EPR Properties (NYSE:EPR) SVP Brian Andrew Moriarty Sells 2,500 Shares

EPR Properties (NYSE:EPR) SVP Brian Andrew Moriarty sold 2,500 shares of the company’s stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $51.99, for a total value of $129,975.00. Following the completion of the sale, 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 Securities & Exchange Commission, which can be accessed through the SEC website.

EPR Properties Stock Down 0.2 %

EPR traded down $0.12 on Tuesday, reaching $51.82. 134,559 shares of the company traded hands, compared to its average volume of 559,822. The company has a market cap of $3.94 billion, a price-to-earnings ratio of 22.44 and a beta of 1.72. The company has a debt-to-equity ratio of 1.19, a current ratio of 7.81 and a quick ratio of 7.81. The stock’s 50 day moving average price is $48.67 and its 200-day moving average price is $47.15. EPR Properties has a 52-week low of $39.66 and a 52-week high of $54.25.

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, 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 business had revenue of $149.12 million for the quarter, compared to analysts’ expectations of $161.25 million. On average, sell-side 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 paid a dividend of $0.295 per share. The ex-dividend date is Monday, March 31st. This is an increase from EPR Properties’s previous monthly dividend of $0.29. This represents a $3.54 dividend on an annualized basis and a dividend yield of 6.83%. EPR Properties’s dividend payout ratio (DPR) is 221.25%.

Analysts Set New Price Targets

Several brokerages have recently weighed in on EPR. Stifel Nicolaus upped their price objective on EPR Properties from $51.00 to $52.00 and gave the company a “hold” rating in a report on Thursday, February 27th. Wells Fargo & Company raised 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. Royal Bank of Canada increased their price target on EPR Properties from $50.00 to $58.00 and gave the company an “outperform” rating in a research report on Thursday, March 6th. Finally, Truist Financial boosted their price objective on EPR Properties from $46.00 to $51.00 and gave the stock a “hold” rating in a report on Tuesday. 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 stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $50.75.

Institutional Investors Weigh In On EPR Properties

Several institutional investors have recently made changes to their positions in the company. Treasurer of the State of North Carolina raised its position in EPR Properties by 0.6% during the fourth quarter. Treasurer of the State of North Carolina now owns 32,851 shares of the real estate investment trust’s stock valued at $1,455,000 after acquiring an additional 210 shares in the last quarter. 1620 Investment Advisors Inc. increased its stake in shares of EPR Properties by 1.5% during the 4th quarter. 1620 Investment Advisors Inc. now owns 15,071 shares of the real estate investment trust’s stock worth $667,000 after purchasing an additional 219 shares during the last quarter. Global Retirement Partners LLC raised its holdings in shares of EPR Properties by 5.9% during the 4th quarter. Global Retirement Partners LLC now owns 4,117 shares of the real estate investment trust’s stock valued at $182,000 after purchasing an additional 228 shares in the last quarter. Kestra Private Wealth Services LLC lifted its stake in shares of EPR Properties by 1.8% in the 4th quarter. Kestra Private Wealth Services LLC now owns 13,739 shares of the real estate investment trust’s stock valued at $608,000 after purchasing an additional 249 shares during the last quarter. Finally, State of Alaska Department of Revenue raised its stake in shares of EPR Properties by 0.6% in the 4th quarter. State of Alaska Department of Revenue now owns 44,677 shares of the real estate investment trust’s stock valued at $1,977,000 after acquiring an additional 251 shares in the last quarter. 74.66% of the stock is currently owned by institutional investors and hedge funds.

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.