Medical Properties Trust, Inc. (NYSE:MPW) Shares Bought by California State Teachers Retirement System

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California State Teachers Retirement System grew its stake in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 13.5% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 705,702 shares of the real estate investment trust’s stock after buying an additional 83,705 shares during the period. California State Teachers Retirement System’s holdings in Medical Properties Trust were worth $13,804,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Van Hulzen Asset Management LLC raised its holdings in shares of Medical Properties Trust by 1.1% in the 3rd quarter. Van Hulzen Asset Management LLC now owns 45,800 shares of the real estate investment trust’s stock worth $896,000 after purchasing an additional 500 shares during the period. Private Ocean LLC acquired a new position in shares of Medical Properties Trust in the 3rd quarter valued at about $50,000. Renaissance Group LLC grew its holdings in shares of Medical Properties Trust by 6.2% during the 3rd quarter. Renaissance Group LLC now owns 11,561 shares of the real estate investment trust’s stock worth $226,000 after purchasing an additional 671 shares during the period. Campbell Capital Management Inc. grew its holdings in shares of Medical Properties Trust by 0.8% during the 3rd quarter. Campbell Capital Management Inc. now owns 85,100 shares of the real estate investment trust’s stock worth $1,665,000 after purchasing an additional 700 shares during the period. Finally, World Asset Management Inc increased its position in Medical Properties Trust by 4.0% during the 2nd quarter. World Asset Management Inc now owns 18,492 shares of the real estate investment trust’s stock worth $323,000 after purchasing an additional 718 shares in the last quarter. Institutional investors and hedge funds own 71.94% of the company’s stock.

Shares of NYSE:MPW opened at $20.56 on Tuesday. The business’s 50-day simple moving average is $20.21 and its 200 day simple moving average is $18.83. The company has a market cap of $10.68 billion, a P/E ratio of 15.01, a PEG ratio of 3.74 and a beta of 0.51. The company has a debt-to-equity ratio of 1.02, a quick ratio of 6.27 and a current ratio of 6.27. Medical Properties Trust, Inc. has a one year low of $15.25 and a one year high of $21.05.

Medical Properties Trust (NYSE:MPW) last released its quarterly earnings results on Thursday, October 31st. The real estate investment trust reported $0.20 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.32 by ($0.12). Medical Properties Trust had a return on equity of 6.36% and a net margin of 41.57%. The company had revenue of $224.70 million during the quarter, compared to analysts’ expectations of $221.40 million. During the same quarter in the prior year, the company earned $0.35 EPS. The firm’s revenue was up 14.1% compared to the same quarter last year. 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 9th. Stockholders of record on Thursday, December 12th will be given a dividend of $0.26 per share. The ex-dividend date is Wednesday, December 11th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 5.06%. Medical Properties Trust’s payout ratio is currently 75.91%.

Several research firms recently commented on MPW. Stifel Nicolaus set a $21.00 price target on shares of Medical Properties Trust and gave the company a “buy” rating in a report on Monday, August 12th. Bank of America initiated coverage on shares of Medical Properties Trust in a research note on Monday, October 14th. They set a “neutral” rating and a $19.50 price objective for the company. JPMorgan Chase & Co. set a $21.00 price objective on shares of Medical Properties Trust and gave the stock a “buy” rating in a research report on Wednesday, September 4th. TheStreet lowered shares of Medical Properties Trust from a “b” rating to a “c+” rating in a research report on Monday, November 25th. Finally, Barclays set a $22.00 target price on shares of Medical Properties Trust and gave the company a “buy” rating in a research note on Monday, October 21st. Five investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $20.18.

In related news, CEO Edward K. Aldag, Jr. sold 101,964 shares of the firm’s stock in a transaction on Thursday, October 10th. The shares were sold at an average price of $19.78, for a total transaction of $2,016,847.92. Following the completion of the sale, the chief executive officer now directly owns 2,058,820 shares of the company’s stock, valued at approximately $40,723,459.60. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Holzgrefe Richard purchased 500,000 shares of the company’s stock in a transaction that occurred on Friday, November 8th. The shares were purchased at an average cost of $0.09 per share, for a total transaction of $44,500.00. Insiders own 1.18% of the company’s stock.

Medical Properties Trust Company Profile

Medical Properties Trust, Inc is a self-advised real estate investment trust formed to capitalize on the changing trends in healthcare delivery by acquiring and developing net-leased healthcare facilities. MPT's financing model helps facilitate acquisitions and recapitalizations and allows operators of hospitals and other healthcare facilities to unlock the value of their real estate assets to fund facility improvements, technology upgrades and other investments in operations.

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

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