Medical Properties Trust, Inc. (NYSE:MPT – Get Free Report) saw unusually large options trading on Wednesday. Stock traders purchased 25,297 put options on the stock. This represents an increase of approximately 109% compared to the typical daily volume of 12,130 put options.
Institutional Trading of Medical Properties Trust
Several institutional investors and hedge funds have recently modified their holdings of MPT. Continuum Advisory LLC acquired a new stake in shares of Medical Properties Trust in the second quarter valued at approximately $31,000. Nykredit A S acquired a new position in shares of Medical Properties Trust during the 2nd quarter worth approximately $41,000. OneAscent Family Office LLC acquired a new position in shares of Medical Properties Trust during the 2nd quarter worth approximately $49,000. Greenspring Advisors LLC purchased a new stake in Medical Properties Trust in the 2nd quarter valued at approximately $54,000. Finally, Callan Family Office LLC purchased a new stake in Medical Properties Trust in the 2nd quarter valued at approximately $66,000. Hedge funds and other institutional investors own 71.79% of the company’s stock.
Medical Properties Trust Stock Performance
Medical Properties Trust stock opened at $4.09 on Thursday. The company has a debt-to-equity ratio of 2.16, a current ratio of 3.12 and a quick ratio of 3.12. The firm has a market capitalization of $2.44 billion, a price-to-earnings ratio of -68.17 and a beta of 1.41. Medical Properties Trust has a fifty-two week low of $3.96 and a fifty-two week high of $6.47. The firm has a fifty day moving average price of $4.50.
Medical Properties Trust Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 8th. Shareholders of record on Thursday, September 10th will be issued a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 8.8%. The ex-dividend date is Thursday, September 10th. Medical Properties Trust’s dividend payout ratio (DPR) is -600.00%.
Analyst Ratings Changes
A number of brokerages have recently issued reports on MPT. Royal Bank Of Canada cut their target price on Medical Properties Trust from $5.00 to $4.50 and set a “sector perform” rating for the company in a research note on Thursday, June 18th. Weiss Ratings lowered Medical Properties Trust from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday, August 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.com, the stock has a consensus rating of “Reduce” and an average price target of $4.50.
Read Our Latest Analysis on Medical Properties Trust
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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