Medical Properties Trust, Inc. (MPW) Stake Boosted by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio lifted its stake in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 88.5% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 317,892 shares of the real estate investment trust’s stock after purchasing an additional 149,256 shares during the quarter. Public Employees Retirement System of Ohio owned about 0.09% of Medical Properties Trust worth $4,174,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Vanguard Group Inc. grew its stake in Medical Properties Trust by 6.6% in 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 during the last quarter. Bank of New York Mellon Corp grew its stake in Medical Properties Trust by 9.5% in 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 during the last quarter. Principal Financial Group Inc. grew its stake in Medical Properties Trust by 1.5% in 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 during the last quarter. LSV Asset Management grew its stake in Medical Properties Trust by 11.9% in 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 during the last quarter. Finally, Prudential Financial Inc. grew its stake in Medical Properties Trust by 28.7% in the 3rd quarter. Prudential Financial Inc. now owns 5,562,595 shares of the real estate investment trust’s stock valued at $73,037,000 after acquiring an additional 1,241,797 shares during the last quarter. 81.20% of the stock is currently owned by institutional investors and hedge funds.

MPW has been the topic of a number of research 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 on the stock 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 note on Thursday, November 9th. SunTrust Banks reissued a “buy” rating and issued a $15.00 price objective on shares of Medical Properties Trust in a research note on Friday, November 3rd. JPMorgan Chase & Co. upgraded shares of Medical Properties Trust from an “underweight” rating to a “neutral” rating and set a $14.50 target price on the stock in a report on Friday, December 15th. Finally, KeyCorp restated a “hold” rating on shares of Medical Properties Trust in a report on Sunday, September 17th. Six analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $14.55.

Medical Properties Trust, Inc. (MPW) opened at $13.66 on Thursday. The stock has a market cap of $4,948.88, a PE ratio of 17.97, a price-to-earnings-growth ratio of 1.81 and a beta of 0.96. The company has a quick ratio of 2.55, a current ratio of 2.55 and a debt-to-equity ratio of 1.26. Medical Properties Trust, Inc. has a 1-year low of $11.90 and a 1-year high of $14.22.

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

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 11th. Shareholders of record on Thursday, December 7th will be issued a $0.24 dividend. The ex-dividend date is Wednesday, December 6th. This represents a $0.96 dividend on an annualized basis and a yield of 7.03%. Medical Properties Trust’s dividend payout ratio (DPR) is 126.32%.

ILLEGAL ACTIVITY WARNING: “Medical Properties Trust, Inc. (MPW) Stake Boosted by Public Employees Retirement System of Ohio” was posted by Week Herald and is the sole property of of Week Herald. If you are viewing this news story on another domain, it was copied illegally and reposted in violation of US and international copyright legislation. The original version of this news story can be viewed at https://weekherald.com/2017/12/28/medical-properties-trust-inc-mpw-stake-boosted-by-public-employees-retirement-system-of-ohio.html.

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.

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

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

Leave a Reply