Medical Properties Trust, Inc. (NYSE:MPW) - Analysts at Jefferies Group cut their Q3 2017 earnings per share (EPS) estimates for Medical Properties Trust in a note issued to investors on Monday. Jefferies Group analyst O. Okusanya now expects that the real estate investment trust will post earnings per share of $0.31 for the quarter, down from their prior forecast of $0.32. Jefferies Group currently has a “Buy” rating on the stock.
Other analysts also recently issued reports about the stock. Zacks Investment Research downgraded shares of Medical Properties Trust from a “buy” rating to a “hold” rating in a report on Wednesday, August 2nd. ValuEngine upgraded shares of Medical Properties Trust from a “hold” rating to a “buy” rating in a report on Thursday, August 3rd. BidaskClub upgraded shares of Medical Properties Trust from a “sell” rating to a “hold” rating in a report on Monday, July 24th. Stifel Nicolaus reiterated a “hold” rating and issued a $13.00 target price on shares of Medical Properties Trust in a report on Friday, July 28th. Finally, JMP Securities raised shares of Medical Properties Trust from a “market perform” rating to an “outperform” rating and set a $14.00 target price on the stock in a research report on Monday, July 17th. They noted that the move was a valuation call. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and seven have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $14.20.
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Medical Properties Trust (NYSE MPW) opened at 12.71 on Tuesday. The firm has a market capitalization of $4.45 billion, a P/E ratio of 15.54 and a beta of 0.89. The firm’s 50-day moving average is $12.74 and its 200-day moving average is $13.03. Medical Properties Trust has a 52-week low of $11.54 and a 52-week high of $15.57.
Medical Properties Trust (NYSE:MPW) last announced its quarterly earnings results on Wednesday, August 9th. The real estate investment trust reported $0.32 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.32. Medical Properties Trust had a net margin of 42.25% and a return on equity of 7.54%. The firm had revenue of $166.80 million for the quarter, compared to analyst estimates of $163.08 million. During the same quarter in the previous year, the firm posted $0.32 EPS. The business’s revenue for the quarter was up 32.1% on a year-over-year basis.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 12th. Stockholders of record on Thursday, September 14th will be paid a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 7.55%. The ex-dividend date is Wednesday, September 13th. Medical Properties Trust’s dividend payout ratio is 115.66%.
In other Medical Properties Trust news, CFO R Steven Hamner sold 85,000 shares of the stock in a transaction dated Wednesday, June 14th. The shares were sold at an average price of $13.36, for a total transaction of $1,135,600.00. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 1.00% of the stock is currently owned by corporate insiders.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in MPW. IFP Advisors Inc increased its stake in shares of Medical Properties Trust by 15.1% in the first quarter. IFP Advisors Inc now owns 9,009 shares of the real estate investment trust’s stock worth $116,000 after buying an additional 1,182 shares in the last quarter. Blair William & Co. IL purchased a new stake in shares of Medical Properties Trust during the second quarter worth $132,000. Neuburgh Advisers LLC increased its stake in shares of Medical Properties Trust by 6.2% in the first quarter. Neuburgh Advisers LLC now owns 10,582 shares of the real estate investment trust’s stock worth $136,000 after buying an additional 616 shares in the last quarter. Janus Henderson Group PLC purchased a new stake in shares of Medical Properties Trust during the second quarter worth $136,000. Finally, Greenwich Wealth Management LLC purchased a new stake in shares of Medical Properties Trust during the first quarter worth $141,000. Institutional investors own 82.12% of the company’s stock.
About Medical Properties Trust
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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