EPR Properties (NYSE:EPR) EVP Sells $404,175.00 in Stock

EPR Properties (NYSE:EPR) EVP Gregory Zimmerman sold 7,500 shares of the company’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $53.89, for a total value of $404,175.00. Following the completion of the transaction, the executive vice president owned 66,294 shares of the company’s stock, valued at $3,572,583.66. The trade was a 10.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

EPR Properties Stock Up 1.2%

EPR opened at $56.04 on Thursday. The company has a debt-to-equity ratio of 1.19, a current ratio of 7.21 and a quick ratio of 7.21. The stock has a market capitalization of $4.27 billion, a price-to-earnings ratio of 24.47, a price-to-earnings-growth ratio of 3.28 and a beta of 0.99. The business has a 50-day moving average of $52.08 and a two-hundred day moving average of $53.49. EPR Properties has a 12 month low of $41.75 and a 12 month high of $61.24.

EPR Properties Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, February 17th. Shareholders of record on Friday, January 30th will be issued a $0.295 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date is Friday, January 30th. EPR Properties’s dividend payout ratio (DPR) is 154.59%.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. JPMorgan Chase & Co. cut their target price on EPR Properties from $65.00 to $58.00 and set an “overweight” rating on the stock in a research report on Tuesday, December 2nd. Truist Financial lifted their price objective on EPR Properties from $55.00 to $57.00 and gave the company a “hold” rating in a research note on Tuesday, November 18th. Wells Fargo & Company decreased their target price on EPR Properties from $56.00 to $54.00 and set an “equal weight” rating for the company in a report on Tuesday, November 25th. Royal Bank Of Canada restated a “sector perform” rating and issued a $58.00 price target on shares of EPR Properties in a report on Friday, January 30th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of EPR Properties in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $58.36.

Hedge Funds Weigh In On EPR Properties

Institutional investors and hedge funds have recently bought and sold shares of the stock. Fourth Dimension Wealth LLC raised its stake in shares of EPR Properties by 66.7% during the fourth quarter. Fourth Dimension Wealth LLC now owns 500 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 200 shares during the period. Caitong International Asset Management Co. Ltd purchased a new stake in EPR Properties during the 3rd quarter worth $26,000. True Wealth Design LLC lifted its holdings in EPR Properties by 99.6% in the 3rd quarter. True Wealth Design LLC now owns 461 shares of the real estate investment trust’s stock worth $27,000 after buying an additional 230 shares in the last quarter. Atlantic Union Bankshares Corp purchased a new position in EPR Properties in the 3rd quarter valued at about $27,000. Finally, Strategic Advocates LLC purchased a new position in EPR Properties in the 3rd quarter valued at about $27,000. Hedge funds and other institutional investors own 74.66% of the company’s stock.

About EPR Properties

EPR Properties is a real estate investment trust that specializes in experiential properties across the United States, Canada and select international markets. Established in 1997 and headquartered in Kansas City, Missouri, the company targets properties in the entertainment, recreation and education sectors. Its portfolio includes movie theaters, ski resorts, family entertainment centers, charter schools and other venues that benefit from consumer-driven experiences.

The trust employs long-term, triple-net lease agreements, where tenants are responsible for real estate taxes, insurance and maintenance.