Creative Financial Designs Inc. ADV lessened its stake in Medical Properties Trust, Inc. (NYSE:MPW) by 29.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,320 shares of the real estate investment trust’s stock after selling 1,385 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in Medical Properties Trust were worth $61,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in MPW. Bank of New York Mellon Corp boosted its holdings in shares of Medical Properties Trust by 3.2% in the 3rd quarter. Bank of New York Mellon Corp now owns 9,384,794 shares of the real estate investment trust’s stock valued at $139,929,000 after buying an additional 288,334 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Medical Properties Trust by 3.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,741,728 shares of the real estate investment trust’s stock valued at $25,969,000 after acquiring an additional 61,613 shares during the period. Renaissance Technologies LLC bought a new stake in Medical Properties Trust in the 3rd quarter valued at $12,644,000. The Manufacturers Life Insurance Company raised its stake in Medical Properties Trust by 3.6% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 604,686 shares of the real estate investment trust’s stock valued at $9,016,000 after acquiring an additional 20,952 shares during the period. Finally, Advisors Asset Management Inc. raised its stake in Medical Properties Trust by 50.7% in the 3rd quarter. Advisors Asset Management Inc. now owns 37,979 shares of the real estate investment trust’s stock valued at $566,000 after acquiring an additional 12,785 shares during the period. 80.03% of the stock is owned by institutional investors.

MPW opened at $17.53 on Thursday. Medical Properties Trust, Inc. has a 1-year low of $12.27 and a 1-year high of $18.92. The company has a current ratio of 5.22, a quick ratio of 5.22 and a debt-to-equity ratio of 0.89. The firm has a market capitalization of $6.38 billion, a P/E ratio of 12.48, a price-to-earnings-growth ratio of 3.42 and a beta of 0.74.

Medical Properties Trust (NYSE:MPW) last posted its quarterly earnings data on Thursday, February 7th. The real estate investment trust reported $0.31 earnings per share for the quarter, hitting the consensus estimate of $0.31. The firm had revenue of $180.60 million for the quarter, compared to analysts’ expectations of $179.68 million. Medical Properties Trust had a return on equity of 8.83% and a net margin of 129.59%. The company’s quarterly revenue was down 11.9% compared to the same quarter last year. During the same quarter last year, the business earned $0.37 EPS. As a group, equities analysts expect that Medical Properties Trust, Inc. will post 1.42 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 11th. Shareholders of record on Thursday, March 14th were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 5.70%. The ex-dividend date of this dividend was Wednesday, March 13th. Medical Properties Trust’s payout ratio is 72.99%.

MPW has been the topic of a number of research analyst reports. Jefferies Financial Group upgraded Medical Properties Trust from a “hold” rating to a “buy” rating and increased their price target for the company from $18.00 to $23.00 in a research note on Wednesday, February 13th. Zacks Investment Research upgraded Medical Properties Trust from a “hold” rating to a “buy” rating and set a $21.00 price target on the stock in a research note on Tuesday, April 16th. Deutsche Bank increased their price target on Medical Properties Trust from $14.00 to $16.00 and gave the company a “hold” rating in a research note on Friday, March 29th. Finally, Mitsubishi UFJ Financial Group increased their price target on Medical Properties Trust to $17.00 and gave the company a “neutral” rating in a research note on Monday, February 11th. Six investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $17.79.

In other Medical Properties Trust news, CEO Edward K. Aldag, Jr. sold 273,577 shares of the stock in a transaction on Friday, March 22nd. The stock was sold at an average price of $18.72, for a total transaction of $5,121,361.44. Following the transaction, the chief executive officer now owns 2,160,784 shares in the company, valued at approximately $40,449,876.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP James Kevin Hanna sold 18,000 shares of the stock in a transaction on Monday, February 11th. The stock was sold at an average price of $18.37, for a total value of $330,660.00. Following the transaction, the vice president now owns 76,318 shares in the company, valued at approximately $1,401,961.66. The disclosure for this sale can be found here. 0.83% of the stock is owned by company insiders.

COPYRIGHT VIOLATION NOTICE: This story was posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this story on another website, it was illegally copied and republished in violation of US and international copyright and trademark laws. The original version of this story can be accessed at https://www.thecerbatgem.com/2019/04/25/medical-properties-trust-inc-mpw-stake-lowered-by-creative-financial-designs-inc-adv.html.

About Medical Properties Trust

Medical Properties Trust, Inc is a self-advised real estate investment trust formed to capitalize on the changing trends in healthcare delivery by acquiring and developing net-leased healthcare facilities. MPT's financing model helps facilitate acquisitions and recapitalizations and allows operators of hospitals and other healthcare facilities to unlock the value of their real estate assets to fund facility improvements, technology upgrades and other investments in operations.

Recommended Story: Net Income

Want to see what other hedge funds are holding MPW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Medical Properties Trust, Inc. (NYSE:MPW).

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

Receive News & Ratings for Medical Properties Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Medical Properties Trust and related companies with MarketBeat.com's FREE daily email newsletter.