Raymond James Trust N.A. Reduces Position in Medical Properties Trust, Inc. (NYSE:MPW)

Raymond James Trust N.A. trimmed its holdings in Medical Properties Trust, Inc. (NYSE:MPWFree Report) by 15.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 32,160 shares of the real estate investment trust’s stock after selling 5,683 shares during the quarter. Raymond James Trust N.A.’s holdings in Medical Properties Trust were worth $158,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Cetera Investment Advisers grew its position in shares of Medical Properties Trust by 1.4% during the 1st quarter. Cetera Investment Advisers now owns 84,116 shares of the real estate investment trust’s stock valued at $1,778,000 after acquiring an additional 1,164 shares during the period. Guardian Wealth Management Inc. grew its position in shares of Medical Properties Trust by 2.3% during the 1st quarter. Guardian Wealth Management Inc. now owns 57,304 shares of the real estate investment trust’s stock valued at $1,211,000 after acquiring an additional 1,269 shares during the period. CreativeOne Wealth LLC grew its position in shares of Medical Properties Trust by 9.2% during the 2nd quarter. CreativeOne Wealth LLC now owns 18,184 shares of the real estate investment trust’s stock valued at $168,000 after acquiring an additional 1,534 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in shares of Medical Properties Trust by 43.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 5,402 shares of the real estate investment trust’s stock valued at $60,000 after acquiring an additional 1,649 shares during the period. Finally, Nissay Asset Management Corp Japan ADV grew its position in shares of Medical Properties Trust by 1.3% during the 4th quarter. Nissay Asset Management Corp Japan ADV now owns 130,923 shares of the real estate investment trust’s stock valued at $1,458,000 after acquiring an additional 1,684 shares during the period. 71.79% of the stock is owned by institutional investors and hedge funds.

Medical Properties Trust Price Performance

Medical Properties Trust stock opened at $4.72 on Thursday. The company has a fifty day simple moving average of $3.80 and a 200-day simple moving average of $4.52. Medical Properties Trust, Inc. has a 12-month low of $2.92 and a 12-month high of $10.74. The company has a current ratio of 2.26, a quick ratio of 2.26 and a debt-to-equity ratio of 1.32. The stock has a market cap of $2.83 billion, a P/E ratio of -5.02, a price-to-earnings-growth ratio of 1.11 and a beta of 1.19.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on MPW shares. JPMorgan Chase & Co. decreased their price target on shares of Medical Properties Trust from $8.00 to $5.00 and set an “underweight” rating on the stock in a research note on Wednesday, November 29th. BNP Paribas raised shares of Medical Properties Trust from a “neutral” rating to an “outperform” rating and set a $6.00 price target on the stock in a research note on Friday, March 1st. Royal Bank of Canada decreased their price target on shares of Medical Properties Trust from $8.00 to $5.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 20th. Deutsche Bank Aktiengesellschaft started coverage on shares of Medical Properties Trust in a research note on Tuesday, January 30th. They issued a “sell” rating and a $2.00 target price on the stock. Finally, StockNews.com lowered shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a research note on Thursday, February 22nd. Six equities research analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, Medical Properties Trust has a consensus rating of “Hold” and an average target price of $6.59.

View Our Latest Stock Report on MPW

About Medical Properties Trust

(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 441 facilities and approximately 44,000 licensed beds as of September 30, 2023.

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

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