Analysts Set EPR Properties (NYSE:EPR) Price Target at $48.06

Shares of EPR Properties (NYSE:EPR) have been assigned a consensus rating of “Hold” from the nine brokerages that are presently covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation, three have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price objective among brokers that have covered the stock in the last year is $48.06.

A number of research analysts recently issued reports on EPR shares. StockNews.com downgraded shares of EPR Properties from a “buy” rating to a “hold” rating in a research report on Thursday, August 1st. Stifel Nicolaus increased their price objective on shares of EPR Properties from $42.50 to $47.50 and gave the stock a “hold” rating in a research report on Thursday, August 1st. JMP Securities reaffirmed a “market perform” rating on shares of EPR Properties in a research report on Friday, June 14th. Bank of America lowered EPR Properties from a “neutral” rating to an “underperform” rating and cut their price target for the stock from $45.00 to $40.00 in a report on Monday, May 20th. Finally, Raymond James upgraded EPR Properties from an “outperform” rating to a “strong-buy” rating and set a $54.00 price objective for the company in a report on Wednesday, August 21st.

EPR Properties Price Performance

Shares of EPR opened at $47.56 on Wednesday. The firm has a market cap of $3.60 billion, a PE ratio of 23.43 and a beta of 1.73. EPR Properties has a 52-week low of $39.65 and a 52-week high of $49.10. The business’s 50 day moving average price is $44.31 and its two-hundred day moving average price is $42.42. The company has a debt-to-equity ratio of 1.16, a quick ratio of 11.12 and a current ratio of 11.12.

EPR Properties Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, September 16th. Shareholders of record on Friday, August 30th will be issued a dividend of $0.285 per share. This represents a $3.42 dividend on an annualized basis and a yield of 7.19%. The ex-dividend date of this dividend is Friday, August 30th. EPR Properties’s dividend payout ratio is 168.47%.

Insider Transactions at EPR Properties

In related news, CAO Tonya L. Mater sold 1,000 shares of the firm’s stock in a transaction dated Wednesday, August 21st. The shares were sold at an average price of $46.00, for a total transaction of $46,000.00. Following the transaction, the chief accounting officer now directly owns 42,710 shares of the company’s stock, valued at $1,964,660. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other EPR Properties news, SVP Gwendolyn Mary Johnson sold 592 shares of the company’s stock in a transaction on Monday, August 5th. The stock was sold at an average price of $43.82, for a total value of $25,941.44. Following the completion of the transaction, the senior vice president now owns 5,780 shares in the company, valued at approximately $253,279.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Tonya L. Mater sold 1,000 shares of EPR Properties stock in a transaction on Wednesday, August 21st. The stock was sold at an average price of $46.00, for a total value of $46,000.00. Following the sale, the chief accounting officer now owns 42,710 shares in the company, valued at $1,964,660. The disclosure for this sale can be found here. Company insiders own 2.13% of the company’s stock.

Hedge Funds Weigh In On EPR Properties

Several institutional investors have recently added to or reduced their stakes in EPR. Creative Planning increased its position in EPR Properties by 20.1% in the second quarter. Creative Planning now owns 16,353 shares of the real estate investment trust’s stock worth $686,000 after buying an additional 2,733 shares during the last quarter. Algert Global LLC increased its holdings in EPR Properties by 369.7% in the 2nd quarter. Algert Global LLC now owns 88,646 shares of the real estate investment trust’s stock worth $3,721,000 after acquiring an additional 69,774 shares during the last quarter. Liberty Mutual Group Asset Management Inc. raised its stake in EPR Properties by 34.9% in the 2nd quarter. Liberty Mutual Group Asset Management Inc. now owns 65,327 shares of the real estate investment trust’s stock valued at $2,742,000 after acquiring an additional 16,897 shares during the period. AQR Capital Management LLC lifted its holdings in EPR Properties by 64.1% during the second quarter. AQR Capital Management LLC now owns 1,044,134 shares of the real estate investment trust’s stock valued at $43,279,000 after purchasing an additional 407,767 shares during the last quarter. Finally, AXA S.A. bought a new position in EPR Properties during the second quarter worth about $1,391,000. Institutional investors own 74.66% of the company’s stock.

About EPR Properties

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.