Northern Trust Corp Boosts Position in Medical Properties Trust, Inc. (MPW)

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Northern Trust Corp increased its holdings in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 0.6% during the 4th quarter, HoldingsChannel reports. The fund owned 4,922,111 shares of the real estate investment trust’s stock after buying an additional 28,187 shares during the period. Northern Trust Corp’s holdings in Medical Properties Trust were worth $79,148,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of MPW. Martingale Asset Management L P purchased a new stake in shares of Medical Properties Trust in the fourth quarter worth $8,244,000. Advisor Group Inc. increased its stake in shares of Medical Properties Trust by 55.3% in the fourth quarter. Advisor Group Inc. now owns 78,933 shares of the real estate investment trust’s stock worth $1,269,000 after purchasing an additional 28,094 shares in the last quarter. Jaffetilchin Investment Partners LLC purchased a new stake in shares of Medical Properties Trust in the fourth quarter worth $505,000. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of Medical Properties Trust by 4.9% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,313,512 shares of the real estate investment trust’s stock worth $21,122,000 after purchasing an additional 61,925 shares in the last quarter. Finally, Texas Permanent School Fund increased its stake in shares of Medical Properties Trust by 4.0% in the fourth quarter. Texas Permanent School Fund now owns 238,813 shares of the real estate investment trust’s stock worth $3,840,000 after purchasing an additional 9,243 shares in the last quarter. 78.60% of the stock is currently owned by institutional investors and hedge funds.

In other Medical Properties Trust news, VP James Kevin Hanna sold 18,000 shares of the stock in a transaction on Monday, February 11th. The shares were sold at an average price of $18.37, for a total transaction of $330,660.00. Following the completion of the transaction, the vice president now owns 76,318 shares in the company, valued at $1,401,961.66. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.83% of the stock is owned by company insiders.

Shares of NYSE:MPW opened at $18.47 on Friday. The company has a debt-to-equity ratio of 0.89, a current ratio of 5.22 and a quick ratio of 5.22. Medical Properties Trust, Inc. has a fifty-two week low of $12.25 and a fifty-two week high of $18.60. The firm has a market cap of $6.84 billion, a P/E ratio of 13.48, a P/E/G ratio of 3.32 and a beta of 0.73.

Medical Properties Trust (NYSE:MPW) last released its quarterly earnings data on Thursday, February 7th. The real estate investment trust reported $0.31 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.31. Medical Properties Trust had a net margin of 129.59% and a return on equity of 8.83%. The business had revenue of $180.60 million during the quarter, compared to analyst estimates of $179.68 million. During the same quarter last year, the business earned $0.37 earnings per share. Medical Properties Trust’s quarterly revenue was down 11.9% compared to the same quarter last year. Research analysts anticipate that Medical Properties Trust, Inc. will post 1.43 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 11th. Shareholders of record on Thursday, March 14th will be given a dividend of $0.25 per share. The ex-dividend date is Wednesday, March 13th. This represents a $1.00 annualized dividend and a yield of 5.41%. Medical Properties Trust’s dividend payout ratio (DPR) is currently 72.99%.

A number of analysts have recently issued reports on the stock. JPMorgan Chase & Co. raised shares of Medical Properties Trust from a “neutral” rating to an “overweight” rating in a research note on Wednesday, December 19th. Jefferies Financial Group raised shares of Medical Properties Trust from a “hold” rating to a “buy” rating and increased their price objective for the stock from $18.00 to $23.00 in a research note on Wednesday, February 13th. Wells Fargo & Co raised shares of Medical Properties Trust from an “underperform” rating to a “market perform” rating and increased their price objective for the stock from $13.50 to $17.50 in a research note on Tuesday, December 11th. Mitsubishi UFJ Financial Group upped their target price on shares of Medical Properties Trust to $17.00 and gave the stock a “neutral” rating in a research report on Monday, February 11th. Finally, SunTrust Banks lowered shares of Medical Properties Trust from a “buy” rating to a “hold” rating in a research report on Tuesday, December 18th. Six investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Medical Properties Trust has a consensus rating of “Hold” and a consensus target price of $16.75.

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About Medical Properties Trust

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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Want to see what other hedge funds are holding MPW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Medical Properties Trust, Inc. (NYSE:MPW).

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

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