EPR Properties (NYSE:EPR) Given New $52.00 Price Target at Wells Fargo & Company

EPR Properties (NYSE:EPR) had its price objective hoisted by analysts at Wells Fargo & Company from $45.00 to $52.00 in a note issued to investors on Monday,Benzinga reports. The brokerage presently has an “underweight” rating on the real estate investment trust’s stock. Wells Fargo & Company‘s target price suggests a potential downside of 3.20% from the company’s current price.

Several other brokerages also recently issued reports on EPR. Royal Bank of Canada boosted their target price on shares of EPR Properties from $50.00 to $58.00 and gave the company an “outperform” rating in a research note on Thursday. UBS Group initiated coverage on EPR Properties in a research report on Thursday, November 14th. They set a “neutral” rating and a $48.00 price target on the stock. Finally, Stifel Nicolaus raised their price objective on EPR Properties from $51.00 to $52.00 and gave the stock a “hold” rating in a research report on Thursday, February 27th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating, two have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $50.13.

EPR Properties Trading Up 1.0 %

EPR traded up $0.52 during trading on Monday, reaching $53.72. The company had a trading volume of 86,246 shares, compared to its average volume of 675,031. The firm’s 50-day simple moving average is $47.79 and its 200 day simple moving average is $46.96. 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 has a market cap of $4.09 billion, a price-to-earnings ratio of 23.25 and a beta of 1.72. EPR Properties has a 12-month low of $39.65 and a 12-month high of $54.25.

EPR Properties (NYSE:EPR) 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. Equities research analysts anticipate that EPR Properties will post 4.65 earnings per share for the current year.

Insider Activity

In other news, 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 transaction of $210,678.00. Following the transaction, the senior vice president now owns 8,216 shares in the company, valued at approximately $443,828.32. This trade represents a 32.19 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 2.13% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On EPR Properties

A number of large investors have recently bought and sold shares of EPR. Van ECK Associates Corp lifted its position in shares of EPR Properties by 12.3% in the third quarter. Van ECK Associates Corp now owns 12,937 shares of the real estate investment trust’s stock worth $611,000 after buying an additional 1,420 shares during the last quarter. State of New Jersey Common Pension Fund D lifted its holdings in EPR Properties by 31.6% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 41,674 shares of the real estate investment trust’s stock worth $2,044,000 after purchasing an additional 10,000 shares during the last quarter. Los Angeles Capital Management LLC boosted its position in EPR Properties by 19.0% during the third quarter. Los Angeles Capital Management LLC now owns 302,130 shares of the real estate investment trust’s stock worth $14,816,000 after purchasing an additional 48,229 shares during the period. Venturi Wealth Management LLC grew its holdings in EPR Properties by 42.3% during the third quarter. Venturi Wealth Management LLC now owns 1,474 shares of the real estate investment trust’s stock valued at $72,000 after purchasing an additional 438 shares during the last quarter. Finally, Versor Investments LP raised its position in shares of EPR Properties by 43.1% in the third quarter. Versor Investments LP now owns 18,600 shares of the real estate investment trust’s stock valued at $912,000 after purchasing an additional 5,600 shares during the period. 74.66% of the stock is currently owned by 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.