EPR Properties (EPR) Hits New 52-Week High at $70.96

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EPR Properties (NYSE:EPR) hit a new 52-week high on Thursday . The company traded as high as $70.96 and last traded at $70.72, with a volume of 16221 shares trading hands. The stock had previously closed at $70.75.

A number of equities research analysts recently weighed in on EPR shares. Citigroup raised their target price on shares of EPR Properties from $60.00 to $65.00 and gave the company a “neutral” rating in a research note on Thursday, August 2nd. Zacks Investment Research raised shares of EPR Properties from a “hold” rating to a “buy” rating and set a $76.00 target price on the stock in a research note on Wednesday, October 3rd. ValuEngine raised shares of EPR Properties from a “sell” rating to a “hold” rating in a research note on Tuesday, October 2nd. Royal Bank of Canada reaffirmed a “buy” rating and issued a $71.00 target price on shares of EPR Properties in a research note on Wednesday, August 15th. Finally, Bank of America raised their target price on shares of EPR Properties from $65.50 to $67.50 and gave the company a “neutral” rating in a research note on Monday, September 10th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and one has issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $70.44.

The company has a market capitalization of $5.26 billion, a P/E ratio of 14.20, a P/E/G ratio of 4.59 and a beta of 0.43. The company has a current ratio of 5.57, a quick ratio of 5.57 and a debt-to-equity ratio of 1.02.

EPR Properties (NYSE:EPR) last posted its quarterly earnings results on Monday, October 29th. The real estate investment trust reported $1.07 EPS for the quarter, topping the consensus estimate of $0.89 by $0.18. The firm had revenue of $176.40 million for the quarter, compared to the consensus estimate of $157.09 million. EPR Properties had a net margin of 40.84% and a return on equity of 9.62%. The business’s revenue was up 16.5% compared to the same quarter last year. During the same period last year, the firm posted $1.22 earnings per share. As a group, analysts anticipate that EPR Properties will post 6.07 EPS for the current fiscal year.

The firm also recently declared a oct 18 dividend, which will be paid on Thursday, November 15th. Shareholders of record on Wednesday, October 31st will be paid a dividend of $0.36 per share. This represents a dividend yield of 6.36%. The ex-dividend date is Tuesday, October 30th. EPR Properties’s dividend payout ratio (DPR) is presently 86.06%.

In other EPR Properties news, CAO Tonya L. Mater sold 4,287 shares of EPR Properties stock in a transaction that occurred on Thursday, November 8th. The shares were sold at an average price of $70.13, for a total transaction of $300,647.31. Following the transaction, the chief accounting officer now directly owns 31,395 shares of the company’s stock, valued at $2,201,731.35. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Michael L. Hirons sold 7,000 shares of EPR Properties stock in a transaction that occurred on Friday, August 17th. The stock was sold at an average price of $69.97, for a total transaction of $489,790.00. The disclosure for this sale can be found here. Insiders have sold 18,537 shares of company stock worth $1,296,125 over the last three months. Insiders own 1.36% of the company’s stock.

Hedge funds have recently bought and sold shares of the business. American International Group Inc. grew its holdings in shares of EPR Properties by 16.0% in the third quarter. American International Group Inc. now owns 151,125 shares of the real estate investment trust’s stock worth $10,338,000 after purchasing an additional 20,821 shares during the last quarter. BlackRock Inc. grew its holdings in shares of EPR Properties by 8.2% in the third quarter. BlackRock Inc. now owns 9,240,026 shares of the real estate investment trust’s stock worth $632,112,000 after purchasing an additional 703,037 shares during the last quarter. Martingale Asset Management L P bought a new position in shares of EPR Properties in the third quarter worth approximately $2,446,000. Bank of New York Mellon Corp grew its holdings in shares of EPR Properties by 7.2% in the third quarter. Bank of New York Mellon Corp now owns 953,630 shares of the real estate investment trust’s stock worth $65,238,000 after purchasing an additional 64,386 shares during the last quarter. Finally, Janus Henderson Group PLC bought a new position in shares of EPR Properties in the third quarter worth approximately $814,000. 89.61% of the stock is currently owned by hedge funds and other institutional investors.

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EPR Properties Company Profile (NYSE:EPR)

EPR Properties is a specialty real estate investment trust (REIT) that invests in properties in select market segments which require unique industry knowledge, while offering the potential for stable and attractive returns. Our total investments exceed $6.7 billion and our primary investment segments are Entertainment, Recreation and Education.

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