Medical Properties Trust, Inc. $MPW Shares Sold by Lake Street Private Wealth LLC

Lake Street Private Wealth LLC decreased its stake in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 28.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 266,150 shares of the real estate investment trust’s stock after selling 104,900 shares during the quarter. Lake Street Private Wealth LLC’s holdings in Medical Properties Trust were worth $1,349,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in MPW. Wilsey Asset Management Inc. grew its holdings in Medical Properties Trust by 6.4% during the 3rd quarter. Wilsey Asset Management Inc. now owns 5,240,579 shares of the real estate investment trust’s stock worth $26,570,000 after acquiring an additional 313,011 shares in the last quarter. Caxton Associates LLP lifted its position in shares of Medical Properties Trust by 115.4% during the 2nd quarter. Caxton Associates LLP now owns 617,826 shares of the real estate investment trust’s stock worth $2,663,000 after purchasing an additional 330,946 shares during the last quarter. CWM LLC lifted its position in shares of Medical Properties Trust by 1,184.1% during the 3rd quarter. CWM LLC now owns 340,305 shares of the real estate investment trust’s stock worth $1,725,000 after purchasing an additional 313,803 shares during the last quarter. Y Intercept Hong Kong Ltd increased its holdings in Medical Properties Trust by 710.7% in the third quarter. Y Intercept Hong Kong Ltd now owns 434,732 shares of the real estate investment trust’s stock valued at $2,204,000 after buying an additional 381,109 shares during the last quarter. Finally, Elo Mutual Pension Insurance Co acquired a new stake in Medical Properties Trust in the second quarter valued at $691,000. Hedge funds and other institutional investors own 71.79% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Wall Street Zen cut Medical Properties Trust from a “hold” rating to a “sell” rating in a research report on Monday, January 12th. Wells Fargo & Company upped their price target on Medical Properties Trust from $4.50 to $5.00 and gave the company an “underweight” rating in a report on Tuesday, November 25th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Medical Properties Trust in a research note on Thursday, January 22nd. One research analyst has rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Reduce” and an average target price of $6.17.

Medical Properties Trust Stock Performance

Shares of MPW opened at $5.04 on Tuesday. The firm has a market cap of $3.03 billion, a PE ratio of -4.27 and a beta of 1.43. The company’s 50 day simple moving average is $5.10 and its 200-day simple moving average is $5.01. 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 12-month low of $3.95 and a 12-month high of $6.34.

Medical Properties Trust Profile

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.