Investors Buy Large Volume of Put Options on Medical Properties Trust (NYSE:MPW)

Key Points

• Investors purchased 40,657 put options for Medical Properties Trust, a notable increase of approximately 40% compared to the average daily volume.
• Institutional ownership is significant, with 71.79% of the stock held by institutional investors and hedge funds, indicating strong interest from larger financial entities.
• Medical Properties Trust reported earnings per share of $0.14, missing the consensus estimate, and experienced a 9.8% year-over-year revenue decline.

Medical Properties Trust, Inc. (NYSE:MPW - Get Free Report) was the target of some unusual options trading activity on Tuesday. Investors acquired 40,657 put options on the company. Thisisanincreaseofapproximately40% compared to the average daily volume of 28,983 put options.

Institutional Trading of Medical Properties Trust

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Versant Capital Management Inc lifted its stake in Medical Properties Trust by 98.1% during the first quarter. Versant Capital Management Inc now owns 6,180 shares of the real estate investment trust's stock valued at $37,000 after purchasing an additional 3,060 shares during the last quarter. Itau Unibanco Holding S.A. acquired a new stake in shares of Medical Properties Trust during the first quarter valued at approximately $41,000. Farther Finance Advisors LLC raised its holdings in shares of Medical Properties Trust by 49.5% during the first quarter. Farther Finance Advisors LLC now owns 7,875 shares of the real estate investment trust's stock valued at $47,000 after acquiring an additional 2,606 shares during the period. Twin Tree Management LP acquired a new stake in shares of Medical Properties Trust during the first quarter valued at approximately $48,000. Finally, Brooklyn Investment Group raised its holdings in shares of Medical Properties Trust by 216.8% during the first quarter. Brooklyn Investment Group now owns 8,135 shares of the real estate investment trust's stock valued at $49,000 after acquiring an additional 5,567 shares during the period. 71.79% of the stock is owned by institutional investors and hedge funds.

Medical Properties Trust Stock Performance

Medical Properties Trust stock traded up $0.06 during midday trading on Tuesday, reaching $4.10. 3,983,919 shares of the stock traded hands, compared to its average volume of 10,634,864. The company has a current ratio of 2.76, a quick ratio of 3.23 and a debt-to-equity ratio of 2.00. The firm has a fifty day moving average price of $4.35 and a two-hundred day moving average price of $4.93. The firm has a market cap of $2.46 billion, a price-to-earnings ratio of -1.71 and a beta of 1.28. Medical Properties Trust has a fifty-two week low of $3.51 and a fifty-two week high of $6.55.

Medical Properties Trust (NYSE:MPW - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The real estate investment trust reported $0.14 earnings per share for the quarter, missing analysts' consensus estimates of $0.15 by ($0.01). The company had revenue of $240.36 million during the quarter, compared to analyst estimates of $231.90 million. Medical Properties Trust had a negative return on equity of 28.80% and a negative net margin of 155.20%. The company's revenue was down 9.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.23 earnings per share. On average, equities research analysts forecast that Medical Properties Trust will post 0.78 earnings per share for the current year.

Medical Properties Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 17th. Investors of record on Wednesday, June 18th were paid a dividend of $0.08 per share. The ex-dividend date of this dividend was Wednesday, June 18th. This represents a $0.32 annualized dividend and a yield of 7.8%. Medical Properties Trust's dividend payout ratio is currently -13.39%.

Wall Street Analysts Forecast Growth

MPW has been the subject of a number of recent research reports. Royal Bank Of Canada lowered their price objective on shares of Medical Properties Trust from $5.00 to $4.50 and set a "sector perform" rating for the company in a research report on Monday, June 30th. Wall Street Zen downgraded shares of Medical Properties Trust from a "hold" rating to a "sell" rating in a research report on Saturday, July 5th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $5.67.

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.

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