Asset Management One Co. Ltd. Raises Holdings in Medical Properties Trust, Inc. (NYSE:MPW)

Asset Management One Co. Ltd. lifted its holdings in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 4.3% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 889,244 shares of the real estate investment trust’s stock after acquiring an additional 36,516 shares during the period. Asset Management One Co. Ltd. owned approximately 0.15% of Medical Properties Trust worth $3,317,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the business. Silver Point Capital L.P. grew its stake in shares of Medical Properties Trust by 155.3% during the third quarter. Silver Point Capital L.P. now owns 6,000,000 shares of the real estate investment trust’s stock worth $35,100,000 after acquiring an additional 3,650,000 shares during the last quarter. Wilsey Asset Management Inc. grew its stake in shares of Medical Properties Trust by 8.5% during the fourth quarter. Wilsey Asset Management Inc. now owns 4,652,803 shares of the real estate investment trust’s stock worth $18,379,000 after acquiring an additional 362,582 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Medical Properties Trust by 353.5% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,525,714 shares of the real estate investment trust’s stock worth $20,625,000 after acquiring an additional 2,748,245 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of Medical Properties Trust by 21.7% during the third quarter. JPMorgan Chase & Co. now owns 1,704,785 shares of the real estate investment trust’s stock worth $9,973,000 after acquiring an additional 303,628 shares during the last quarter. Finally, Advisors Asset Management Inc. grew its stake in shares of Medical Properties Trust by 16.4% during the third quarter. Advisors Asset Management Inc. now owns 1,367,257 shares of the real estate investment trust’s stock worth $7,998,000 after acquiring an additional 192,955 shares during the last quarter. Hedge funds and other institutional investors own 71.79% of the company’s stock.

Medical Properties Trust Price Performance

Shares of NYSE MPW opened at $5.02 on Thursday. The business’s 50 day moving average price is $4.28 and its 200 day moving average price is $4.64. The firm has a market cap of $3.01 billion, a P/E ratio of -1.19, a P/E/G ratio of 1.00 and a beta of 1.32. Medical Properties Trust, Inc. has a 52 week low of $3.45 and a 52 week high of $6.55. The company has a quick ratio of 2.38, a current ratio of 2.38 and a debt-to-equity ratio of 1.69.

Medical Properties Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Monday, March 10th will be given a $0.08 dividend. The ex-dividend date of this dividend is Monday, March 10th. This represents a $0.32 annualized dividend and a yield of 6.38%. Medical Properties Trust’s dividend payout ratio is presently -7.58%.

Insiders Place Their Bets

In other Medical Properties Trust news, CAO James Kevin Hanna sold 11,641 shares of the company’s stock in a transaction that occurred on Thursday, December 26th. The stock was sold at an average price of $3.72, for a total value of $43,304.52. Following the sale, the chief accounting officer now owns 366,913 shares in the company, valued at approximately $1,364,916.36. This represents a 3.08 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 1.53% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on MPW. Truist Financial dropped their price target on Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating on the stock in a research note on Thursday, December 19th. Mizuho dropped their target price on Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating on the stock in a research report on Thursday, December 5th. One analyst has rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $4.92.

About Medical Properties Trust

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.