Creative Planning Has $1.04 Million Stock Position in Medical Properties Trust, Inc. (NYSE:MPW)

Creative Planning cut its holdings in shares of Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 45.4% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 178,256 shares of the real estate investment trust's stock after selling 148,037 shares during the period. Creative Planning's holdings in Medical Properties Trust were worth $1,043,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Future Financial Wealth Managment LLC acquired a new position in Medical Properties Trust during the 3rd quarter valued at about $29,000. GAMMA Investing LLC increased its stake in shares of Medical Properties Trust by 107.3% in the 3rd quarter. GAMMA Investing LLC now owns 6,077 shares of the real estate investment trust's stock valued at $36,000 after acquiring an additional 3,145 shares during the last quarter. Versant Capital Management Inc increased its stake in shares of Medical Properties Trust by 435.0% in the 2nd quarter. Versant Capital Management Inc now owns 7,972 shares of the real estate investment trust's stock valued at $34,000 after acquiring an additional 6,482 shares during the last quarter. Iron Horse Wealth Management LLC increased its stake in shares of Medical Properties Trust by 166.7% in the 2nd quarter. Iron Horse Wealth Management LLC now owns 8,000 shares of the real estate investment trust's stock valued at $34,000 after acquiring an additional 5,000 shares during the last quarter. Finally, Fidelis Capital Partners LLC bought a new stake in shares of Medical Properties Trust in the 1st quarter valued at about $43,000. 71.79% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Medical Properties Trust news, Director Elizabeth N. Pitman sold 10,025 shares of Medical Properties Trust stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of $4.98, for a total value of $49,924.50. Following the transaction, the director now owns 68,653 shares in the company, valued at $341,891.94. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In other Medical Properties Trust news, Director Elizabeth N. Pitman sold 10,025 shares of Medical Properties Trust stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of $4.98, for a total value of $49,924.50. Following the transaction, the director now owns 68,653 shares in the company, valued at $341,891.94. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Michael G. Stewart sold 32,780 shares of Medical Properties Trust stock in a transaction dated Wednesday, October 9th. The shares were sold at an average price of $5.46, for a total value of $178,978.80. Following the completion of the transaction, the director now owns 221,245 shares in the company, valued at approximately $1,207,997.70. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 63,335 shares of company stock worth $318,825. Company insiders own 1.53% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on MPW. Wolfe Research raised Medical Properties Trust to a "hold" rating in a research note on Monday, September 23rd. Truist Financial increased their target price on Medical Properties Trust from $5.00 to $6.00 and gave the stock a "hold" rating in a research note on Friday, September 13th. Finally, Colliers Securities raised Medical Properties Trust from a "neutral" rating to a "buy" rating and set a $6.50 target price for the company in a research note on Friday, September 13th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, Medical Properties Trust has a consensus rating of "Hold" and an average target price of $5.38.

Medical Properties Trust Stock Performance

MPW stock traded down $0.12 during trading hours on Friday, hitting $4.52. 9,568,447 shares of the stock were exchanged, compared to its average volume of 17,003,697. The company has a current ratio of 2.93, a quick ratio of 2.93 and a debt-to-equity ratio of 1.51. The firm has a market capitalization of $2.71 billion, a P/E ratio of -1.69, a P/E/G ratio of 0.69 and a beta of 1.29. The company has a 50-day simple moving average of $5.15 and a two-hundred day simple moving average of $4.92. Medical Properties Trust, Inc. has a 12 month low of $2.92 and a 12 month high of $6.55.

Medical Properties Trust (NYSE:MPW - Get Free Report) last posted its quarterly earnings data on Thursday, August 8th. The real estate investment trust reported ($0.54) earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.75). The business had revenue of $266.60 million during the quarter, compared to analysts' expectations of $259.53 million. Medical Properties Trust's revenue for the quarter was down 21.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.48 EPS. On average, analysts forecast that Medical Properties Trust, Inc. will post 0.85 earnings per share for the current fiscal year.

Medical Properties Trust Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 10th. Investors of record on Monday, September 9th were given a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 7.09%. The ex-dividend date was Monday, September 9th. Medical Properties Trust's payout ratio is currently -11.90%.

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.