Medical Properties Trust Inc (MPW): Sherry A Kellett , director of Medical Properties Trust Inc sold 24,000 shares on May 26, 2016. The Insider selling transaction was reported by the company on May 31, 2016 to the Securities and Exchange Commission. The shares were sold at $14.46 per share for a total value of $347,040.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 13, 2016, R Steven Hamner (Executive Vice President & CFO) sold 155,000 shares at $13.18 per share price.On Apr 13, 2016, Emmett E Mclean (Executive Vice President & COO) sold 50,000 shares at $13.27 per share price.Also, On Mar 18, 2015, Edward K Jr Aldag (Chairman, President and CEO) sold 204,156 shares at $14.47 per share price.On Mar 6, 2015, Daniel Paul Sparks (director) purchased 1,000 shares at $14.19 per share price.
Medical Properties Trust: On Friday, May 27, 2016 heightened volatility was witnessed in Medical Properties Trust which led to swings in the share price. The shares opened for trading at $14.5 and hit $14.7 on the upside , eventually ending the session at $14.65, with a gain of 0.83% or 0.12 points. The heightened volatility saw the trading volume jump to 15,33,555 shares. The 52-week high of the share price is $14.7 and the company has a market cap of $3,485 M . The 52-week low of the share price is at $9.61.
On May 19, 2016, Medical Properties Trust announced a cash dividend of $0.2300. The company’s management has announced Jun 14, 2016 as the ex-dividend date and fixed the record date on Jun 16, 2016. The payable date has been fixed on Jul 14, 2016.
Company has been under the radar of several Street Analysts.Medical Properties Trust is Initiated by SunTrust to Buy. The Rating was issued on May 24, 2016.
Medical Properties Trust Inc. is a self-advised real estate investment trust (REIT) focused on investing in and owning net-leased healthcare facilities. It conducts all of its business through MPT Operating Partnership L.P. It acquires and develops healthcare facilities and leases the facilities to healthcare operating companies under long-term net leases. It also makes mortgage loans to healthcare operators collateralized by their real estate assets. The Company’s portfolio consists of 202 properties which includes 179 facilities that the Company owns and 14 properties controlled in the form of mortgage loans. The properties are leased/mortgaged to 29 tenants located in 28 states and Germany United Kingdom Italy and Spain. Of the total portfolio 9 facilities are under development. Its facilities consist of 64 general acute care hospitals 69 inpatient rehabilitation hospitals 23 long-term acute care hospitals 43 free standing emergency rooms and 3 medical office buildings.