612 Shares in EPR Properties (NYSE:EPR) Bought by Synergy Investment Management LLC

Synergy Investment Management LLC bought a new position in EPR Properties (NYSE:EPR) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 612 shares of the real estate investment trust’s stock, valued at approximately $27,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in EPR. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in EPR Properties by 304.7% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 457,621 shares of the real estate investment trust’s stock worth $22,442,000 after acquiring an additional 344,544 shares in the last quarter. JPMorgan Chase & Co. grew its position in EPR Properties by 35.7% in the third quarter. JPMorgan Chase & Co. now owns 673,117 shares of the real estate investment trust’s stock worth $33,010,000 after acquiring an additional 177,061 shares in the last quarter. Eagle Asset Management Inc. purchased a new stake in EPR Properties during the third quarter valued at about $5,224,000. Bank of New York Mellon Corp boosted its position in EPR Properties by 5.6% during the fourth quarter. Bank of New York Mellon Corp now owns 1,145,267 shares of the real estate investment trust’s stock valued at $50,712,000 after buying an additional 60,953 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its position in EPR Properties by 4.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,349,900 shares of the real estate investment trust’s stock valued at $66,199,000 after buying an additional 54,567 shares during the period. 74.66% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other EPR Properties news, SVP Gwendolyn Mary Johnson sold 3,900 shares of the firm’s stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $54.02, for a total value of $210,678.00. Following the completion of the sale, the senior vice president now directly owns 8,216 shares in the company, valued at $443,828.32. This trade represents a 32.19 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 2.13% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

EPR has been the subject of several analyst reports. Royal Bank of Canada restated an “outperform” rating and set a $50.00 price target on shares of EPR Properties in a research report on Thursday, January 30th. Stifel Nicolaus upped their price target on shares of EPR Properties from $51.00 to $52.00 and gave the company a “hold” rating in a research report on Thursday, February 27th. Finally, UBS Group initiated coverage on shares of EPR Properties in a research report on Thursday, November 14th. They set a “neutral” rating and a $48.00 price target for the company. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating, two have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $48.50.

EPR Properties Stock Performance

EPR Properties stock opened at $53.37 on Thursday. The company has a current ratio of 7.81, a quick ratio of 7.81 and a debt-to-equity ratio of 1.19. The firm has a 50-day moving average of $47.43 and a 200-day moving average of $46.85. The firm has a market cap of $4.04 billion, a P/E ratio of 23.10 and a beta of 1.75. EPR Properties has a 1-year low of $39.65 and a 1-year high of $54.25.

EPR Properties (NYSE:EPR) last posted its earnings results 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 company had revenue of $149.12 million during the quarter, compared to analyst estimates of $161.25 million. Sell-side analysts expect that EPR Properties will post 4.65 EPS for the current year.

EPR Properties Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be issued a $0.295 dividend. The ex-dividend date of this dividend is Monday, March 31st. This is a positive change from EPR Properties’s previous monthly dividend of $0.29. This represents a $3.54 annualized dividend and a yield of 6.63%. EPR Properties’s dividend payout ratio (DPR) is 213.75%.

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.