Medical Properties Trust (MPW) has risen sharply, recording gains of 1.28% in the past 4 weeks. However, the stock has corrected -0.33% in the past 1 week, providing a good buying opportunity on dips. Medical Properties Trust (MPW) : During the past 4 weeks, traders have been relatively bearish on Medical Properties Trust (MPW), hence the stock is down -2.96% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.8% relative to the S&P 500. The stock has recorded a 20-day Moving Average of 0.14% and the 50-Day Moving Average is 3.22%.
Medical Properties Trust (NYSE:MPW): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $15.09 and $14.90 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $15.13. The buying momentum continued till the end and the stock did not give up its gains. It closed at $15.08, notching a gain of 0.27% for the day. The total traded volume was 1,525,841 . The stock had closed at $15.04 on the previous day.
The company Insiders own 1.55% of Medical Properties Trust shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -7.63% . Institutional Investors own 81.2% of Medical Properties Trust shares. During last six month period, the net percent change held by insiders has seen a change of -13.82%. In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Executive Vice President & COO) of Medical Properties Trust Inc, Mclean Emmett E had sold 50,000 shares worth of $733,500 in a transaction dated June 16, 2016. In this transaction, 50,000 shares were sold at $14.67 per share.
Medical Properties Trust, Inc. is a self-advised real estate investment trust (REIT) focused on investing in and owning net-leased healthcare facilities. The Company 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 Companys portfolio consists of 138 properties, which include 117 facilities (of the 130 facilities that the Company owns) leased to 27 tenants, 13 under development and the remaining assets in the form of mortgage loans to three operators. The Companys facilities consist of 73 general acute care hospitals, 23 long-term acute care hospitals, 33 inpatient rehabilitation hospitals, three medical office buildings and six wellness centers.