11,535 Shares in EPR Properties (NYSE:EPR) Bought by Wedbush Securities Inc.

Wedbush Securities Inc. acquired a new stake in EPR Properties (NYSE:EPR) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 11,535 shares of the real estate investment trust’s stock, valued at approximately $511,000.

Other large investors also recently bought and sold shares of the company. Grantham Mayo Van Otterloo & Co. LLC raised its holdings in EPR Properties by 34.0% during the fourth quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 10,310 shares of the real estate investment trust’s stock worth $457,000 after purchasing an additional 2,616 shares in the last quarter. Resona Asset Management Co. Ltd. purchased a new stake in shares of EPR Properties in the fourth quarter valued at approximately $1,319,000. Arete Wealth Advisors LLC acquired a new position in EPR Properties during the fourth quarter worth $307,000. Discovery Capital Management LLC CT raised its position in EPR Properties by 36.3% in the fourth quarter. Discovery Capital Management LLC CT now owns 112,618 shares of the real estate investment trust’s stock worth $4,987,000 after acquiring an additional 30,000 shares in the last quarter. Finally, CIBC Private Wealth Group LLC lifted its holdings in EPR Properties by 15.7% in the fourth quarter. CIBC Private Wealth Group LLC now owns 5,787 shares of the real estate investment trust’s stock valued at $260,000 after acquiring an additional 787 shares during the period. Hedge funds and other institutional investors own 74.66% of the company’s stock.

Insider Buying and Selling

In other EPR Properties news, SVP Gwendolyn Mary Johnson sold 3,900 shares of EPR Properties stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $54.02, for a total value of $210,678.00. Following the completion of the sale, the senior vice president now owns 8,216 shares in the company, valued at $443,828.32. The trade was a 32.19 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CAO Tonya L. Mater sold 3,120 shares of the company’s stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $51.90, for a total transaction of $161,928.00. Following the transaction, the chief accounting officer now directly owns 46,827 shares of the company’s stock, valued at approximately $2,430,321.30. This represents a 6.25 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 9,520 shares of company stock worth $502,581. 2.13% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on EPR shares. Royal Bank of Canada increased 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. Stifel Nicolaus increased 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. Wells Fargo & Company boosted 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, Truist Financial raised their price objective on EPR Properties from $51.00 to $53.00 and gave the company a “hold” rating in a research note on Monday, March 24th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $51.00.

EPR Properties Price Performance

Shares of NYSE:EPR opened at $43.42 on Wednesday. EPR Properties has a one year low of $39.66 and a one year high of $54.25. The stock has a market cap of $3.30 billion, a PE ratio of 18.80 and a beta of 1.30. The business’s fifty day moving average price is $49.91 and its two-hundred day moving average price is $47.38. The company has a debt-to-equity ratio of 1.19, a quick ratio of 7.81 and a current ratio of 7.81.

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, topping analysts’ consensus estimates of $0.66 by $0.56. The firm had revenue of $149.12 million during the quarter, compared to analysts’ expectations of $161.25 million. EPR Properties had a return on equity of 8.22% and a net margin of 28.87%. On average, analysts forecast that EPR Properties will post 4.65 EPS for the current fiscal year.

EPR Properties Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, April 15th. Investors 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. The ex-dividend date of this dividend is Monday, March 31st. This represents a $3.54 annualized dividend and a dividend yield of 8.15%. EPR Properties’s dividend payout ratio is presently 221.25%.

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.