Tokio Marine Asset Management Co. Ltd. Acquires 1,281 Shares of Medical Properties Trust, Inc. (NYSE:MPW)

Posted by on Apr 10th, 2023

Tokio Marine Asset Management Co. Ltd. increased its stake in Medical Properties Trust, Inc. (NYSE:MPW – Get Rating) by 11.7% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 12,198 shares of the real estate investment trust’s stock after buying an additional 1,281 shares during the period. Tokio Marine Asset Management Co. Ltd.’s holdings in Medical Properties Trust were worth $136,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in shares of Medical Properties Trust by 0.6% in the 3rd quarter. Vanguard Group Inc. now owns 87,449,640 shares of the real estate investment trust’s stock worth $1,037,153,000 after purchasing an additional 550,802 shares during the last quarter. State Street Corp lifted its stake in shares of Medical Properties Trust by 11.7% in the first quarter. State Street Corp now owns 36,158,910 shares of the real estate investment trust’s stock worth $774,593,000 after buying an additional 3,800,294 shares in the last quarter. Bank of New York Mellon Corp increased its position in shares of Medical Properties Trust by 24.5% during the third quarter. Bank of New York Mellon Corp now owns 17,071,940 shares of the real estate investment trust’s stock valued at $202,473,000 after acquiring an additional 3,355,195 shares in the last quarter. Centersquare Investment Management LLC raised its holdings in Medical Properties Trust by 11.1% in the 3rd quarter. Centersquare Investment Management LLC now owns 10,715,044 shares of the real estate investment trust’s stock worth $127,081,000 after acquiring an additional 1,074,541 shares during the last quarter. Finally, Marshall Wace LLP lifted its position in Medical Properties Trust by 348.8% in the 3rd quarter. Marshall Wace LLP now owns 7,104,051 shares of the real estate investment trust’s stock valued at $84,256,000 after acquiring an additional 5,521,226 shares in the last quarter. Hedge funds and other institutional investors own 80.31% of the company’s stock.

Analyst Upgrades and Downgrades

MPW has been the subject of a number of research analyst reports. KeyCorp reduced their target price on Medical Properties Trust from $16.00 to $15.00 and set an “overweight” rating for the company in a report on Tuesday, April 4th. Truist Financial raised their price target on shares of Medical Properties Trust from $8.00 to $9.00 in a report on Friday, March 31st. Credit Suisse Group reissued a “neutral” rating and set a $11.00 price objective on shares of Medical Properties Trust in a report on Tuesday, March 7th. Bank of America downgraded shares of Medical Properties Trust from a “buy” rating to a “neutral” rating and set a $10.00 target price for the company. in a research report on Thursday, March 16th. Finally, JPMorgan Chase & Co. reduced their price target on shares of Medical Properties Trust from $14.00 to $12.00 and set a “neutral” rating for the company in a research report on Friday, March 3rd. Seven research analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $13.73.

Medical Properties Trust Stock Performance

Shares of Medical Properties Trust stock opened at $8.10 on Monday. The stock’s fifty day moving average is $10.15 and its two-hundred day moving average is $11.29. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 1.19. The company has a market capitalization of $4.85 billion, a PE ratio of 5.40, a price-to-earnings-growth ratio of 0.51 and a beta of 0.95. Medical Properties Trust, Inc. has a 52 week low of $7.10 and a 52 week high of $21.35.

Medical Properties Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 13th. Investors of record on Thursday, March 16th will be issued a $0.29 dividend. The ex-dividend date of this dividend is Wednesday, March 15th. This represents a $1.16 annualized dividend and a dividend yield of 14.32%. Medical Properties Trust’s payout ratio is currently 77.33%.

Medical Properties Trust Profile

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Medical Properties Trust, Inc is a self-advised real estate investment trust, engages in the investment, acquisition, and development of net-leased healthcare facilities. Its property portfolio includes rehabilitation hospitals, long-term acute care hospitals, ambulatory surgery centers, hospitals for women and children, regional and community hospitals, medical office buildings, and other single-discipline facilities.

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Institutional Ownership by Quarter for Medical Properties Trust (NYSE:MPW)

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