Pictet Asset Management Holding SA Lowers Stock Position in Medical Properties Trust, Inc. (NYSE:MPW)

Pictet Asset Management Holding SA cut its position in shares of Medical Properties Trust, Inc. ( NYSE:MPW – Free Report ) by 4.2% during the 4th quarter, Holdings Channel reports.

The firm owned 172,964 shares of the real estate investment trust’s stock after selling 7,653 shares during the quarter. Pictet Asset Management Holding SA’s holdings in Medical Properties Trust were worth $683,000 as of its most recent SEC filing. A number of other institutional investors have also added to or reduced their stakes in the company.



Charles Schwab Investment Management Inc. boosted its stake in shares of Medical Properties Trust by 1.4% in the 4th 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 last quarter. Wilsey Asset Management Inc.

boosted its position in Medical Properties Trust by 8.5% in 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 purchasing an additional 362,582 shares during the last quarter. Principal Financial Group Inc. grew its stake in Medical Properties Trust by 3.

1% in the 4th 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 purchasing an additional 86,925 shares during the period.

JPMorgan Chase & Co. increased its position in shares of Medical Properties Trust by 4.6% during the 4th quarter.

JPMorgan Chase & Co. now owns 1,782,664 shares of the real estate investment trust’s stock valued at $7,042,000 after purchasing an additional 77,879 shares during the last quarter. Finally, Advisors Asset Management Inc.

raised its stake in shares of Medical Properties Trust by 9.2% during the 4th quarter. Advisors Asset Management Inc.

now owns 1,493,176 shares of the real estate investment trust’s stock worth $5,898,000 after purchasing an additional 125,919 shares during the period. 71.79% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth MPW has been the subject of a number of research analyst reports. Wells Fargo & Company raised their price objective on shares of Medical Properties Trust from $4.00 to $5.

00 and gave the stock an “underweight” rating in a report on Monday, March 10th. Royal Bank of Canada lifted their price target on shares of Medical Properties Trust from $4.00 to $5.

00 and gave the stock a “sector perform” rating in a report on Monday, March 10th. StockNews.com raised Medical Properties Trust from a “sell” rating to a “hold” rating in a report on Monday, March 3rd.

BNP Paribas upgraded Medical Properties Trust from a “neutral” rating to an “outperform” rating and boosted their target price for the company from $5.00 to $9.00 in a research note on Wednesday, March 12th.

Finally, Truist Financial cut their price target on Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating for the company in a research note on Thursday, December 19th.

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 stock. Based on data from MarketBeat, Medical Properties Trust presently has a consensus rating of “Hold” and a consensus target price of $5.64.

Medical Properties Trust Price Performance Shares of NYSE MPW opened at $5.17 on Tuesday. The company has a debt-to-equity ratio of 1.

69, a quick ratio of 2.38 and a current ratio of 2.38.

Medical Properties Trust, Inc. has a fifty-two week low of $3.51 and a fifty-two week high of $6.

55. The stock has a market cap of $3.10 billion, a PE ratio of -1.

22, a price-to-earnings-growth ratio of 1.01 and a beta of 1.27.

The stock has a fifty day moving average of $5.39 and a 200-day moving average of $4.82.

Medical Properties Trust Announces Dividend The business also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Monday, March 10th will be given a dividend of $0.08 per share.

This represents a $0.32 annualized dividend and a dividend yield of 6.20%.

The ex-dividend date is Monday, March 10th. Medical Properties Trust’s dividend payout ratio is presently -8.42%.

About Medical Properties Trust ( Free Report ) 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. Recommended Stories Want to see what other hedge funds are holding MPW? Visit HoldingsChannel.

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