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

Medical Properties Trust, Inc. (NYSE:MPW) saw unusually large options trading on Thursday. Stock traders acquired 78,506 put options on the company. This represents an increase of approximately 37% compared to the average daily volume of 57,171 put options.

Medical Properties Trust Trading Down 6.7 %

NYSE:MPW opened at $5.15 on Friday. The company has a fifty day moving average of $5.60 and a 200 day moving average of $4.80. Medical Properties Trust has a 52 week low of $3.51 and a 52 week high of $6.55. The company has a quick ratio of 2.38, a current ratio of 2.38 and a debt-to-equity ratio of 1.69. The firm has a market capitalization of $3.12 billion, a P/E ratio of -1.22, a P/E/G ratio of 1.01 and a beta of 1.27.

Medical Properties Trust (NYSE:MPW) last posted its quarterly earnings results on Thursday, May 1st. The real estate investment trust reported $0.14 EPS for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.01). The company had revenue of $223.80 million for the quarter, compared to the consensus estimate of $233.80 million. During the same period in the prior year, the company earned $0.24 EPS. The firm’s revenue was down 17.5% compared to the same quarter last year. On average, research analysts predict that Medical Properties Trust will post 0.78 earnings per share for the current year.

Medical Properties Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 10th. Shareholders of record on Monday, March 10th were issued a $0.08 dividend. The ex-dividend date of this dividend was Monday, March 10th. This represents a $0.32 annualized dividend and a yield of 6.21%. Medical Properties Trust’s dividend payout ratio (DPR) is presently -8.42%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Left Brain Wealth Management LLC bought a new position in Medical Properties Trust in the 1st quarter worth $121,000. CWM LLC raised its holdings in Medical Properties Trust by 103.2% in the 1st quarter. CWM LLC now owns 32,684 shares of the real estate investment trust’s stock worth $197,000 after purchasing an additional 16,601 shares in the last quarter. Sage Rhino Capital LLC raised its holdings in Medical Properties Trust by 24.8% in the 1st quarter. Sage Rhino Capital LLC now owns 27,823 shares of the real estate investment trust’s stock worth $168,000 after purchasing an additional 5,524 shares in the last quarter. M&T Bank Corp raised its holdings in Medical Properties Trust by 1.8% in the 1st quarter. M&T Bank Corp now owns 297,664 shares of the real estate investment trust’s stock worth $1,795,000 after purchasing an additional 5,339 shares in the last quarter. Finally, Penserra Capital Management LLC increased its stake in shares of Medical Properties Trust by 21.1% in the 1st quarter. Penserra Capital Management LLC now owns 259,453 shares of the real estate investment trust’s stock worth $1,564,000 after acquiring an additional 45,201 shares in the last quarter. 71.79% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

MPW has been the subject of a number of recent research reports. BNP Paribas upgraded Medical Properties Trust from a “neutral” rating to an “outperform” rating and boosted their target price for the stock from $5.00 to $9.00 in a research report on Wednesday, March 12th. Wells Fargo & Company boosted their target price on Medical Properties Trust from $4.00 to $5.00 and gave the stock an “underweight” rating in a research report on Monday, March 10th. Royal Bank of Canada boosted their target price on Medical Properties Trust from $4.00 to $5.00 and gave the stock a “sector perform” rating in a research report on Monday, March 10th. Finally, StockNews.com upgraded Medical Properties Trust from a “sell” rating to a “hold” rating in a research report on Monday, March 3rd. One investment analyst has rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $5.75.

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.