Stock Traders Purchase High Volume of Put Options on Medical Properties Trust (NYSE:MPW)

Medical Properties Trust, Inc. (NYSE:MPW) was the target of unusually large options trading on Monday. Stock investors bought 97,514 put options on the company. This represents an increase of 65% compared to the typical daily volume of 59,011 put options.

Analyst Ratings Changes

Several research analysts have commented on the company. Truist Financial raised their target price 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 raised shares of Medical Properties Trust from a “neutral” rating to a “buy” rating and set a $6.50 target price on the stock in a report on Friday, September 13th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, Medical Properties Trust currently has a consensus rating of “Hold” and a consensus target price of $5.50.

Insider Buying and Selling

In related news, Director Elizabeth N. Pitman bought 8,087 shares of Medical Properties Trust stock in a transaction dated Wednesday, September 18th. The stock was purchased at an average cost of $6.01 per share, with a total value of $48,602.87. Following the transaction, the director now directly owns 76,740 shares of the company’s stock, valued at approximately $461,207.40. The trade was a 11.78 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Michael G. Stewart sold 32,780 shares of Medical Properties Trust stock in a transaction that occurred on Wednesday, October 9th. The stock was sold at an average price of $5.46, for a total transaction of $178,978.80. Following the completion of the sale, the director now directly owns 221,245 shares in the company, valued at $1,207,997.70. This trade represents a 12.90 % decrease in their position. The disclosure for this sale can be found here. 1.53% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Medical Properties Trust

A number of large investors have recently modified their holdings of the stock. Wolverine Asset Management LLC increased its position in 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 valued at $3,030,000 after buying an additional 112,721 shares in the last quarter. Thrivent Financial for Lutherans grew its stake in shares of Medical Properties Trust by 22.1% in the second quarter. Thrivent Financial for Lutherans now owns 793,003 shares of the real estate investment trust’s stock worth $3,418,000 after acquiring an additional 143,309 shares during the last quarter. International Assets Investment Management LLC increased its holdings in shares of Medical Properties Trust by 378.4% during the third quarter. International Assets Investment Management LLC now owns 885,983 shares of the real estate investment trust’s stock valued at $5,183,000 after acquiring an additional 700,783 shares in the last quarter. Algert Global LLC raised its position in shares of Medical Properties Trust by 91.5% in the 2nd quarter. Algert Global LLC now owns 183,881 shares of the real estate investment trust’s stock worth $793,000 after purchasing an additional 87,881 shares during the last quarter. Finally, Advisors Asset Management Inc. boosted its stake in Medical Properties Trust by 16.4% in the 3rd quarter. Advisors Asset Management Inc. now owns 1,367,257 shares of the real estate investment trust’s stock worth $7,998,000 after purchasing an additional 192,955 shares in the last quarter. Institutional investors own 71.79% of the company’s stock.

Medical Properties Trust Trading Up 3.9 %

Shares of MPW opened at $4.48 on Tuesday. The stock has a market capitalization of $2.69 billion, a P/E ratio of -1.06, a PEG ratio of 0.66 and a beta of 1.32. Medical Properties Trust has a twelve month low of $2.92 and a twelve month 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 fifty day simple moving average of $5.03 and a two-hundred day simple moving average of $4.91.

Medical Properties Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 9th. Investors of record on Thursday, December 12th will be issued a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 7.14%. The ex-dividend date is Thursday, December 12th. Medical Properties Trust’s dividend payout ratio (DPR) 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.