Medical Properties Trust, Inc. (NYSE:MPW) Shares Acquired by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. increased its stake in Medical Properties Trust, Inc. (NYSE:MPW) by 5.5% in the 4th quarter, Holdings Channel.com reports. The fund owned 813,500 shares of the real estate investment trust’s stock after acquiring an additional 42,500 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in Medical Properties Trust were worth $3,213,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in shares of Medical Properties Trust during the 4th quarter worth about $41,000. BCO Wealth Management LLC acquired a new position in shares of Medical Properties Trust during the fourth quarter valued at approximately $103,000. AssuredPartners Investment Advisors LLC purchased a new position in shares of Medical Properties Trust in the fourth quarter valued at approximately $722,000. JPMorgan Chase & Co. boosted its stake in shares of Medical Properties Trust by 4.6% in the fourth quarter. JPMorgan Chase & Co. now owns 1,782,664 shares of the real estate investment trust’s stock worth $7,042,000 after acquiring an additional 77,879 shares during the last quarter. Finally, Jackson Thornton Wealth Management LLC purchased a new stake in shares of Medical Properties Trust during the fourth quarter worth approximately $205,000. 71.79% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

MPW has been the topic of a number of research reports. StockNews.com upgraded Medical Properties Trust from a “sell” rating to a “hold” rating in a report on Monday, March 3rd. Royal Bank of Canada boosted their price target on shares of Medical Properties Trust from $4.00 to $5.00 and gave the stock a “sector perform” rating in a research report on Monday, March 10th. Wells Fargo & Company increased 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. BNP Paribas upgraded Medical Properties Trust from a “neutral” rating to an “outperform” rating and boosted their target price for the stock from $5.00 to $9.00 in a report on Wednesday, March 12th. Finally, Mizuho dropped their price target on Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating for the company in a research report on Thursday, December 5th. One analyst has rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $5.64.

Medical Properties Trust Stock Down 2.2 %

MPW stock opened at $5.90 on Wednesday. Medical Properties Trust, Inc. has a one year low of $3.51 and a one year high of $6.55. The firm has a market cap of $3.54 billion, a PE ratio of -1.40, a PEG ratio of 1.01 and a beta of 1.32. The firm’s 50 day moving average price is $5.29 and its 200-day moving average price is $4.84. The company has a debt-to-equity ratio of 1.69, a quick ratio of 2.38 and a current ratio of 2.38.

Medical Properties Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Monday, March 10th will be paid a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 5.43%. The ex-dividend date is Monday, March 10th. Medical Properties Trust’s dividend payout ratio (DPR) is presently -8.42%.

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.