4,083 Shares in EPR Properties (NYSE:EPR) Acquired by Family Wealth Partners LLC

Family Wealth Partners LLC acquired a new stake in EPR Properties (NYSE:EPR) in the 1st quarter, according to its most recent disclosure with the SEC. The fund acquired 4,083 shares of the real estate investment trust’s stock, valued at approximately $215,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Treasurer of the State of North Carolina raised its stake in EPR Properties by 0.6% during the 4th quarter. Treasurer of the State of North Carolina now owns 32,851 shares of the real estate investment trust’s stock worth $1,455,000 after buying an additional 210 shares during the period. 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 acquiring an additional 219 shares in the last quarter. Global Retirement Partners LLC raised its position in shares of EPR Properties by 5.9% in the fourth 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 raised its position in shares of EPR Properties by 1.8% in the fourth quarter. Kestra Private Wealth Services LLC now owns 13,739 shares of the real estate investment trust’s stock worth $608,000 after buying an additional 249 shares in the last quarter. Finally, Teamwork Financial Advisors LLC increased its stake in EPR Properties by 2.8% in the first quarter. Teamwork Financial Advisors LLC now owns 10,984 shares of the real estate investment trust’s stock valued at $578,000 after acquiring an additional 295 shares during the last quarter. Institutional investors own 74.66% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently issued reports on EPR shares. Royal Bank of Canada reissued an “outperform” rating and issued a $58.00 target price on shares of EPR Properties in a research note on Monday, May 19th. Wall Street Zen raised shares of EPR Properties from a “hold” rating to a “buy” rating in a report on Monday, May 12th. UBS Group increased their price target on shares of EPR Properties from $52.00 to $56.00 and gave the company a “neutral” rating in a report on Tuesday, May 13th. Truist Financial raised their target price on shares of EPR Properties from $53.00 to $55.00 and gave the stock a “hold” rating in a research report on Monday, May 19th. Finally, Raymond James reissued a “strong-buy” rating on shares of EPR Properties in a report on Friday, May 23rd. One research analyst has rated the stock with a sell rating, four have issued a hold rating, three have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, EPR Properties presently has a consensus rating of “Hold” and an average price target of $54.57.

Insider Activity

In other EPR Properties news, CAO Tonya L. Mater sold 3,120 shares of EPR Properties stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $51.90, for a total value 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. The trade was a 6.25% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Brian Andrew Moriarty sold 2,500 shares of the company’s stock in a transaction on Monday, March 17th. The shares were sold at an average price of $51.99, for a total transaction of $129,975.00. Following the completion of the sale, the senior vice president now directly owns 15,299 shares in the company, valued at approximately $795,395.01. This represents a 14.05% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 2.31% of the company’s stock.

EPR Properties Stock Performance

Shares of EPR opened at $56.54 on Friday. The company has a debt-to-equity ratio of 1.19, a quick ratio of 7.81 and a current ratio of 7.81. The company has a market capitalization of $4.30 billion, a price-to-earnings ratio of 24.48 and a beta of 1.27. EPR Properties has a 1 year low of $40.04 and a 1 year high of $57.72. The company’s 50 day simple moving average is $51.88 and its 200 day simple moving average is $49.14.

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

EPR Properties Announces Dividend

The company also recently disclosed a jun 25 dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th will be paid a $0.295 dividend. This represents a dividend yield of 6.3%. The ex-dividend date is Monday, June 30th. EPR Properties’s payout ratio is 217.18%.

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.