EPR Properties (NYSE:EPR) Price Target Raised to $56.00

EPR Properties (NYSE:EPR) had its price target upped by UBS Group from $52.00 to $56.00 in a research note released on Tuesday, Marketbeat.com reports. The firm currently has a neutral rating on the real estate investment trust’s stock.

Several other brokerages have also recently weighed in on EPR. StockNews.com upgraded EPR Properties from a “hold” rating to a “buy” rating in a research report on Monday. Royal Bank of Canada raised their target price on 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 price target on EPR Properties from $51.00 to $52.00 and gave the company a “hold” rating in a research report on Thursday, February 27th. Truist Financial increased their price target on shares of EPR Properties from $51.00 to $53.00 and gave the stock a “hold” rating in a report on Monday, March 24th. Finally, Wells Fargo & Company raised their price objective on shares of EPR Properties from $45.00 to $52.00 and gave the company an “underweight” rating in a research report on Monday, March 10th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, EPR Properties has an average rating of “Hold” and an average target price of $52.00.

EPR Properties Trading Up 2.8%

Shares of EPR Properties stock opened at $53.63 on Tuesday. The stock has a market capitalization of $4.08 billion, a P/E ratio of 23.22 and a beta of 1.26. EPR Properties has a 52-week low of $39.87 and a 52-week high of $54.25. The company has a debt-to-equity ratio of 1.19, a quick ratio of 7.81 and a current ratio of 7.81. The stock’s 50-day simple moving average is $49.98 and its 200 day simple moving average is $47.69.

EPR Properties (NYSE:EPR) last posted its earnings results on Wednesday, May 7th. The real estate investment trust reported $1.21 earnings per share for the quarter, topping the consensus estimate of $1.16 by $0.05. The firm had revenue of $146.36 million during the quarter, compared to the consensus estimate of $155.46 million. EPR Properties had a net margin of 28.87% and a return on equity of 8.22%. The company’s revenue was up 4.7% on a year-over-year basis. During the same quarter last year, the company earned $1.12 earnings per share. As a group, research analysts anticipate that EPR Properties will post 4.65 EPS for the current year.

EPR Properties Dividend Announcement

The firm also recently declared a may 25 dividend, which will be paid on Monday, June 16th. Shareholders of record on Friday, May 30th will be issued a $0.295 dividend. EPR Properties’s payout ratio is currently 217.18%.

Insider Activity

In other EPR Properties news, CAO Tonya L. Mater sold 3,120 shares of the company’s stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $51.90, for a total value of $161,928.00. Following the completion of the sale, 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 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 transaction, the senior vice president now directly owns 15,299 shares in the company, valued at approximately $795,395.01. This represents a 14.05% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 9,520 shares of company stock worth $502,581. 2.31% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Barclays PLC grew its position in EPR Properties by 14.6% during the 3rd quarter. Barclays PLC now owns 40,647 shares of the real estate investment trust’s stock worth $1,993,000 after acquiring an additional 5,184 shares during the last quarter. GAMMA Investing LLC boosted its stake in shares of EPR Properties by 36.6% during the fourth quarter. GAMMA Investing LLC now owns 1,127 shares of the real estate investment trust’s stock valued at $50,000 after purchasing an additional 302 shares during the period. Diversify Advisory Services LLC grew its holdings in shares of EPR Properties by 35.7% in the fourth quarter. Diversify Advisory Services LLC now owns 18,235 shares of the real estate investment trust’s stock worth $808,000 after purchasing an additional 4,794 shares during the last quarter. Teamwork Financial Advisors LLC bought a new position in shares of EPR Properties in the fourth quarter worth approximately $473,000. Finally, Cyndeo Wealth Partners LLC increased its stake in shares of EPR Properties by 5.9% in the fourth quarter. Cyndeo Wealth Partners LLC now owns 146,032 shares of the real estate investment trust’s stock worth $6,466,000 after buying an additional 8,102 shares during the period. Hedge funds and other institutional investors 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.