KPP Advisory Services LLC Has $410,000 Stock Position in Medical Properties Trust, Inc. (NYSE:MPW)

KPP Advisory Services LLC increased its position in Medical Properties Trust, Inc. (NYSE:MPW) by 20.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 95,041 shares of the real estate investment trust’s stock after buying an additional 16,280 shares during the period. KPP Advisory Services LLC’s holdings in Medical Properties Trust were worth $410,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Cetera Investment Advisers increased its stake in Medical Properties Trust by 1.7% during the 2nd quarter. Cetera Investment Advisers now owns 353,121 shares of the real estate investment trust’s stock valued at $1,522,000 after purchasing an additional 5,874 shares in the last quarter. Sunbelt Securities Inc. grew its holdings in shares of Medical Properties Trust by 5.5% during the second quarter. Sunbelt Securities Inc. now owns 406,237 shares of the real estate investment trust’s stock valued at $1,751,000 after buying an additional 21,092 shares during the last quarter. Creative Planning increased its position in shares of Medical Properties Trust by 42.6% during the second quarter. Creative Planning now owns 326,293 shares of the real estate investment trust’s stock worth $1,406,000 after acquiring an additional 97,546 shares in the last quarter. Algert Global LLC lifted its position in Medical Properties Trust by 91.5% in the 2nd quarter. Algert Global LLC now owns 183,881 shares of the real estate investment trust’s stock valued at $793,000 after acquiring an additional 87,881 shares in the last quarter. Finally, APG Asset Management US Inc. bought a new stake in Medical Properties Trust during the 2nd quarter worth approximately $2,045,000. 71.79% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Medical Properties Trust news, Director Elizabeth N. Pitman bought 8,087 shares of Medical Properties Trust stock in a transaction that occurred on Wednesday, September 18th. The stock was acquired at an average cost of $6.01 per share, for a total transaction of $48,602.87. Following the completion of the transaction, the director now directly owns 76,740 shares in the company, valued at $461,207.40. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, Director Elizabeth N. Pitman sold 10,025 shares of the firm’s 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 sale, the director now owns 68,653 shares in the company, valued at approximately $341,891.94. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Elizabeth N. Pitman bought 8,087 shares of the business’s stock in a transaction that occurred on Wednesday, September 18th. The stock was bought at an average price of $6.01 per share, with a total value of $48,602.87. Following the completion of the transaction, the director now directly owns 76,740 shares of the company’s stock, valued at approximately $461,207.40. The disclosure for this purchase can be found here. 1.53% of the stock is currently owned by company insiders.

Medical Properties Trust Stock Down 1.4 %

MPW stock opened at $5.77 on Wednesday. The stock has a 50-day simple moving average of $5.06 and a two-hundred day simple moving average of $4.82. Medical Properties Trust, Inc. has a twelve month low of $2.92 and a twelve month high of $6.55. The firm has a market capitalization of $3.46 billion, a PE ratio of -2.60, a PEG ratio of 0.84 and a beta of 1.28. The company has a quick ratio of 2.93, a current ratio of 2.93 and a debt-to-equity ratio of 1.51.

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

Medical Properties Trust Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 10th. Stockholders of record on Monday, September 9th will be issued a $0.08 dividend. The ex-dividend date is Monday, September 9th. This represents a $0.32 annualized dividend and a dividend yield of 5.55%. Medical Properties Trust’s payout ratio is currently -14.41%.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on MPW. Truist Financial raised their target price on Medical Properties Trust from $5.00 to $6.00 and gave the company a “hold” rating in a report on Friday, September 13th. BNP Paribas downgraded shares of Medical Properties Trust from an “outperform” rating to a “neutral” rating and cut their price objective for the stock from $6.00 to $4.00 in a report on Tuesday, July 2nd. Wolfe Research raised Medical Properties Trust to a “hold” rating in a report on Monday, September 23rd. Finally, Colliers Securities upgraded shares of Medical Properties Trust from a “neutral” rating to a “buy” rating and set a $6.50 price target for the company in a research report on Friday, September 13th. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, Medical Properties Trust presently has a consensus rating of “Hold” and a consensus price target of $5.22.

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.