Rhumbline Advisers grew its holdings in MedEquities Realty Trust Inc. (NYSE:MRT) by 100.3% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 35,005 shares of the financial services provider’s stock after buying an additional 17,531 shares during the period. Rhumbline Advisers owned 0.11% of MedEquities Realty Trust worth $442,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in MRT. Teachers Advisors LLC purchased a new stake in shares of MedEquities Realty Trust in the fourth quarter valued at about $257,000. Bank of New York Mellon Corp raised its holdings in shares of MedEquities Realty Trust by 39.8% in the first quarter. Bank of New York Mellon Corp now owns 71,049 shares of the financial services provider’s stock valued at $797,000 after buying an additional 20,225 shares during the last quarter. Sei Investments Co. raised its holdings in shares of MedEquities Realty Trust by 94.3% in the first quarter. Sei Investments Co. now owns 180,324 shares of the financial services provider’s stock valued at $2,021,000 after buying an additional 87,532 shares during the last quarter. Parametric Portfolio Associates LLC raised its holdings in shares of MedEquities Realty Trust by 3.6% in the first quarter. Parametric Portfolio Associates LLC now owns 38,827 shares of the financial services provider’s stock valued at $435,000 after buying an additional 1,343 shares during the last quarter. Finally, Oxford Asset Management purchased a new stake in shares of MedEquities Realty Trust in the first quarter valued at about $254,000. 92.87% of the stock is owned by institutional investors and hedge funds.

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MedEquities Realty Trust Inc. (MRT) opened at 11.88 on Friday. MedEquities Realty Trust Inc. has a 12-month low of $10.28 and a 12-month high of $12.05. The company’s 50-day moving average is $11.70 and its 200 day moving average is $11.70. The stock has a market capitalization of $377.25 million and a PE ratio of 36.11.

A number of equities research analysts have recently commented on MRT shares. KeyCorp reaffirmed a “buy” rating and issued a $13.00 target price on shares of MedEquities Realty Trust in a report on Friday, August 25th. Cantor Fitzgerald started coverage on shares of MedEquities Realty Trust in a report on Thursday, August 31st. They issued an “overweight” rating and a $14.00 target price for the company. Finally, Zacks Investment Research raised shares of MedEquities Realty Trust from a “sell” rating to a “hold” rating in a report on Wednesday, July 19th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and six have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $13.00.

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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