Tonya L. Mater Sells 3,120 Shares of EPR Properties (NYSE:EPR) Stock

EPR Properties (NYSE:EPR) CAO Tonya L. Mater sold 3,120 shares of the business’s stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $51.90, for a total value of $161,928.00. Following the sale, the chief accounting officer now directly owns 46,827 shares of the company’s stock, valued at $2,430,321.30. This represents a 6.25 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

EPR Properties Stock Performance

Shares of EPR stock opened at $51.32 on Thursday. 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 firm has a market cap of $3.90 billion, a price-to-earnings ratio of 22.22 and a beta of 1.72. EPR Properties has a 52 week low of $39.66 and a 52 week high of $54.25. The firm’s 50-day simple moving average is $48.93 and its two-hundred day simple moving average is $47.21.

EPR Properties (NYSE:EPR) last posted its quarterly earnings results on Wednesday, February 26th. The real estate investment trust reported $1.22 EPS for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $161.25 million. As a group, equities analysts forecast that EPR Properties will post 4.65 earnings per share for the current year.

EPR Properties Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be paid a dividend of $0.295 per share. This is an increase from EPR Properties’s previous monthly dividend of $0.29. The ex-dividend date is Monday, March 31st. This represents a $3.54 annualized dividend and a dividend yield of 6.90%. EPR Properties’s dividend payout ratio is presently 221.25%.

Wall Street Analysts Forecast Growth

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

Institutional Investors Weigh In On EPR Properties

Several large investors have recently added to or reduced their stakes in the company. Metis Global Partners LLC lifted its holdings in EPR Properties by 31.8% during the third quarter. Metis Global Partners LLC now owns 7,797 shares of the real estate investment trust’s stock valued at $382,000 after purchasing an additional 1,881 shares during the last quarter. Landscape Capital Management L.L.C. purchased a new stake in shares of EPR Properties during the 3rd quarter valued at approximately $313,000. Charles Schwab Investment Management Inc. boosted its holdings in EPR Properties by 4.2% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,349,900 shares of the real estate investment trust’s stock worth $66,199,000 after buying an additional 54,567 shares during the period. Eagle Asset Management Inc. purchased a new position in EPR Properties in the 3rd quarter valued at approximately $5,224,000. Finally, Cerity Partners LLC raised its holdings in EPR Properties by 31.1% during the 3rd quarter. Cerity Partners LLC now owns 19,022 shares of the real estate investment trust’s stock valued at $933,000 after acquiring an additional 4,507 shares during the period. Hedge funds and other institutional investors own 74.66% of the company’s stock.

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.