Accel Wealth Management Acquires Shares of 21,615 Medical Properties Trust, Inc. (NYSE:MPW)

Accel Wealth Management bought a new position in shares of Medical Properties Trust, Inc. (NYSE:MPW) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 21,615 shares of the real estate investment trust’s stock, valued at approximately $106,000.

Several other hedge funds have also made changes to their positions in MPW. Advisors Asset Management Inc. acquired a new stake in shares of Medical Properties Trust during the third quarter worth about $28,000. Tucker Asset Management LLC raised its holdings in Medical Properties Trust by 2,447.6% during the third quarter. Tucker Asset Management LLC now owns 7,974 shares of the real estate investment trust’s stock worth $43,000 after purchasing an additional 7,661 shares in the last quarter. Riverview Trust Co raised its holdings in 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 worth $50,000 after purchasing an additional 6,922 shares in the last quarter. Harbour Investments Inc. raised its holdings in 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 worth $51,000 after purchasing an additional 4,266 shares in the last quarter. Finally, Checchi Capital Advisers LLC purchased a new position in Medical Properties Trust during the third quarter worth about $56,000. Institutional investors and hedge funds own 71.79% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the stock. Royal Bank of Canada decreased their target price on shares of Medical Properties Trust from $8.00 to $5.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 20th. BNP Paribas raised shares of Medical Properties Trust from a “neutral” rating to an “outperform” rating and set a $6.00 price objective for the company in a research report on Friday, March 1st. KeyCorp restated a “sector weight” rating on shares of Medical Properties Trust in a research report on Friday, January 5th. StockNews.com cut shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a research report on Thursday, February 22nd. Finally, 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 report on Wednesday, January 3rd. Six research analysts have rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company. According to data from MarketBeat, Medical Properties Trust has a consensus rating of “Hold” and a consensus target price of $6.59.

Medical Properties Trust Price Performance

MPW stock traded down $0.02 during midday trading on Thursday, reaching $4.70. 24,035,020 shares of the company’s stock traded hands, compared to its average volume of 24,402,527. The company has a 50-day simple moving average of $3.80 and a two-hundred day simple moving average of $4.52. The company has a market cap of $2.82 billion, a price-to-earnings ratio of -5.00, a PEG ratio of 1.12 and a beta of 1.19. Medical Properties Trust, Inc. has a 1-year low of $2.92 and a 1-year high of $10.74. The company has a quick ratio of 2.26, a current ratio of 2.26 and a debt-to-equity ratio of 1.32.

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.