Medical Properties Trust, Inc. $MPW Holdings Trimmed by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D reduced its position in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 80.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 100,999 shares of the real estate investment trust’s stock after selling 413,036 shares during the period. State of New Jersey Common Pension Fund D’s holdings in Medical Properties Trust were worth $512,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MPW. Metis Global Partners LLC boosted its position in shares of Medical Properties Trust by 36.5% during the 3rd quarter. Metis Global Partners LLC now owns 135,472 shares of the real estate investment trust’s stock valued at $687,000 after purchasing an additional 36,191 shares in the last quarter. Savvy Advisors Inc. acquired a new stake in Medical Properties Trust during the third quarter valued at approximately $67,000. Caprock Group LLC bought a new stake in Medical Properties Trust during the third quarter worth approximately $174,000. Alps Advisors Inc. grew its position in Medical Properties Trust by 1.8% in the third quarter. Alps Advisors Inc. now owns 161,870 shares of the real estate investment trust’s stock worth $821,000 after buying an additional 2,794 shares during the last quarter. Finally, Savant Capital LLC increased its holdings in shares of Medical Properties Trust by 393.0% in the third quarter. Savant Capital LLC now owns 103,059 shares of the real estate investment trust’s stock valued at $523,000 after buying an additional 82,155 shares in the last quarter. 71.79% of the stock is currently owned by institutional investors.

Medical Properties Trust Stock Down 0.3%

NYSE:MPW opened at $5.04 on Friday. The business’s fifty day moving average price is $5.10 and its 200 day moving average price is $5.02. The firm has a market capitalization of $3.03 billion, a price-to-earnings ratio of -4.27 and a beta of 1.43. The company has a current ratio of 2.68, a quick ratio of 2.68 and a debt-to-equity ratio of 2.06. Medical Properties Trust, Inc. has a 1-year low of $3.95 and a 1-year high of $6.34.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on MPW shares. Wells Fargo & Company increased their price objective on Medical Properties Trust from $4.50 to $5.00 and gave the company an “underweight” rating in a research report on Tuesday, November 25th. Wall Street Zen downgraded Medical Properties Trust from a “hold” rating to a “sell” rating in a report on Monday, January 12th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Medical Properties Trust in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce” and an average price target of $6.17.

About Medical Properties Trust

Medical Properties Trust, Inc is a real estate investment trust (REIT) focused on acquiring, financing, and owning net-leased hospital facilities. Through sale-leaseback transactions, direct acquisitions and recapitalizations, the company provides capital to healthcare operators while maintaining long-term, triple-net lease agreements. Its portfolio encompasses general acute care hospitals, rehabilitation facilities and other healthcare-related real estate assets and is structured to deliver stable, long-duration rental income streams.

Founded in 2003 and based in Birmingham, Alabama, Medical Properties Trust completed its initial public offering in 2004.