Boston Partners Sells 1,222 Shares of Medical Properties Trust, Inc. (NYSE:MPW)

Boston Partners lessened its holdings in Medical Properties Trust, Inc. (NYSE:MPW) by 1.3% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 90,526 shares of the real estate investment trust’s stock after selling 1,222 shares during the quarter. Boston Partners’ holdings in Medical Properties Trust were worth $1,771,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also made changes to their positions in the business. State Street Corp grew its position in Medical Properties Trust by 12.2% in the 3rd quarter. State Street Corp now owns 18,621,664 shares of the real estate investment trust’s stock valued at $369,012,000 after acquiring an additional 2,030,387 shares during the last quarter. New Mexico Educational Retirement Board grew its position in Medical Properties Trust by 15.3% in the 3rd quarter. New Mexico Educational Retirement Board now owns 76,000 shares of the real estate investment trust’s stock valued at $1,487,000 after acquiring an additional 10,100 shares during the last quarter. Redpoint Investment Management Pty Ltd grew its position in shares of Medical Properties Trust by 12.3% during the 3rd quarter. Redpoint Investment Management Pty Ltd now owns 44,141 shares of the real estate investment trust’s stock worth $863,000 after buying an additional 4,840 shares in the last quarter. Voya Investment Management LLC grew its position in shares of Medical Properties Trust by 94.2% during the 3rd quarter. Voya Investment Management LLC now owns 134,769 shares of the real estate investment trust’s stock worth $2,636,000 after buying an additional 65,373 shares in the last quarter. Finally, Cetera Investment Advisers grew its position in shares of Medical Properties Trust by 3.1% during the 3rd quarter. Cetera Investment Advisers now owns 30,204 shares of the real estate investment trust’s stock worth $592,000 after buying an additional 908 shares in the last quarter. 71.94% of the stock is currently owned by institutional investors.

In related news, insider Holzgrefe Richard acquired 500,000 shares of the company’s stock in a transaction that occurred on Friday, November 8th. The shares were bought at an average price of $0.09 per share, with a total value of $44,500.00. Also, CFO R Steven Hamner sold 77,500 shares of the firm’s stock in a transaction dated Wednesday, September 25th. The shares were sold at an average price of $19.43, for a total value of $1,505,825.00. Following the sale, the chief financial officer now directly owns 1,235,457 shares in the company, valued at approximately $24,004,929.51. The disclosure for this sale can be found here. 1.18% of the stock is owned by company insiders.

A number of equities analysts have recently issued reports on MPW shares. JPMorgan Chase & Co. set a $21.00 price target on Medical Properties Trust and gave the stock a “buy” rating in a research report on Wednesday, September 4th. Bank of America started coverage on Medical Properties Trust in a research report on Monday, October 14th. They set a “neutral” rating and a $19.50 price target on the stock. Zacks Investment Research downgraded Medical Properties Trust from a “buy” rating to a “hold” rating in a research report on Tuesday. SunTrust Banks increased their price target on Medical Properties Trust from $20.00 to $21.00 and gave the stock a “buy” rating in a research report on Tuesday, August 27th. Finally, Berenberg Bank started coverage on Medical Properties Trust in a research report on Thursday, September 12th. They set a “buy” rating and a $22.00 price target on the stock. Five analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $20.18.

MPW opened at $20.56 on Tuesday. Medical Properties Trust, Inc. has a 12-month low of $15.25 and a 12-month high of $21.05. The company has a current ratio of 6.27, a quick ratio of 6.27 and a debt-to-equity ratio of 1.02. The business’s fifty day simple moving average is $20.21 and its 200-day simple moving average is $18.83. The company has a market capitalization of $10.68 billion, a price-to-earnings ratio of 15.01, a PEG ratio of 3.74 and a beta of 0.51.

Medical Properties Trust (NYSE:MPW) last issued its quarterly earnings data on Thursday, October 31st. The real estate investment trust reported $0.20 earnings per share for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.12). Medical Properties Trust had a net margin of 41.57% and a return on equity of 6.36%. The company had revenue of $224.70 million for the quarter, compared to the consensus estimate of $221.40 million. During the same period in the previous year, the business earned $0.35 EPS. Medical Properties Trust’s revenue for the quarter was up 14.1% compared to the same quarter last year. On average, equities research analysts predict that Medical Properties Trust, Inc. will post 1.33 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 9th. Investors of record on Thursday, December 12th will be given a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 5.06%. The ex-dividend date of this dividend is Wednesday, December 11th. Medical Properties Trust’s payout ratio is currently 75.91%.

Medical Properties Trust 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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