Wealth Enhancement Advisory Services LLC Purchases 104,254 Shares of Medical Properties Trust, Inc. $MPW

Wealth Enhancement Advisory Services LLC boosted its position in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 40.4% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 361,999 shares of the real estate investment trust’s stock after acquiring an additional 104,254 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Medical Properties Trust were worth $1,962,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of MPW. Sequoia Financial Advisors LLC increased its position in shares of Medical Properties Trust by 76.3% during the third quarter. Sequoia Financial Advisors LLC now owns 21,183 shares of the real estate investment trust’s stock worth $107,000 after purchasing an additional 9,166 shares in the last quarter. Dupree Financial Group LLC purchased a new position in Medical Properties Trust during the 3rd quarter worth $76,000. Evergreen Capital Management LLC increased its position in Medical Properties Trust by 93.6% during the 3rd quarter. Evergreen Capital Management LLC now owns 58,165 shares of the real estate investment trust’s stock valued at $298,000 after buying an additional 28,121 shares in the last quarter. Fulcrum Capital LLC raised its stake in Medical Properties Trust by 15.0% in the third quarter. Fulcrum Capital LLC now owns 34,500 shares of the real estate investment trust’s stock valued at $175,000 after buying an additional 4,500 shares during the last quarter. Finally, Csenge Advisory Group raised its stake in Medical Properties Trust by 48.0% in the third quarter. Csenge Advisory Group now owns 210,167 shares of the real estate investment trust’s stock valued at $1,066,000 after buying an additional 68,200 shares during the last quarter. 71.79% of the stock is owned by hedge funds and other institutional investors.

Medical Properties Trust Stock Performance

MPW opened at $5.03 on Friday. The company has a current ratio of 2.68, a quick ratio of 2.68 and a debt-to-equity ratio of 2.06. Medical Properties Trust, Inc. has a 12-month low of $3.95 and a 12-month high of $6.34. The firm has a 50 day moving average of $5.25 and a two-hundred day moving average of $4.90. The firm has a market capitalization of $3.02 billion, a PE ratio of -4.26 and a beta of 1.43.

Medical Properties Trust (NYSE:MPW) last released its quarterly earnings data on Thursday, October 30th. The real estate investment trust reported $0.13 earnings per share for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.03). Medical Properties Trust had a negative return on equity of 14.82% and a negative net margin of 75.76%.The business had revenue of $237.52 million during the quarter, compared to analyst estimates of $244.89 million. During the same quarter in the previous year, the company earned $0.16 EPS. The firm’s revenue was up 5.2% compared to the same quarter last year. On average, analysts anticipate that Medical Properties Trust, Inc. will post 0.78 EPS for the current year.

Medical Properties Trust Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 8th. Shareholders of record on Thursday, December 11th were given a dividend of $0.09 per share. The ex-dividend date of this dividend was Thursday, December 11th. This represents a $0.36 annualized dividend and a yield of 7.2%. This is an increase from Medical Properties Trust’s previous quarterly dividend of $0.08. Medical Properties Trust’s payout ratio is -30.51%.

Analyst Ratings Changes

MPW has been the topic of several recent analyst reports. Weiss Ratings restated a “sell (d-)” rating on shares of Medical Properties Trust in a report on Thursday, January 22nd. Wells Fargo & Company raised their price target on shares of Medical Properties Trust from $4.50 to $5.00 and gave the stock an “underweight” rating in a report on Tuesday, November 25th. Finally, Wall Street Zen lowered shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a report on Monday, January 12th. One analyst has rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus target price of $6.17.

Medical Properties Trust Profile

Medical Properties Trust, Inc is a real estate investment trust (REIT) focused on acquiring, financing, and owning net-leased hospital facilities. Through sale-leaseback transactions, direct acquisitions and recapitalizations, the company provides capital to healthcare operators while maintaining long-term, triple-net lease agreements. Its portfolio encompasses general acute care hospitals, rehabilitation facilities and other healthcare-related real estate assets and is structured to deliver stable, long-duration rental income streams.

Founded in 2003 and based in Birmingham, Alabama, Medical Properties Trust completed its initial public offering in 2004.