TT Capital Management LLC trimmed its holdings in EPR Properties (NYSE:EPR – Free Report) by 61.4% during the first quarter, HoldingsChannel.com reports. The firm owned 8,925 shares of the real estate investment trust’s stock after selling 14,200 shares during the period. TT Capital Management LLC’s holdings in EPR Properties were worth $470,000 as of its most recent SEC filing.
A number of other institutional investors also recently made changes to their positions in EPR. Treasurer of the State of North Carolina raised its position in shares of 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 valued at $1,455,000 after acquiring an additional 210 shares in the last quarter. 1620 Investment Advisors Inc. raised its position in shares of EPR Properties by 1.5% during 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 acquiring an additional 219 shares in the last quarter. Global Retirement Partners LLC raised its position in shares of EPR Properties by 5.9% during 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 acquiring an additional 228 shares in the last quarter. Teamwork Financial Advisors LLC raised its position in shares of EPR Properties by 2.8% during the 1st 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 in the last quarter. Finally, MRP Capital Investments LLC raised its position in shares of EPR Properties by 9.9% during the 4th quarter. MRP Capital Investments LLC now owns 4,446 shares of the real estate investment trust’s stock valued at $197,000 after acquiring an additional 401 shares in the last quarter. 74.66% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several equities research analysts recently issued reports on the company. Truist Financial upped their price target on EPR Properties from $53.00 to $55.00 and gave the company a “hold” rating in a research report on Monday, May 19th. Wall Street Zen raised EPR Properties from a “hold” rating to a “buy” rating in a research report on Monday, May 12th. UBS Group upped their price target on EPR Properties from $52.00 to $56.00 and gave the company a “neutral” rating in a research report on Tuesday, May 13th. Stifel Nicolaus upgraded EPR Properties from a “hold” rating to a “buy” rating and upped their price objective for the stock from $52.00 to $65.00 in a research note on Friday. Finally, Raymond James Financial restated a “strong-buy” rating on shares of EPR Properties in a research note on Friday, May 23rd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, EPR Properties presently has an average rating of “Moderate Buy” and a consensus target price of $56.43.
EPR Properties Price Performance
Shares of EPR opened at $58.27 on Friday. The company has a market cap of $4.43 billion, a P/E ratio of 35.75, a PEG ratio of 4.44 and a beta of 1.27. The stock has a fifty day moving average price of $52.97 and a 200 day moving average price of $49.57. The company has a debt-to-equity ratio of 1.20, a current ratio of 8.28 and a quick ratio of 8.28. EPR Properties has a 12 month low of $40.79 and a 12 month high of $58.78.
EPR Properties (NYSE:EPR – Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The real estate investment trust reported $1.21 EPS for the quarter, topping analysts’ consensus estimates of $1.16 by $0.05. EPR Properties had a return on equity of 6.30% and a net margin of 21.13%. The firm had revenue of $146.36 million during the quarter, compared to the consensus estimate of $155.46 million. During the same period in the prior year, the business earned $1.12 EPS. The firm’s revenue was up 4.7% on a year-over-year basis. On average, research analysts forecast that EPR Properties will post 4.65 earnings per share for the current year.
EPR Properties Dividend Announcement
The firm also recently declared 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. The ex-dividend date is Monday, June 30th. This represents a dividend yield of 6.3%. EPR Properties’s payout ratio is 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.
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