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

Medical Properties Trust, Inc. (NYSE:MPW - Get Free Report) saw some unusual options trading on Friday. Stock traders acquired 108,334 put options on the stock. This represents an increase of 69% compared to the typical daily volume of 64,121 put options.

Institutional Trading of Medical Properties Trust

Hedge funds have recently added to or reduced their stakes in the business. HighTower Advisors LLC increased its holdings in Medical Properties Trust by 8.2% during the 1st quarter. HighTower Advisors LLC now owns 83,236 shares of the real estate investment trust's stock worth $1,755,000 after purchasing an additional 6,318 shares in the last quarter. AlphaCrest Capital Management LLC increased its holdings in Medical Properties Trust by 147.1% during the 1st quarter. AlphaCrest Capital Management LLC now owns 21,434 shares of the real estate investment trust's stock worth $453,000 after purchasing an additional 12,761 shares in the last quarter. Raymond James Trust N.A. increased its holdings in Medical Properties Trust by 15.4% during the 1st quarter. Raymond James Trust N.A. now owns 37,749 shares of the real estate investment trust's stock worth $798,000 after purchasing an additional 5,046 shares in the last quarter. Cibc World Market Inc. increased its holdings in Medical Properties Trust by 11.3% during the 1st quarter. Cibc World Market Inc. now owns 38,588 shares of the real estate investment trust's stock worth $816,000 after purchasing an additional 3,922 shares in the last quarter. Finally, Sei Investments Co. increased its holdings in Medical Properties Trust by 43.9% during the 1st quarter. Sei Investments Co. now owns 807,982 shares of the real estate investment trust's stock worth $17,067,000 after purchasing an additional 246,411 shares in the last quarter. Institutional investors and hedge funds own 71.79% of the company's stock.

Medical Properties Trust Trading Down 2.4 %

Medical Properties Trust stock traded down $0.10 during mid-day trading on Friday, hitting $3.99. 14,464,849 shares of the company's stock were exchanged, compared to its average volume of 22,795,064. The firm has a market capitalization of $2.39 billion, a P/E ratio of -4.24, a PEG ratio of 1.21 and a beta of 1.20. Medical Properties Trust has a fifty-two week low of $2.92 and a fifty-two week high of $10.74. The company has a quick ratio of 2.26, a current ratio of 2.26 and a debt-to-equity ratio of 1.32. The company's 50 day simple moving average is $4.05 and its 200-day simple moving average is $4.38.

Analyst Ratings Changes

Several research firms have recently weighed in on MPW. KeyCorp reiterated a "sector weight" rating on shares of Medical Properties Trust in a research note on Friday, January 5th. Deutsche Bank Aktiengesellschaft started coverage on Medical Properties Trust in a research report on Tuesday, January 30th. They set a "sell" rating and a $2.00 price target on the stock. BNP Paribas upgraded Medical Properties Trust from a "neutral" rating to an "outperform" rating and set a $6.00 price target on the stock in a research report on Friday, March 1st. Mizuho decreased their price target on Medical Properties Trust from $9.00 to $7.00 and set a "neutral" rating on the stock in a research report on Wednesday, January 3rd. Finally, Colliers Securities lowered Medical Properties Trust from a "buy" rating to a "neutral" rating and decreased their price target for the stock from $10.00 to $4.25 in a research report on Wednesday. Six analysts have rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $5.48.

About Medical Properties Trust

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.