Intech Investment Management LLC Raises Position in EPR Properties (NYSE:EPR)

Intech Investment Management LLC raised its holdings in EPR Properties (NYSE:EPR) by 124.8% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 43,905 shares of the real estate investment trust’s stock after acquiring an additional 24,373 shares during the quarter. Intech Investment Management LLC’s holdings in EPR Properties were worth $1,944,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brooklyn Investment Group acquired a new stake in shares of EPR Properties in the 3rd quarter valued at $27,000. Synergy Investment Management LLC acquired a new stake in shares of EPR Properties in the 4th quarter valued at $27,000. GAMMA Investing LLC raised its holdings in shares of EPR Properties by 36.6% in the 4th 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 in the last quarter. Principal Securities Inc. raised its holdings in shares of EPR Properties by 54.5% in the 4th quarter. Principal Securities Inc. now owns 1,296 shares of the real estate investment trust’s stock valued at $57,000 after purchasing an additional 457 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its holdings in shares of EPR Properties by 51.8% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,530 shares of the real estate investment trust’s stock valued at $68,000 after purchasing an additional 522 shares in the last quarter. Hedge funds and other institutional investors own 74.66% of the company’s stock.

EPR Properties Trading Up 0.6 %

NYSE EPR opened at $51.61 on Friday. 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 firm has a market cap of $3.93 billion, a PE ratio of 22.34 and a beta of 1.72. EPR Properties has a one year low of $39.66 and a one year high of $54.25. The firm’s fifty day moving average is $49.07 and its two-hundred day moving average is $47.24.

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, beating analysts’ consensus estimates of $0.66 by $0.56. EPR Properties had a net margin of 28.87% and a return on equity of 8.22%. The company had revenue of $149.12 million for the quarter, compared to analyst estimates of $161.25 million. Analysts expect that EPR Properties will post 4.65 earnings per share for the current year.

EPR Properties Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be paid a dividend of $0.295 per share. This represents a $3.54 dividend on an annualized basis and a dividend yield of 6.86%. This is a positive change from EPR Properties’s previous monthly dividend of $0.29. The ex-dividend date is Monday, March 31st. EPR Properties’s payout ratio is 221.25%.

Insider Transactions at EPR Properties

In other EPR Properties news, 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 in the company, valued at approximately $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 SEC, which can be accessed through this link. Also, SVP Gwendolyn Mary Johnson sold 3,900 shares of the company’s stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $54.02, for a total transaction of $210,678.00. Following the transaction, 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 ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 9,520 shares of company stock worth $502,581 over the last ninety days. 2.13% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. 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 report on Monday, March 10th. Royal Bank of Canada raised their price objective 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 lifted their price target on shares of EPR Properties from $51.00 to $52.00 and gave the stock a “hold” rating in a research note on Thursday, February 27th. Finally, Truist Financial lifted their price target on shares of EPR Properties from $46.00 to $51.00 and gave the stock a “hold” rating in a research note on Tuesday. Two investment analysts have rated the stock with a sell rating, five have given a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, EPR Properties has an average rating of “Hold” and an average price target of $50.75.

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.