Sycale Advisors NY LLC Has $31.87 Million Stock Holdings in EPR Properties (NYSE:EPR)

Sycale Advisors NY LLC reduced its holdings in shares of EPR Properties (NYSE:EPR) by 6.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 719,758 shares of the real estate investment trust’s stock after selling 49,866 shares during the quarter. EPR Properties makes up approximately 8.3% of Sycale Advisors NY LLC’s holdings, making the stock its biggest position. Sycale Advisors NY LLC owned approximately 0.95% of EPR Properties worth $31,871,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in EPR. Treasurer of the State of North Carolina boosted its holdings in shares of EPR Properties by 0.6% in the 4th quarter. Treasurer of the State of North Carolina now owns 32,851 shares of the real estate investment trust’s stock valued at $1,455,000 after buying an additional 210 shares during the last quarter. 1620 Investment Advisors Inc. boosted its holdings in shares of EPR Properties by 1.5% in the 4th quarter. 1620 Investment Advisors Inc. now owns 15,071 shares of the real estate investment trust’s stock valued at $667,000 after buying an additional 219 shares during the last quarter. Global Retirement Partners LLC boosted its holdings in shares of EPR Properties by 5.9% in the 4th quarter. Global Retirement Partners LLC now owns 4,117 shares of the real estate investment trust’s stock valued at $182,000 after buying an additional 228 shares during the last quarter. Kestra Private Wealth Services LLC boosted its holdings in shares of 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. Finally, State of Alaska Department of Revenue boosted its holdings in shares of EPR Properties by 0.6% in the 4th 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 buying an additional 251 shares during the last quarter. 74.66% of the stock is owned by institutional investors.

Analysts Set New Price Targets

EPR has been the subject of several recent analyst reports. Stifel Nicolaus increased their price objective on EPR Properties from $51.00 to $52.00 and gave the company a “hold” rating in a report on Thursday, February 27th. Wells Fargo & Company increased their price objective on EPR Properties from $45.00 to $52.00 and gave the company an “underweight” rating in a report on Monday, March 10th. StockNews.com raised EPR Properties from a “hold” rating to a “buy” rating in a report on Monday, May 12th. UBS Group lifted their price objective on shares of EPR Properties from $52.00 to $56.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 13th. Finally, Truist Financial lifted their price objective on shares of EPR Properties from $51.00 to $53.00 and gave the stock a “hold” rating in a research report on Monday, March 24th. Two 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 MarketBeat, the company has an average rating of “Hold” and an average target price of $52.00.

Insider Transactions at EPR Properties

In other news, SVP Gwendolyn Mary Johnson sold 3,900 shares of EPR Properties stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $54.02, for a total transaction of $210,678.00. Following the completion of the sale, the senior vice president now owns 8,216 shares of the company’s stock, valued at approximately $443,828.32. This trade represents a 32.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Tonya L. Mater sold 3,120 shares of EPR Properties stock in a transaction on Monday, March 17th. The stock was sold at an average price of $51.90, for a total value of $161,928.00. Following the sale, the chief accounting officer now directly owns 46,827 shares of the company’s stock, valued at $2,430,321.30. This represents a 6.25% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 9,520 shares of company stock valued at $502,581. 2.31% of the stock is currently owned by corporate insiders.

EPR Properties Trading Up 0.9%

EPR stock opened at $54.18 on Friday. 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 fifty day moving average price of $50.02 and a two-hundred day moving average price of $47.74. EPR Properties has a one year low of $39.87 and a one year high of $54.25. The stock has a market cap of $4.12 billion, a price-to-earnings ratio of 23.46 and a beta of 1.26.

EPR Properties (NYSE:EPR) last posted its earnings results on Wednesday, May 7th. The real estate investment trust reported $1.21 earnings per share for the quarter, topping analysts’ consensus estimates of $1.16 by $0.05. EPR Properties had a return on equity of 8.22% and a net margin of 28.87%. The company had revenue of $146.36 million during the quarter, compared to the consensus estimate of $155.46 million. During the same quarter last year, the firm earned $1.12 earnings per share. The company’s revenue was up 4.7% on a year-over-year basis. Equities analysts anticipate that EPR Properties will post 4.65 EPS for the current year.

EPR Properties Announces Dividend

The company also recently announced a may 25 dividend, which will be paid on Monday, June 16th. Stockholders of record on Friday, May 30th will be issued a dividend of $0.295 per share. This represents a dividend yield of 6.6%. The ex-dividend date of this dividend is Friday, May 30th. EPR Properties’s dividend payout ratio is currently 217.18%.

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.