TIAA CREF Investment Management LLC trimmed its position in Medical Properties Trust, Inc. (NYSE:MPW) by 36.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 627,181 shares of the real estate investment trust’s stock after selling 364,037 shares during the period. TIAA CREF Investment Management LLC owned approximately 0.17% of Medical Properties Trust worth $9,351,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in MPW. Prudential Financial Inc. increased its stake in Medical Properties Trust by 68.9% during the 3rd quarter. Prudential Financial Inc. now owns 1,201,066 shares of the real estate investment trust’s stock worth $17,907,000 after purchasing an additional 490,040 shares in the last quarter. Bank of New York Mellon Corp grew its stake in shares of Medical Properties Trust by 10.2% during the 2nd quarter. Bank of New York Mellon Corp now owns 9,096,460 shares of the real estate investment trust’s stock worth $127,715,000 after acquiring an additional 840,443 shares in the last quarter. Advisors Asset Management Inc. grew its stake in shares of Medical Properties Trust by 50.7% during the 3rd quarter. Advisors Asset Management Inc. now owns 37,979 shares of the real estate investment trust’s stock worth $566,000 after acquiring an additional 12,785 shares in the last quarter. First Republic Investment Management Inc. bought a new position in shares of Medical Properties Trust during the 2nd quarter worth approximately $1,093,000. Finally, Federated Investors Inc. PA grew its stake in shares of Medical Properties Trust by 24.9% during the 2nd quarter. Federated Investors Inc. PA now owns 149,519 shares of the real estate investment trust’s stock worth $2,099,000 after acquiring an additional 29,802 shares in the last quarter. Institutional investors and hedge funds own 76.52% of the company’s stock.

Several equities analysts have recently weighed in on the stock. JMP Securities set a $16.00 price target on shares of Medical Properties Trust and gave the stock a “buy” rating in a research note on Monday, October 1st. 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. Wells Fargo & Co raised shares of Medical Properties Trust from an “underperform” rating to a “market perform” rating and raised their price target for the stock from $13.50 to $17.50 in a research note on Tuesday, December 11th. SunTrust Banks cut shares of Medical Properties Trust from a “buy” rating to a “hold” rating in a research note on Tuesday, December 18th. Finally, Mitsubishi UFJ Financial Group raised their price target on shares of Medical Properties Trust to $15.00 and gave the stock a “neutral” rating in a research note on Friday, November 2nd. Seven investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Medical Properties Trust currently has an average rating of “Hold” and an average target price of $15.08.

Shares of MPW opened at $16.60 on Monday. The company has a market cap of $6.11 billion, a PE ratio of 12.30, a price-to-earnings-growth ratio of 5.81 and a beta of 0.56. Medical Properties Trust, Inc. has a twelve month low of $11.82 and a twelve month high of $17.52. The company has a debt-to-equity ratio of 0.90, a current ratio of 4.92 and a quick ratio of 4.92.

Medical Properties Trust (NYSE:MPW) last released its quarterly earnings data on Thursday, November 1st. The real estate investment trust reported $0.35 EPS for the quarter, beating the consensus estimate of $0.34 by $0.01. The company had revenue of $197.00 million during the quarter, compared to the consensus estimate of $192.64 million. Medical Properties Trust had a return on equity of 9.06% and a net margin of 124.88%. The firm’s revenue for the quarter was up 11.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.33 EPS. As a group, sell-side analysts expect that Medical Properties Trust, Inc. will post 1.37 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 10th. Stockholders of record on Thursday, December 13th were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 6.02%. The ex-dividend date was Wednesday, December 12th. Medical Properties Trust’s payout ratio is presently 74.07%.

In other news, insider Emmett E. Mclean sold 50,000 shares of the stock in a transaction that occurred on Tuesday, December 4th. The stock was sold at an average price of $17.40, for a total value of $870,000.00. Following the completion of the sale, the insider now owns 913,965 shares of the company’s stock, valued at approximately $15,902,991. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Edward K. Aldag, Jr. sold 43,065 shares of the stock in a transaction that occurred on Wednesday, November 28th. The shares were sold at an average price of $16.78, for a total value of $722,630.70. Following the completion of the sale, the chief executive officer now directly owns 1,873,541 shares of the company’s stock, valued at approximately $31,438,017.98. The disclosure for this sale can be found here. In the last three months, insiders sold 98,865 shares of company stock valued at $1,693,493. 0.83% of the stock is currently owned by insiders.

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

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