Nomura Asset Management Co. Ltd. lifted its holdings in Medical Properties Trust, Inc. (NYSE:MPW – Free Report) by 5.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 813,500 shares of the real estate investment trust’s stock after purchasing an additional 42,500 shares during the quarter. Nomura Asset Management Co. Ltd. owned about 0.14% of Medical Properties Trust worth $3,213,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Allworth Financial LP boosted its holdings in Medical Properties Trust by 230.4% in the fourth quarter. Allworth Financial LP now owns 6,082 shares of the real estate investment trust’s stock worth $26,000 after acquiring an additional 4,241 shares in the last quarter. RFG Advisory LLC acquired a new stake in Medical Properties Trust in the 4th quarter worth approximately $40,000. Silver Oak Securities Incorporated purchased a new stake in Medical Properties Trust during the 4th quarter worth approximately $40,000. Verus Capital Partners LLC acquired a new position in Medical Properties Trust during the 4th quarter valued at approximately $40,000. Finally, RS Crum Inc. purchased a new position in shares of Medical Properties Trust in the fourth quarter worth $40,000. 71.79% of the stock is currently owned by hedge funds and other institutional investors.
Medical Properties Trust Price Performance
NYSE:MPW opened at $5.90 on Wednesday. The company has a 50 day moving average price of $5.29 and a 200-day moving average price of $4.84. Medical Properties Trust, Inc. has a 1-year low of $3.51 and a 1-year high of $6.55. The firm has a market cap of $3.54 billion, a price-to-earnings ratio of -1.40, a price-to-earnings-growth ratio of 1.01 and a beta of 1.32. The company has a debt-to-equity ratio of 1.69, a current ratio of 2.38 and a quick ratio of 2.38.
Medical Properties Trust Dividend Announcement
Wall Street Analysts Forecast Growth
MPW has been the topic of several research reports. Truist Financial cut their target price on Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating on the stock in a research report on Thursday, December 19th. Royal Bank of Canada raised their price objective on Medical Properties Trust from $4.00 to $5.00 and gave the stock a “sector perform” rating in a research note on Monday, March 10th. BNP Paribas upgraded Medical Properties Trust from a “neutral” rating to an “outperform” rating and upped their target price for the company from $5.00 to $9.00 in a research report on Wednesday, March 12th. Wells Fargo & Company raised their price target on shares of Medical Properties Trust from $4.00 to $5.00 and gave the stock an “underweight” rating in a research report on Monday, March 10th. Finally, Mizuho dropped their price objective on shares of Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating on the stock in a report on Thursday, December 5th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $5.64.
Check Out Our Latest Stock Report on MPW
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.
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