Medical Properties Trust Inc. (NYSE:MPW) was the target of a significant increase in short interest in the month of December. As of December 30th, there was short interest totalling 35,986,241 shares, an increase of 7.4% from the December 15th total of 33,503,811 shares. Currently, 11.4% of the company’s shares are sold short. Based on an average daily volume of 3,303,725 shares, the short-interest ratio is presently 10.9 days.
In other Medical Properties Trust news, VP James Kevin Hanna sold 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, January 4th. The stock was sold at an average price of $12.57, for a total transaction of $125,700.00. Following the sale, the vice president now directly owns 87,343 shares in the company, valued at $1,097,901.51. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 1.44% of the company’s stock.
Hedge funds and other institutional investors have recently modified their holdings of the company. MCF Advisors LLC boosted its position in shares of Medical Properties Trust by 1.5% in the third quarter. MCF Advisors LLC now owns 8,526 shares of the real estate investment trust’s stock valued at $126,000 after buying an additional 129 shares in the last quarter. Daiwa Securities Group Inc. boosted its position in shares of Medical Properties Trust by 1.2% in the second quarter. Daiwa Securities Group Inc. now owns 8,500 shares of the real estate investment trust’s stock valued at $129,000 after buying an additional 100 shares in the last quarter. Integrated Investment Consultants LLC boosted its position in shares of Medical Properties Trust by 1.4% in the third quarter. Integrated Investment Consultants LLC now owns 9,554 shares of the real estate investment trust’s stock valued at $139,000 after buying an additional 130 shares in the last quarter. Oakbrook Investments LLC bought a new position in shares of Medical Properties Trust during the third quarter valued at $148,000. Finally, IFP Advisors Inc boosted its position in shares of Medical Properties Trust by 9.8% in the second quarter. IFP Advisors Inc now owns 9,773 shares of the real estate investment trust’s stock valued at $149,000 after buying an additional 870 shares in the last quarter. Institutional investors and hedge funds own 81.41% of the company’s stock.
A number of equities research analysts have issued reports on MPW shares. Barclays PLC started coverage on Medical Properties Trust in a research report on Tuesday, November 22nd. They set an “equal weight” rating and a $14.00 price objective on the stock. Zacks Investment Research upgraded Medical Properties Trust from a “hold” rating to a “buy” rating and set a $14.00 price target on the stock in a report on Wednesday, January 4th. BTIG Research reiterated a “neutral” rating on shares of Medical Properties Trust in a report on Tuesday, September 27th. Jefferies Group reiterated a “hold” rating and issued a $16.00 price target on shares of Medical Properties Trust in a report on Thursday, November 3rd. Finally, Wells Fargo & Co. downgraded Medical Properties Trust from a “market perform” rating to an “underperform” rating in a report on Tuesday, December 13th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and five have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $14.22.
Medical Properties Trust (NYSE:MPW) opened at 12.56 on Friday. Medical Properties Trust has a 12-month low of $9.78 and a 12-month high of $15.92. The firm’s 50-day moving average price is $12.30 and its 200 day moving average price is $13.91. The stock has a market capitalization of $3.09 billion, a P/E ratio of 12.69 and a beta of 0.81.
Medical Properties Trust (NYSE:MPW) last issued its earnings results on Thursday, November 3rd. The real estate investment trust reported $0.30 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.30. The business had revenue of $126.60 million for the quarter, compared to analysts’ expectations of $124.33 million. Medical Properties Trust had a return on equity of 10.03% and a net margin of 46.26%. The business’s revenue for the quarter was up 10.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.32 EPS. On average, equities analysts anticipate that Medical Properties Trust will post $0.95 EPS for the current year.
The business also recently announced a quarterly dividend, which was paid on Thursday, January 12th. Stockholders of record on Thursday, December 8th were issued a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 7.32%. The ex-dividend date was Tuesday, December 6th. Medical Properties Trust’s dividend payout ratio is currently 93.88%.
About Medical Properties Trust
Medical Properties Trust, Inc is a self-advised real estate investment trust (REIT) focused on investing in and owning net-leased healthcare facilities. It conducts all of its business through MPT Operating Partnership, L.P. It acquires and develops healthcare facilities and leases the facilities to healthcare operating companies under long-term net leases.