Quantinno Capital Management LP Increases Holdings in EPR Properties (NYSE:EPR)

Quantinno Capital Management LP lifted its position in EPR Properties (NYSE:EPR) by 28.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 162,393 shares of the real estate investment trust’s stock after purchasing an additional 36,367 shares during the quarter. Quantinno Capital Management LP’s holdings in EPR Properties were worth $7,191,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of EPR. Wealthfront Advisers LLC acquired a new stake in EPR Properties during the fourth quarter worth about $302,313,000. Norges Bank acquired a new stake in EPR Properties during the fourth quarter worth about $41,148,000. American Century Companies Inc. grew its holdings in EPR Properties by 44.6% during the fourth quarter. American Century Companies Inc. now owns 1,085,947 shares of the real estate investment trust’s stock worth $48,086,000 after acquiring an additional 334,943 shares during the period. Raymond James Financial Inc. acquired a new stake in EPR Properties during the fourth quarter worth about $13,145,000. Finally, Northern Trust Corp grew its holdings in EPR Properties by 30.6% during the fourth quarter. Northern Trust Corp now owns 844,940 shares of the real estate investment trust’s stock worth $37,414,000 after acquiring an additional 198,019 shares during the period. 74.66% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at EPR Properties

In other EPR Properties news, SVP Brian Andrew Moriarty sold 2,500 shares of the business’s stock in a transaction on Monday, March 17th. The stock was sold at an average price of $51.99, for a total transaction of $129,975.00. Following the transaction, the senior vice president now owns 15,299 shares of the company’s stock, valued at approximately $795,395.01. The trade was a 14.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO Tonya L. Mater sold 3,120 shares of the business’s stock in a transaction 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 transaction, the chief accounting officer now directly owns 46,827 shares in the company, valued at $2,430,321.30. This trade represents a 6.25% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 9,520 shares of company stock valued at $502,581 over the last ninety days. Insiders own 2.31% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on EPR. Stifel Nicolaus raised their target price on EPR Properties from $51.00 to $52.00 and gave the stock a “hold” rating in a report on Thursday, February 27th. 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 report on Thursday, March 6th. Truist Financial raised their price objective on EPR Properties from $51.00 to $53.00 and gave the company a “hold” rating in a report on Monday, March 24th. Wells Fargo & Company raised their price objective on EPR Properties from $45.00 to $52.00 and gave the company an “underweight” rating in a report on Monday, March 10th. Finally, UBS Group raised their price objective on EPR Properties from $52.00 to $56.00 and gave the company a “neutral” rating in a report on Tuesday. Two analysts have rated the stock with a sell rating, four have issued a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $52.00.

EPR Properties Stock Performance

Shares of NYSE:EPR opened at $54.18 on Friday. The company has a debt-to-equity ratio of 1.19, a current ratio of 7.81 and a quick ratio of 7.81. The business’s 50 day moving average price is $50.02 and its 200-day moving average price is $47.74. The firm has a market capitalization of $4.12 billion, a PE ratio of 23.46 and a beta of 1.26. EPR Properties has a 1 year low of $39.87 and a 1 year high of $54.25.

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

EPR Properties Dividend Announcement

The company also recently declared a may 25 dividend, which will be paid on Monday, June 16th. Stockholders of record on Friday, May 30th will be paid a $0.295 dividend. This represents a dividend yield of 6.6%. The ex-dividend date is Friday, May 30th. EPR Properties’s dividend payout ratio is presently 217.18%.

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.