EPR Properties (NYSE:EPR) SVP Gwendolyn Mary Johnson Sells 3,900 Shares of Stock

EPR Properties (NYSE:EPR) SVP Gwendolyn Mary Johnson sold 3,900 shares of the firm’s stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $54.02, for a total value of $210,678.00. Following the transaction, the senior vice president now directly owns 8,216 shares of the company’s stock, valued at $443,828.32. This represents a 32.19 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

EPR Properties Price Performance

Shares of NYSE EPR opened at $53.76 on Tuesday. EPR Properties has a twelve month low of $39.65 and a twelve month high of $54.25. The firm has a market cap of $4.07 billion, a P/E ratio of 23.27 and a beta of 1.75. The company has a 50 day moving average of $47.05 and a 200 day moving average of $46.75. 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 (NYSE:EPR) last released its quarterly earnings data on Wednesday, February 26th. The real estate investment trust reported $1.22 EPS for the quarter, beating the consensus estimate 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 analysts’ expectations of $161.25 million. As a group, research analysts expect that EPR Properties will post 4.65 EPS 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. Stockholders of record on Monday, March 31st will be issued a dividend of $0.295 per share. This represents a $3.54 annualized dividend and a dividend yield of 6.58%. This is a boost from EPR Properties’s previous monthly dividend of $0.29. The ex-dividend date is Monday, March 31st. EPR Properties’s payout ratio is presently 213.75%.

Wall Street Analysts Forecast Growth

Several brokerages have commented on EPR. Royal Bank of Canada reissued an “outperform” rating and set a $50.00 price objective on shares of EPR Properties in a research report on Thursday, January 30th. Stifel Nicolaus upped their price objective on shares of EPR Properties from $51.00 to $52.00 and gave the stock a “hold” rating in a report on Thursday, February 27th. Finally, UBS Group initiated coverage on shares of EPR Properties in a report on Thursday, November 14th. They issued a “neutral” rating and a $48.00 price objective on the stock. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $48.50.

Hedge Funds Weigh In On EPR Properties

Institutional investors and hedge funds have recently modified their holdings of the company. Wealthfront Advisers LLC purchased a new stake in shares of EPR Properties during the 4th quarter valued at about $302,313,000. Geode Capital Management LLC increased its position in shares of EPR Properties by 0.5% during the 3rd quarter. Geode Capital Management LLC now owns 1,425,119 shares of the real estate investment trust’s stock valued at $69,904,000 after purchasing an additional 7,429 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of EPR Properties by 2.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,380,301 shares of the real estate investment trust’s stock worth $61,120,000 after acquiring an additional 30,401 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in shares of EPR Properties by 5.6% during the 4th quarter. Bank of New York Mellon Corp now owns 1,145,267 shares of the real estate investment trust’s stock worth $50,712,000 after acquiring an additional 60,953 shares during the last quarter. Finally, LSV Asset Management boosted its stake in shares of EPR Properties by 12.3% during the 4th quarter. LSV Asset Management now owns 1,129,098 shares of the real estate investment trust’s stock worth $49,996,000 after acquiring an additional 123,400 shares during the last quarter. 74.66% of the stock is currently owned by hedge funds and other 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.