Medical Properties Trust Target of Unusually High Options Trading (NYSE:MPW)

Medical Properties Trust, Inc. (NYSE:MPW) was the target of unusually large options trading on Monday. Stock traders bought 120,512 put options on the company. This represents an increase of 97% compared to the typical daily volume of 61,211 put options.

Insider Buying and Selling

In other news, CAO James Kevin Hanna sold 11,641 shares of Medical Properties Trust stock in a transaction that occurred on Thursday, December 26th. The shares were sold at an average price of $3.72, for a total transaction of $43,304.52. Following the completion of the sale, the chief accounting officer now owns 366,913 shares in the company, valued at $1,364,916.36. The trade was a 3.08 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.53% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Quadrature Capital Ltd acquired a new position in Medical Properties Trust during the third quarter worth approximately $927,000. Wolverine Asset Management LLC boosted its stake in shares of Medical Properties Trust by 27.8% during the 3rd quarter. Wolverine Asset Management LLC now owns 517,866 shares of the real estate investment trust’s stock worth $3,030,000 after acquiring an additional 112,721 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Medical Properties Trust by 353.5% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,525,714 shares of the real estate investment trust’s stock worth $20,625,000 after acquiring an additional 2,748,245 shares during the last quarter. Thrivent Financial for Lutherans raised its stake in Medical Properties Trust by 22.1% in the 2nd quarter. Thrivent Financial for Lutherans now owns 793,003 shares of the real estate investment trust’s stock valued at $3,418,000 after acquiring an additional 143,309 shares during the period. Finally, JPMorgan Chase & Co. lifted its holdings in Medical Properties Trust by 21.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,704,785 shares of the real estate investment trust’s stock valued at $9,973,000 after purchasing an additional 303,628 shares during the last quarter. Institutional investors own 71.79% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Mizuho cut their target price on Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating on the stock in a research note on Thursday, December 5th. Wolfe Research upgraded Medical Properties Trust to a “hold” rating in a report on Monday, September 23rd. Finally, Truist Financial decreased their price objective on Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating for the company in a research report on Thursday, December 19th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $4.92.

Medical Properties Trust Stock Up 2.6 %

Shares of NYSE MPW traded up $0.10 during mid-day trading on Monday, hitting $3.93. The company had a trading volume of 21,105,196 shares, compared to its average volume of 15,431,523. Medical Properties Trust has a one year low of $2.92 and a one year high of $6.55. The company has a market capitalization of $2.36 billion, a PE ratio of -0.93, a price-to-earnings-growth ratio of 0.62 and a beta of 1.29. The company has a current ratio of 2.38, a quick ratio of 2.38 and a debt-to-equity ratio of 1.69. The firm has a 50-day simple moving average of $4.15 and a two-hundred day simple moving average of $4.65.

Medical Properties Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, December 12th were paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 8.14%. The ex-dividend date was Thursday, December 12th. Medical Properties Trust’s dividend payout ratio is currently -7.58%.

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.