Tonya L. Mater Sells 3,120 Shares of EPR Properties (NYSE:EPR) Stock

EPR Properties (NYSE:EPR) CAO Tonya L. Mater sold 3,120 shares of the company’s stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $51.90, for a total transaction of $161,928.00. Following the transaction, the chief accounting officer now owns 46,827 shares of the company’s stock, valued at $2,430,321.30. This represents a 6.25 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

EPR Properties Stock Performance

Shares of NYSE EPR opened at $51.80 on Wednesday. EPR Properties has a 52-week low of $39.66 and a 52-week high of $54.25. The stock has a market capitalization of $3.94 billion, a price-to-earnings ratio of 22.42 and a beta of 1.72. The company has a quick ratio of 7.81, a current ratio of 7.81 and a debt-to-equity ratio of 1.19. The stock’s fifty day simple moving average is $48.81 and its 200 day simple moving average is $47.18.

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

EPR Properties Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be paid a dividend of $0.295 per share. This is an increase from EPR Properties’s previous monthly dividend of $0.29. This represents a $3.54 annualized dividend and a yield of 6.83%. The ex-dividend date is Monday, March 31st. EPR Properties’s payout ratio is 221.25%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on EPR shares. Royal Bank of Canada raised their price target on shares of EPR Properties from $50.00 to $58.00 and gave the company an “outperform” rating in a research note on Thursday, March 6th. Wells Fargo & Company raised their target price on EPR Properties from $45.00 to $52.00 and gave the company an “underweight” rating in a research report on Monday, March 10th. Truist Financial boosted their price target on EPR Properties from $46.00 to $51.00 and gave the stock a “hold” rating in a research report on Tuesday. Finally, Stifel Nicolaus raised their price target on EPR Properties from $51.00 to $52.00 and gave the company a “hold” rating in a report on Thursday, February 27th. 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 assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $50.75.

Institutional Trading of EPR Properties

Hedge funds and other institutional investors have recently modified their holdings of the business. Charles Schwab Investment Management Inc. boosted its position in EPR Properties by 4.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,349,900 shares of the real estate investment trust’s stock worth $66,199,000 after acquiring an additional 54,567 shares during the period. Algert Global LLC boosted its holdings in shares of EPR Properties by 58.6% during the third quarter. Algert Global LLC now owns 140,626 shares of the real estate investment trust’s stock worth $6,896,000 after purchasing an additional 51,980 shares during the period. Empowered Funds LLC purchased a new position in EPR Properties during the fourth quarter valued at approximately $352,000. JPMorgan Chase & Co. increased its stake in EPR Properties by 35.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 673,117 shares of the real estate investment trust’s stock valued at $33,010,000 after buying an additional 177,061 shares during the period. Finally, Kestra Private Wealth Services LLC lifted its position in 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 worth $608,000 after buying an additional 249 shares in the last quarter. Institutional investors and hedge funds own 74.66% of the company’s stock.

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.