Medical Properties Trust Sees Unusually Large Options Volume (NYSE:MPT)

Key Points

• Unusual bearish options activity: Investors purchased 88,203 put options on Medical Properties Trust, roughly 776% above its average daily volume.
• Shares fell sharply: MPT dropped 12.6% to $4.11, near its 12-month low of $3.95, amid trading volume well above average.
• Analyst sentiment remains negative: The stock has a consensus “Reduce” rating and a $4.50 average price target, while institutional investors own 71.79% of shares.

Medical Properties Trust, Inc. (NYSE:MPT - Get Free Report) was the recipient of some unusual options trading on Monday. Stock investors acquired 88,203 put options on the company. This represents an increase of approximately 776% compared to the average daily volume of 10,073 put options.

Analyst Ratings Changes

Several equities analysts have recently commented on MPT shares. Weiss Ratings cut Medical Properties Trust from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Tuesday, August 4th. Royal Bank Of Canada cut their price target on shares of Medical Properties Trust from $5.00 to $4.50 and set a "sector perform" rating on the stock in a report on Thursday, June 18th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Reduce" and an average price target of $4.50.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Kestra Private Wealth Services LLC bought a new stake in shares of Medical Properties Trust during the 2nd quarter valued at about $92,000. Nadler Financial Group Inc. bought a new stake in shares of Medical Properties Trust in the 2nd quarter worth approximately $97,000. Ethic Inc. bought a new stake in Medical Properties Trust in the second quarter valued at $112,000. Focus Partners Advisor Solutions LLC acquired a new position in Medical Properties Trust during the 2nd quarter valued at about $124,000. Finally, Meeder Advisory Services Inc. acquired a new position in shares of Medical Properties Trust during the second quarter worth approximately $130,000. 71.79% of the stock is currently owned by institutional investors.

Medical Properties Trust Trading Down 12.6%

NYSE MPT traded down $0.59 on Monday, hitting $4.11. 19,099,389 shares of the stock traded hands, compared to its average volume of 6,153,672. The company has a debt-to-equity ratio of 2.13, a current ratio of 3.11 and a quick ratio of 3.11. The company has a 50-day moving average price of $4.72. Medical Properties Trust has a twelve month low of $3.95 and a twelve month high of $6.47. The stock has a market capitalization of $2.46 billion, a P/E ratio of -19.57 and a beta of 1.41.

Medical Properties Trust (NYSE:MPT - Get Free Report) last issued its quarterly earnings results on Monday, August 10th. The company reported $0.15 earnings per share for the quarter, meeting analysts' consensus estimates of $0.15. The business had revenue of $259.28 million during the quarter. Medical Properties Trust had a negative return on equity of 2.70% and a negative net margin of 12.59%.The company's revenue for the quarter was up 7.9% on a year-over-year basis. As a group, equities research analysts expect that Medical Properties Trust will post 0.63 earnings per share for the current year.

Medical Properties Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 16th. Shareholders of record on Thursday, June 18th were paid a dividend of $0.09 per share. The ex-dividend date was Thursday, June 18th. This represents a $0.36 annualized dividend and a yield of 8.8%. Medical Properties Trust's payout ratio is presently -171.43%.

About Medical Properties Trust

Medical Properties Trust, Inc NYSE: MPT is a real estate investment trust (REIT) that acquires, owns and finances hospitals and other healthcare facilities. Founded in 2003 by Edward K. Aldag Jr., the company’s business model centers on providing real estate capital to healthcare operators through long-term leases, sale-leaseback transactions, build-to-suit developments and mortgage financing. By specializing in healthcare real estate, MPT aims to deliver steady rental income and asset-based returns while enabling operators to access capital for clinical operations and growth.

The company’s portfolio primarily comprises acute care hospitals, inpatient rehabilitation hospitals, long-term acute care facilities, behavioral health centers and other specialty hospitals.

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