EPR Properties (NYSE:EPR) Shares Acquired by MRP Capital Investments LLC

MRP Capital Investments LLC raised its stake in shares of EPR Properties (NYSE:EPR) by 9.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 4,446 shares of the real estate investment trust’s stock after purchasing an additional 401 shares during the quarter. MRP Capital Investments LLC’s holdings in EPR Properties were worth $197,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of EPR. Wealthfront Advisers LLC purchased a new stake in EPR Properties during the fourth quarter worth approximately $302,313,000. Geode Capital Management LLC boosted its stake in 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 acquiring an additional 7,429 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of EPR Properties by 2.3% during the fourth 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 purchasing an additional 30,401 shares during the period. Bank of New York Mellon Corp raised its holdings in shares of EPR Properties by 5.6% during the fourth 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 purchasing an additional 60,953 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in shares of EPR Properties by 35.7% during the third quarter. JPMorgan Chase & Co. now owns 673,117 shares of the real estate investment trust’s stock worth $33,010,000 after purchasing an additional 177,061 shares during the period. Institutional investors and hedge funds own 74.66% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on EPR. Stifel Nicolaus increased 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. Truist Financial raised their target price on shares of EPR Properties from $46.00 to $51.00 and gave the stock a “hold” rating in a report on Tuesday. Wells Fargo & Company increased 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. Finally, Royal Bank of Canada increased their price target on shares of EPR Properties from $50.00 to $58.00 and gave the stock an “outperform” rating in a research report on Thursday, March 6th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $50.75.

EPR Properties Price Performance

Shares of EPR opened at $51.61 on Friday. The firm has a market cap of $3.93 billion, a PE ratio of 22.34 and a beta of 1.72. The firm’s 50 day moving average price is $49.07 and its 200 day moving average price is $47.24. The company has a debt-to-equity ratio of 1.19, a quick ratio of 7.81 and a current ratio of 7.81. EPR Properties has a twelve month low of $39.66 and a twelve month high of $54.25.

EPR Properties (NYSE:EPR) last issued its quarterly earnings data on Wednesday, February 26th. The real estate investment trust reported $1.22 earnings per share for the quarter, beating 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 firm had revenue of $149.12 million for the quarter, compared to analyst estimates 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 company also recently declared a monthly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be given a $0.295 dividend. This is a positive change from EPR Properties’s previous monthly dividend of $0.29. The ex-dividend date is Monday, March 31st. This represents a $3.54 dividend on an annualized basis and a dividend yield of 6.86%. EPR Properties’s dividend payout ratio (DPR) is currently 221.25%.

Insider Activity

In other news, SVP Brian Andrew Moriarty sold 2,500 shares of EPR Properties stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $51.99, for a total value 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 trade represents a 14.05 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Tonya L. Mater sold 3,120 shares of EPR Properties stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $51.90, for a total transaction of $161,928.00. Following the completion of the transaction, the chief accounting officer now directly owns 46,827 shares in the company, valued at approximately $2,430,321.30. This represents a 6.25 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 9,520 shares of company stock valued at $502,581 over the last 90 days. 2.13% of the stock is currently owned by company insiders.

About EPR Properties

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.