Medical Properties Trust, Inc. (MPW) CFO R Steven Hamner Sells 85,000 Shares
Medical Properties Trust, Inc. (NYSE:MPW) CFO R Steven Hamner sold 85,000 shares of the company’s 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 Securities & Exchange Commission, which is available at this link.
Medical Properties Trust, Inc. (MPW) traded down 0.30% during mid-day trading on Friday, hitting $13.20. 4,473,014 shares of the stock traded hands. Medical Properties Trust, Inc. has a 1-year low of $11.54 and a 1-year high of $15.92. The company’s 50 day moving average price is $13.14 and its 200-day moving average price is $12.89. The stock has a market cap of $4.24 billion, a price-to-earnings ratio of 15.85 and a beta of 0.92.
Medical Properties Trust (NYSE:MPW) last released its earnings results on Thursday, May 4th. The real estate investment trust reported $0.33 EPS for the quarter, hitting analysts’ consensus estimates of $0.33. Medical Properties Trust had a net margin of 41.79% and a return on equity of 7.94%. The company had revenue of $156.40 million for the quarter, compared to analysts’ expectations of $156.91 million. During the same quarter last year, the business earned $0.35 EPS. The firm’s revenue was up 15.9% compared to the same quarter last year. Analysts predict that Medical Properties Trust, Inc. will post $0.86 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Friday, July 14th. Shareholders of record on Thursday, June 15th will be paid a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 7.27%. The ex-dividend date of this dividend is Tuesday, June 13th. Medical Properties Trust’s payout ratio is 114.29%.
TRADEMARK VIOLATION NOTICE: This piece of content was published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this piece of content on another site, it was stolen and republished in violation of U.S. and international copyright legislation. The legal version of this piece of content can be viewed at https://www.thecerbatgem.com/2017/06/16/medical-properties-trust-inc-mpw-cfo-r-steven-hamner-sells-85000-shares.html.
A number of large investors have recently added to or reduced their stakes in the company. IFP Advisors Inc raised 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 during the period. Advantage Investment Management LLC bought a new stake in shares of Medical Properties Trust during the fourth quarter worth about $123,000. Cigna Investments Inc. New bought a new stake in shares of Medical Properties Trust during the fourth quarter worth about $136,000. Neuburgh Advisers LLC raised 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 during the period. Finally, Greenwich Wealth Management LLC bought a new stake in shares of Medical Properties Trust during the first quarter worth about $141,000. Institutional investors own 79.28% of the company’s stock.
A number of brokerages have issued reports on MPW. Jefferies Group LLC upgraded shares of Medical Properties Trust from a “hold” rating to a “buy” rating and increased their target price for the stock from $13.00 to $15.00 in a research report on Friday, April 7th. BidaskClub upgraded shares of Medical Properties Trust from a “sell” rating to a “hold” rating in a research report on Saturday, June 10th. Deutsche Bank AG increased their target price on shares of Medical Properties Trust from $13.50 to $15.00 and gave the stock a “buy” rating in a research report on Thursday, April 6th. Barclays PLC reiterated an “equal weight” rating and set a $14.00 price target (up previously from $13.00) on shares of Medical Properties Trust in a research report on Thursday, February 16th. Finally, Royal Bank of Canada reiterated a “buy” rating on shares of Medical Properties Trust in a research report on Monday, May 15th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have given a buy rating to the stock. Medical Properties Trust has a consensus rating of “Hold” and an average price target of $14.22.
Medical Properties Trust Company 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.
Receive News & Stock Ratings for Medical Properties Trust Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Medical Properties Trust Inc. and related stocks with our FREE daily email newsletter.