Commonwealth Equity Services LLC Buys 551 Shares of EPR Properties (NYSE:EPR)

Commonwealth Equity Services LLC increased its stake in shares of EPR Properties (NYSE:EPR) by 0.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 138,050 shares of the real estate investment trust’s stock after acquiring an additional 551 shares during the quarter. Commonwealth Equity Services LLC’s holdings in EPR Properties were worth $6,113,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Wealthfront Advisers LLC bought a new stake in EPR Properties in the 4th quarter valued at $302,313,000. Geode Capital Management LLC increased its holdings in EPR Properties by 0.5% in the 3rd quarter. Geode Capital Management LLC now owns 1,425,119 shares of the real estate investment trust’s stock valued at $69,904,000 after buying an additional 7,429 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in EPR Properties by 2.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,380,301 shares of the real estate investment trust’s stock valued at $61,120,000 after buying an additional 30,401 shares during the period. Bank of New York Mellon Corp increased its holdings in EPR Properties by 5.6% in the 4th 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, JPMorgan Chase & Co. increased its holdings in EPR Properties by 35.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 673,117 shares of the real estate investment trust’s stock valued at $33,010,000 after buying an additional 177,061 shares during the period. Institutional investors own 74.66% of the company’s stock.

EPR Properties Stock Down 0.5 %

Shares of NYSE EPR opened at $51.35 on Friday. The firm’s 50-day simple moving average is $49.21 and its 200 day simple moving average is $47.27. The company has a market cap of $3.91 billion, a price-to-earnings ratio of 22.23 and a beta of 1.72. The company has a quick ratio of 7.81, a current ratio of 7.81 and a debt-to-equity ratio of 1.19. 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 results 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 business had revenue of $149.12 million for 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%. On average, research analysts expect that EPR Properties will post 4.65 earnings per share for the current fiscal year.

EPR Properties Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be given a dividend of $0.295 per share. The ex-dividend date is Monday, March 31st. This is an increase from EPR Properties’s previous monthly dividend of $0.29. This represents a $3.54 dividend on an annualized basis and a yield of 6.89%. EPR Properties’s dividend payout ratio is presently 221.25%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on EPR shares. Wells Fargo & Company boosted their price target on shares of EPR Properties from $45.00 to $52.00 and gave the company an “underweight” rating in a report on Monday, March 10th. Truist Financial boosted their price target on shares of EPR Properties from $46.00 to $51.00 and gave the company a “hold” rating in a report on Tuesday. Royal Bank of Canada boosted their target price 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. Finally, Stifel Nicolaus boosted their target price on shares of EPR Properties from $51.00 to $52.00 and gave the company a “hold” rating in a research note on Thursday, February 27th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $50.75.

Insider Buying and Selling at EPR Properties

In other EPR Properties news, SVP Gwendolyn Mary Johnson sold 3,900 shares of the company’s stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $54.02, for a total transaction of $210,678.00. Following the transaction, the senior vice president now directly owns 8,216 shares in the company, valued at approximately $443,828.32. This represents a 32.19 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Tonya L. Mater sold 3,120 shares of the company’s stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $51.90, for a total transaction of $161,928.00. Following the transaction, the chief accounting officer now owns 46,827 shares in the company, valued at approximately $2,430,321.30. The trade was a 6.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 9,520 shares of company stock worth $502,581. Company insiders own 2.13% of the company’s stock.

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.