Traders Purchase 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 Monday. Investors bought 120,512 put options on the company. This represents an increase of approximately 97% compared to the typical volume of 61,211 put options.

Medical Properties Trust Stock Performance

Shares of Medical Properties Trust stock traded up $0.10 during midday trading on Monday, hitting $3.93. The company had a trading volume of 21,105,196 shares, compared to its average volume of 15,431,523. The stock has a market cap of $2.36 billion, a PE ratio of -0.93, a P/E/G ratio of 0.62 and a beta of 1.29. Medical Properties Trust has a 1-year low of $2.92 and a 1-year high of $6.55. The business's 50 day simple moving average is $4.15 and its two-hundred day simple moving average is $4.65. The company has a debt-to-equity ratio of 1.69, a current ratio of 2.38 and a quick ratio of 2.38.

Medical Properties Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, December 12th were given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 8.14%. The ex-dividend date was Thursday, December 12th. Medical Properties Trust's dividend payout ratio is presently -7.58%.

Insider Activity

In other news, CAO James Kevin Hanna sold 11,641 shares of the stock in a transaction on Thursday, December 26th. The stock was sold at an average price of $3.72, for a total value of $43,304.52. Following the completion of the sale, the chief accounting officer now owns 366,913 shares in the company, valued at $1,364,916.36. This represents a 3.08 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 1.53% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of MPW. Dimensional Fund Advisors LP raised its stake in shares of Medical Properties Trust by 4.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 8,622,683 shares of the real estate investment trust's stock valued at $37,168,000 after buying an additional 328,184 shares in the last quarter. Silver Point Capital L.P. raised its position in Medical Properties Trust by 155.3% in the third quarter. Silver Point Capital L.P. now owns 6,000,000 shares of the real estate investment trust's stock worth $35,100,000 after purchasing an additional 3,650,000 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Medical Properties Trust by 353.5% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,525,714 shares of the real estate investment trust's stock worth $20,625,000 after purchasing an additional 2,748,245 shares during the period. JPMorgan Chase & Co. boosted its holdings in Medical Properties Trust by 21.7% during the third quarter. JPMorgan Chase & Co. now owns 1,704,785 shares of the real estate investment trust's stock valued at $9,973,000 after purchasing an additional 303,628 shares in the last quarter. Finally, Advisors Asset Management Inc. grew its stake in shares of 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 valued at $7,998,000 after purchasing an additional 192,955 shares during the period. 71.79% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on MPW shares. Mizuho lowered their price target on Medical Properties Trust from $6.00 to $5.00 and set a "neutral" rating for the company in a research note on Thursday, December 5th. Wolfe Research raised Medical Properties Trust to a "hold" rating in a research report on Monday, September 23rd. Finally, Truist Financial lowered their price objective on Medical Properties Trust from $6.00 to $4.00 and set a "hold" rating on the stock in a report on Thursday, December 19th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating to the company. According to MarketBeat, Medical Properties Trust currently has an average rating of "Hold" and an average target price of $4.92.

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.

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