Insider Selling: EPR Properties (NYSE:EPR) SVP Sells 2,500 Shares of Stock

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 transaction, the senior vice president now owns 15,299 shares in the company, valued at $795,395.01. This trade represents a 14.05 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

EPR Properties Price Performance

NYSE EPR opened at $51.61 on Friday. EPR Properties has a one year low of $39.66 and a one year high of $54.25. The stock has a 50-day moving average of $49.07 and a 200 day moving average of $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. The company has a market capitalization of $3.93 billion, a price-to-earnings ratio of 22.34 and a beta of 1.72.

EPR Properties (NYSE:EPR) last announced its quarterly earnings results on Wednesday, February 26th. The real estate investment trust reported $1.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.56. The firm had revenue of $149.12 million for the quarter, compared to the consensus estimate of $161.25 million. EPR Properties had a net margin of 28.87% and a return on equity of 8.22%. On average, sell-side analysts forecast that EPR Properties will post 4.65 EPS for the current year.

EPR Properties Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be issued a dividend of $0.295 per share. This represents a $3.54 dividend on an annualized basis and a dividend yield of 6.86%. The ex-dividend date is Monday, March 31st. This is an increase from EPR Properties’s previous monthly dividend of $0.29. EPR Properties’s dividend payout ratio (DPR) is presently 221.25%.

Institutional Trading of EPR Properties

Institutional investors have recently made changes to their positions in the stock. Brooklyn Investment Group purchased a new stake in shares of EPR Properties during the 3rd quarter valued at about $27,000. Synergy Investment Management LLC purchased a new stake in shares of EPR Properties during the 4th quarter valued at about $27,000. GAMMA Investing LLC boosted its holdings in shares of EPR Properties by 36.6% during the 4th quarter. GAMMA Investing LLC now owns 1,127 shares of the real estate investment trust’s stock valued at $50,000 after acquiring an additional 302 shares during the last quarter. Principal Securities Inc. lifted its stake in shares of EPR Properties by 54.5% in the 4th quarter. Principal Securities Inc. now owns 1,296 shares of the real estate investment trust’s stock worth $57,000 after purchasing an additional 457 shares during the period. Finally, Brown Brothers Harriman & Co. bought a new position in shares of EPR Properties in the 4th quarter worth approximately $60,000. Hedge funds and other institutional investors own 74.66% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on EPR shares. Wells Fargo & Company upped their target price on 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 upped their price target on 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 upped their price target on EPR Properties from $46.00 to $51.00 and gave the stock a “hold” rating in a research note on Tuesday. Finally, Stifel Nicolaus upped their price target on EPR Properties from $51.00 to $52.00 and gave the stock a “hold” rating in a research note on Thursday, February 27th. Two research analysts have rated the stock with a sell rating, five have given a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, EPR Properties has an average rating of “Hold” and a consensus price target of $50.75.

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.