Cwm LLC Grows Position in Medical Properties Trust, Inc. (NYSE:MPW)

Posted by on Jul 28th, 2023

Cwm LLC grew its position in Medical Properties Trust, Inc. (NYSE:MPW – Free Report) by 104.7% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 28,504 shares of the real estate investment trust’s stock after acquiring an additional 14,582 shares during the quarter. Cwm LLC’s holdings in Medical Properties Trust were worth $234,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of the company. Avantax Advisory Services Inc. increased its position in Medical Properties Trust by 4.4% in the first quarter. Avantax Advisory Services Inc. now owns 32,460 shares of the real estate investment trust’s stock worth $267,000 after purchasing an additional 1,357 shares during the last quarter. abrdn plc lifted its position in Medical Properties Trust by 4.7% in the first quarter. abrdn plc now owns 133,810 shares of the real estate investment trust’s stock worth $1,100,000 after buying an additional 5,987 shares during the last quarter. Ameritas Advisory Services LLC increased its position in Medical Properties Trust by 9.8% during the first quarter. Ameritas Advisory Services LLC now owns 93,364 shares of the real estate investment trust’s stock valued at $762,000 after acquiring an additional 8,364 shares during the last quarter. SG Americas Securities LLC raised its stake in shares of Medical Properties Trust by 55.2% in the first quarter. SG Americas Securities LLC now owns 90,386 shares of the real estate investment trust’s stock valued at $743,000 after acquiring an additional 32,162 shares during the period. Finally, Janney Montgomery Scott LLC lifted its holdings in shares of Medical Properties Trust by 12.9% in the 1st quarter. Janney Montgomery Scott LLC now owns 565,578 shares of the real estate investment trust’s stock worth $4,649,000 after acquiring an additional 64,488 shares during the last quarter. 74.26% of the stock is owned by hedge funds and other institutional investors.

Medical Properties Trust Stock Down 3.6 %

Shares of NYSE MPW opened at $10.24 on Friday. The stock has a market capitalization of $6.13 billion, a PE ratio of 20.48, a price-to-earnings-growth ratio of 1.11 and a beta of 0.99. 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, Inc. has a 12-month low of $7.10 and a 12-month high of $17.36. The stock’s fifty day simple moving average is $9.15 and its two-hundred day simple moving average is $9.72.

Analyst Ratings Changes

MPW has been the subject of several analyst reports. Barclays decreased their price objective on shares of Medical Properties Trust from $14.00 to $12.00 and set an “overweight” rating for the company in a research note on Wednesday, April 5th. Stifel Nicolaus decreased their target price on Medical Properties Trust from $14.00 to $12.00 in a research report on Friday, April 28th. KeyCorp reduced their price target on shares of Medical Properties Trust from $16.00 to $15.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 4th. Truist Financial upped their target price on shares of Medical Properties Trust from $8.00 to $9.00 in a research note on Friday, March 31st. Finally, StockNews.com initiated coverage on shares of Medical Properties Trust in a research note on Thursday, May 18th. They set a “hold” rating for the company. Seven research analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Medical Properties Trust has an average rating of “Hold” and an average price target of $13.08.

Medical Properties Trust Profile

(Free Report)

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.

See Also

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

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