Shell Asset Management Co. Raises Position in Medical Properties Trust, Inc. (NYSE:MPW)

Shell Asset Management Co. raised its stake in shares of Medical Properties Trust, Inc. (NYSE:MPWFree Report) by 17.8% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 28,599 shares of the real estate investment trust’s stock after purchasing an additional 4,312 shares during the period. Shell Asset Management Co.’s holdings in Medical Properties Trust were worth $156,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of MPW. Cohen & Steers Inc. increased its position in Medical Properties Trust by 6,809.0% during the second quarter. Cohen & Steers Inc. now owns 46,120,255 shares of the real estate investment trust’s stock worth $427,070,000 after purchasing an additional 45,452,713 shares during the last quarter. Daiwa Securities Group Inc. increased its position in Medical Properties Trust by 4,205.8% during the second quarter. Daiwa Securities Group Inc. now owns 9,742,667 shares of the real estate investment trust’s stock worth $90,217,000 after purchasing an additional 9,516,400 shares during the last quarter. State Street Corp increased its position in Medical Properties Trust by 11.7% during the first quarter. State Street Corp now owns 36,158,910 shares of the real estate investment trust’s stock worth $774,593,000 after purchasing an additional 3,800,294 shares during the last quarter. Norges Bank acquired a new position in Medical Properties Trust during the fourth quarter worth approximately $34,612,000. Finally, Man Group plc acquired a new position in Medical Properties Trust during the fourth quarter worth approximately $32,630,000. Institutional investors and hedge funds own 76.46% of the company’s stock.

Wall Street Analyst Weigh In

MPW has been the subject of several research reports. Wells Fargo & Company downgraded shares of Medical Properties Trust from an “equal weight” rating to an “underweight” rating and decreased their price objective for the stock from $7.00 to $4.00 in a research note on Monday, October 16th. KeyCorp reiterated a “sector weight” rating on shares of Medical Properties Trust in a research note on Friday, January 5th. Stifel Nicolaus downgraded shares of Medical Properties Trust from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $12.00 to $4.50 in a research note on Friday, November 10th. Mizuho decreased their price objective on shares of Medical Properties Trust from $9.00 to $7.00 and set a “neutral” rating for the company in a research note on Wednesday, January 3rd. Finally, JPMorgan Chase & Co. decreased their price objective 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. Five equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the company. According to MarketBeat, Medical Properties Trust has a consensus rating of “Hold” and a consensus target price of $8.00.

Read Our Latest Stock Report on Medical Properties Trust

Medical Properties Trust Stock Up 3.7 %

MPW opened at $3.40 on Monday. The firm’s fifty day moving average price is $4.10 and its 200 day moving average price is $5.41. The company has a quick ratio of 3.52, a current ratio of 3.52 and a debt-to-equity ratio of 1.23. Medical Properties Trust, Inc. has a 12-month low of $2.92 and a 12-month 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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