Insider Selling: EPR Properties (NYSE:EPR) SVP Sells 2,500 Shares of Stock

EPR Properties (NYSE:EPR) SVP Brian Andrew Moriarty sold 2,500 shares of the business’s stock in a transaction on Monday, March 17th. The stock was sold at an average price of $51.99, for a total transaction of $129,975.00. Following the transaction, the senior vice president now directly owns 15,299 shares of the company’s stock, valued at approximately $795,395.01. This represents a 14.05 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

EPR Properties Price Performance

Shares of NYSE:EPR traded down $0.12 during midday trading on Tuesday, reaching $51.82. 134,559 shares of the company’s stock were exchanged, compared to its average volume of 559,822. The company has a debt-to-equity ratio of 1.19, a quick ratio of 7.81 and a current ratio of 7.81. The company’s 50 day simple moving average is $48.67 and its two-hundred day simple moving average is $47.15. EPR Properties has a 12 month low of $39.66 and a 12 month high of $54.25. The firm has a market capitalization of $3.94 billion, a PE ratio of 22.44 and a beta of 1.72.

EPR Properties (NYSE:EPR) last released its quarterly earnings data on Wednesday, February 26th. The real estate investment trust reported $1.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.66 by $0.56. EPR Properties had a return on equity of 8.22% and a net margin of 28.87%. The company had revenue of $149.12 million for the quarter, compared to the consensus estimate of $161.25 million. Equities research analysts expect that EPR Properties will post 4.65 earnings per share for the current fiscal year.

EPR Properties Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be paid a dividend of $0.295 per share. This is a positive change from EPR Properties’s previous monthly dividend of $0.29. This represents a $3.54 annualized dividend and a yield of 6.83%. The ex-dividend date is Monday, March 31st. EPR Properties’s dividend payout ratio is currently 221.25%.

Institutional Investors Weigh In On EPR Properties

Institutional investors and hedge funds have recently made changes to their positions in the company. Brooklyn Investment Group bought a new position in EPR Properties during the 3rd quarter valued at about $27,000. Synergy Investment Management LLC acquired a new stake in shares of EPR Properties during the fourth quarter worth approximately $27,000. GAMMA Investing LLC raised its stake in shares of EPR Properties by 36.6% in the fourth quarter. GAMMA Investing LLC now owns 1,127 shares of the real estate investment trust’s stock valued at $50,000 after acquiring an additional 302 shares during the last quarter. Principal Securities Inc. boosted its holdings in shares of EPR Properties by 54.5% in the 4th quarter. Principal Securities Inc. now owns 1,296 shares of the real estate investment trust’s stock worth $57,000 after acquiring an additional 457 shares in the last quarter. Finally, Brown Brothers Harriman & Co. bought a new stake in EPR Properties during the 4th quarter worth approximately $60,000. Institutional investors and hedge funds own 74.66% of the company’s stock.

Analysts Set New Price Targets

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

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.