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

Medical Properties Trust, Inc. (NYSE:MPW) saw some unusual options trading on Monday. Stock traders bought 97,514 put options on the stock. This represents an increase of 65% compared to the typical volume of 59,011 put options.

Wall Street Analysts Forecast Growth

MPW has been the topic of several research analyst reports. Truist Financial raised their price objective 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. Wolfe Research upgraded shares of Medical Properties Trust to a “hold” rating in a research 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 objective on the stock in a research note on Friday, September 13th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, Medical Properties Trust has an average rating of “Hold” and a consensus price target of $5.50.

Insider Activity

In related news, Director Michael G. Stewart sold 32,780 shares of the business’s stock in a transaction dated Wednesday, October 9th. The stock was sold at an average price of $5.46, for a total value of $178,978.80. Following the completion of the sale, the director now directly owns 221,245 shares of the company’s stock, valued at $1,207,997.70. The trade was a 12.90 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Elizabeth N. Pitman acquired 8,087 shares of the business’s stock in a transaction on Wednesday, September 18th. The shares were purchased at an average price of $6.01 per share, for a total transaction of $48,602.87. Following the purchase, the director now directly owns 76,740 shares of the company’s stock, valued at $461,207.40. This represents a 11.78 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 1.53% of the company’s stock.

Institutional Trading of Medical Properties Trust

Large investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its stake in Medical Properties Trust by 8.2% during the 1st quarter. Vanguard Group Inc. now owns 93,058,174 shares of the real estate investment trust’s stock valued at $437,373,000 after buying an additional 7,084,981 shares during the period. Silver Point Capital L.P. increased its stake in shares of Medical Properties Trust by 155.3% during the third quarter. Silver Point Capital L.P. now owns 6,000,000 shares of the real estate investment trust’s stock valued at $35,100,000 after acquiring an additional 3,650,000 shares during the period. Goldentree Asset Management LP bought a new stake in Medical Properties Trust during the first quarter worth approximately $15,966,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Medical Properties Trust by 353.5% in the third 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 purchasing an additional 2,748,245 shares during the period. Finally, Bank of New York Mellon Corp boosted its stake in Medical Properties Trust by 22.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 6,908,362 shares of the real estate investment trust’s stock valued at $29,775,000 after purchasing an additional 1,274,481 shares in the last quarter. 71.79% of the stock is currently owned by institutional investors and hedge funds.

Medical Properties Trust Trading Down 4.7 %

Medical Properties Trust stock opened at $4.27 on Wednesday. Medical Properties Trust has a 52-week low of $2.92 and a 52-week high of $6.55. The company has a quick ratio of 2.38, a current ratio of 2.38 and a debt-to-equity ratio of 1.69. The firm has a market capitalization of $2.56 billion, a price-to-earnings ratio of -1.01, a PEG ratio of 0.66 and a beta of 1.32. The firm has a 50-day moving average price of $4.99 and a two-hundred day moving average price of $4.90.

Medical Properties Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 9th. Stockholders of record on Thursday, December 12th will be given a dividend of $0.08 per share. The ex-dividend date is Thursday, December 12th. This represents a $0.32 annualized dividend and a dividend yield of 7.49%. Medical Properties Trust’s dividend payout ratio is presently -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.