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

Teachers Retirement System of The State of Kentucky lifted its position in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 8.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 80,687 shares of the real estate investment trust’s stock after acquiring an additional 6,300 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in Medical Properties Trust were worth $1,619,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. GSI Capital Advisors LLC bought a new stake in Medical Properties Trust in the 3rd quarter worth approximately $5,225,000. Inspire Investing LLC bought a new stake in Medical Properties Trust in the 3rd quarter worth approximately $227,000. Geneos Wealth Management Inc. boosted its stake in shares of Medical Properties Trust by 7.2% during the 3rd quarter. Geneos Wealth Management Inc. now owns 19,588 shares of the real estate investment trust’s stock worth $396,000 after acquiring an additional 1,310 shares during the last quarter. CIBC Asset Management Inc boosted its stake in shares of Medical Properties Trust by 16.3% during the 3rd quarter. CIBC Asset Management Inc now owns 22,526 shares of the real estate investment trust’s stock worth $452,000 after acquiring an additional 3,165 shares during the last quarter. Finally, BlackRock Inc. boosted its stake in shares of Medical Properties Trust by 1.0% during the 3rd quarter. BlackRock Inc. now owns 81,505,304 shares of the real estate investment trust’s stock worth $1,635,813,000 after acquiring an additional 772,580 shares during the last quarter. 80.24% of the stock is owned by institutional investors.

Several brokerages have recently weighed in on MPW. Raymond James lifted their price target on shares of Medical Properties Trust from $25.00 to $26.00 and gave the stock a “strong-buy” rating in a research note on Friday, October 29th. Deutsche Bank Aktiengesellschaft cut shares of Medical Properties Trust from a “buy” rating to a “hold” rating and dropped their price target for the stock from $27.00 to $25.00 in a research note on Monday, January 3rd. Finally, Bank of America upgraded shares of Medical Properties Trust from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $21.50 to $24.00 in a research note on Wednesday, October 27th. Three analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of “Buy” and an average price target of $23.80.

Medical Properties Trust stock opened at $24.13 on Friday. The company’s 50-day moving average price is $22.30 and its 200-day moving average price is $21.15. Medical Properties Trust, Inc. has a twelve month low of $19.39 and a twelve month high of $24.13. The company has a quick ratio of 3.77, a current ratio of 3.77 and a debt-to-equity ratio of 1.27. The company has a market cap of $14.39 billion, a PE ratio of 25.14, a price-to-earnings-growth ratio of 1.58 and a beta of 0.54.

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

The company also recently declared a quarterly dividend, which was paid on Thursday, January 13th. Investors of record on Thursday, December 9th were issued a dividend of $0.28 per share. The ex-dividend date of this dividend was Wednesday, December 8th. This represents a $1.12 annualized dividend and a yield of 4.64%. Medical Properties Trust’s payout ratio is 116.67%.

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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