New Mexico Educational Retirement Board Takes $1.24 Million Position in Medical Properties Trust, Inc. (MPW)

New Mexico Educational Retirement Board purchased a new stake in shares of Medical Properties Trust, Inc. (NYSE:MPW) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 90,100 shares of the real estate investment trust’s stock, valued at approximately $1,242,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Brown Advisory Inc. increased its position in shares of Medical Properties Trust by 22.0% during the third quarter. Brown Advisory Inc. now owns 49,784 shares of the real estate investment trust’s stock valued at $653,000 after acquiring an additional 8,968 shares during the last quarter. AXA increased its position in shares of Medical Properties Trust by 16.0% during the third quarter. AXA now owns 711,730 shares of the real estate investment trust’s stock valued at $9,345,000 after acquiring an additional 98,112 shares during the last quarter. Virginia Retirement Systems ET AL purchased a new stake in shares of Medical Properties Trust during the third quarter valued at approximately $386,000. Cottage Street Advisors LLC increased its position in shares of Medical Properties Trust by 30.1% during the fourth quarter. Cottage Street Advisors LLC now owns 106,800 shares of the real estate investment trust’s stock valued at $1,471,000 after acquiring an additional 24,700 shares during the last quarter. Finally, Public Employees Retirement System of Ohio increased its position in shares of Medical Properties Trust by 88.5% during the third quarter. Public Employees Retirement System of Ohio now owns 317,892 shares of the real estate investment trust’s stock valued at $4,174,000 after acquiring an additional 149,256 shares during the last quarter. 80.07% of the stock is owned by institutional investors.

In other Medical Properties Trust news, Chairman Edward K. Aldag, Jr. sold 489,971 shares of the stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $12.39, for a total transaction of $6,070,740.69. Following the completion of the transaction, the chairman now directly owns 2,192,629 shares of the company’s stock, valued at $27,166,673.31. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 1.00% of the stock is currently owned by corporate insiders.

Medical Properties Trust, Inc. (NYSE MPW) opened at $12.34 on Thursday. Medical Properties Trust, Inc. has a twelve month low of $11.82 and a twelve month high of $14.22. The firm has a market capitalization of $4,555.30, a price-to-earnings ratio of 15.05, a price-to-earnings-growth ratio of 2.47 and a beta of 0.79. The company has a current ratio of 2.06, a quick ratio of 2.55 and a debt-to-equity ratio of 1.28.

Medical Properties Trust (NYSE:MPW) last announced its quarterly earnings data on Thursday, February 8th. The real estate investment trust reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.02. Medical Properties Trust had a return on equity of 7.85% and a net margin of 41.12%. The business had revenue of $205.00 million during the quarter, compared to analyst estimates of $204.52 million. During the same period in the prior year, the company earned $0.31 earnings per share. Medical Properties Trust’s revenue was up 33.7% compared to the same quarter last year. equities research analysts predict that Medical Properties Trust, Inc. will post 1.44 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 12th. Shareholders of record on Thursday, March 15th will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 8.10%. This is a positive change from Medical Properties Trust’s previous quarterly dividend of $0.24. The ex-dividend date is Wednesday, March 14th. Medical Properties Trust’s dividend payout ratio is 117.07%.

A number of analysts recently commented on MPW shares. ValuEngine raised Medical Properties Trust from a “hold” rating to a “buy” rating in a research report on Thursday, November 9th. SunTrust Banks reaffirmed a “buy” rating and set a $15.00 price target on shares of Medical Properties Trust in a research report on Friday, November 3rd. Zacks Investment Research raised Medical Properties Trust from a “sell” rating to a “hold” rating in a research report on Tuesday, January 16th. Deutsche Bank downgraded Medical Properties Trust from a “buy” rating to a “hold” rating and decreased their price target for the company from $14.00 to $13.50 in a research report on Wednesday, January 10th. Finally, JPMorgan Chase & Co. raised Medical Properties Trust from an “underweight” rating to a “neutral” rating and set a $14.50 price target for the company in a research report on Friday, December 15th. Seven research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $14.33.

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Medical Properties Trust Profile

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.

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

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