Commonwealth of Pennsylvania Public School Empls Retrmt SYS Has $1.82 Million Position in EPR Properties (NYSE:EPR)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in EPR Properties (NYSE:EPR) by 38.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 41,067 shares of the real estate investment trust’s stock after purchasing an additional 11,308 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned approximately 0.05% of EPR Properties worth $1,818,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Wealthfront Advisers LLC purchased a new stake in EPR Properties in the 4th quarter worth about $302,313,000. Geode Capital Management LLC lifted its position in shares of EPR Properties by 0.5% in 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 in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of EPR Properties by 2.3% during the fourth 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 purchasing an additional 30,401 shares during the period. Bank of New York Mellon Corp grew its position in EPR Properties by 5.6% during the fourth 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 purchasing an additional 60,953 shares in the last quarter. Finally, 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. Institutional investors and hedge funds own 74.66% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently commented on EPR shares. Royal Bank of Canada boosted their price target on shares of EPR Properties from $50.00 to $58.00 and gave the company an “outperform” rating in a report on Thursday, March 6th. Truist Financial boosted their target price on EPR Properties from $51.00 to $53.00 and gave the company a “hold” rating in a research note on Monday. Wells Fargo & Company raised their price target on EPR Properties from $45.00 to $52.00 and gave the stock an “underweight” rating in a research note on Monday, March 10th. Finally, Stifel Nicolaus increased their price objective on EPR Properties from $51.00 to $52.00 and gave the stock a “hold” rating in a report on Thursday, February 27th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $51.00.

EPR Properties Stock Down 1.8 %

Shares of EPR Properties stock opened at $51.06 on Wednesday. EPR Properties has a 12-month low of $39.66 and a 12-month high of $54.25. 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 has a 50 day moving average price of $49.46 and a two-hundred day moving average price of $47.32. The stock has a market capitalization of $3.88 billion, a P/E ratio of 22.10 and a beta of 1.72.

EPR Properties (NYSE:EPR) last posted its quarterly earnings data on Wednesday, February 26th. The real estate investment trust reported $1.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.56. The business had revenue of $149.12 million during 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%. Equities analysts expect that EPR Properties will post 4.65 earnings per share for the current year.

EPR Properties Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be given a dividend of $0.295 per share. This represents a $3.54 annualized dividend and a dividend yield of 6.93%. The ex-dividend date of this dividend is Monday, March 31st. This is a boost from EPR Properties’s previous monthly dividend of $0.29. EPR Properties’s payout ratio is currently 221.25%.

Insider Buying and Selling

In related news, CAO Tonya L. Mater sold 3,120 shares of the company’s stock in a transaction on Monday, March 17th. The shares were sold at an average price of $51.90, for a total transaction of $161,928.00. Following the completion of the transaction, the chief accounting officer now directly owns 46,827 shares in the company, valued at $2,430,321.30. This represents a 6.25 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Brian Andrew Moriarty sold 2,500 shares of the stock in a transaction on Monday, March 17th. The shares were sold at an average price of $51.99, for a total transaction of $129,975.00. Following the completion of the sale, the senior vice president now directly owns 15,299 shares of the company’s stock, valued at approximately $795,395.01. This trade represents a 14.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 9,520 shares of company stock valued at $502,581. Insiders own 2.13% of the company’s stock.

EPR Properties 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.