Nomura Asset Management Co. Ltd. Buys 42,500 Shares of Medical Properties Trust, Inc. (NYSE:MPW)

Nomura Asset Management Co. Ltd. lifted its stake in shares of Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 5.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm 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 0.14% of Medical Properties Trust worth $3,213,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Allworth Financial LP boosted its position in shares of 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 valued at $26,000 after acquiring an additional 4,241 shares during the period. RFG Advisory LLC purchased a new stake in Medical Properties Trust in the 4th quarter worth approximately $40,000. Silver Oak Securities Incorporated bought a new position in Medical Properties Trust in the 4th quarter valued at $40,000. Verus Capital Partners LLC purchased a new position in shares of Medical Properties Trust during the 4th quarter valued at $40,000. Finally, RS Crum Inc. bought a new position in shares of Medical Properties Trust in the fourth quarter worth $40,000. Hedge funds and other institutional investors own 71.79% of the company's stock.

Medical Properties Trust Trading Down 9.8 %

Shares of NYSE MPW traded down $0.57 during midday trading on Friday, reaching $5.22. The company had a trading volume of 21,452,479 shares, compared to its average volume of 13,410,749. The stock has a market cap of $3.13 billion, a PE ratio of -1.24, a price-to-earnings-growth ratio of 1.01 and a beta of 1.27. Medical Properties Trust, Inc. has a one year low of $3.51 and a one year 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. The firm's fifty day moving average price is $5.38 and its 200-day moving average price is $4.83.

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Medical Properties Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Monday, March 10th will be issued a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 6.14%. The ex-dividend date is Monday, March 10th. Medical Properties Trust's dividend payout ratio (DPR) is presently -8.42%.

Analysts Set New Price Targets

Several equities analysts recently commented on MPW shares. 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 research report on Wednesday, March 12th. Truist Financial cut their price objective on Medical Properties Trust from $6.00 to $4.00 and set a "hold" rating for the company in a report on Thursday, December 19th. Wells Fargo & Company raised their target price on shares of Medical Properties Trust from $4.00 to $5.00 and gave the company an "underweight" rating in a research note on Monday, March 10th. StockNews.com raised shares of Medical Properties Trust from a "sell" rating to a "hold" rating in a research note on Monday, March 3rd. Finally, Royal Bank of Canada raised their price objective on shares of Medical Properties Trust from $4.00 to $5.00 and gave the company a "sector perform" rating in a research report on Monday, March 10th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $5.64.

Medical Properties Trust 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.