Trading Report: Today: Global X Management Co. LLC sells partial stakes of Medical Properties Trust Inc. (MPW)

Today: Global X Management Co. LLC sells partial stakes of Medical Properties Trust Inc. (MPW)

Global X Management Co. LLC lowered its stake in Medical Properties Trust Inc. (NYSE:MPW) by 0.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 636,582 shares of the real estate investment trust’s stock after selling 61 shares during the period. Global X Management Co. LLC owned 0.27% of Medical Properties Trust worth $9,402,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the company. FMR LLC raised its position in shares of Medical Properties Trust by 16.6% in the second quarter. FMR LLC now owns 16,906,991 shares of the real estate investment trust’s stock valued at $257,155,000 after buying an additional 2,412,505 shares during the last quarter. BlackRock Institutional Trust Company N.A. raised its position in shares of Medical Properties Trust by 14.9% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 8,814,032 shares of the real estate investment trust’s stock valued at $134,061,000 after buying an additional 1,140,747 shares during the last quarter. State Street Corp raised its position in shares of Medical Properties Trust by 48.8% in the second quarter. State Street Corp now owns 8,652,071 shares of the real estate investment trust’s stock valued at $131,598,000 after buying an additional 2,838,852 shares during the last quarter. Bank of New York Mellon Corp raised its position in shares of Medical Properties Trust by 21.1% in the third quarter. Bank of New York Mellon Corp now owns 3,895,895 shares of the real estate investment trust’s stock valued at $57,542,000 after buying an additional 679,369 shares during the last quarter. Finally, Edge Asset Management Inc. raised its position in shares of Medical Properties Trust by 2.3% in the second quarter. Edge Asset Management Inc. now owns 3,264,448 shares of the real estate investment trust’s stock valued at $49,652,000 after buying an additional 72,054 shares during the last quarter. 81.94% of the stock is currently owned by institutional investors.

Shares of Medical Properties Trust Inc. (NYSE:MPW) traded down 0.930% during midday trading on Monday, reaching $12.255. 1,131,935 shares of the company were exchanged. The company’s 50-day moving average price is $13.33 and its 200 day moving average price is $14.55. Medical Properties Trust Inc. has a 52-week low of $9.61 and a 52-week high of $15.92. The stock has a market capitalization of $3.02 billion, a price-to-earnings ratio of 12.379 and a beta of 0.91.

Medical Properties Trust (NYSE:MPW) last announced its quarterly earnings data on Thursday, November 3rd. The real estate investment trust reported $0.30 EPS for the quarter, hitting the consensus estimate of $0.30. The company earned $126.60 million during the quarter, compared to the consensus estimate of $124.33 million. Medical Properties Trust had a net margin of 46.26% and a return on equity of 10.03%. The company’s quarterly revenue was up 10.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.32 EPS. On average, equities analysts predict that Medical Properties Trust Inc. will post $1.27 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 12th. Stockholders of record on Thursday, December 8th will be given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 7.44%. The ex-dividend date is Tuesday, December 6th. Medical Properties Trust’s dividend payout ratio (DPR) is 93.88%.

Several equities analysts have issued reports on MPW shares. Wells Fargo & Co. reaffirmed a “hold” rating on shares of Medical Properties Trust in a report on Sunday, September 4th. Barclays PLC initiated coverage on Medical Properties Trust in a report on Tuesday, November 22nd. They set an “equal weight” rating and a $14.00 price target on the stock. BTIG Research reissued a “neutral” rating on shares of Medical Properties Trust in a report on Tuesday, September 27th. Jefferies Group reissued a “hold” rating and set a $16.00 price target on shares of Medical Properties Trust in a report on Thursday, November 3rd. Finally, JMP Securities reissued a “hold” rating on shares of Medical Properties Trust in a report on Monday, October 3rd. Eight investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $14.29.

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