AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
Highlights
- James Kevin Hanna reduced his stake in Medical Properties Trust, Inc. by 3.08%.
- Medical Properties Trust declared a quarterly dividend of $0.08 per share.
- Institutional investors own over 70% of the company's stock.
Medical Properties Trust Inc. a leading player in healthcare real estate, has seen notable movements in its stock and institutional ownership. As part of the NYSE Infrastructure and Real Estate Stocks, the company continues to attract attention in the market. This article highlights key updates surrounding its stock activity, executive transactions, and dividends.
James Kevin Hanna Sells Shares in Medical Properties Trust, Inc. (NYSE:MPW)
James Kevin Hanna, the Chief Accounting Officer of Medical Properties Trust, Inc. recently sold 11,641 shares of the company on December 26th. The transaction amounted to $43,304.52, with the shares sold at an average price of $3.72. After the sale, Hanna now holds 366,913 shares, valued at approximately $1.36 million. This sale reflects a 3.08% reduction in his overall stake in the company.
Medical Properties Trust Stock Activity
On the same day, shares of Medical Properties Trust saw slight movement, trading down by $0.01 to close at $3.76. The company’s trading volume was 11,073,962, lower than the average daily volume of 16,346,901. Over the past year, the stock has seen a low of $2.92 and a high of $6.55. The company has reported a market capitalization of $2.26 billion, along with a price-to-earnings ratio of -0.89, which indicates negative earnings.
Company Fundamentals
Medical Properties Trust has a healthy liquidity position with a current ratio and quick ratio both standing at 2.38. Its debt-to-equity ratio is 1.69, which is relatively high and indicative of significant leverage. The stock’s moving averages show a 50-day average price of $4.34 and a 200-day average of $4.73, suggesting relatively stable pricing over recent months.
Recent Dividend Declaration
The company also declared a quarterly dividend of $0.08 per share, payable to stockholders of record on December 12th, with payment scheduled for January 9th. This represents an annualized dividend of $0.32 and provides a dividend yield of 8.51%. However, the company's payout ratio stands at -7.58%, which suggests that the dividend is not fully supported by its earnings.
Institutional Holdings in Medical Properties Trust
Medical Properties Trust has a significant presence in institutional investing. Recent filings show increased activity from major institutional investors. For instance, JPMorgan Chase & Co. increased its stake by 21.7% during the third quarter, now owning over 1.7 million shares. Other institutional players, such as Sanctuary Advisors LLC and M&T Bank Corp, have also adjusted their holdings, continuing to accumulate more shares. Collectively, institutional investors own around 71.79% of the company’s stock.
