Prosperity Consulting Group LLC Acquires New Shares in EPR Properties (NYSE:EPR)

Prosperity Consulting Group LLC acquired a new stake in EPR Properties (NYSE:EPR) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 6,158 shares of the real estate investment trust’s stock, valued at approximately $273,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Synergy Investment Management LLC bought a new stake in shares of EPR Properties in the fourth quarter valued at about $27,000. GAMMA Investing LLC raised its holdings in shares of EPR Properties by 36.6% in the fourth quarter. GAMMA Investing LLC now owns 1,127 shares of the real estate investment trust’s stock valued at $50,000 after acquiring an additional 302 shares in the last quarter. Principal Securities Inc. grew its stake in EPR Properties by 54.5% in the fourth quarter. Principal Securities Inc. now owns 1,296 shares of the real estate investment trust’s stock valued at $57,000 after purchasing an additional 457 shares during the last quarter. Brown Brothers Harriman & Co. purchased a new position in EPR Properties in the fourth quarter valued at about $60,000. Finally, EverSource Wealth Advisors LLC grew its stake in EPR Properties by 51.8% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,530 shares of the real estate investment trust’s stock valued at $68,000 after purchasing an additional 522 shares during the last quarter. 74.66% of the stock is currently owned by institutional investors.

EPR Properties Trading Up 1.0 %

Shares of EPR stock opened at $49.58 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 company has a market cap of $3.77 billion, a price-to-earnings ratio of 21.46 and a beta of 1.30. The stock has a 50 day simple moving average of $50.17 and a 200-day simple moving average of $47.40. EPR Properties has a 1-year low of $39.87 and a 1-year high of $54.25.

EPR Properties (NYSE:EPR) last announced its earnings results on Wednesday, February 26th. The real estate investment trust reported $1.22 earnings per share for the quarter, topping the consensus estimate of $0.66 by $0.56. The business had revenue of $149.12 million during the quarter, compared to the consensus estimate of $161.25 million. EPR Properties had a return on equity of 8.22% and a net margin of 28.87%. On average, equities research analysts expect that EPR Properties will post 4.65 EPS for the current fiscal year.

EPR Properties Dividend Announcement

The firm also recently declared a apr 25 dividend, which will be paid on Thursday, May 15th. Investors of record on Wednesday, April 30th will be given a dividend of $0.295 per share. The ex-dividend date is Wednesday, April 30th. This represents a yield of 7.3%. EPR Properties’s payout ratio is presently 221.25%.

Wall Street Analyst Weigh In

Several research firms have issued reports on EPR. Wells Fargo & Company lifted 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. Stifel Nicolaus boosted their price target on EPR Properties from $51.00 to $52.00 and gave the company a “hold” rating in a report on Thursday, February 27th. Royal Bank of Canada boosted their price target on EPR Properties from $50.00 to $58.00 and gave the company an “outperform” rating in a report on Thursday, March 6th. Finally, Truist Financial boosted their price target on EPR Properties from $51.00 to $53.00 and gave the company a “hold” rating in a report on Monday, March 24th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $51.00.

Insider Buying and Selling

In related news, SVP Brian Andrew Moriarty sold 2,500 shares of the business’s stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $51.99, for a total transaction of $129,975.00. Following the transaction, the senior vice president now directly owns 15,299 shares in the company, valued at approximately $795,395.01. The trade was a 14.05 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, SVP Gwendolyn Mary Johnson sold 3,900 shares of the business’s stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $54.02, for a total transaction of $210,678.00. Following the transaction, the senior vice president now owns 8,216 shares in the company, valued at $443,828.32. The trade was a 32.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 9,520 shares of company stock worth $502,581. 2.31% of the stock is owned by insiders.

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.