Commerce Bank Purchases 24,604 Shares of Medical Properties Trust, Inc. (NYSE:MPW)

Commerce Bank boosted its position in Medical Properties Trust, Inc. (NYSE:MPW) by 197.9% in the third quarter, HoldingsChannel.com reports. The firm owned 37,037 shares of the real estate investment trust’s stock after acquiring an additional 24,604 shares during the period. Commerce Bank’s holdings in Medical Properties Trust were worth $743,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Penserra Capital Management LLC grew its stake in shares of Medical Properties Trust by 42.1% during the second quarter. Penserra Capital Management LLC now owns 1,876 shares of the real estate investment trust’s stock worth $37,000 after acquiring an additional 556 shares during the last quarter. O Shaughnessy Asset Management LLC grew its stake in shares of Medical Properties Trust by 85.0% during the second quarter. O Shaughnessy Asset Management LLC now owns 2,126 shares of the real estate investment trust’s stock worth $43,000 after acquiring an additional 977 shares during the last quarter. Charter Oak Capital Management LLC grew its stake in shares of Medical Properties Trust by 602.5% during the third quarter. Charter Oak Capital Management LLC now owns 2,290 shares of the real estate investment trust’s stock worth $46,000 after acquiring an additional 1,964 shares during the last quarter. Meeder Asset Management Inc. grew its stake in shares of Medical Properties Trust by 36.3% during the third quarter. Meeder Asset Management Inc. now owns 2,364 shares of the real estate investment trust’s stock worth $47,000 after acquiring an additional 630 shares during the last quarter. Finally, Total Clarity Wealth Management Inc. purchased a new stake in shares of Medical Properties Trust during the third quarter worth about $65,000. Institutional investors and hedge funds own 80.24% of the company’s stock.

Medical Properties Trust stock opened at $24.13 on Friday. The company has a current ratio of 3.77, a quick ratio of 3.77 and a debt-to-equity ratio of 1.27. Medical Properties Trust, Inc. has a 12 month low of $19.39 and a 12 month high of $24.13. The stock’s 50 day simple moving average is $22.30 and its two-hundred day simple moving average is $21.15. The firm has a market cap of $14.39 billion, a PE ratio of 25.14, a P/E/G ratio of 1.57 and a beta of 0.54.

Medical Properties Trust (NYSE:MPW) last released its quarterly earnings data on Thursday, October 28th. The real estate investment trust reported $0.29 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.44 by ($0.15). The company had revenue of $390.78 million during the quarter, compared to analysts’ expectations of $387.24 million. Medical Properties Trust had a return on equity of 6.90% and a net margin of 38.08%. The company’s revenue for the quarter was up 18.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.41 EPS. On average, equities research analysts forecast that Medical Properties Trust, Inc. will post 1.75 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 13th. Stockholders of record on Thursday, December 9th were paid a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a dividend yield of 4.64%. The ex-dividend date of this dividend was Wednesday, December 8th. Medical Properties Trust’s payout ratio is 116.67%.

A number of equities research analysts recently commented on the company. Deutsche Bank Aktiengesellschaft lowered Medical Properties Trust from a “buy” rating to a “hold” rating and dropped their target price for the company from $27.00 to $25.00 in a research report on Monday, January 3rd. Bank of America upgraded Medical Properties Trust from a “neutral” rating to a “buy” rating and upped their target price for the company from $21.50 to $24.00 in a research report on Wednesday, October 27th. Finally, Raymond James upped their target price on Medical Properties Trust from $25.00 to $26.00 and gave the company a “strong-buy” rating in a research report on Friday, October 29th. Three equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $23.80.

Medical Properties Trust Company Profile

Medical Properties Trust, Inc is a self-advised real estate investment trust, which engages in the investment, acquisition, and development of net-leased healthcare facilities. Its property portfolio includes rehabilitation hospitals; long-term acute care hospitals; ambulatory surgery centers; hospitals for women and children; regional and community hospitals; medical office buildings; and other single-discipline facilities.

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

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