MedEquities Realty Trust Inc (MRT) Shares Bought by Two Sigma Advisers LP

Two Sigma Advisers LP boosted its stake in MedEquities Realty Trust Inc (NYSE:MRT) by 96.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 180,756 shares of the financial services provider’s stock after acquiring an additional 88,796 shares during the quarter. Two Sigma Advisers LP owned 0.57% of MedEquities Realty Trust worth $2,028,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently added to or reduced their stakes in the stock. American Century Companies Inc. grew its stake in MedEquities Realty Trust by 22.3% in the 4th quarter. American Century Companies Inc. now owns 2,111,333 shares of the financial services provider’s stock valued at $23,689,000 after acquiring an additional 385,125 shares during the period. BlackRock Inc. grew its stake in MedEquities Realty Trust by 2.3% in the 4th quarter. BlackRock Inc. now owns 1,424,525 shares of the financial services provider’s stock valued at $15,984,000 after acquiring an additional 32,289 shares during the period. Northpointe Capital LLC grew its stake in MedEquities Realty Trust by 1.6% in the 4th quarter. Northpointe Capital LLC now owns 863,411 shares of the financial services provider’s stock valued at $9,687,000 after acquiring an additional 13,444 shares during the period. Schwab Charles Investment Management Inc. grew its stake in MedEquities Realty Trust by 69.2% in the 4th quarter. Schwab Charles Investment Management Inc. now owns 776,946 shares of the financial services provider’s stock valued at $8,718,000 after acquiring an additional 317,829 shares during the period. Finally, Eagle Boston Investment Management Inc. grew its stake in MedEquities Realty Trust by 4.6% in the 4th quarter. Eagle Boston Investment Management Inc. now owns 732,664 shares of the financial services provider’s stock valued at $8,220,000 after acquiring an additional 32,140 shares during the period. 92.76% of the stock is currently owned by hedge funds and other institutional investors.

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Shares of MRT stock opened at $9.99 on Monday. The firm has a market capitalization of $318.55, a price-to-earnings ratio of 8.76 and a beta of -0.21. MedEquities Realty Trust Inc has a fifty-two week low of $9.67 and a fifty-two week high of $13.06.

MedEquities Realty Trust (NYSE:MRT) last posted its quarterly earnings results on Wednesday, February 21st. The financial services provider reported $0.18 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.13). MedEquities Realty Trust had a return on equity of 5.99% and a net margin of 34.96%. The company had revenue of $16.23 million for the quarter, compared to analysts’ expectations of $16.31 million. During the same quarter in the prior year, the firm earned ($0.06) EPS. The firm’s revenue was up 13.8% on a year-over-year basis. equities research analysts forecast that MedEquities Realty Trust Inc will post 1.21 earnings per share for the current fiscal year.

A number of brokerages have weighed in on MRT. ValuEngine lowered MedEquities Realty Trust from a “buy” rating to a “hold” rating in a report on Monday, April 2nd. Cantor Fitzgerald restated a “buy” rating and issued a $14.00 price objective on shares of MedEquities Realty Trust in a report on Wednesday, February 21st. B. Riley set a $13.00 price objective on MedEquities Realty Trust and gave the company a “buy” rating in a report on Thursday, February 22nd. Citigroup decreased their price objective on MedEquities Realty Trust from $12.00 to $10.00 and set a “neutral” rating on the stock in a report on Thursday, March 1st. Finally, Zacks Investment Research lowered MedEquities Realty Trust from a “buy” rating to a “hold” rating in a report on Wednesday, January 3rd. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $12.50.

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MedEquities Realty Trust Profile

MedEquities Realty Trust, Inc is a real estate investment trust (REIT). The Company invests in a diversified mix of healthcare properties and healthcare-related real estate debt investments. The Company invests primarily in real estate across the acute and post-acute spectrum of care. It focuses on investing in various types of healthcare properties, including acute care hospitals; skilled nursing facilities; short-stay surgical and specialty hospitals, which focus on orthopedic, heart and other dedicated surgeries and specialty procedures; dedicated specialty hospitals, such as inpatient rehabilitation facilities, long-term acute care hospitals and facilities providing psychiatric care; physician clinics; diagnostic facilities; outpatient surgery centers, and facilities that support these services, such as medical office buildings.

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Institutional Ownership by Quarter for MedEquities Realty Trust (NYSE:MRT)

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