JMP Securities upgraded shares of Medical Properties Trust, Inc. (NYSE:MPW) from a market perform rating to an outperform rating in a research report report published on Monday, MarketBeat.com reports. They currently have $14.00 price objective on the real estate investment trust’s stock. The analysts noted that the move was a valuation call.

MPW has been the subject of several other research reports. Deutsche Bank AG increased their price target on shares of Medical Properties Trust from $13.50 to $15.00 and gave the company a buy rating in a research report on Tuesday, July 4th. Jefferies Group LLC raised shares of Medical Properties Trust from a hold rating to a buy rating in a research report on Tuesday, July 4th. ValuEngine cut shares of Medical Properties Trust from a buy rating to a hold rating in a research report on Friday, June 2nd. BidaskClub raised shares of Medical Properties Trust from a sell rating to a hold rating in a research report on Saturday, June 10th. Finally, Royal Bank Of Canada reaffirmed a buy rating on shares of Medical Properties Trust in a research report on Monday, May 15th. Three investment analysts have rated the stock with a sell rating, five have issued a hold rating and seven have assigned a buy rating to the company. The company presently has an average rating of Hold and an average price target of $14.30.

Medical Properties Trust (NYSE:MPW) opened at 13.03 on Monday. The company has a 50-day moving average of $13.03 and a 200 day moving average of $13.02. Medical Properties Trust has a 12-month low of $11.54 and a 12-month high of $15.92. The firm has a market cap of $4.18 billion, a price-to-earnings ratio of 15.64 and a beta of 0.89.

Medical Properties Trust (NYSE:MPW) last announced its quarterly earnings results on Thursday, May 4th. The real estate investment trust reported $0.33 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.33. The business had revenue of $156.40 million during the quarter, compared to analysts’ expectations of $156.91 million. Medical Properties Trust had a net margin of 41.79% and a return on equity of 7.94%. The firm’s revenue for the quarter was up 15.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.35 EPS. Equities analysts expect that Medical Properties Trust will post $0.87 EPS for the current fiscal year.

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The business also recently announced a quarterly dividend, which was paid on Friday, July 14th. Stockholders of record on Thursday, June 15th were given a $0.24 dividend. The ex-dividend date of this dividend was Tuesday, June 13th. This represents a $0.96 annualized dividend and a dividend yield of 7.37%. Medical Properties Trust’s dividend payout ratio is 114.29%.

In related news, CFO R Steven Hamner sold 85,000 shares of Medical Properties Trust 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 legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 1.00% of the company’s stock.

A number of hedge funds and other institutional investors have recently modified their holdings of MPW. State Treasurer State of Michigan boosted its position in shares of Medical Properties Trust by 15.0% in the second quarter. State Treasurer State of Michigan now owns 150,000 shares of the real estate investment trust’s stock worth $1,931,000 after buying an additional 19,600 shares during the period. Aperio Group LLC boosted its position in shares of Medical Properties Trust by 22.1% in the second quarter. Aperio Group LLC now owns 139,344 shares of the real estate investment trust’s stock worth $1,793,000 after buying an additional 25,208 shares during the period. Louisiana State Employees Retirement System boosted its position in shares of Medical Properties Trust by 17.3% in the second quarter. Louisiana State Employees Retirement System now owns 95,000 shares of the real estate investment trust’s stock worth $1,223,000 after buying an additional 14,000 shares during the period. Nisa Investment Advisors LLC boosted its position in shares of Medical Properties Trust by 4.0% in the second quarter. Nisa Investment Advisors LLC now owns 81,130 shares of the real estate investment trust’s stock worth $1,045,000 after buying an additional 3,090 shares during the period. Finally, LS Investment Advisors LLC boosted its position in shares of Medical Properties Trust by 36.1% in the second quarter. LS Investment Advisors LLC now owns 29,133 shares of the real estate investment trust’s stock worth $375,000 after buying an additional 7,729 shares during the period. 78.45% of the stock is owned by institutional investors.

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.

Analyst Recommendations for Medical Properties Trust (NYSE:MPW)

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