Medical Properties Trust Sees Unusually High Options Volume (NYSE:MPW)

Medical Properties Trust, Inc. (NYSE:MPW) was the target of some unusual options trading on Wednesday. Stock traders purchased 121,286 put options on the company. This is an increase of 94% compared to the typical volume of 62,458 put options.

Insider Activity at Medical Properties Trust

In related news, CAO James Kevin Hanna sold 11,641 shares of Medical Properties Trust stock in a transaction dated Thursday, December 26th. The stock was sold at an average price of $3.72, for a total value of $43,304.52. Following the completion of the transaction, the chief accounting officer now directly owns 366,913 shares of the company’s stock, valued at $1,364,916.36. The trade was a 3.08 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 1.53% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Medical Properties Trust

Institutional investors have recently modified their holdings of the stock. Allworth Financial LP grew its position in shares of Medical Properties Trust by 230.4% during the 4th quarter. Allworth Financial LP now owns 6,082 shares of the real estate investment trust’s stock worth $26,000 after buying an additional 4,241 shares during the period. Truvestments Capital LLC acquired a new position in shares of Medical Properties Trust during the 3rd quarter worth about $31,000. RFG Advisory LLC acquired a new position in shares of Medical Properties Trust during the 4th quarter worth about $40,000. Silver Oak Securities Incorporated acquired a new position in shares of Medical Properties Trust during the 4th quarter worth about $40,000. Finally, Verus Capital Partners LLC acquired a new position in shares of Medical Properties Trust during the 4th quarter worth about $40,000. 71.79% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on MPW shares. Truist Financial cut their price target on Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating for the company in a report on Thursday, December 19th. Mizuho cut their price target on Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating for the company in a report on Thursday, December 5th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, Medical Properties Trust has an average rating of “Hold” and a consensus price target of $4.92.

Medical Properties Trust Stock Performance

Shares of NYSE:MPW opened at $4.78 on Thursday. The stock has a market capitalization of $2.87 billion, a P/E ratio of -1.13, a P/E/G ratio of 1.01 and a beta of 1.32. Medical Properties Trust has a 1-year low of $3.51 and a 1-year high of $6.55. 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 business has a 50-day moving average price of $4.37 and a two-hundred day moving average price of $4.64.

Medical Properties Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Monday, March 10th will be given a dividend of $0.08 per share. The ex-dividend date of this dividend is Monday, March 10th. This represents a $0.32 annualized dividend and a dividend yield of 6.70%. Medical Properties Trust’s 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.