Ameriprise Financial Inc. Sells 157,886 Shares of Medical Properties Trust, Inc. (NYSE:MPW)

Ameriprise Financial Inc. decreased its stake in shares of Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 8.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,771,518 shares of the real estate investment trust's stock after selling 157,886 shares during the period. Ameriprise Financial Inc. owned approximately 0.30% of Medical Properties Trust worth $7,007,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of MPW. SG Americas Securities LLC boosted its stake in Medical Properties Trust by 435.5% during the fourth quarter. SG Americas Securities LLC now owns 923,756 shares of the real estate investment trust's stock worth $3,649,000 after acquiring an additional 751,256 shares in the last quarter. Inspire Investing LLC boosted its stake in Medical Properties Trust by 63.0% during the fourth quarter. Inspire Investing LLC now owns 114,707 shares of the real estate investment trust's stock worth $453,000 after acquiring an additional 44,350 shares in the last quarter. RFG Advisory LLC bought a new stake in Medical Properties Trust during the fourth quarter worth about $40,000. PFG Investments LLC boosted its stake in Medical Properties Trust by 21.8% during the fourth quarter. PFG Investments LLC now owns 96,007 shares of the real estate investment trust's stock worth $379,000 after acquiring an additional 17,167 shares in the last quarter. Finally, Kingswood Wealth Advisors LLC bought a new stake in Medical Properties Trust during the fourth quarter worth about $54,000. Institutional investors own 71.79% of the company's stock.

Analyst Upgrades and Downgrades

MPW has been the subject of several recent analyst reports. BNP Paribas raised shares of Medical Properties Trust from a "neutral" rating to an "outperform" rating and lifted their target price for the stock from $5.00 to $9.00 in a report on Wednesday, March 12th. Wells Fargo & Company boosted their price objective on shares of Medical Properties Trust from $4.00 to $5.00 and gave the company an "underweight" rating in a report on Monday, March 10th. Wall Street Zen raised shares of Medical Properties Trust from a "sell" rating to a "hold" rating in a report on Monday, March 3rd. Finally, Royal Bank of Canada boosted their price objective on shares of Medical Properties Trust from $4.00 to $5.00 and gave the company a "sector perform" rating in a report on Monday, March 10th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $5.75.

Medical Properties Trust Stock Performance

MPW stock traded up $0.08 during midday trading on Tuesday, reaching $4.66. 3,904,084 shares of the company's stock traded hands, compared to its average volume of 12,008,213. Medical Properties Trust, Inc. has a 52-week low of $3.51 and a 52-week high of $6.55. The stock has a market cap of $2.80 billion, a P/E ratio of -1.10, a PEG ratio of 1.01 and a beta of 1.41. The company has a current ratio of 2.38, a quick ratio of 2.38 and a debt-to-equity ratio of 1.69. The stock's 50-day moving average is $5.35 and its 200 day moving average is $4.84.

Medical Properties Trust (NYSE:MPW - Get Free Report) last announced its earnings results on Thursday, May 1st. The real estate investment trust reported $0.14 EPS for the quarter, missing analysts' consensus estimates of $0.15 by ($0.01). The business had revenue of $223.80 million for the quarter, compared to analyst estimates of $233.80 million. During the same period in the prior year, the company posted $0.24 earnings per share. The company's revenue was down 17.5% compared to the same quarter last year. As a group, analysts anticipate that Medical Properties Trust, Inc. will post 0.78 EPS for the current year.

Medical Properties Trust Company 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.