Prosperity Consulting Group LLC Buys Shares of 6,158 EPR Properties (NYSE:EPR)

Prosperity Consulting Group LLC bought a new stake in EPR Properties (NYSE:EPR) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 6,158 shares of the real estate investment trust’s stock, valued at approximately $273,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Synergy Investment Management LLC purchased a new stake in shares of EPR Properties in the 4th quarter valued at approximately $27,000. GAMMA Investing LLC raised its stake in shares of EPR Properties by 36.6% in 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 period. Principal Securities Inc. raised 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 valued at $57,000 after acquiring an additional 457 shares during the period. Brown Brothers Harriman & Co. purchased a new stake in EPR Properties during the 4th quarter worth approximately $60,000. Finally, EverSource Wealth Advisors LLC increased its stake in EPR Properties by 51.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,530 shares of the real estate investment trust’s stock worth $68,000 after buying an additional 522 shares during the period. 74.66% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on EPR shares. Wells Fargo & Company upped their target price on shares of EPR Properties from $45.00 to $52.00 and gave the stock an “underweight” rating in a research note on Monday, March 10th. Royal Bank of Canada upped their target price 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. Stifel Nicolaus upped their target price on shares of EPR Properties from $51.00 to $52.00 and gave the stock a “hold” rating in a research note on Thursday, February 27th. Finally, Truist Financial upped their target price on shares of EPR Properties from $51.00 to $53.00 and gave the stock a “hold” rating in a research note on Monday, March 24th. Two 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 company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $51.00.

Insider Activity

In related news, SVP Brian Andrew Moriarty sold 2,500 shares of the business’s stock in a transaction dated 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. The trade was a 14.05 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CAO Tonya L. Mater sold 3,120 shares of the business’s stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $51.90, for a total value of $161,928.00. Following the completion of the transaction, the chief accounting officer now owns 46,827 shares in the company, valued at $2,430,321.30. This trade represents a 6.25 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 9,520 shares of company stock worth $502,581. Corporate insiders own 2.31% of the company’s stock.

EPR Properties Trading Up 1.0 %

Shares of NYSE:EPR opened at $49.58 on Tuesday. EPR Properties has a 52 week low of $39.87 and a 52 week high of $54.25. The company’s 50 day moving average is $50.17 and its two-hundred day moving average is $47.40. The company has a current ratio of 7.81, a quick ratio of 7.81 and a debt-to-equity ratio of 1.19. The company has a market cap of $3.77 billion, a PE ratio of 21.46 and a beta of 1.30.

EPR Properties (NYSE:EPR) last issued its earnings results on Wednesday, February 26th. The real estate investment trust reported $1.22 earnings per share (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 during the quarter, compared to analysts’ expectations of $161.25 million. Equities analysts predict that EPR Properties will post 4.65 earnings per share for the current fiscal year.

EPR Properties Announces Dividend

The business also recently announced a apr 25 dividend, which will be paid on Thursday, May 15th. Stockholders of record on Wednesday, April 30th will be issued a $0.295 dividend. This represents a dividend yield of 7.3%. The ex-dividend date of this dividend is Wednesday, April 30th. EPR Properties’s payout ratio is 221.25%.

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.