New Age Alpha Advisors LLC Buys Shares of 88,741 EPR Properties (NYSE:EPR)

New Age Alpha Advisors LLC purchased a new position in shares of EPR Properties (NYSE:EPR) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 88,741 shares of the real estate investment trust’s stock, valued at approximately $3,929,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Wealthfront Advisers LLC bought a new position in EPR Properties in the fourth quarter valued at $302,313,000. Norges Bank acquired a new position in shares of EPR Properties during the 4th quarter worth about $41,148,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of 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 valued at $22,442,000 after acquiring an additional 344,544 shares in the last quarter. American Century Companies Inc. increased its position in shares of EPR Properties by 44.6% in the fourth quarter. American Century Companies Inc. now owns 1,085,947 shares of the real estate investment trust’s stock valued at $48,086,000 after acquiring an additional 334,943 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new stake in EPR Properties during the fourth quarter worth about $13,145,000. 74.66% of the stock is currently owned by institutional investors and hedge funds.

EPR Properties Stock Performance

NYSE EPR opened at $51.66 on Friday. The stock has a market cap of $3.93 billion, a PE ratio of 22.37 and a beta of 1.72. 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 50-day moving average of $49.77 and a 200-day moving average of $47.40. EPR Properties has a 52-week low of $39.66 and a 52-week 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 (EPS) for the quarter, topping analysts’ consensus estimates of $0.66 by $0.56. The company had revenue of $149.12 million during the quarter, compared to analysts’ expectations of $161.25 million. EPR Properties had a return on equity of 8.22% and a net margin of 28.87%. On average, sell-side analysts anticipate that EPR Properties will post 4.65 EPS for the current year.

EPR Properties Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be given a dividend of $0.295 per share. This is a boost from EPR Properties’s previous monthly dividend of $0.29. The ex-dividend date of this dividend is Monday, March 31st. This represents a $3.54 annualized dividend and a yield of 6.85%. EPR Properties’s dividend payout ratio (DPR) is presently 221.25%.

Insider Transactions at EPR Properties

In related news, CAO Tonya L. Mater sold 3,120 shares of the firm’s stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $51.90, for a total transaction of $161,928.00. Following the transaction, the chief accounting officer now directly owns 46,827 shares of the company’s stock, valued at approximately $2,430,321.30. This trade represents a 6.25 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Gwendolyn Mary Johnson sold 3,900 shares of EPR Properties stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $54.02, for a total transaction of $210,678.00. Following the completion of the sale, the senior vice president now owns 8,216 shares of the company’s stock, valued at $443,828.32. This trade represents a 32.19 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 9,520 shares of company stock valued at $502,581. 2.13% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. Stifel Nicolaus raised their price target on EPR Properties from $51.00 to $52.00 and gave the company a “hold” rating in a research note on Thursday, February 27th. Wells Fargo & Company boosted their target price 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. Truist Financial increased their price target on shares of EPR Properties from $51.00 to $53.00 and gave the company a “hold” rating in a research note on Monday, March 24th. Finally, Royal Bank of Canada boosted their price objective 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. Two analysts have rated the stock with a sell rating, five have issued a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, EPR Properties has a consensus rating of “Hold” and a consensus price target of $51.00.

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.