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 firm’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 completion of the transaction, the senior vice president now owns 15,299 shares in the company, valued at approximately $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 is available at this link.

EPR Properties Price Performance

EPR stock opened at $51.80 on Wednesday. The company has a market capitalization of $3.94 billion, a PE 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 50 day moving average is $48.81 and its two-hundred day moving average is $47.18. 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 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.56. The firm had revenue of $149.12 million for the quarter, compared to analysts’ expectations of $161.25 million. EPR Properties had a net margin of 28.87% and a return on equity of 8.22%. Analysts predict that EPR Properties will post 4.65 earnings per share 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. Investors of record on Monday, March 31st will be paid a $0.295 dividend. This represents a $3.54 dividend on an annualized basis and a yield of 6.83%. This is an increase from EPR Properties’s previous monthly dividend of $0.29. The ex-dividend date of this dividend is Monday, March 31st. EPR Properties’s dividend payout ratio (DPR) is 221.25%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Wealthfront Advisers LLC bought a new position in EPR Properties during the fourth quarter worth $302,313,000. Geode Capital Management LLC raised its holdings in shares of EPR Properties by 0.5% during the third quarter. Geode Capital Management LLC now owns 1,425,119 shares of the real estate investment trust’s stock worth $69,904,000 after purchasing an additional 7,429 shares during the period. Charles Schwab Investment Management Inc. lifted its position in shares of EPR Properties by 2.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,380,301 shares of the real estate investment trust’s stock worth $61,120,000 after buying an additional 30,401 shares during the last quarter. Bank of New York Mellon Corp grew its position in shares of EPR Properties by 5.6% during the 4th quarter. Bank of New York Mellon Corp now owns 1,145,267 shares of the real estate investment trust’s stock valued at $50,712,000 after buying an additional 60,953 shares during the last quarter. Finally, LSV Asset Management raised its stake in EPR Properties by 12.3% during the fourth quarter. LSV Asset Management now owns 1,129,098 shares of the real estate investment trust’s stock worth $49,996,000 after acquiring an additional 123,400 shares during the period. Institutional investors and hedge funds own 74.66% of the company’s stock.

Analyst Ratings Changes

EPR has been the topic of several recent research reports. Stifel Nicolaus lifted their target price on shares of EPR Properties from $51.00 to $52.00 and gave the company a “hold” rating in a report on Thursday, February 27th. Truist Financial upped their target price on EPR Properties from $46.00 to $51.00 and gave the stock a “hold” rating in a research report on Tuesday. Royal Bank of Canada raised their target price on EPR Properties from $50.00 to $58.00 and gave the company an “outperform” rating in a report on Thursday, March 6th. Finally, Wells Fargo & Company upped their price target on EPR Properties from $45.00 to $52.00 and gave the stock an “underweight” rating in a report on Monday, March 10th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $50.75.

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.