Creative Planning Has $1.41 Million Position in Medical Properties Trust, Inc. (NYSE:MPW)

Creative Planning raised its stake in Medical Properties Trust, Inc. (NYSE:MPW) by 42.6% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 326,293 shares of the real estate investment trust’s stock after buying an additional 97,546 shares during the quarter. Creative Planning owned 0.05% of Medical Properties Trust worth $1,406,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Wolverine Asset Management LLC increased its stake in shares of Medical Properties Trust by 0.6% in the second quarter. Wolverine Asset Management LLC now owns 405,145 shares of the real estate investment trust’s stock worth $1,746,000 after acquiring an additional 2,246 shares during the last quarter. Keynote Financial Services LLC raised its stake in shares of Medical Properties Trust by 4.8% during the 2nd quarter. Keynote Financial Services LLC now owns 59,188 shares of the real estate investment trust’s stock worth $255,000 after purchasing an additional 2,715 shares in the last quarter. Arizona State Retirement System lifted its holdings in shares of Medical Properties Trust by 1.9% during the 2nd quarter. Arizona State Retirement System now owns 167,722 shares of the real estate investment trust’s stock valued at $723,000 after buying an additional 3,103 shares during the last quarter. Collective Family Office LLC grew its stake in shares of Medical Properties Trust by 16.8% in the 1st quarter. Collective Family Office LLC now owns 21,720 shares of the real estate investment trust’s stock valued at $102,000 after buying an additional 3,120 shares in the last quarter. Finally, Panagora Asset Management Inc. increased its holdings in Medical Properties Trust by 23.6% in the second quarter. Panagora Asset Management Inc. now owns 19,591 shares of the real estate investment trust’s stock worth $84,000 after buying an additional 3,735 shares during the last quarter. Hedge funds and other institutional investors own 71.79% of the company’s stock.

Insider Activity at Medical Properties Trust

In other news, Director Elizabeth N. Pitman purchased 8,087 shares of the business’s stock in a transaction on Wednesday, September 18th. The stock was purchased at an average price of $6.01 per share, with a total value of $48,602.87. Following the acquisition, the director now directly owns 76,740 shares in the company, valued at approximately $461,207.40. The trade was a 0.00 % increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. In other Medical Properties Trust news, Director Elizabeth N. Pitman purchased 8,087 shares of the stock in a transaction on Wednesday, September 18th. The shares were purchased at an average price of $6.01 per share, with a total value of $48,602.87. Following the acquisition, the director now directly owns 76,740 shares of the company’s stock, valued at $461,207.40. This represents a 0.00 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Elizabeth N. Pitman sold 10,025 shares of the stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $4.98, for a total transaction of $49,924.50. Following the completion of the transaction, the director now owns 68,653 shares of the company’s stock, valued at approximately $341,891.94. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 1.53% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

MPW has been the subject of a number of analyst reports. Truist Financial lifted their target price on shares of Medical Properties Trust from $5.00 to $6.00 and gave the company a “hold” rating in a research note on Friday, September 13th. Wolfe Research upgraded shares of Medical Properties Trust to a “hold” rating in a report on Monday, September 23rd. BNP Paribas lowered Medical Properties Trust from an “outperform” rating to a “neutral” rating and cut their target price for the company from $6.00 to $4.00 in a report on Tuesday, July 2nd. Finally, Colliers Securities upgraded Medical Properties Trust from a “neutral” rating to a “buy” rating and set a $6.50 price target for the company in a research note on Friday, September 13th. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $5.22.

Medical Properties Trust Price Performance

Shares of NYSE:MPW opened at $5.49 on Wednesday. The company has a quick ratio of 2.93, a current ratio of 2.93 and a debt-to-equity ratio of 1.51. The business has a 50 day moving average price of $5.13 and a 200 day moving average price of $4.87. The company has a market cap of $3.29 billion, a price-to-earnings ratio of -2.47, a PEG ratio of 0.84 and a beta of 1.29. Medical Properties Trust, Inc. has a twelve month low of $2.92 and a twelve month high of $6.55.

Medical Properties Trust (NYSE:MPW) last announced its quarterly earnings data on Thursday, August 8th. The real estate investment trust reported ($0.54) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.75). The firm had revenue of $266.60 million for the quarter, compared to analyst estimates of $259.53 million. The company’s revenue was down 21.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.48 EPS. Research analysts predict that Medical Properties Trust, Inc. will post 0.87 earnings per share for the current year.

Medical Properties Trust Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 10th. Stockholders of record on Monday, September 9th will be given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 5.83%. The ex-dividend date of this dividend is Monday, September 9th. Medical Properties Trust’s dividend payout ratio is currently -14.41%.

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.