DnB Asset Management AS reduced its holdings in Medical Properties Trust, Inc. (NYSE:MPW – Free Report) by 1.8% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 126,909 shares of the real estate investment trust’s stock after selling 2,297 shares during the quarter. DnB Asset Management AS’s holdings in Medical Properties Trust were worth $1,043,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Louisiana State Employees Retirement System increased its holdings in shares of Medical Properties Trust by 0.5% in the fourth quarter. Louisiana State Employees Retirement System now owns 160,100 shares of the real estate investment trust’s stock valued at $1,784,000 after purchasing an additional 800 shares in the last quarter. Allworth Financial LP increased its holdings in shares of Medical Properties Trust by 69.9% in the fourth quarter. Allworth Financial LP now owns 2,528 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 1,040 shares in the last quarter. Cetera Investment Advisers increased its holdings in shares of Medical Properties Trust by 1.4% in the first quarter. Cetera Investment Advisers now owns 84,116 shares of the real estate investment trust’s stock valued at $1,778,000 after purchasing an additional 1,164 shares in the last quarter. State of Michigan Retirement System increased its holdings in shares of Medical Properties Trust by 0.8% in the fourth quarter. State of Michigan Retirement System now owns 152,200 shares of the real estate investment trust’s stock valued at $1,696,000 after purchasing an additional 1,200 shares in the last quarter. Finally, CoreCap Advisors LLC grew its holdings in Medical Properties Trust by 10.4% during the 4th quarter. CoreCap Advisors LLC now owns 12,737 shares of the real estate investment trust’s stock worth $142,000 after acquiring an additional 1,200 shares during the period. 74.26% of the stock is owned by institutional investors and hedge funds.
Medical Properties Trust Trading Up 1.1 %
MPW opened at $9.26 on Friday. The stock has a market capitalization of $5.54 billion, a P/E ratio of 18.52, a P/E/G ratio of 0.59 and a beta of 0.99. Medical Properties Trust, Inc. has a 12 month low of $7.10 and a 12 month high of $17.36. The firm’s fifty day simple moving average is $8.60 and its 200 day simple moving average is $9.84. The company has a current ratio of 2.15, a quick ratio of 2.15 and a debt-to-equity ratio of 1.24.
Medical Properties Trust Announces Dividend
Analyst Ratings Changes
MPW has been the subject of a number of analyst reports. Bank of America lowered shares of Medical Properties Trust from a “buy” rating to a “neutral” rating and set a $10.00 target price for the company. in a report on Thursday, March 16th. Barclays lowered their target price on shares of Medical Properties Trust from $14.00 to $12.00 and set an “overweight” rating for the company in a report on Wednesday, April 5th. KeyCorp lowered their target price on shares of Medical Properties Trust from $16.00 to $15.00 and set an “overweight” rating for the company in a report on Tuesday, April 4th. Truist Financial lifted their target price on shares of Medical Properties Trust from $8.00 to $9.00 in a report on Friday, March 31st. Finally, Wells Fargo & Company assumed coverage on shares of Medical Properties Trust in a research report on Wednesday, April 19th. They set an “equal weight” rating and a $9.00 price target on the stock. Seven analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $13.08.
About Medical Properties Trust
Medical Properties Trust, Inc is a self-advised real estate investment trust formed in 2003 to acquire and develop net-leased hospital facilities. From its inception in Birmingham, Alabama, the Company has grown to become one of the world's largest owners of hospital real estate with 444 facilities and approximately 45,000 licensed beds in ten countries and across four continents.
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