MedEquities Realty Trust Inc. (NYSE:MRT) CEO John W. Mcroberts purchased 18,000 shares of MedEquities Realty Trust stock in a transaction that occurred on Friday, November 17th. The shares were acquired at an average price of $10.74 per share, for a total transaction of $193,320.00. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

MedEquities Realty Trust Inc. (NYSE MRT) traded up $0.10 during mid-day trading on Monday, hitting $10.93. The company’s stock had a trading volume of 195,931 shares, compared to its average volume of 149,862. MedEquities Realty Trust Inc. has a 1 year low of $10.06 and a 1 year high of $13.06. The stock has a market cap of $343.92 and a P/E ratio of 9.85.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 29th. Stockholders of record on Wednesday, November 15th will be given a $0.21 dividend. The ex-dividend date is Tuesday, November 14th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 7.69%. MedEquities Realty Trust’s dividend payout ratio is currently 215.38%.

WARNING: This piece of content was originally published by American Banking News and is the property of of American Banking News. If you are reading this piece of content on another publication, it was illegally stolen and republished in violation of US and international copyright law. The correct version of this piece of content can be viewed at https://www.americanbankingnews.com/2017/11/20/john-w-mcroberts-purchases-18000-shares-of-medequities-realty-trust-inc-mrt-stock.html.

Several institutional investors and hedge funds have recently modified their holdings of MRT. JPMorgan Chase & Co. bought a new stake in shares of MedEquities Realty Trust in the 3rd quarter worth approximately $118,000. UBS Group AG boosted its position in shares of MedEquities Realty Trust by 190.0% in the 1st quarter. UBS Group AG now owns 13,504 shares of the financial services provider’s stock worth $151,000 after purchasing an additional 8,847 shares in the last quarter. Eqis Capital Management Inc. bought a new stake in shares of MedEquities Realty Trust in the 2nd quarter worth approximately $153,000. Raymond James Financial Services Advisors Inc. bought a new stake in shares of MedEquities Realty Trust in the 2nd quarter worth approximately $154,000. Finally, Acadian Asset Management LLC bought a new stake in shares of MedEquities Realty Trust in the 2nd quarter worth approximately $175,000. 96.61% of the stock is currently owned by hedge funds and other institutional investors.

A number of brokerages recently issued reports on MRT. B. Riley restated a “buy” rating on shares of MedEquities Realty Trust in a report on Wednesday, November 1st. Capital One Financial Corporation began coverage on MedEquities Realty Trust in a report on Monday, October 23rd. They set an “equal weight” rating and a $13.00 price target on the stock. KeyCorp set a $13.00 price target on MedEquities Realty Trust and gave the company a “buy” rating in a report on Sunday, October 29th. Cantor Fitzgerald started coverage on MedEquities Realty Trust in a report on Thursday, August 31st. They set an “overweight” rating and a $14.00 target price on the stock. Finally, Zacks Investment Research upgraded MedEquities Realty Trust from a “sell” rating to a “hold” rating and set a $12.00 target price on the stock in a report on Wednesday, November 15th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $12.83.

About MedEquities Realty Trust

MedEquities Realty Trust, Inc is a real estate investment trust (REIT). The Company invests in a diversified mix of healthcare properties and healthcare-related real estate debt investments. The Company invests primarily in real estate across the acute and post-acute spectrum of care. It focuses on investing in various types of healthcare properties, including acute care hospitals; skilled nursing facilities; short-stay surgical and specialty hospitals, which focus on orthopedic, heart and other dedicated surgeries and specialty procedures; dedicated specialty hospitals, such as inpatient rehabilitation facilities, long-term acute care hospitals and facilities providing psychiatric care; physician clinics; diagnostic facilities; outpatient surgery centers, and facilities that support these services, such as medical office buildings.

Receive News & Ratings for MedEquities Realty Trust Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MedEquities Realty Trust Inc. and related companies with MarketBeat.com's FREE daily email newsletter.