Medical Properties Trust, Inc. (MPW) Shares Bought by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D lifted its stake in Medical Properties Trust, Inc. (NYSE:MPW) by 14.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 485,000 shares of the real estate investment trust’s stock after acquiring an additional 60,000 shares during the period. State of New Jersey Common Pension Fund D owned 0.13% of Medical Properties Trust worth $6,368,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of MPW. Principal Financial Group Inc. raised its holdings in shares of Medical Properties Trust by 142.8% in the 2nd quarter. Principal Financial Group Inc. now owns 11,859,196 shares of the real estate investment trust’s stock worth $152,628,000 after purchasing an additional 6,973,902 shares in the last quarter. Prudential Financial Inc. raised its holdings in shares of Medical Properties Trust by 766.7% in the 2nd quarter. Prudential Financial Inc. now owns 4,320,798 shares of the real estate investment trust’s stock worth $55,608,000 after purchasing an additional 3,822,244 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of 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 worth $743,768,000 after purchasing an additional 3,561,518 shares in the last quarter. Systematic Financial Management LP bought a new stake in shares of Medical Properties Trust in the 2nd quarter worth approximately $29,018,000. Finally, Balyasny Asset Management LLC bought a new stake in shares of Medical Properties Trust in the 2nd quarter worth approximately $15,711,000. 84.05% of the stock is owned by institutional investors.

Medical Properties Trust (NYSE:MPW) last released its earnings results on Wednesday, August 9th. The real estate investment trust reported $0.32 earnings per share for the quarter, meeting the consensus estimate of $0.32. Medical Properties Trust had a net margin of 42.25% and a return on equity of 7.54%. The business had revenue of $166.80 million during the quarter, compared to analysts’ expectations of $163.08 million. During the same period last year, the business earned $0.32 earnings per share. The firm’s revenue was up 32.1% on a year-over-year basis.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 12th. Shareholders of record on Thursday, September 14th were given a dividend of $0.24 per share. The ex-dividend date of this dividend was Wednesday, September 13th. This represents a $0.96 dividend on an annualized basis and a yield of 7.26%. Medical Properties Trust’s dividend payout ratio (DPR) is 115.66%.

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A number of analysts recently commented on MPW shares. Zacks Investment Research upgraded shares of Medical Properties Trust from a “hold” rating to a “buy” rating and set a $15.00 target price on the stock in a report on Tuesday, October 24th. JMP Securities upgraded shares of Medical Properties Trust from a “market perform” rating to an “outperform” rating and set a $14.00 price target on the stock in a report on Monday, July 17th. They noted that the move was a valuation call. Jefferies Group LLC restated a “buy” rating and set a $15.00 price target on shares of Medical Properties Trust in a report on Tuesday, August 29th. ValuEngine lowered shares of Medical Properties Trust from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Finally, Stifel Nicolaus restated a “hold” rating and set a $13.00 price target on shares of Medical Properties Trust in a report on Friday, July 28th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and seven have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $14.10.

About Medical Properties Trust

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)

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