Medical Properties Trust, Inc. (NYSE:MPW) Shares Purchased by Pacific Sun Financial Corp

Pacific Sun Financial Corp boosted its holdings in Medical Properties Trust, Inc. (NYSE:MPW) by 20.4% in the third quarter, HoldingsChannel.com reports. The firm owned 28,570 shares of the real estate investment trust’s stock after acquiring an additional 4,850 shares during the period. Pacific Sun Financial Corp’s holdings in Medical Properties Trust were worth $559,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Reinhart Partners Inc. raised its stake in shares of Medical Properties Trust by 0.5% during the third quarter. Reinhart Partners Inc. now owns 194,302 shares of the real estate investment trust’s stock valued at $3,801,000 after purchasing an additional 910 shares in the last quarter. Private Ocean LLC acquired a new position in Medical Properties Trust during the third quarter worth about $50,000. Eagle Asset Management Inc. grew its holdings in Medical Properties Trust by 677.5% during the third quarter. Eagle Asset Management Inc. now owns 152,355 shares of the real estate investment trust’s stock worth $2,980,000 after acquiring an additional 132,760 shares during the period. First Trust Advisors LP grew its holdings in Medical Properties Trust by 46.3% during the third quarter. First Trust Advisors LP now owns 1,592,323 shares of the real estate investment trust’s stock worth $31,146,000 after acquiring an additional 503,716 shares during the period. Finally, Daiwa Securities Group Inc. grew its holdings in Medical Properties Trust by 10,348.1% during the third quarter. Daiwa Securities Group Inc. now owns 7,042,004 shares of the real estate investment trust’s stock worth $137,742,000 after acquiring an additional 6,974,604 shares during the period. 71.66% of the stock is owned by hedge funds and other institutional investors.

MPW traded up $0.53 during trading on Friday, reaching $19.95. The company had a trading volume of 16,826,344 shares, compared to its average volume of 4,039,835. The firm’s 50-day simple moving average is $19.84 and its 200 day simple moving average is $18.53. The company has a market cap of $8.56 billion, a price-to-earnings ratio of 14.56, a PEG ratio of 3.39 and a beta of 0.52. Medical Properties Trust, Inc. has a 12-month low of $15.25 and a 12-month high of $20.92. The company has a debt-to-equity ratio of 1.02, a quick ratio of 8.00 and a current ratio of 6.27.

Medical Properties Trust (NYSE:MPW) last issued its quarterly earnings results on Thursday, October 31st. The real estate investment trust reported $0.20 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.32 by ($0.12). The company had revenue of $224.70 million during the quarter, compared to analysts’ expectations of $221.40 million. Medical Properties Trust had a return on equity of 6.36% and a net margin of 41.57%. The company’s revenue for the quarter was up 14.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.35 EPS. On average, sell-side analysts expect that Medical Properties Trust, Inc. will post 1.32 EPS for the current year.

In related news, CFO R Steven Hamner sold 77,500 shares of Medical Properties Trust stock in a transaction dated Wednesday, September 25th. The stock was sold at an average price of $19.43, for a total value of $1,505,825.00. Following the transaction, the chief financial officer now owns 1,235,457 shares of the company’s stock, valued at approximately $24,004,929.51. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Emmett E. Mclean sold 100,000 shares of Medical Properties Trust stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $18.37, for a total value of $1,837,000.00. Following the transaction, the insider now directly owns 1,066,337 shares in the company, valued at approximately $19,588,610.69. The disclosure for this sale can be found here. Insiders sold a total of 279,464 shares of company stock worth $5,359,673 in the last three months. 1.18% of the stock is currently owned by company insiders.

MPW has been the topic of a number of research analyst reports. JPMorgan Chase & Co. set a $21.00 target price on Medical Properties Trust and gave the stock a “buy” rating in a report on Wednesday, September 4th. Barclays set a $22.00 target price on Medical Properties Trust and gave the stock a “buy” rating in a report on Monday, October 21st. SunTrust Banks lifted their target price on Medical Properties Trust from $20.00 to $21.00 and gave the stock a “buy” rating in a report on Tuesday, August 27th. Stifel Nicolaus set a $21.00 target price on Medical Properties Trust and gave the stock a “buy” rating in a report on Monday, August 12th. Finally, Berenberg Bank initiated coverage on Medical Properties Trust in a report on Thursday, September 12th. They set a “buy” rating and a $22.00 target price on the stock. One investment analyst has rated the stock with a sell rating, three have given a hold rating and eight have assigned a buy rating to the company’s stock. Medical Properties Trust currently has a consensus rating of “Buy” and a consensus target price of $20.18.

Medical Properties Trust Company Profile

Medical Properties Trust, Inc is a self-advised real estate investment trust formed to capitalize on the changing trends in healthcare delivery by acquiring and developing net-leased healthcare facilities. MPT's financing model helps facilitate acquisitions and recapitalizations and allows operators of hospitals and other healthcare facilities to unlock the value of their real estate assets to fund facility improvements, technology upgrades and other investments in operations.

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

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