Tonya L. Mater Sells 3,120 Shares of EPR Properties (NYSE:EPR) Stock

EPR Properties (NYSE:EPR) CAO Tonya L. Mater sold 3,120 shares of the stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $51.90, for a total transaction of $161,928.00. Following the completion of the sale, the chief accounting officer now directly owns 46,827 shares in the company, valued at approximately $2,430,321.30. The trade was a 6.25 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

EPR Properties Price Performance

EPR opened at $51.32 on Thursday. The company has a current ratio of 7.81, a quick ratio of 7.81 and a debt-to-equity ratio of 1.19. The stock has a market capitalization of $3.90 billion, a P/E ratio of 22.22 and a beta of 1.72. The stock has a 50-day moving average price of $48.93 and a 200-day moving average price of $47.21. EPR Properties has a 12-month low of $39.66 and a 12-month high of $54.25.

EPR Properties (NYSE:EPR) last issued its earnings results on Wednesday, February 26th. The real estate investment trust reported $1.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.56. The business had revenue of $149.12 million during the quarter, compared to analyst estimates of $161.25 million. EPR Properties had a return on equity of 8.22% and a net margin of 28.87%. Equities analysts predict that EPR Properties will post 4.65 earnings per share for the current fiscal year.

EPR Properties Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be issued a dividend of $0.295 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $3.54 annualized dividend and a dividend yield of 6.90%. This is a positive change from EPR Properties’s previous monthly dividend of $0.29. EPR Properties’s dividend payout ratio (DPR) is currently 221.25%.

Analysts Set New Price Targets

Several research firms have issued reports on EPR. Truist Financial increased their target price on shares of EPR Properties from $46.00 to $51.00 and gave the stock a “hold” rating in a research note on Tuesday. Royal Bank of Canada lifted their price objective on EPR Properties from $50.00 to $58.00 and gave the company an “outperform” rating in a research note on Thursday, March 6th. Stifel Nicolaus upped their target price on EPR Properties from $51.00 to $52.00 and gave the stock a “hold” rating in a research note on Thursday, February 27th. Finally, Wells Fargo & Company lifted their price target on EPR Properties from $45.00 to $52.00 and gave the company an “underweight” rating in a research report on Monday, March 10th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $50.75.

Institutional Trading of EPR Properties

Several hedge funds have recently added to or reduced their stakes in the business. Charles Schwab Investment Management Inc. grew its stake in shares of EPR Properties by 4.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,349,900 shares of the real estate investment trust’s stock valued at $66,199,000 after buying an additional 54,567 shares during the last quarter. Algert Global LLC boosted its holdings in EPR Properties by 58.6% during the 3rd quarter. Algert Global LLC now owns 140,626 shares of the real estate investment trust’s stock valued at $6,896,000 after acquiring an additional 51,980 shares during the period. Empowered Funds LLC bought a new position in EPR Properties during the 4th quarter worth approximately $352,000. JPMorgan Chase & Co. increased its stake in EPR Properties by 35.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 673,117 shares of the real estate investment trust’s stock worth $33,010,000 after purchasing an additional 177,061 shares during the period. Finally, Kestra Private Wealth Services LLC lifted its position in EPR Properties by 1.8% in the fourth quarter. Kestra Private Wealth Services LLC now owns 13,739 shares of the real estate investment trust’s stock valued at $608,000 after purchasing an additional 249 shares during the last quarter. 74.66% of the stock is owned by institutional investors.

EPR Properties Company Profile

EPR Properties (NYSE:EPR) is the leading diversified experiential net lease real estate investment trust (REIT), specializing in select enduring experiential properties in the real estate industry. We focus on real estate venues that create value by facilitating out of home leisure and recreation experiences where consumers choose to spend their discretionary time and money.