trust by 6.4% in the third quarter. Wilsey Asset Management Inc. now owns 5,240,579 shares of the real estate investment trust’s stock worth $26,570,000 after acquiring an additional 313,011 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Medical Properties Trust by 11.2% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,086,848 shares of the real estate investment trust’s stock worth $24,644,000 after purchasing an additional 410,374 shares in the last quarter. Public Sector Pension Investment Board raised its holdings in Medical Properties Trust by 7.6% in the 2nd quarter. Public Sector Pension Investment Board now owns 2,048,225 shares of the real estate investment trust’s stock worth $8,828,000 after purchasing an additional 144,235 shares during the period. Ameriprise Financial Inc. lifted its position in Medical Properties Trust by 2.0% during the second quarter. Ameriprise Financial Inc. now owns 1,687,351 shares of the real estate investment trust’s stock valued at $7,277,000 after purchasing an additional 33,272 shares in the last quarter. Finally, CANADA LIFE ASSURANCE Co grew its holdings in Medical Properties Trust by 2.8% during the second quarter. CANADA LIFE ASSURANCE Co now owns 1,476,626 shares of the real estate investment trust’s stock valued at $6,354,000 after purchasing an additional 39,748 shares during the period. 71.79% of the stock is currently owned by institutional investors.

Medical Properties Trust Trading Down 0.5%

MPW stock opened at $5.42 on Friday. The company has a debt-to-equity ratio of 2.06, a current ratio of 2.68 and a quick ratio of 2.68. Medical Properties Trust, Inc. has a 1-year low of $3.51 and a 1-year high of $6.34. The business has a 50 day simple moving average of $5.21 and a two-hundred day simple moving average of $4.82. The company has a market capitalization of $3.26 billion, a price-to-earnings ratio of -4.59 and a beta of 1.43.

Medical Properties Trust (NYSE:MPW – Get Free Report) last released its earnings results on Thursday, October 30th. The real estate investment trust reported $0.13 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.03). The company had revenue of $237.52 million during the quarter, compared to analysts’ expectations of $244.89 million. Medical Properties Trust had a negative return on equity of 14.82% and a negative net margin of 75.76%.Medical Properties Trust’s quarterly revenue was up 5.2% compared to the same quarter last year. During the same period last year, the firm posted $0.16 EPS. Research analysts anticipate that Medical Properties Trust, Inc. will post 0.78 EPS for the current fiscal year.

Medical Properties Trust Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 8th. Stockholders of record on Thursday, December 11th were given a dividend of $0.09 per share. The ex-dividend date was Thursday, December 11th. This is a positive change from Medical Properties Trust’s previous quarterly dividend of $0.08. This represents a $0.36 dividend on an annualized basis and a dividend yield of 6.6%. Medical Properties Trust’s dividend payout ratio (DPR) is -30.51%.

Analyst Ratings Changes

A number of research firms have recently weighed in on MPW. Wells Fargo & Company lifted their price objective on Medical Properties Trust from $4.50 to $5.00 and gave the company an “underweight” rating in a research report on Tuesday, November 25th. Weiss Ratings reissued a “sell (d-)” rating on shares of Medical Properties Trust in a research note on Wednesday, October 8th. Finally, Wall Street Zen upgraded shares of Medical Properties Trust from a “sell” rating to a “hold” rating in a research report on Sunday, January 4th. One research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus price target of $6.17.

Get Our Latest Research Report on Medical Properties Trust

About Medical Properties Trust

(Free Report)

Medical Properties Trust, Inc is a real estate investment trust (REIT) focused on acquiring, financing, and owning net-leased hospital facilities. Through sale-leaseback transactions, direct acquisitions and recapitalizations, the company provides capital to healthcare operators while maintaining long-term, triple-net lease agreements. Its portfolio encompasses general acute care hospitals, rehabilitation facilities and other healthcare-related real estate assets and is structured to deliver stable, long-duration rental income streams.

Founded in 2003 and based in Birmingham, Alabama, Medical Properties Trust completed its initial public offering in 2004.

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