Medical Properties Trust, Inc. (NYSE:MPW - Get Free Report) was the recipient of unusually large options trading activity on Wednesday. Stock investors purchased 121,286 put options on the stock. This represents an increase of approximately 94% compared to the average volume of 62,458 put options.
Medical Properties Trust Stock Up 5.6 %
Shares of MPW stock traded up $0.32 during midday trading on Friday, reaching $5.90. 37,733,618 shares of the stock were exchanged, compared to its average volume of 13,131,109. Medical Properties Trust has a 1 year low of $3.51 and a 1 year high of $6.55. The firm has a market cap of $3.54 billion, a PE ratio of -1.40, a price-to-earnings-growth ratio of 1.01 and a beta of 1.32. The company's 50 day moving average is $4.44 and its two-hundred day moving average is $4.66. The company has a current ratio of 2.38, a quick ratio of 2.38 and a debt-to-equity ratio of 1.69.
Medical Properties Trust Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Monday, March 10th will be paid a $0.08 dividend. The ex-dividend date of this dividend is Monday, March 10th. This represents a $0.32 annualized dividend and a dividend yield of 5.43%. Medical Properties Trust's payout ratio is -7.58%.
Insider Transactions at Medical Properties Trust
In other Medical Properties Trust news, CAO James Kevin Hanna sold 11,641 shares of the stock in a transaction 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 of the company's stock, valued at $1,364,916.36. This represents a 3.08 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 1.53% of the company's stock.
Institutional Investors Weigh In On Medical Properties Trust
Hedge funds have recently bought and sold shares of the business. Armis Advisers LLC purchased a new stake in shares of Medical Properties Trust in the 4th quarter worth approximately $51,000. GF Fund Management CO. LTD. bought a new stake in Medical Properties Trust in the fourth quarter worth $41,000. Novem Group bought a new stake in Medical Properties Trust in the fourth quarter worth $101,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Medical Properties Trust by 4.3% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,676,474 shares of the real estate investment trust's stock worth $14,522,000 after acquiring an additional 150,760 shares during the last quarter. Finally, Nissay Asset Management Corp Japan ADV raised its position in shares of Medical Properties Trust by 5.6% in the 4th quarter. Nissay Asset Management Corp Japan ADV now owns 49,953 shares of the real estate investment trust's stock worth $186,000 after purchasing an additional 2,661 shares during the last quarter. Institutional investors own 71.79% of the company's stock.
Wall Street Analysts Forecast Growth
A number of research firms have recently weighed in on MPW. Truist Financial dropped their target price on shares of 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 reduced 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. One analyst has rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $4.92.
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About Medical Properties Trust
(
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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.
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