Medical Properties Trust, Inc. (NYSE:MPW) marched up 32.56% compared to a 52-week low price of $13.79. The shares were last seen trading 0.49% higher, taking the closing price at $18.28 on 6/19/2019. At a recent session, the prices were hovering between $18.02 and $18.35. This company shares are 3.61% off its target price of $18.94 and the current market capitalization stands at $7.21B. The recent change has given its price a 1.8% lead over SMA 50 and -3.38% deficit over its 52-week high. The stock witnessed 1.67% gains, -0.33% declines and 13.47% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found MPW’s volatility during a week at 1.4% and during a month it has been found around 1.72%.
What Does Medical Properties Trust, Inc. (MPW) Do?
The company describes itself in regulatory filings as, “Medical Properties Trust, Inc. is a self-advised real estate investment trust, which engages in investing and owning net-leased healthcare facilities across the United States of America and selective foreign countries. It focuses on funding hospitals and other facilities where patients must be admitted by doctors. The company was founded by Edward K. Aldag Jr., R. Steven Hamner, Emmett E McLean, and William G. McKenzie on August 27, 2003 and is headquartered in Birmingham, AL.” [Text can be found here: https://www.marketwatch.com/investing/stock/MPW/profile under company description.]Medical Properties Trust, Inc. (MPW) Top Holders
Institutional investors currently hold around $5.88 billion or 83.4% in MPW stock. Look at its top three institutional owners: Vanguard Group Inc owns $1.04 billion in Medical Properties Trust, Inc., which represents roughly 14.39% of the company’s market cap and approximately 17.65% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 44,368,188 shares of the stock are valued at $807.06 million. The third largest holder is Massachusetts Financial Services Co /Ma/, which currently holds $401.69 million worth of this stock and that ownership represents nearly 5.57% of its market capitalization.
At the end of March reporting period, 290 institutional holders increased their position in Medical Properties Trust, Inc. (NYSE:MPW) by some 44,242,147 shares, 164 decreased positions by 16,399,665 and 52 held positions by 262,508,907. That puts total institutional holdings at 323,150,719 shares, according to SEC filings. The stock grabbed 88 new institutional investments totaling 6,486,258 shares while 43 institutional investors sold out their entire positions totaling 4,301,202 shares.Medical Properties Trust, Inc. (NYSE:MPW) Insider Trades
Multiple company employees have indulged in significant insider trading. Medical Properties Trust, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director Stewart Michael G has sold 6,830 shares of Medical Properties Trust, Inc. (MPW) in the trading session dated Jun. 07, 2019. These shares are worth $126,150 and were traded at $18.47 each. The SEC filing shows that Aldag Edward K JR performed a sale of 273,577 shares. The Chairman, President & CEO disposed these shares by way of transaction on Mar. 22, 2019. The company’s shares were given away at $18.72 per share worth to an income of some $5,121,361 to the account of Aldag Edward K JR.
VP, Controller & CAO, Hanna James Kevin, sold 18,000 common shares of Medical Properties Trust, Inc. (MPW) in the open market. In a transaction dated Feb. 11, 2019, the shares were put up for sale at an average price of $18.37, raking in a sum of $330,660. After this sale, 76,318 common shares of MPW are directly owned by the insider, with total stake valued at $1,395,093.
In the transaction dated Dec. 04, 2018, a great number of shares sold came courtesy the Executive Vice President & COO; McLean Emmett E disposed a total of 50,000 shares at an average price of $17.4, amounting to approximately $870,000. The insider now directly owns 913,965 shares worth $16,707,280.Medical Properties Trust, Inc. (MPW) Analyst Guide
Several analysts have released their opinion on Medical Properties Trust, Inc. (NYSE:MPW), with 1 analysts believing it is a strong buy. Whereas 7 of them predict the stock is a hold. Also, there are 3 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2.55 average brokerage recommendation [T1].