Insider Selling: Medical Properties Trust CFO Sells 30,000 Shares of Stock (MPW)
Medical Properties Trust (NYSE:MPW) CFO R Steven Hamner sold 30,000 shares of the stock in a transaction that occurred on Friday, August 29th. The shares were sold at an average price of $14.09, for a total transaction of $422,700.00. Following the completion of the sale, the chief financial officer now directly owns 1,128,734 shares of the company’s stock, valued at approximately $15,903,862. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Medical Properties Trust (NYSE:MPW) traded down 0.21% during mid-day trading on Tuesday, hitting $14.06. 718,622 shares of the company’s stock traded hands. Medical Properties Trust has a 1-year low of $11.47 and a 1-year high of $14.13. The stock’s 50-day moving average is $13.46 and its 200-day moving average is $13.23. The company has a market cap of $2.414 billion and a P/E ratio of 46.20.
Medical Properties Trust (NYSE:MPW) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.26 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.27 by $0.01. The company had revenue of $76.56 million for the quarter, compared to the consensus estimate of $77.50 million. During the same quarter last year, the company posted $0.24 earnings per share. Medical Properties Trust’s revenue was up 34.0% compared to the same quarter last year. Analysts expect that Medical Properties Trust will post $1.06 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Wednesday, October 15th. Investors of record on Thursday, September 18th will be given a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 5.97%. The ex-dividend date of this dividend is Tuesday, September 16th.
Medical Properties Trust, Inc is a self-advised real estate investment trust (NYSE:MPW) focused on investing in and owning net-leased healthcare facilities.
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