California Public Employees Retirement System Boosts Holdings in Medical Properties Trust, Inc. (MPW)

California Public Employees Retirement System raised its position in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 2.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 831,600 shares of the real estate investment trust’s stock after acquiring an additional 21,100 shares during the period. California Public Employees Retirement System owned approximately 0.23% of Medical Properties Trust worth $10,703,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of MPW. IFP Advisors Inc lifted its stake in shares of Medical Properties Trust by 12.1% during the second quarter. IFP Advisors Inc now owns 10,102 shares of the real estate investment trust’s stock worth $130,000 after purchasing an additional 1,093 shares in the last quarter. Blair William & Co. IL acquired a new position in shares of Medical Properties Trust during the second quarter worth about $132,000. Cutter & CO Brokerage Inc. lifted its stake in shares of Medical Properties Trust by 10.3% during the second quarter. Cutter & CO Brokerage Inc. now owns 11,081 shares of the real estate investment trust’s stock worth $143,000 after purchasing an additional 1,031 shares in the last quarter. Public Employees Retirement Association of Colorado acquired a new position in shares of Medical Properties Trust during the second quarter worth about $147,000. Finally, Garrison Bradford & Associates Inc. acquired a new position in shares of Medical Properties Trust during the second quarter worth about $154,000. 83.69% of the stock is owned by hedge funds and other institutional investors.

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Medical Properties Trust, Inc. (MPW) opened at 13.05 on Friday. The firm has a market cap of $4.57 billion, a PE ratio of 15.95 and a beta of 0.88. The company has a 50 day moving average price of $13.04 and a 200 day moving average price of $13.07. Medical Properties Trust, Inc. has a 1-year low of $11.54 and a 1-year high of $15.04.

Medical Properties Trust (NYSE:MPW) last issued its quarterly earnings results on Wednesday, August 9th. The real estate investment trust reported $0.32 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.32. The company had revenue of $166.80 million for the quarter, compared to the consensus estimate of $163.08 million. Medical Properties Trust had a return on equity of 7.54% and a net margin of 42.25%. The firm’s revenue was up 32.1% compared to the same quarter last year. During the same period last year, the business posted $0.32 earnings per share. On average, equities research analysts forecast that Medical Properties Trust, Inc. will post $0.86 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 12th. Stockholders of record on Thursday, September 14th will be given a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 7.36%. The ex-dividend date of this dividend is Wednesday, September 13th. Medical Properties Trust’s dividend payout ratio is currently 115.66%.

A number of research analysts have commented on the company. ValuEngine upgraded Medical Properties Trust from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. KeyCorp restated a “hold” rating on shares of Medical Properties Trust in a research note on Sunday, September 17th. Jefferies Group LLC restated a “buy” rating and set a $15.00 price objective on shares of Medical Properties Trust in a research note on Tuesday, August 29th. Zacks Investment Research cut Medical Properties Trust from a “buy” rating to a “hold” rating in a research note on Wednesday, August 2nd. Finally, Stifel Nicolaus restated a “hold” rating and set a $13.00 price objective on shares of Medical Properties Trust in a research note on Friday, July 28th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and seven have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $14.10.

Medical Properties Trust Company 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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