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Pensionfund DSM Netherlands lifted its holdings in Medical Properties Trust, Inc. (NYSE:MPW – Get Rating) by 12.2% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 275,000 shares of the real estate investment trust’s stock after purchasing an additional 30,000 shares during the period. Medical Properties Trust comprises 1.5% of Pensionfund DSM Netherlands’ holdings, making the stock its 28th biggest position. Pensionfund DSM Netherlands’ holdings in Medical Properties Trust were worth $2,261,000 as of its most recent SEC filing.
Several other hedge funds have also recently modified their holdings of the business. Louisiana State Employees Retirement System lifted its position in shares of Medical Properties Trust by 0.5% in the 4th quarter. Louisiana State Employees Retirement System now owns 160,100 shares of the real estate investment trust’s stock worth $1,784,000 after purchasing an additional 800 shares during the period. Allworth Financial LP lifted its position in shares of Medical Properties Trust by 69.9% in the 4th quarter. Allworth Financial LP now owns 2,528 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 1,040 shares during the period. Cetera Investment Advisers lifted its position in shares of Medical Properties Trust by 1.4% in the 1st quarter. Cetera Investment Advisers now owns 84,116 shares of the real estate investment trust’s stock worth $1,778,000 after purchasing an additional 1,164 shares during the period. Pacific Sun Financial Corp lifted its position in shares of Medical Properties Trust by 0.8% in the 3rd quarter. Pacific Sun Financial Corp now owns 145,330 shares of the real estate investment trust’s stock worth $1,724,000 after purchasing an additional 1,167 shares during the period. Finally, State of Michigan Retirement System lifted its position in shares of Medical Properties Trust by 0.8% in the 4th quarter. State of Michigan Retirement System now owns 152,200 shares of the real estate investment trust’s stock worth $1,696,000 after purchasing an additional 1,200 shares during the period. Hedge funds and other institutional investors own 80.31% of the company’s stock.
Analyst Ratings Changes
Several research analysts recently commented on MPW shares. KeyCorp reduced their price objective on shares of Medical Properties Trust from $16.00 to $15.00 and set an “overweight” rating for the company in a research note on Tuesday, April 4th. StockNews.com started coverage on shares of Medical Properties Trust in a research note on Thursday, May 18th. They set a “hold” rating for the company. Barclays reduced their price objective on shares of Medical Properties Trust from $14.00 to $12.00 and set an “overweight” rating for the company in a research note on Wednesday, April 5th. Wells Fargo & Company started coverage on shares of Medical Properties Trust in a research note on Wednesday, April 19th. They set an “equal weight” rating and a $9.00 price objective for the company. Finally, Credit Suisse Group reiterated a “neutral” rating and set a $11.00 price objective on shares of Medical Properties Trust in a research note on Tuesday, March 7th. Eight analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Medical Properties Trust presently has an average rating of “Hold” and a consensus price target of $13.23.
Medical Properties Trust Stock Down 0.4 %
MPW stock opened at $9.08 on Friday. The company has a current ratio of 2.15, a quick ratio of 2.15 and a debt-to-equity ratio of 1.24. Medical Properties Trust, Inc. has a twelve month low of $7.10 and a twelve month high of $17.36. The company’s 50 day moving average is $8.35 and its two-hundred day moving average is $10.19. The stock has a market cap of $5.43 billion, a P/E ratio of 18.24, a PEG ratio of 0.58 and a beta of 0.95.
Medical Properties Trust Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, July 13th. Shareholders of record on Thursday, June 15th will be issued a $0.29 dividend. The ex-dividend date is Wednesday, June 14th. This represents a $1.16 dividend on an annualized basis and a yield of 12.78%. Medical Properties Trust’s dividend payout ratio (DPR) is 232.00%.
Medical Properties Trust Company Profile
Medical Properties Trust, Inc is a self-advised real estate investment trust, engages in the investment, acquisition, and development of net-leased healthcare facilities. Its property portfolio includes rehabilitation hospitals, long-term acute care hospitals, ambulatory surgery centers, hospitals for women and children, regional and community hospitals, medical office buildings, and other single-discipline facilities.
Further Reading
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