Medical Properties Trust, Inc. (NYSE:MPW – Get Free Report) saw unusually large options trading activity on Tuesday. Stock traders purchased 40,657 put options on the stock. Thisisanincreaseof40% compared to the typical daily volume of 28,983 put options.
Wall Street Analyst Weigh In
Several equities research analysts have issued reports on MPW shares. Wall Street Zen cut shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a research note on Saturday, July 5th. Royal Bank Of Canada decreased 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 research note on Monday, June 30th. Two analysts have rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $5.67.
View Our Latest Stock Analysis on MPW
Medical Properties Trust Price Performance
Medical Properties Trust (NYSE:MPW – Get Free Report) last released its earnings results on Thursday, July 31st. The real estate investment trust reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.01). Medical Properties Trust had a negative return on equity of 28.80% and a negative net margin of 155.20%. The company had revenue of $240.36 million during the quarter, compared to analyst estimates of $231.90 million. During the same period in the prior year, the business posted $0.23 earnings per share. Medical Properties Trust’s revenue was down 9.8% on a year-over-year basis. As a group, sell-side analysts expect that Medical Properties Trust will post 0.78 EPS for the current year.
Medical Properties Trust Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Thursday, July 17th. Investors of record on Wednesday, June 18th were given a $0.08 dividend. The ex-dividend date of this dividend was Wednesday, June 18th. This represents a $0.32 annualized dividend and a dividend yield of 7.6%. Medical Properties Trust’s dividend payout ratio (DPR) is currently -13.39%.
Institutional Investors Weigh In On Medical Properties Trust
Hedge funds have recently modified their holdings of the stock. Novem Group raised its holdings in Medical Properties Trust by 8.1% in the first quarter. Novem Group now owns 27,606 shares of the real estate investment trust’s stock valued at $166,000 after buying an additional 2,058 shares during the period. Beacon Financial Advisory LLC raised its holdings in Medical Properties Trust by 13.4% in the first quarter. Beacon Financial Advisory LLC now owns 20,196 shares of the real estate investment trust’s stock valued at $122,000 after buying an additional 2,386 shares during the period. Sei Investments Co. raised its holdings in Medical Properties Trust by 6.6% in the fourth quarter. Sei Investments Co. now owns 39,252 shares of the real estate investment trust’s stock valued at $155,000 after buying an additional 2,438 shares during the period. HB Wealth Management LLC raised its holdings in Medical Properties Trust by 7.1% in the first quarter. HB Wealth Management LLC now owns 38,657 shares of the real estate investment trust’s stock valued at $233,000 after buying an additional 2,575 shares during the period. Finally, Farther Finance Advisors LLC raised its holdings in Medical Properties Trust by 49.5% in the first quarter. Farther Finance Advisors LLC now owns 7,875 shares of the real estate investment trust’s stock valued at $47,000 after buying an additional 2,606 shares during the period. 71.79% of the stock is owned by institutional investors and hedge funds.
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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