Stock Traders Purchase High Volume of Medical Properties Trust Put Options (NYSE:MPW)

Medical Properties Trust, Inc. (NYSE:MPWGet Rating) was the recipient of some unusual options trading activity on Wednesday. Stock traders bought 15,947 put options on the stock. This is an increase of 93% compared to the typical daily volume of 8,272 put options.

Medical Properties Trust Stock Down 0.4 %

Shares of NYSE MPW opened at $16.01 on Friday. The company has a market capitalization of $9.61 billion, a P/E ratio of 8.56, a price-to-earnings-growth ratio of 0.93 and a beta of 0.75. Medical Properties Trust has a 52-week low of $14.10 and a 52-week high of $24.13. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.64 and a current ratio of 1.64. The company’s 50 day moving average price is $16.14 and its 200-day moving average price is $18.85.

Medical Properties Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, July 14th. Stockholders of record on Thursday, June 16th were given a $0.29 dividend. The ex-dividend date of this dividend was Wednesday, June 15th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 7.25%. Medical Properties Trust’s dividend payout ratio (DPR) is currently 62.03%.

Analyst Ratings Changes

Several equities analysts have commented on the stock. KeyCorp decreased their target price on shares of Medical Properties Trust from $23.00 to $18.00 and set an “overweight” rating on the stock in a report on Thursday, July 7th. Barclays decreased their target price on shares of Medical Properties Trust from $27.00 to $23.00 and set an “overweight” rating on the stock in a report on Thursday. Mizuho decreased their price target on shares of Medical Properties Trust from $26.00 to $20.00 and set a “buy” rating on the stock in a report on Friday, July 29th. JPMorgan Chase & Co. lowered shares of Medical Properties Trust from an “overweight” rating to a “neutral” rating and decreased their price target for the company from $24.00 to $18.00 in a report on Wednesday, June 22nd. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on shares of Medical Properties Trust from $20.00 to $17.00 and set a “hold” rating on the stock in a report on Wednesday, July 13th. Seven analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $19.64.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Northwestern Mutual Investment Management Company LLC lifted its position in shares of Medical Properties Trust by 0.5% in the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 98,849 shares of the real estate investment trust’s stock worth $2,336,000 after purchasing an additional 445 shares during the period. Dupont Capital Management Corp lifted its position in shares of Medical Properties Trust by 0.6% during the 4th quarter. Dupont Capital Management Corp now owns 83,991 shares of the real estate investment trust’s stock valued at $1,985,000 after acquiring an additional 466 shares during the period. Lazard Asset Management LLC lifted its position in shares of Medical Properties Trust by 2.2% during the 4th quarter. Lazard Asset Management LLC now owns 22,015 shares of the real estate investment trust’s stock valued at $519,000 after acquiring an additional 466 shares during the period. Investment Management of Virginia LLC lifted its position in shares of Medical Properties Trust by 1.4% during the 4th quarter. Investment Management of Virginia LLC now owns 35,100 shares of the real estate investment trust’s stock valued at $830,000 after acquiring an additional 500 shares during the period. Finally, Samalin Investment Counsel LLC lifted its position in shares of Medical Properties Trust by 5.2% during the 1st quarter. Samalin Investment Counsel LLC now owns 11,853 shares of the real estate investment trust’s stock valued at $251,000 after acquiring an additional 583 shares during the period. Institutional investors and hedge funds own 82.27% of the company’s stock.

Medical Properties Trust Company Profile

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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 hospitals with 431 facilities and roughly 43,000 licensed beds in nine countries and across four continents on a pro forma basis.

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