Medical Properties Trust (NYSE:MPW).
Cardinal Capital Management LLC /ct sold 375,730 shares in quarter ending 09/30/2017 decreasing its stake in Medical Properties Trust (MPW) by 6.5%. Its position was worth $71,108,000 a decrease of 4.6% as of the end of the quarter.
The following firms have recently changed their position in MPW. Commonwealth Of Pennsylvania Public School Empls Retrmt SYS trimmed its ownership by selling 11 shares a decrease of 0.0% in the quarter. Commonwealth Of Pennsylvania Public School Empls Retrmt SYS claims 53,112 shares valued at $697,000. The value of the position overall is up by 1.9%. Evergreen Capital Management LLC augmented its position by buying 266,500 shares an increase of 53,300.0% from 06/30/2017 to 09/30/2017. Evergreen Capital Management LLC now holds 267,000 shares with a value of $3,506,000. The total value of its holdings increased 58,333.3%.
As of quarter end Raymond James & Associates had disposed of 12,068 shares trimming its holdings by 1.2%. The value of the investment in MPW went from $12,791,000 to $12,891,000 a change of $100,000 quarter over quarter.
On November 3 SunTrust Banks made no change to the stock rating of “Buy” targeting a price of $15.00. On September 17, 2017 KeyCorp kept a “Hold” rating on the company.
August 29 investment analysts at Jefferies Group LLC left the company rating at “Buy” with a current price target of $15.00. July 28 investment analysts at Stifel Nicolaus held the stock rating at “Hold” projecting a price of $13.00.
In the market the company is trading down since yesterday’s close of 13.61. The company’s P/E ratio is 17.80 and market cap is 4.95B. In the last earnings report the EPS was $0.76 with 364.16M shares currently outstanding.
Investors are a little more bearish on shares of Medical Properties Trust recently as implied by the rise in short interest. The stock saw a rise in short interest of 9.83% as of the latest report on October 13, 2017. Short shares increased 2,323,137 over that timeframe. The short-interest ratio increased to 19.0 and the percentage of shorted shares was 0.07% on October 13.