Medical Properties Trust (MPW) : Lvm Capital Management Ltdmi reduced its stake in Medical Properties Trust by 8.45% during the most recent quarter end. The investment management company now holds a total of 661,900 shares of Medical Properties Trust which is valued at $9,273,219 after selling 61,120 shares in Medical Properties Trust , the firm said in a disclosure report filed with the SEC on Oct 3, 2016.Medical Properties Trust makes up approximately 2.93% of Lvm Capital Management Ltdmi’s portfolio.
Medical Properties Trust closed down -0.1 points or -0.69% at $14.47 with 58,73,694 shares getting traded on Tuesday. Post opening the session at $14.6, the shares hit an intraday low of $14.2724 and an intraday high of $14.6 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.
On the company’s financial health, Medical Properties Trust reported $0.32 EPS for the quarter, based on the information available during the earnings call on Aug 4, 2016. Analyst had a consensus estimate of $0.32. The company had revenue of $126.30 million for the quarter, compared to analysts expectations of $128.08 million. The company’s revenue was up 26.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.30 EPS.
Many Wall Street Analysts have commented on Medical Properties Trust. Deutsche Bank Initiated Medical Properties Trust on Jul 22, 2016 to “Buy”, Price Target of the shares are set at $17.
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. It also makes mortgage loans to healthcare operators collateralized by their real estate assets. The Company’s portfolio consists of 202 properties which includes 179 facilities that the Company owns and 14 properties controlled in the form of mortgage loans. The properties are leased/mortgaged to 29 tenants located in 28 states and Germany United Kingdom Italy and Spain. Of the total portfolio 9 facilities are under development. Its facilities consist of 64 general acute care hospitals 69 inpatient rehabilitation hospitals 23 long-term acute care hospitals 43 free standing emergency rooms and 3 medical office buildings.