EPR Properties (NYSE:EPR - Get Free Report) SVP Brian Andrew Moriarty sold 2,500 shares of the company's stock in a transaction dated 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 owns 15,299 shares of the company's stock, valued at $795,395.01. This represents a 14.05 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
EPR Properties Trading Down 0.3 %
Shares of NYSE EPR opened at $51.80 on Wednesday. The company has a quick ratio of 7.81, a current ratio of 7.81 and a debt-to-equity ratio of 1.19. EPR Properties has a 12 month low of $39.66 and a 12 month high of $54.25. The company has a market cap of $3.94 billion, a price-to-earnings ratio of 22.42 and a beta of 1.72. The business has a fifty day simple moving average of $48.81 and a 200-day simple moving average of $47.18.
EPR Properties (NYSE:EPR - Get Free Report) last announced its earnings results on Wednesday, February 26th. The real estate investment trust reported $1.22 EPS for the quarter, topping the consensus estimate of $0.66 by $0.56. EPR Properties had a net margin of 28.87% and a return on equity of 8.22%. The company had revenue of $149.12 million during the quarter, compared to analysts' expectations of $161.25 million. Sell-side analysts predict that EPR Properties will post 4.65 EPS for the current year.
EPR Properties Increases Dividend
The firm also recently announced a monthly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be issued a $0.295 dividend. The ex-dividend date is Monday, March 31st. This represents a $3.54 dividend on an annualized basis and a dividend yield of 6.83%. This is a positive change from EPR Properties's previous monthly dividend of $0.29. EPR Properties's dividend payout ratio is presently 221.25%.
Wall Street Analyst Weigh In
EPR has been the topic of several analyst reports. Stifel Nicolaus raised their price target on shares of EPR Properties from $51.00 to $52.00 and gave the company a "hold" rating in a research note on Thursday, February 27th. Truist Financial lifted their target price on EPR Properties from $46.00 to $51.00 and gave the company a "hold" rating in a research note on Tuesday. Wells Fargo & Company increased their price target on EPR Properties from $45.00 to $52.00 and gave the stock an "underweight" rating in a research note on Monday, March 10th. Finally, Royal Bank of Canada increased their target price on shares of EPR Properties from $50.00 to $58.00 and gave the company an "outperform" rating in a research report on Thursday, March 6th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average target price of $50.75.
View Our Latest Stock Analysis on EPR
Institutional Trading of EPR Properties
Hedge funds and other institutional investors have recently modified their holdings of the business. Wealthfront Advisers LLC purchased a new stake in EPR Properties in the 4th quarter worth about $302,313,000. Norges Bank purchased a new position in EPR Properties in the fourth quarter valued at about $41,148,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in EPR Properties by 304.7% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 457,621 shares of the real estate investment trust's stock worth $22,442,000 after purchasing an additional 344,544 shares during the last quarter. American Century Companies Inc. raised its stake in shares of EPR Properties by 44.6% during the 4th quarter. American Century Companies Inc. now owns 1,085,947 shares of the real estate investment trust's stock worth $48,086,000 after purchasing an additional 334,943 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in shares of EPR Properties during the 4th quarter valued at about $13,145,000. Institutional investors and hedge funds own 74.66% of the company's stock.
EPR Properties Company Profile
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Get Free Report)
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.
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