Campbell Capital Management Inc. lessened its position in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 1.1% during the 1st quarter, Holdings Channel reports. The institutional investor owned 118,058 shares of the real estate investment trust’s stock after selling 1,332 shares during the quarter. Medical Properties Trust comprises about 1.2% of Campbell Capital Management Inc.’s holdings, making the stock its 24th largest position. Campbell Capital Management Inc.’s holdings in Medical Properties Trust were worth $2,512,000 at the end of the most recent reporting period.
Other hedge funds have also recently added to or reduced their stakes in the company. Fieldpoint Private Securities LLC purchased a new stake in shares of Medical Properties Trust during the 4th quarter valued at approximately $26,000. AdvisorNet Financial Inc raised its position in Medical Properties Trust by 80.0% in the fourth quarter. AdvisorNet Financial Inc now owns 1,197 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 532 shares during the period. DB Wealth Management Group LLC purchased a new stake in Medical Properties Trust in the fourth quarter valued at approximately $30,000. Liberty Wealth Management LLC purchased a new stake in Medical Properties Trust in the fourth quarter valued at approximately $32,000. Finally, Key Financial Inc purchased a new stake in Medical Properties Trust in the fourth quarter valued at approximately $35,000. 80.17% of the stock is currently owned by hedge funds and other institutional investors.
Shares of MPW stock traded up $0.02 on Thursday, reaching $21.82. 51,591 shares of the stock were exchanged, compared to its average volume of 4,077,172. The company has a current ratio of 3.54, a quick ratio of 3.54 and a debt-to-equity ratio of 1.14. The business’s 50 day moving average price is $21.55 and its 200 day moving average price is $20.35. The company has a market capitalization of $12.66 billion, a price-to-earnings ratio of 25.06, a PEG ratio of 1.39 and a beta of 0.56. Medical Properties Trust, Inc. has a twelve month low of $15.30 and a twelve month high of $22.75.
Medical Properties Trust (NYSE:MPW) last issued its earnings results on Thursday, February 4th. The real estate investment trust reported $0.20 EPS for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.21). The firm had revenue of $333.80 million for the quarter, compared to analyst estimates of $332.44 million. Medical Properties Trust had a return on equity of 6.60% and a net margin of 38.50%. The business’s revenue for the quarter was up 30.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.35 EPS. Equities research analysts forecast that Medical Properties Trust, Inc. will post 1.57 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Thursday, April 8th. Investors of record on Thursday, March 18th will be paid a dividend of $0.28 per share. The ex-dividend date of this dividend is Wednesday, March 17th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 5.13%. This is an increase from Medical Properties Trust’s previous quarterly dividend of $0.27. Medical Properties Trust’s payout ratio is presently 86.15%.
In other Medical Properties Trust news, CAO James Kevin Hanna sold 33,000 shares of the company’s stock in a transaction on Wednesday, March 17th. The shares were sold at an average price of $21.32, for a total value of $703,560.00. Following the completion of the transaction, the chief accounting officer now owns 69,679 shares in the company, valued at $1,485,556.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Edward K. Aldag, Jr. sold 710,000 shares of the company’s stock in a transaction on Tuesday, March 30th. The shares were sold at an average price of $21.21, for a total transaction of $15,059,100.00. Following the completion of the transaction, the chief executive officer now owns 3,251,167 shares of the company’s stock, valued at approximately $68,957,252.07. The disclosure for this sale can be found here. In the last quarter, insiders have sold 993,000 shares of company stock valued at $21,385,160. Insiders own 1.18% of the company’s stock.
A number of analysts have issued reports on the company. TheStreet lowered Medical Properties Trust from a “b” rating to a “c+” rating in a research report on Thursday, February 4th. Truist lowered Medical Properties Trust from a “buy” rating to a “hold” rating and boosted their target price for the company from $21.00 to $22.00 in a research report on Friday, January 22nd. Barclays boosted their target price on Medical Properties Trust from $23.00 to $25.00 and gave the company an “overweight” rating in a research report on Monday, February 8th. KeyCorp upped their price objective on Medical Properties Trust from $22.00 to $24.00 and gave the stock an “overweight” rating in a research report on Thursday, January 21st. Finally, Zacks Investment Research lowered Medical Properties Trust from a “buy” rating to a “hold” rating in a research report on Thursday. Two investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $22.89.
About Medical Properties Trust
Medical Properties Trust, Inc is a self-advised real estate investment trust, which 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.
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