Nissay Asset Management Corp Japan ADV Has $186,000 Stake in Medical Properties Trust, Inc. (NYSE:MPW)

Nissay Asset Management Corp Japan ADV raised its holdings in Medical Properties Trust, Inc. (NYSE:MPW) by 5.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 49,953 shares of the real estate investment trust’s stock after acquiring an additional 2,661 shares during the period. Nissay Asset Management Corp Japan ADV’s holdings in Medical Properties Trust were worth $186,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Geode Capital Management LLC grew its stake in Medical Properties Trust by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 10,742,446 shares of the real estate investment trust’s stock valued at $42,446,000 after acquiring an additional 58,828 shares during the period. Charles Schwab Investment Management Inc. boosted its position in shares of Medical Properties Trust by 1.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 8,838,540 shares of the real estate investment trust’s stock worth $34,912,000 after buying an additional 118,577 shares during the period. Northern Trust Corp raised its holdings in Medical Properties Trust by 60.8% during the fourth quarter. Northern Trust Corp now owns 6,309,149 shares of the real estate investment trust’s stock worth $24,921,000 after acquiring an additional 2,385,081 shares in the last quarter. Wilsey Asset Management Inc. raised its holdings in 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 in the last quarter. Finally, Principal Financial Group Inc. raised its stake in Medical Properties Trust by 3.1% in the fourth quarter. Principal Financial Group Inc. now owns 2,912,274 shares of the real estate investment trust’s stock valued at $11,503,000 after buying an additional 86,925 shares during the period. 71.79% of the stock is owned by institutional investors and hedge funds.

Medical Properties Trust Price Performance

Medical Properties Trust stock opened at $5.08 on Monday. Medical Properties Trust, Inc. has a 12 month low of $3.51 and a 12 month high of $6.55. The stock’s 50 day moving average is $5.50 and its 200-day moving average is $4.83. The company has a current ratio of 2.38, a quick ratio of 2.38 and a debt-to-equity ratio of 1.69. The company has a market capitalization of $3.05 billion, a price-to-earnings ratio of -1.20, a PEG ratio of 1.01 and a beta of 1.41.

Medical Properties Trust (NYSE:MPW) last posted its earnings results on Thursday, May 1st. The real estate investment trust reported $0.14 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.01). The firm had revenue of $223.80 million during the quarter, compared to the consensus estimate of $233.80 million. During the same quarter last year, the firm earned $0.24 earnings per share. The company’s revenue was down 17.5% compared to the same quarter last year. Equities research analysts expect that Medical Properties Trust, Inc. will post 0.78 EPS for the current year.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Wells Fargo & Company upped their price objective on Medical Properties Trust from $4.00 to $5.00 and gave the company an “underweight” rating in a research note on Monday, March 10th. Royal Bank of Canada upped their price objective on Medical Properties Trust from $4.00 to $5.00 and gave the company 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 price objective for the company from $5.00 to $9.00 in a research note on Wednesday, March 12th. Finally, StockNews.com upgraded Medical Properties Trust from a “sell” rating to a “hold” rating in a research note on Monday, March 3rd. One research analyst has rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $5.75.

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.