Discovery Capital Management LLC CT Has $4.99 Million Stock Holdings in EPR Properties (NYSE:EPR)

Discovery Capital Management LLC CT increased its stake in shares of EPR Properties (NYSE:EPR) by 36.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 112,618 shares of the real estate investment trust’s stock after buying an additional 30,000 shares during the period. Discovery Capital Management LLC CT owned 0.15% of EPR Properties worth $4,987,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in EPR. 1620 Investment Advisors Inc. lifted its position in shares of EPR Properties by 1.5% during the fourth quarter. 1620 Investment Advisors Inc. now owns 15,071 shares of the real estate investment trust’s stock worth $667,000 after purchasing an additional 219 shares in the last quarter. Global Retirement Partners LLC lifted its holdings in EPR Properties by 5.9% during the 4th quarter. Global Retirement Partners LLC now owns 4,117 shares of the real estate investment trust’s stock worth $182,000 after buying an additional 228 shares in the last quarter. Kestra Private Wealth Services LLC boosted its position in EPR Properties by 1.8% in the 4th quarter. Kestra Private Wealth Services LLC now owns 13,739 shares of the real estate investment trust’s stock valued at $608,000 after buying an additional 249 shares during the last quarter. State of Alaska Department of Revenue lifted its stake in shares of EPR Properties by 0.6% during the fourth quarter. State of Alaska Department of Revenue now owns 44,677 shares of the real estate investment trust’s stock valued at $1,977,000 after acquiring an additional 251 shares during the period. Finally, GAMMA Investing LLC boosted its stake 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 during the last quarter. Institutional investors own 74.66% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the stock. 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 research note on Thursday, March 6th. Stifel Nicolaus increased their price target on EPR Properties from $51.00 to $52.00 and gave the company a “hold” rating in a research note on Thursday, February 27th. Truist Financial lifted their price objective on EPR Properties from $51.00 to $53.00 and gave the stock a “hold” rating in a research note on Monday, March 24th. Finally, Wells Fargo & Company increased their target price on EPR Properties from $45.00 to $52.00 and gave the company an “underweight” rating in a research note on Monday, March 10th. 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 given a strong buy rating to the company. According to data from MarketBeat.com, EPR Properties presently has a consensus rating of “Hold” and an average price target of $51.00.

EPR Properties Stock Up 1.8 %

Shares of EPR Properties stock opened at $52.63 on Tuesday. 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 has a 50-day moving average of $49.88 and a two-hundred day moving average of $47.44. EPR Properties has a 1 year low of $39.66 and a 1 year high of $54.25. The company has a market capitalization of $4.00 billion, a P/E ratio of 22.79 and a beta of 1.72.

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 (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.56. The company had revenue of $149.12 million during the quarter, compared to the consensus estimate of $161.25 million. EPR Properties had a net margin of 28.87% and a return on equity of 8.22%. As a group, equities analysts predict that EPR Properties will post 4.65 EPS for the current 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 given a dividend of $0.295 per share. This is a boost from EPR Properties’s previous monthly dividend of $0.29. This represents a $3.54 annualized dividend and a dividend yield of 6.73%. The ex-dividend date is Monday, March 31st. EPR Properties’s dividend payout ratio is currently 221.25%.

Insider Buying and Selling

In other EPR Properties news, SVP Brian Andrew Moriarty sold 2,500 shares of the company’s 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 owns 15,299 shares of the company’s stock, valued at $795,395.01. This represents a 14.05 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Tonya L. Mater sold 3,120 shares of EPR Properties stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $51.90, for a total transaction of $161,928.00. Following the completion of the sale, the chief accounting officer now owns 46,827 shares in the company, valued at $2,430,321.30. This trade represents a 6.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 9,520 shares of company stock worth $502,581. 2.13% of the stock is owned by corporate insiders.

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.