M&T Bank Corp increased its stake in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 13.4% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 35,075 shares of the real estate investment trust’s stock after purchasing an additional 4,152 shares during the period. M&T Bank Corp’s holdings in Medical Properties Trust were worth $451,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in shares of Medical Properties Trust by 6.6% during the second quarter. Vanguard Group Inc. now owns 57,790,855 shares of the real estate investment trust’s stock valued at $743,768,000 after purchasing an additional 3,561,518 shares during the last quarter. BlackRock Inc. raised its holdings in shares of Medical Properties Trust by 6,731.8% during the first quarter. BlackRock Inc. now owns 40,047,534 shares of the real estate investment trust’s stock valued at $516,212,000 after purchasing an additional 39,461,340 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in shares of Medical Properties Trust by 8.9% during the second quarter. Bank of New York Mellon Corp now owns 13,525,447 shares of the real estate investment trust’s stock valued at $174,072,000 after purchasing an additional 1,109,174 shares during the last quarter. State Street Corp raised its holdings in shares of Medical Properties Trust by 7.1% during the first quarter. State Street Corp now owns 12,202,245 shares of the real estate investment trust’s stock valued at $157,286,000 after purchasing an additional 811,784 shares during the last quarter. Finally, Principal Financial Group Inc. raised its holdings in shares of Medical Properties Trust by 142.8% during the second quarter. Principal Financial Group Inc. now owns 11,859,196 shares of the real estate investment trust’s stock valued at $152,628,000 after purchasing an additional 6,973,902 shares during the last quarter. 83.69% of the stock is owned by hedge funds and other institutional investors.

Several research analysts have recently weighed in on the stock. KeyCorp reissued a “hold” rating on shares of Medical Properties Trust in a report on Sunday, September 17th. Zacks Investment Research cut shares of Medical Properties Trust from a “buy” rating to a “hold” rating in a report on Wednesday, August 2nd. ValuEngine cut shares of Medical Properties Trust from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Jefferies Group LLC reissued a “buy” rating and set a $15.00 price objective on shares of Medical Properties Trust in a report on Tuesday, August 29th. Finally, JMP Securities raised shares of Medical Properties Trust from a “market perform” rating to an “outperform” rating and set a $14.00 price objective for the company in a report on Monday, July 17th. They noted that the move was a valuation call. Two analysts have rated the stock with a sell rating, six have issued a hold rating and seven have issued a buy rating to the company. Medical Properties Trust presently has a consensus rating of “Hold” and an average target price of $14.10.

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Shares of Medical Properties Trust, Inc. (NYSE:MPW) opened at 13.05 on Friday. The company has a market capitalization of $4.57 billion, a price-to-earnings ratio of 15.95 and a beta of 0.88. Medical Properties Trust, Inc. has a 12 month low of $11.54 and a 12 month high of $15.04. The company’s 50-day moving average is $13.04 and its 200 day moving average is $13.07.

Medical Properties Trust (NYSE:MPW) last posted its quarterly earnings results on Wednesday, August 9th. The real estate investment trust reported $0.32 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.32. Medical Properties Trust had a net margin of 42.25% and a return on equity of 7.54%. The company had revenue of $166.80 million during the quarter, compared to analyst estimates of $163.08 million. During the same period last year, the firm posted $0.32 EPS. Medical Properties Trust’s revenue for the quarter was up 32.1% compared to the same quarter last year. On average, equities research analysts anticipate that Medical Properties Trust, Inc. will post $0.86 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 12th. Shareholders of record on Thursday, September 14th will be given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 7.36%. The ex-dividend date is Wednesday, September 13th. Medical Properties Trust’s dividend payout ratio is presently 115.66%.

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.

Institutional Ownership by Quarter for Medical Properties Trust (NYSE:MPW)

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