Oppenheimer Asset Management Inc. Sells 13,609 Shares of Medical Properties Trust, Inc. (NYSE:MPW)

Oppenheimer Asset Management Inc. trimmed its position in shares of Medical Properties Trust, Inc. (NYSE:MPWFree Report) by 23.6% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 43,972 shares of the real estate investment trust’s stock after selling 13,609 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Medical Properties Trust were worth $240,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Massmutual Trust Co. FSB ADV boosted its stake in Medical Properties Trust by 87.7% during the second quarter. Massmutual Trust Co. FSB ADV now owns 2,881 shares of the real estate investment trust’s stock worth $27,000 after buying an additional 1,346 shares during the period. Iron Horse Wealth Management LLC boosted its stake in shares of Medical Properties Trust by 100.0% during the second quarter. Iron Horse Wealth Management LLC now owns 3,000 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 1,500 shares during the period. Riverview Trust Co boosted its stake in shares of Medical Properties Trust by 313.8% during the third quarter. Riverview Trust Co now owns 9,128 shares of the real estate investment trust’s stock valued at $50,000 after purchasing an additional 6,922 shares during the period. Harbour Investments Inc. boosted its stake in shares of Medical Properties Trust by 1,247.4% during the fourth quarter. Harbour Investments Inc. now owns 4,608 shares of the real estate investment trust’s stock valued at $51,000 after purchasing an additional 4,266 shares during the period. Finally, Gratus Capital LLC purchased a new stake in shares of Medical Properties Trust during the third quarter valued at $57,000. 76.46% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

MPW has been the subject of a number of recent analyst reports. Stifel Nicolaus lowered shares of Medical Properties Trust from a “buy” rating to a “hold” rating and lowered their target price for the company from $12.00 to $4.50 in a research note on Friday, November 10th. KeyCorp reissued a “sector weight” rating on shares of Medical Properties Trust in a research note on Friday, January 5th. JPMorgan Chase & Co. lowered their target price on shares of Medical Properties Trust from $8.00 to $5.00 and set an “underweight” rating for the company in a research note on Wednesday, November 29th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Medical Properties Trust in a research note on Tuesday, January 30th. They set a “sell” rating and a $2.00 target price for the company. Finally, Wells Fargo & Company downgraded Medical Properties Trust from an “equal weight” rating to an “underweight” rating and decreased their price objective for the company from $7.00 to $4.00 in a report on Monday, October 16th. Five analysts have rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, Medical Properties Trust currently has an average rating of “Hold” and an average price target of $8.00.

Check Out Our Latest Analysis on Medical Properties Trust

Medical Properties Trust Stock Performance

Shares of Medical Properties Trust stock opened at $3.40 on Friday. The company has a market capitalization of $2.04 billion, a PE ratio of -48.57, a P/E/G ratio of 0.87 and a beta of 1.11. The company has a debt-to-equity ratio of 1.23, a quick ratio of 3.52 and a current ratio of 3.52. The company has a 50-day simple moving average of $4.10 and a two-hundred day simple moving average of $5.44. Medical Properties Trust, Inc. has a one year low of $2.92 and a one year high of $13.14.

Medical Properties Trust Company 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 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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