Strategic Wealth Advisors Group LLC Sells 594 Shares of Medical Properties Trust, Inc. (NYSE:MPW)

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Strategic Wealth Advisors Group LLC trimmed its position in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 2.4% during the 3rd quarter, HoldingsChannel reports. The fund owned 23,826 shares of the real estate investment trust’s stock after selling 594 shares during the quarter. Strategic Wealth Advisors Group LLC’s holdings in Medical Properties Trust were worth $460,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. grew its stake in shares of Medical Properties Trust by 4.4% in the 2nd quarter. Vanguard Group Inc. now owns 59,568,283 shares of the real estate investment trust’s stock valued at $1,038,870,000 after purchasing an additional 2,531,875 shares during the period. Bank of America Corp DE grew its stake in shares of Medical Properties Trust by 33.1% in the 2nd quarter. Bank of America Corp DE now owns 5,779,755 shares of the real estate investment trust’s stock valued at $100,799,000 after purchasing an additional 1,438,268 shares during the period. Panagora Asset Management Inc. grew its stake in shares of Medical Properties Trust by 1,670.8% in the 2nd quarter. Panagora Asset Management Inc. now owns 1,461,703 shares of the real estate investment trust’s stock valued at $25,492,000 after purchasing an additional 1,379,158 shares during the period. Invesco Ltd. grew its stake in shares of Medical Properties Trust by 49.7% in the 2nd quarter. Invesco Ltd. now owns 3,549,049 shares of the real estate investment trust’s stock valued at $61,895,000 after purchasing an additional 1,178,817 shares during the period. Finally, Allianz Asset Management GmbH grew its stake in shares of Medical Properties Trust by 148.2% in the 2nd quarter. Allianz Asset Management GmbH now owns 1,602,106 shares of the real estate investment trust’s stock valued at $27,940,000 after purchasing an additional 956,703 shares during the period. Hedge funds and other institutional investors own 71.66% of the company’s stock.

In other Medical Properties Trust news, CFO R Steven Hamner sold 77,500 shares of the company’s stock in a transaction on Wednesday, September 25th. The stock was sold at an average price of $19.43, for a total transaction 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 transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Emmett E. Mclean sold 100,000 shares of the company’s stock in a transaction on Monday, August 19th. The stock was 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. In the last ninety days, insiders have sold 279,464 shares of company stock worth $5,359,673. Company insiders own 1.18% of the company’s stock.

NYSE MPW traded up $0.53 during trading hours on Friday, reaching $19.95. 16,826,344 shares of the company’s stock were exchanged, compared to its average volume of 4,039,835. The stock has a market cap of $8.56 billion, a PE ratio of 14.56, a price-to-earnings-growth ratio of 3.39 and a beta of 0.52. Medical Properties Trust, Inc. has a one year low of $15.25 and a one year high of $20.92. The firm has a fifty day moving average of $19.84 and a 200-day moving average of $18.53. The company has a current ratio of 6.27, a quick ratio of 8.00 and a debt-to-equity ratio of 1.02.

Medical Properties Trust (NYSE:MPW) last released its quarterly earnings results on Thursday, October 31st. The real estate investment trust reported $0.20 EPS for the quarter, missing the Zacks’ consensus estimate of $0.32 by ($0.12). Medical Properties Trust had a return on equity of 6.36% and a net margin of 41.57%. The business had revenue of $224.70 million for the quarter, compared to the consensus estimate of $221.40 million. During the same quarter last year, the company earned $0.35 earnings per share. The firm’s revenue was up 14.1% on a year-over-year basis. As a group, research analysts forecast that Medical Properties Trust, Inc. will post 1.32 EPS for the current year.

Several equities research analysts have recently weighed in on MPW shares. ValuEngine lowered Medical Properties Trust from a “hold” rating to a “sell” rating in a research note on Tuesday, November 5th. Barclays set a $22.00 price target on Medical Properties Trust and gave the stock a “buy” rating in a research report on Monday, October 21st. SunTrust Banks increased their price target on Medical Properties Trust from $20.00 to $21.00 and gave the stock a “buy” rating in a research report on Tuesday, August 27th. Bank of America assumed coverage on Medical Properties Trust in a research report on Monday, October 14th. They set a “neutral” rating and a $19.50 price target on the stock. Finally, Zacks Investment Research upgraded Medical Properties Trust from a “hold” rating to a “buy” rating and set a $22.00 price target on the stock in a research report on Wednesday, October 16th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and eight have assigned a buy rating to the company. Medical Properties Trust presently has a consensus rating of “Buy” and a consensus price target 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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Want to see what other hedge funds are holding MPW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Medical Properties Trust, Inc. (NYSE:MPW).

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

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