Commerzbank Aktiengesellschaft FI increased its position in shares of Medical Properties Trust, Inc. (NYSE:MPW – Free Report) by 49.1% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 137,150 shares of the real estate investment trust’s stock after purchasing an additional 45,163 shares during the period. Commerzbank Aktiengesellschaft FI’s holdings in Medical Properties Trust were worth $511,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently made changes to their positions in MPW. Allworth Financial LP grew its holdings in Medical Properties Trust by 230.4% during the 4th quarter. Allworth Financial LP now owns 6,082 shares of the real estate investment trust’s stock worth $26,000 after acquiring an additional 4,241 shares in the last quarter. Truvestments Capital LLC purchased a new stake in shares of Medical Properties Trust in the 3rd quarter worth approximately $31,000. RFG Advisory LLC bought a new position in shares of Medical Properties Trust during the fourth quarter valued at approximately $40,000. Silver Oak Securities Incorporated purchased a new position in Medical Properties Trust during the fourth quarter valued at approximately $40,000. Finally, Verus Capital Partners LLC bought a new position in Medical Properties Trust in the fourth quarter worth approximately $40,000. 71.79% of the stock is currently owned by institutional investors.
Medical Properties Trust Stock Up 1.7 %
Shares of MPW stock opened at $5.74 on Thursday. The stock’s fifty day moving average price is $4.52 and its 200 day moving average price is $4.67. Medical Properties Trust, Inc. has a 1-year low of $3.51 and a 1-year high of $6.55. The company has a market cap of $3.44 billion, a price-to-earnings ratio of -1.36, a price-to-earnings-growth ratio of 1.01 and a beta of 1.32. The company has a debt-to-equity ratio of 1.69, a current ratio of 2.38 and a quick ratio of 2.38.
Medical Properties Trust Dividend Announcement
Insiders Place Their Bets
In other Medical Properties Trust news, CAO James Kevin Hanna sold 11,641 shares of the firm’s stock in a transaction on Thursday, December 26th. The shares were sold at an average price of $3.72, for a total value of $43,304.52. Following the completion of the transaction, the chief accounting officer now owns 366,913 shares of the company’s stock, valued at approximately $1,364,916.36. This trade represents a 3.08 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 1.53% of the stock is owned by insiders.
Analysts Set New Price Targets
Several analysts have issued reports on MPW shares. Truist Financial dropped their target price on Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating on the stock in a research report on Thursday, December 19th. StockNews.com raised Medical Properties Trust from a “sell” rating to a “hold” rating in a research report on Monday. Finally, Mizuho cut their target price on Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating on the stock in a research note on Thursday, December 5th. Seven research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $4.92.
Get Our Latest Report on Medical Properties Trust
Medical Properties Trust Profile
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.
Featured Stories
- Five stocks we like better than Medical Properties Trust
- TSX Venture Exchange (Formerly Canadian Venture Exchange)
- Corporate Crawl: Where Business Trips Turn Into Party Nights
- Low PE Growth Stocks: Unlocking Investment Opportunities
- CrowdStrike’s Growth Remains Strong—Buy While It’s Down
- The 3 Best Fintech Stocks to Buy Now
- Is Advanced Micro Devices Stock Slide Over?
Want to see what other hedge funds are holding MPW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Medical Properties Trust, Inc. (NYSE:MPW – Free Report).
Receive News & Ratings for Medical Properties Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Medical Properties Trust and related companies with MarketBeat.com's FREE daily email newsletter.