EPR Properties (NYSE:EPR) Shares Sold by Waterloo Capital L.P.

Waterloo Capital L.P. reduced its stake in EPR Properties (NYSE:EPR) by 5.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 14,251 shares of the real estate investment trust’s stock after selling 803 shares during the quarter. Waterloo Capital L.P.’s holdings in EPR Properties were worth $631,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the stock. Russell Investments Group Ltd. lifted its stake in EPR Properties by 27.3% during the fourth quarter. Russell Investments Group Ltd. now owns 171,857 shares of the real estate investment trust’s stock worth $7,610,000 after purchasing an additional 36,902 shares in the last quarter. Wedbush Securities Inc. purchased a new stake in shares of EPR Properties in the 4th quarter valued at $511,000. Grantham Mayo Van Otterloo & Co. LLC lifted its stake in EPR Properties by 34.0% during the 4th quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 10,310 shares of the real estate investment trust’s stock worth $457,000 after acquiring an additional 2,616 shares in the last quarter. Resona Asset Management Co. Ltd. purchased a new position in EPR Properties during the 4th quarter valued at about $1,319,000. Finally, Arete Wealth Advisors LLC acquired a new position in EPR Properties in the 4th quarter valued at about $307,000. Hedge funds and other institutional investors own 74.66% of the company’s stock.

Wall Street Analyst Weigh In

EPR has been the subject of several recent research reports. 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 note on Monday, March 10th. Stifel Nicolaus raised their price target on shares of EPR Properties from $51.00 to $52.00 and gave the company a “hold” rating in a research report on Thursday, February 27th. Royal Bank of Canada upped their price objective on EPR Properties from $50.00 to $58.00 and gave the stock an “outperform” rating in a research report on Thursday, March 6th. Finally, Truist Financial lifted their target price on EPR Properties from $51.00 to $53.00 and gave the company a “hold” rating in a report on Monday, March 24th. 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 issued a strong buy rating to the stock. According to MarketBeat.com, EPR Properties has an average rating of “Hold” and a consensus price target of $51.00.

EPR Properties Stock Performance

NYSE:EPR opened at $46.81 on Monday. The firm has a market capitalization of $3.56 billion, a PE ratio of 20.26 and a beta of 1.30. 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 fifty day moving average price is $50.10 and its 200 day moving average price is $47.47. EPR Properties has a 12 month low of $39.66 and a 12 month high of $54.25.

EPR Properties (NYSE:EPR) last issued its earnings results on Wednesday, February 26th. The real estate investment trust reported $1.22 earnings per share for the quarter, topping the consensus estimate of $0.66 by $0.56. The business had revenue of $149.12 million for the quarter, compared to analyst estimates of $161.25 million. EPR Properties had a return on equity of 8.22% and a net margin of 28.87%. On average, sell-side analysts anticipate that EPR Properties will post 4.65 earnings per share for the current fiscal year.

EPR Properties Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be given a $0.295 dividend. The ex-dividend date is Monday, March 31st. This is a boost from EPR Properties’s previous monthly dividend of $0.29. This represents a $3.54 dividend on an annualized basis and a yield of 7.56%. EPR Properties’s payout ratio is 221.25%.

Insider Buying and Selling at EPR Properties

In related news, SVP Brian Andrew Moriarty sold 2,500 shares of the company’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 sale, the senior vice president now directly owns 15,299 shares of the company’s stock, valued at $795,395.01. This represents a 14.05 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Gwendolyn Mary Johnson sold 3,900 shares of the firm’s stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $54.02, for a total value of $210,678.00. Following the transaction, the senior vice president now owns 8,216 shares in the company, valued at $443,828.32. This represents a 32.19 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 9,520 shares of company stock worth $502,581 over the last 90 days. Corporate 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.