EPR Properties (NYSE:EPR) Raised to “Strong-Buy” at Raymond James

Raymond James upgraded shares of EPR Properties (NYSE:EPR) from an outperform rating to a strong-buy rating in a research note issued to investors on Wednesday morning, MarketBeat.com reports. The brokerage currently has $54.00 target price on the real estate investment trust’s stock.

Other research analysts also recently issued reports about the stock. Stifel Nicolaus increased their target price on shares of EPR Properties from $42.50 to $47.50 and gave the company a hold rating in a research report on Thursday, August 1st. Bank of America downgraded shares of EPR Properties from a neutral rating to an underperform rating and cut their price objective for the stock from $45.00 to $40.00 in a report on Monday, May 20th. Royal Bank of Canada raised shares of EPR Properties from a sector perform rating to an outperform rating and raised their price objective for the stock from $48.00 to $50.00 in a report on Monday, August 5th. JMP Securities reaffirmed a market perform rating on shares of EPR Properties in a report on Friday, June 14th. Finally, Truist Financial raised their price objective on shares of EPR Properties from $44.00 to $46.00 and gave the stock a hold rating in a report on Friday, August 16th. Two analysts have rated the stock with a sell rating, four have issued a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of Hold and a consensus price target of $47.50.

EPR Properties Stock Up 1.9 %

EPR Properties stock opened at $47.56 on Wednesday. EPR Properties has a twelve month low of $39.65 and a twelve month high of $49.10. The firm has a 50 day moving average price of $43.40 and a 200-day moving average price of $42.18. The company has a market capitalization of $3.60 billion, a P/E ratio of 23.43 and a beta of 1.73. The company has a quick ratio of 8.45, a current ratio of 11.12 and a debt-to-equity ratio of 1.16.

EPR Properties Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, September 16th. Shareholders of record on Friday, August 30th will be paid a $0.285 dividend. This represents a $3.42 annualized dividend and a yield of 7.19%. The ex-dividend date is Friday, August 30th. EPR Properties’s dividend payout ratio is presently 168.47%.

Insiders Place Their Bets

In other EPR Properties news, CAO Tonya L. Mater sold 1,000 shares of the stock in a transaction that occurred on Wednesday, August 21st. The shares were sold at an average price of $46.00, for a total value of $46,000.00. Following the sale, the chief accounting officer now directly owns 42,710 shares in the company, valued at approximately $1,964,660. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, CAO Tonya L. Mater sold 1,000 shares of the firm’s stock in a transaction on Wednesday, August 21st. The shares were sold at an average price of $46.00, for a total transaction of $46,000.00. Following the sale, the chief accounting officer now owns 42,710 shares in the company, valued at approximately $1,964,660. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Gwendolyn Mary Johnson sold 592 shares of the firm’s stock in a transaction on Monday, August 5th. The shares were sold at an average price of $43.82, for a total transaction of $25,941.44. Following the sale, the senior vice president now owns 5,780 shares in the company, valued at approximately $253,279.60. The disclosure for this sale can be found here. Corporate insiders own 2.13% of the company’s stock.

Hedge Funds Weigh In On EPR Properties

Large investors have recently added to or reduced their stakes in the business. Vermillion & White Wealth Management Group LLC purchased a new position in EPR Properties in the 4th quarter worth $25,000. GAMMA Investing LLC raised its position in EPR Properties by 262.2% in the 2nd quarter. GAMMA Investing LLC now owns 594 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 430 shares during the period. Principal Securities Inc. purchased a new position in EPR Properties in the 4th quarter worth $31,000. Mather Group LLC. purchased a new position in EPR Properties in the 1st quarter worth $36,000. Finally, Abich Financial Wealth Management LLC raised its position in EPR Properties by 53.7% in the 1st quarter. Abich Financial Wealth Management LLC now owns 902 shares of the real estate investment trust’s stock worth $38,000 after purchasing an additional 315 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.