Mengis Capital Management Inc. Boosts Stake in Medical Properties Trust, Inc. (MPW)

Mengis Capital Management Inc. raised its stake in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 0.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,759 shares of the real estate investment trust’s stock after buying an additional 10 shares during the period. Mengis Capital Management Inc.’s holdings in Medical Properties Trust were worth $550,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of MPW. Vanguard Group Inc. raised its stake in shares of Medical Properties Trust by 5.3% in the first quarter. Vanguard Group Inc. now owns 54,229,337 shares of the real estate investment trust’s stock valued at $699,015,000 after buying an additional 2,705,148 shares during the last quarter. BlackRock Inc. raised its stake in shares of Medical Properties Trust by 6,731.8% in 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 buying an additional 39,461,340 shares during the last quarter. Massachusetts Financial Services Co. MA raised its stake in shares of Medical Properties Trust by 1.2% in the first quarter. Massachusetts Financial Services Co. MA now owns 18,150,112 shares of the real estate investment trust’s stock valued at $233,956,000 after buying an additional 211,209 shares during the last quarter. Bank of New York Mellon Corp raised its stake in shares of Medical Properties Trust by 79.4% in the first quarter. Bank of New York Mellon Corp now owns 12,416,273 shares of the real estate investment trust’s stock valued at $160,045,000 after buying an additional 5,493,706 shares during the last quarter. Finally, State Street Corp raised its stake in shares of Medical Properties Trust by 7.1% in 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 buying an additional 811,784 shares during the last quarter. 82.12% of the stock is currently owned by institutional investors.

Shares of Medical Properties Trust, Inc. (NYSE MPW) traded down 0.79% during trading on Friday, reaching $12.51. The company had a trading volume of 2,378,049 shares. The firm’s 50 day moving average price is $12.75 and its 200 day moving average price is $13.03. Medical Properties Trust, Inc. has a 12 month low of $11.54 and a 12 month high of $15.74. The firm has a market capitalization of $4.38 billion, a P/E ratio of 15.29 and a beta of 0.89.

Medical Properties Trust (NYSE:MPW) last announced its earnings results on Wednesday, August 9th. The real estate investment trust reported $0.32 EPS for the quarter, meeting analysts’ consensus estimates of $0.32. Medical Properties Trust had a return on equity of 7.54% and a net margin of 42.25%. The firm had revenue of $166.80 million for the quarter, compared to analysts’ expectations of $163.08 million. During the same quarter in the prior year, the firm earned $0.32 EPS. Medical Properties Trust’s quarterly revenue was up 32.1% on a year-over-year basis. Equities analysts predict that Medical Properties Trust, Inc. will post $0.93 EPS 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 paid a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 7.67%. The ex-dividend date of this dividend is Wednesday, September 13th. Medical Properties Trust’s dividend payout ratio is presently 115.66%.

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MPW has been the topic of several research analyst reports. Royal Bank Of Canada reissued a “buy” rating on shares of Medical Properties Trust in a report on Monday, May 15th. Jefferies Group LLC raised Medical Properties Trust from a “hold” rating to a “buy” rating in a report on Tuesday, July 4th. ValuEngine upgraded Medical Properties Trust from a “hold” rating to a “buy” rating in a research report on Thursday, August 3rd. BidaskClub upgraded Medical Properties Trust from a “sell” rating to a “hold” rating in a research report on Monday, July 24th. Finally, Deutsche Bank AG raised their target price on Medical Properties Trust from $13.50 to $15.00 and gave the company a “buy” rating in a research report on Tuesday, July 4th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and seven have given a buy rating to the company. Medical Properties Trust currently has a consensus rating of “Hold” and an average target price of $14.20.

In other Medical Properties Trust news, CFO R Steven Hamner sold 85,000 shares of the stock in a transaction on Wednesday, June 14th. The stock was 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 available at this link. Corporate insiders own 1.00% of the company’s stock.

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.

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

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