Teachers Retirement System of The State of Kentucky Buys 6,300 Shares of Medical Properties Trust, Inc. (NYSE:MPW)

Teachers Retirement System of The State of Kentucky grew its holdings in Medical Properties Trust, Inc. (NYSE:MPW) by 8.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 80,687 shares of the real estate investment trust’s stock after acquiring an additional 6,300 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in Medical Properties Trust were worth $1,619,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the business. Shufro Rose & Co. LLC lifted its position in shares of Medical Properties Trust by 1.5% in the third quarter. Shufro Rose & Co. LLC now owns 33,500 shares of the real estate investment trust’s stock valued at $672,000 after buying an additional 500 shares during the last quarter. Veriti Management LLC increased its stake in Medical Properties Trust by 4.2% during the 3rd quarter. Veriti Management LLC now owns 12,610 shares of the real estate investment trust’s stock worth $253,000 after acquiring an additional 512 shares during the period. Vident Investment Advisory LLC increased its stake in shares of Medical Properties Trust by 2.5% in the 2nd quarter. Vident Investment Advisory LLC now owns 22,212 shares of the real estate investment trust’s stock valued at $446,000 after purchasing an additional 542 shares during the last quarter. IFM Investors Pty Ltd increased its stake in shares of Medical Properties Trust by 0.8% in the 3rd quarter. IFM Investors Pty Ltd now owns 70,578 shares of the real estate investment trust’s stock valued at $1,417,000 after purchasing an additional 549 shares during the last quarter. Finally, Penserra Capital Management LLC increased its stake in shares of Medical Properties Trust by 42.1% in the 2nd quarter. Penserra Capital Management LLC now owns 1,876 shares of the real estate investment trust’s stock valued at $37,000 after purchasing an additional 556 shares during the last quarter. Institutional investors own 80.24% of the company’s stock.

Shares of MPW opened at $24.13 on Friday. The company has a debt-to-equity ratio of 1.27, a quick ratio of 3.77 and a current ratio of 3.77. The stock has a 50 day moving average price of $22.30 and a two-hundred day moving average price of $21.15. The firm has a market capitalization of $14.39 billion, a P/E ratio of 25.14, a P/E/G ratio of 1.58 and a beta of 0.54. Medical Properties Trust, Inc. has a 52 week low of $19.39 and a 52 week high of $24.13.

Medical Properties Trust (NYSE:MPW) last issued its quarterly earnings data on Thursday, October 28th. The real estate investment trust reported $0.29 EPS for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.15). The company had revenue of $390.78 million for the quarter, compared to the consensus estimate of $387.24 million. Medical Properties Trust had a return on equity of 6.90% and a net margin of 38.08%. The business’s revenue for the quarter was up 18.6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.41 earnings per share. On average, equities analysts forecast that Medical Properties Trust, Inc. will post 1.75 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 13th. Stockholders of record on Thursday, December 9th were paid a $0.28 dividend. The ex-dividend date of this dividend was Wednesday, December 8th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 4.64%. Medical Properties Trust’s payout ratio is presently 116.67%.

Several equities research analysts recently weighed in on the company. Bank of America raised Medical Properties Trust from a “neutral” rating to a “buy” rating and raised their price objective for the company from $21.50 to $24.00 in a report on Wednesday, October 27th. Raymond James raised their price objective on Medical Properties Trust from $25.00 to $26.00 and gave the company a “strong-buy” rating in a report on Friday, October 29th. Finally, Deutsche Bank Aktiengesellschaft downgraded Medical Properties Trust from a “buy” rating to a “hold” rating and cut their target price for the stock from $27.00 to $25.00 in a report on Monday, January 3rd. Three analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $23.80.

Medical Properties Trust Company Profile

Medical Properties Trust, Inc is a self-advised real estate investment trust, which engages in the investment, acquisition, and development of net-leased healthcare facilities. Its property portfolio includes rehabilitation hospitals; long-term acute care hospitals; ambulatory surgery centers; hospitals for women and children; regional and community hospitals; medical office buildings; and other single-discipline facilities.

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

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