Brian Andrew Moriarty Sells 2,500 Shares of EPR Properties (NYSE:EPR) Stock

EPR Properties (NYSE:EPR) SVP Brian Andrew Moriarty sold 2,500 shares of EPR Properties stock in a transaction that occurred 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 completion of the transaction, the senior vice president now directly owns 15,299 shares in the company, valued at approximately $795,395.01. This trade represents a 14.05 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

EPR Properties Price Performance

NYSE EPR opened at $51.32 on Thursday. The company has a quick ratio of 7.81, a current ratio of 7.81 and a debt-to-equity ratio of 1.19. The stock has a market capitalization of $3.90 billion, a PE ratio of 22.22 and a beta of 1.72. The company has a 50 day moving average price of $48.93 and a two-hundred day moving average price of $47.21. 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 quarterly earnings data on Wednesday, February 26th. The real estate investment trust reported $1.22 earnings per share for the quarter, topping 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 business had revenue of $149.12 million during the quarter, compared to analysts’ expectations of $161.25 million. As a group, equities analysts predict that EPR Properties will post 4.65 earnings per share for the current fiscal year.

EPR Properties Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be paid a $0.295 dividend. This represents a $3.54 dividend on an annualized basis and a dividend yield of 6.90%. This is a boost from EPR Properties’s previous monthly dividend of $0.29. The ex-dividend date is Monday, March 31st. EPR Properties’s payout ratio is presently 221.25%.

Institutional Trading of EPR Properties

A number of institutional investors and hedge funds have recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC lifted its stake in shares of EPR Properties by 3.0% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 15,271 shares of the real estate investment trust’s stock worth $676,000 after buying an additional 450 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of EPR Properties in the fourth quarter worth $4,412,000. AlphaCore Capital LLC bought a new position in EPR Properties during the fourth quarter worth $410,000. Formidable Asset Management LLC bought a new position in EPR Properties during the fourth quarter worth $425,000. Finally, GF Fund Management CO. LTD. bought a new position in EPR Properties during the fourth quarter worth $61,000. 74.66% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. Stifel Nicolaus raised their price target on shares of 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 price target on shares of 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 target on shares of EPR Properties from $46.00 to $51.00 and gave the stock a “hold” rating in a report on Tuesday. Finally, Wells Fargo & Company raised their price target on shares of EPR Properties from $45.00 to $52.00 and gave the stock an “underweight” rating in a report on Monday, March 10th. Two equities research 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 company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $50.75.

About EPR Properties

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.