Barclays PLC Lowers Stock Position in Medical Properties Trust, Inc. (NYSE:MPW)

Barclays PLC cut its stake in Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 52.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,251,284 shares of the real estate investment trust's stock after selling 1,398,020 shares during the period. Barclays PLC owned 0.21% of Medical Properties Trust worth $6,820,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Vanguard Group Inc. lifted its stake in shares of Medical Properties Trust by 0.6% in the 1st quarter. Vanguard Group Inc. now owns 87,046,765 shares of the real estate investment trust's stock valued at $1,840,168,000 after purchasing an additional 496,833 shares during the period. Cohen & Steers Inc. lifted 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 valued at $427,070,000 after buying an additional 45,452,713 shares during the period. State Street Corp lifted 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 valued at $774,593,000 after buying an additional 3,800,294 shares during the period. Geode Capital Management LLC grew its position in shares of Medical Properties Trust by 1.9% in the 2nd quarter. Geode Capital Management LLC now owns 11,696,619 shares of the real estate investment trust's stock worth $109,424,000 after buying an additional 217,430 shares during the period. Finally, Daiwa Securities Group Inc. increased its stake in shares of Medical Properties Trust by 4,205.8% in the 2nd quarter. Daiwa Securities Group Inc. now owns 9,742,667 shares of the real estate investment trust's stock worth $90,217,000 after acquiring an additional 9,516,400 shares in the last quarter. 76.46% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. Stifel Nicolaus cut shares of Medical Properties Trust from a "buy" rating to a "hold" rating and cut their price objective for the stock from $12.00 to $4.50 in a report on Friday, November 10th. Wells Fargo & Company lowered Medical Properties Trust from an "equal weight" rating to an "underweight" rating and reduced their price objective for the company from $7.00 to $4.00 in a research report on Monday, October 16th. JPMorgan Chase & Co. dropped their target price on Medical Properties Trust from $8.00 to $5.00 and set an "underweight" rating on the stock in a report on Wednesday, November 29th. Deutsche Bank Aktiengesellschaft initiated coverage on 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, TheStreet lowered Medical Properties Trust from a "c-" rating to a "d+" rating in a research report on Thursday, October 19th. Five analysts have rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $8.00.

Medical Properties Trust Stock Up 0.8 %

MPW opened at $3.29 on Friday. The stock has a market capitalization of $1.97 billion, a price-to-earnings ratio of -46.93, a PEG ratio of 0.85 and a beta of 1.11. The firm has a 50 day moving average price of $4.13 and a 200-day moving average price of $5.53. Medical Properties Trust, Inc. has a twelve month low of $2.92 and a twelve month high of $13.14. 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 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.

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