Prudential Financial Inc. Raises Stake in Medical Properties Trust, Inc. (NYSE:MPW)

Prudential Financial Inc. boosted its holdings in Medical Properties Trust, Inc. (NYSE:MPW) by 28.7% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 5,562,595 shares of the real estate investment trust’s stock after buying an additional 1,241,797 shares during the quarter. Prudential Financial Inc. owned 1.53% of Medical Properties Trust worth $73,037,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of MPW. Vanguard Group Inc. grew its holdings in shares of Medical Properties Trust by 6.6% during the 2nd quarter. Vanguard Group Inc. now owns 57,790,855 shares of the real estate investment trust’s stock valued at $743,768,000 after acquiring an additional 3,561,518 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Medical Properties Trust by 9.5% during the 3rd quarter. Bank of New York Mellon Corp now owns 14,803,927 shares of the real estate investment trust’s stock valued at $194,375,000 after acquiring an additional 1,278,480 shares in the last quarter. Principal Financial Group Inc. grew its holdings in shares of Medical Properties Trust by 1.5% during the 3rd quarter. Principal Financial Group Inc. now owns 12,037,765 shares of the real estate investment trust’s stock valued at $158,057,000 after acquiring an additional 178,569 shares in the last quarter. LSV Asset Management grew its holdings in shares of Medical Properties Trust by 11.9% during the 2nd quarter. LSV Asset Management now owns 5,666,676 shares of the real estate investment trust’s stock valued at $72,930,000 after acquiring an additional 601,200 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Medical Properties Trust by 3.9% during the 3rd quarter. Dimensional Fund Advisors LP now owns 4,997,762 shares of the real estate investment trust’s stock valued at $65,619,000 after acquiring an additional 187,314 shares in the last quarter. Hedge funds and other institutional investors own 81.20% of the company’s stock.

MPW has been the subject of several analyst reports. Zacks Investment Research raised shares of Medical Properties Trust from a “hold” rating to a “buy” rating and set a $15.00 price objective for the company in a research note on Tuesday, October 24th. ValuEngine raised shares of Medical Properties Trust from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. SunTrust Banks reaffirmed a “buy” rating and set a $15.00 price objective on shares of Medical Properties Trust in a research report on Friday, November 3rd. KeyCorp reaffirmed a “hold” rating on shares of Medical Properties Trust in a research report on Sunday, September 17th. Finally, Deutsche Bank lowered shares of Medical Properties Trust from a “buy” rating to a “hold” rating and cut their price objective for the company from $14.00 to $13.50 in a research report on Wednesday. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and five have assigned a buy rating to the stock. Medical Properties Trust presently has an average rating of “Hold” and an average target price of $14.30.

Medical Properties Trust, Inc. (NYSE:MPW) opened at $12.82 on Friday. Medical Properties Trust, Inc. has a 12-month low of $11.90 and a 12-month high of $14.22. The stock has a market cap of $4,670.00, a P/E ratio of 16.87, a PEG ratio of 1.64 and a beta of 0.96. The company has a debt-to-equity ratio of 1.26, a quick ratio of 2.55 and a current ratio of 2.55.

Medical Properties Trust (NYSE:MPW) last announced its quarterly earnings data on Thursday, November 2nd. The real estate investment trust reported $0.33 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.32 by $0.01. Medical Properties Trust had a net margin of 39.95% and a return on equity of 7.36%. The business had revenue of $176.60 million for the quarter, compared to analyst estimates of $172.57 million. During the same period in the prior year, the business posted $0.30 earnings per share. Medical Properties Trust’s revenue was up 39.5% compared to the same quarter last year. research analysts anticipate that Medical Properties Trust, Inc. will post 1.33 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 11th. Investors of record on Thursday, December 7th were issued a $0.24 dividend. The ex-dividend date of this dividend was Wednesday, December 6th. This represents a $0.96 annualized dividend and a yield of 7.49%. Medical Properties Trust’s dividend payout ratio is currently 126.32%.

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About Medical Properties Trust

Medical Properties Trust, Inc is a real estate investment trust (REIT). The Company focuses on investing in and owning net-leased healthcare facilities across the United States and selectively in foreign jurisdictions. The Company’s segment is its investments in healthcare real estate, including mortgage and other loans, as well as any equity investments in its tenants.

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

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