UBS Asset Management Americas Inc. lessened its stake in Medical Properties Trust, Inc. (NYSE:MPW – Get Rating) by 6.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,512,943 shares of the real estate investment trust’s stock after selling 236,930 shares during the period. UBS Asset Management Americas Inc. owned about 0.59% of Medical Properties Trust worth $41,664,000 at the end of the most recent reporting period.
Other hedge funds have also made changes to their positions in the company. Janney Montgomery Scott LLC lifted its stake in Medical Properties Trust by 8.9% during the third quarter. Janney Montgomery Scott LLC now owns 471,278 shares of the real estate investment trust’s stock worth $5,589,000 after purchasing an additional 38,408 shares during the period. Mutual Advisors LLC lifted its stake in Medical Properties Trust by 13.0% during the second quarter. Mutual Advisors LLC now owns 83,430 shares of the real estate investment trust’s stock worth $1,274,000 after purchasing an additional 9,630 shares during the period. Pallas Capital Advisors LLC lifted its stake in Medical Properties Trust by 8.8% during the third quarter. Pallas Capital Advisors LLC now owns 129,099 shares of the real estate investment trust’s stock worth $1,433,000 after purchasing an additional 10,463 shares during the period. SG Americas Securities LLC lifted its stake in Medical Properties Trust by 50.9% during the third quarter. SG Americas Securities LLC now owns 82,469 shares of the real estate investment trust’s stock worth $978,000 after purchasing an additional 27,815 shares during the period. Finally, Capital Investment Advisors LLC lifted its stake in Medical Properties Trust by 13.3% during the third quarter. Capital Investment Advisors LLC now owns 459,458 shares of the real estate investment trust’s stock worth $5,449,000 after purchasing an additional 54,102 shares during the period. Institutional investors own 80.31% of the company’s stock.
Medical Properties Trust Stock Performance
Shares of Medical Properties Trust stock opened at $8.69 on Tuesday. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.92 and a quick ratio of 1.92. The firm has a market cap of $5.20 billion, a P/E ratio of 5.79, a P/E/G ratio of 0.55 and a beta of 0.96. The firm has a 50 day simple moving average of $12.02 and a 200 day simple moving average of $12.14. Medical Properties Trust, Inc. has a fifty-two week low of $8.37 and a fifty-two week high of $21.63.
Medical Properties Trust Dividend Announcement
Analysts Set New Price Targets
MPW has been the subject of a number of analyst reports. Raymond James cut their price target on shares of Medical Properties Trust from $18.00 to $16.00 and set a “strong-buy” rating for the company in a research note on Thursday, March 2nd. KeyCorp cut their target price on shares of Medical Properties Trust from $18.00 to $16.00 and set an “overweight” rating for the company in a research note on Thursday, January 19th. Mizuho cut their target price on shares of Medical Properties Trust from $20.00 to $18.00 in a research note on Friday, December 2nd. JPMorgan Chase & Co. cut their target price on shares of Medical Properties Trust from $14.00 to $12.00 and set a “neutral” rating for the company in a research note on Friday, March 3rd. Finally, Credit Suisse Group reiterated a “neutral” rating and issued a $11.00 target price on shares of Medical Properties Trust in a research note on Tuesday, March 7th. Six equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Medical Properties Trust currently has an average rating of “Moderate Buy” and a consensus price target of $15.36.
About Medical Properties Trust
Medical Properties Trust, Inc is a self-advised real estate investment trust, 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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