EPR Properties (NYSE:EPR) Cut to Market Perform at JMP Securities

JMP Securities lowered shares of EPR Properties (NYSE:EPRFree Report) from an outperform rating to a market perform rating in a research report report published on Monday morning, MarketBeat Ratings reports.

Several other analysts have also recently weighed in on the company. Truist Financial boosted their price objective on EPR Properties from $49.00 to $51.00 and gave the stock a hold rating in a report on Tuesday, January 16th. Royal Bank of Canada increased their price objective on EPR Properties from $48.00 to $51.00 and gave the company a sector perform rating in a report on Thursday, January 11th. StockNews.com cut EPR Properties from a buy rating to a hold rating in a research note on Wednesday, January 17th. JPMorgan Chase & Co. upgraded EPR Properties from a neutral rating to an overweight rating and set a $51.00 price objective on the stock in a research report on Monday, December 18th. Finally, KeyCorp increased their price objective on EPR Properties from $47.00 to $51.00 and gave the stock an overweight rating in a research report on Friday, January 5th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of Hold and an average target price of $48.55.

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EPR Properties Stock Performance

EPR stock opened at $44.59 on Monday. EPR Properties has a 52 week low of $33.92 and a 52 week high of $49.10. The firm has a 50 day simple moving average of $46.66 and a 200 day simple moving average of $44.59. The stock has a market cap of $3.36 billion, a P/E ratio of 23.10, a P/E/G ratio of 8.21 and a beta of 1.69. The company has a debt-to-equity ratio of 1.14, a quick ratio of 8.55 and a current ratio of 8.55.

EPR Properties Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Thursday, February 15th. Shareholders of record on Wednesday, January 31st will be paid a $0.275 dividend. The ex-dividend date is Tuesday, January 30th. This represents a $3.30 annualized dividend and a yield of 7.40%. EPR Properties’s dividend payout ratio is currently 170.98%.

Insider Buying and Selling at EPR Properties

In related news, CAO Tonya L. Mater sold 1,500 shares of the firm’s stock in a transaction that occurred on Tuesday, December 26th. The stock was sold at an average price of $48.50, for a total transaction of $72,750.00. Following the transaction, the chief accounting officer now directly owns 41,223 shares in the company, valued at approximately $1,999,315.50. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. In related news, CAO Tonya L. Mater sold 1,500 shares of EPR Properties stock in a transaction that occurred on Tuesday, December 26th. The stock was sold at an average price of $48.50, for a total transaction of $72,750.00. Following the sale, the chief accounting officer now directly owns 41,223 shares in the company, valued at $1,999,315.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Peter C. Brown sold 2,500 shares of the firm’s stock in a transaction that occurred on Friday, December 22nd. The shares were sold at an average price of $48.68, for a total transaction of $121,700.00. Following the sale, the director now directly owns 18,094 shares of the company’s stock, valued at approximately $880,815.92. The disclosure for this sale can be found here. Insiders have sold a total of 9,933 shares of company stock valued at $469,682 in the last 90 days. Corporate insiders own 1.89% of the company’s stock.

Institutional Trading of EPR Properties

A number of institutional investors and hedge funds have recently bought and sold shares of EPR. Lazard Asset Management LLC purchased a new stake in EPR Properties in the 1st quarter valued at about $28,000. State of Wyoming purchased a new position in EPR Properties during the second quarter valued at $31,000. Venturi Wealth Management LLC lifted its holdings in EPR Properties by 59.5% during the fourth quarter. Venturi Wealth Management LLC now owns 823 shares of the real estate investment trust’s stock valued at $40,000 after purchasing an additional 307 shares in the last quarter. Advisors Asset Management Inc. acquired a new stake in EPR Properties during the third quarter worth about $38,000. Finally, VitalStone Financial LLC acquired a new stake in shares of EPR Properties during the first quarter valued at about $50,000. 76.09% of the stock is currently owned by institutional investors.

About EPR Properties

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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.

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Analyst Recommendations for EPR Properties (NYSE:EPR)

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