EPR Properties’ (EPR) Underweight Rating Reiterated at Wells Fargo & Company

Wells Fargo & Company reissued their underweight rating on shares of EPR Properties (NYSE:EPR) in a research note issued to investors on Tuesday morning, Benzinga reports. They currently have a $47.00 price objective on the real estate investment trust’s stock, up from their previous price objective of $45.00.

EPR has been the subject of a number of other reports. Royal Bank of Canada upgraded shares of EPR Properties from a sector perform rating to an outperform rating and boosted their price target for the company from $48.00 to $50.00 in a research report on Monday, August 5th. Raymond James upgraded shares of EPR Properties from an outperform rating to a strong-buy rating and set a $54.00 price target for the company in a research report on Wednesday, August 21st. StockNews.com lowered shares of EPR Properties from a buy rating to a hold rating in a research report on Thursday, August 1st. Truist Financial boosted their price target on shares of EPR Properties from $44.00 to $46.00 and gave the company a hold rating in a research report on Friday, August 16th. Finally, JMP Securities restated a market perform rating on shares of EPR Properties in a research report on Tuesday, September 24th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of Hold and an average target price of $48.28.

EPR Properties Trading Down 0.4 %

Shares of EPR stock opened at $47.60 on Tuesday. The company’s fifty day simple moving average is $46.76 and its two-hundred day simple moving average is $43.37. The company has a debt-to-equity ratio of 1.16, a current ratio of 11.12 and a quick ratio of 11.12. EPR Properties has a 1 year low of $39.65 and a 1 year high of $50.26. The stock has a market capitalization of $3.60 billion, a price-to-earnings ratio of 23.45 and a beta of 1.75.

EPR Properties Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be given a dividend of $0.285 per share. The ex-dividend date of this dividend is Monday, September 30th. This represents a $3.42 annualized dividend and a yield of 7.18%. EPR Properties’s payout ratio is 168.47%.

Insider Buying and Selling at EPR Properties

In other EPR Properties news, CAO Tonya L. Mater sold 1,000 shares of the company’s stock in a transaction dated Wednesday, August 21st. The shares were sold at an average price of $46.00, for a total transaction of $46,000.00. Following the completion of the sale, the chief accounting officer now directly owns 42,710 shares in the company, valued at $1,964,660. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. In other EPR Properties news, CAO Tonya L. Mater sold 1,000 shares of the company’s stock in a transaction dated Wednesday, August 21st. The shares were sold at an average price of $46.00, for a total transaction of $46,000.00. Following the completion of the sale, the chief accounting officer now directly owns 42,710 shares in the company, valued at $1,964,660. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, SVP Gwendolyn Mary Johnson sold 592 shares of the company’s stock in a transaction dated 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 of the company’s stock, valued at $253,279.60. The disclosure for this sale can be found here. Company insiders own 2.13% of the company’s stock.

Hedge Funds Weigh In On EPR Properties

Several hedge funds and other institutional investors have recently modified their holdings of EPR. Franklin Resources Inc. raised its stake in shares of EPR Properties by 14.7% during the fourth quarter. Franklin Resources Inc. now owns 39,633 shares of the real estate investment trust’s stock valued at $1,920,000 after acquiring an additional 5,091 shares during the last quarter. Hsbc Holdings PLC raised its stake in shares of EPR Properties by 14.7% during the fourth quarter. Hsbc Holdings PLC now owns 41,409 shares of the real estate investment trust’s stock valued at $2,006,000 after acquiring an additional 5,317 shares during the last quarter. Allianz Asset Management GmbH raised its stake in shares of EPR Properties by 93.9% during the fourth quarter. Allianz Asset Management GmbH now owns 89,195 shares of the real estate investment trust’s stock valued at $4,321,000 after acquiring an additional 43,190 shares during the last quarter. Treasurer of the State of North Carolina raised its stake in shares of EPR Properties by 1.0% during the fourth quarter. Treasurer of the State of North Carolina now owns 32,910 shares of the real estate investment trust’s stock valued at $1,594,000 after acquiring an additional 320 shares during the last quarter. Finally, Pinebridge Investments L.P. bought a new position in shares of EPR Properties during the fourth quarter valued at about $470,000. 74.66% of the stock is owned by institutional investors.

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.