Delta Investment Management LLC Invests $2.26 Million in Medical Properties Trust, Inc. (MPW) Stock

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Delta Investment Management LLC bought a new position in shares of Medical Properties Trust, Inc. (NYSE:MPW) during the first quarter, HoldingsChannel reports. The fund bought 122,303 shares of the real estate investment trust’s stock, valued at approximately $2,263,000. Medical Properties Trust comprises 2.0% of Delta Investment Management LLC’s portfolio, making the stock its 27th largest position.

Other institutional investors have also recently bought and sold shares of the company. Raymond James Financial Services Advisors Inc. increased its holdings in shares of Medical Properties Trust by 1.4% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 103,660 shares of the real estate investment trust’s stock worth $1,919,000 after buying an additional 1,465 shares during the last quarter. Blue Sky Asset Management LLC bought a new position in shares of Medical Properties Trust in the 1st quarter worth $305,000. American International Group Inc. increased its holdings in shares of Medical Properties Trust by 2.1% in the 1st quarter. American International Group Inc. now owns 759,773 shares of the real estate investment trust’s stock worth $14,063,000 after buying an additional 15,956 shares during the last quarter. State Treasurer State of Michigan increased its holdings in shares of Medical Properties Trust by 4.4% in the 1st quarter. State Treasurer State of Michigan now owns 135,800 shares of the real estate investment trust’s stock worth $2,514,000 after buying an additional 5,700 shares during the last quarter. Finally, Cetera Advisor Networks LLC increased its holdings in shares of Medical Properties Trust by 6.4% in the 1st quarter. Cetera Advisor Networks LLC now owns 13,399 shares of the real estate investment trust’s stock worth $250,000 after buying an additional 804 shares during the last quarter. 75.75% of the stock is currently owned by institutional investors and hedge funds.

Shares of MPW stock traded up $0.04 on Wednesday, hitting $18.02. 50,078 shares of the company’s stock traded hands, compared to its average volume of 3,035,561. The company has a debt-to-equity ratio of 0.82, a quick ratio of 5.22 and a current ratio of 9.37. Medical Properties Trust, Inc. has a one year low of $12.95 and a one year high of $18.92. The firm has a market cap of $7.13 billion, a P/E ratio of 13.16, a P/E/G ratio of 3.35 and a beta of 0.69.

Medical Properties Trust (NYSE:MPW) last released its earnings results on Thursday, May 2nd. The real estate investment trust reported $0.31 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.32 by ($0.01). Medical Properties Trust had a net margin of 131.84% and a return on equity of 7.98%. The business had revenue of $180.45 million for the quarter, compared to the consensus estimate of $182.00 million. During the same period in the prior year, the business posted $0.36 EPS. Medical Properties Trust’s revenue for the quarter was down 12.0% on a year-over-year basis. As a group, analysts forecast that Medical Properties Trust, Inc. will post 1.34 EPS for the current year.

In related news, CEO Edward K. Aldag, Jr. sold 273,577 shares of the stock in a transaction on Friday, March 22nd. The shares were sold at an average price of $18.72, for a total transaction of $5,121,361.44. Following the transaction, the chief executive officer now owns 2,160,784 shares of the company’s stock, valued at approximately $40,449,876.48. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 1.18% of the stock is currently owned by company insiders.

A number of brokerages have recently commented on MPW. Zacks Investment Research lowered shares of Medical Properties Trust from a “buy” rating to a “hold” rating in a report on Wednesday, April 17th. Jefferies Financial Group raised shares of Medical Properties Trust from a “hold” rating to a “buy” rating and increased their price target for the stock from $18.00 to $23.00 in a report on Wednesday, February 13th. Mitsubishi UFJ Financial Group increased their price target on shares of Medical Properties Trust to $17.00 and gave the stock a “neutral” rating in a report on Monday, February 11th. Finally, Deutsche Bank increased their price target on shares of Medical Properties Trust from $14.00 to $16.00 and gave the stock a “hold” rating in a report on Friday, March 29th. Six investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $17.79.

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About Medical Properties Trust

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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