Bastion Asset Management Inc. Purchases Shares of 21,568 EPR Properties (NYSE:EPR)

Bastion Asset Management Inc. bought a new stake in shares of EPR Properties (NYSE:EPR - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 21,568 shares of the real estate investment trust's stock, valued at approximately $966,000.

Several other hedge funds also recently added to or reduced their stakes in the business. Wealthfront Advisers LLC acquired a new position in shares of EPR Properties in the 4th quarter valued at about $302,313,000. Charles Schwab Investment Management Inc. lifted its holdings in EPR Properties by 2.3% in the fourth 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 acquiring an additional 30,401 shares during the period. Bank of New York Mellon Corp lifted its holdings in EPR Properties by 5.6% in the fourth 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 acquiring an additional 60,953 shares during the period. LSV Asset Management boosted its holdings in EPR Properties by 12.3% during the fourth quarter. LSV Asset Management now owns 1,129,098 shares of the real estate investment trust's stock worth $49,996,000 after buying an additional 123,400 shares in the last quarter. Finally, American Century Companies Inc. grew its position in shares of EPR Properties by 44.6% during the 4th quarter. American Century Companies Inc. now owns 1,085,947 shares of the real estate investment trust's stock valued at $48,086,000 after acquiring an additional 334,943 shares during the period. 74.66% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on EPR. Stifel Nicolaus lifted their target price on shares of EPR Properties from $51.00 to $52.00 and gave the company a "hold" rating in a research report on Thursday, February 27th. Truist Financial lifted their price target on EPR Properties from $51.00 to $53.00 and gave the stock a "hold" rating in a research note on Monday, March 24th. 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 research note on Monday, March 10th. Finally, Royal Bank of Canada lifted their target price on shares of EPR Properties from $50.00 to $58.00 and gave the stock an "outperform" rating in a research note on Thursday, March 6th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $51.00.

EPR Properties Trading Up 0.5 %

Shares of EPR traded up $0.23 during midday trading on Wednesday, reaching $50.42. The company had a trading volume of 854,216 shares, compared to its average volume of 606,475. EPR Properties has a 1-year low of $39.87 and a 1-year high of $54.25. The company has a quick ratio of 7.81, a current ratio of 7.81 and a debt-to-equity ratio of 1.19. The firm has a 50 day simple moving average of $50.09 and a 200-day simple moving average of $47.45. The stock has a market cap of $3.84 billion, a PE ratio of 21.83 and a beta of 1.26.

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 earnings per share for the quarter, topping the consensus estimate of $1.16 by $0.05. EPR Properties had a return on equity of 8.22% and a net margin of 28.87%. The firm's revenue for the quarter was up 4.7% on a year-over-year basis. During the same period last year, the business earned $1.12 earnings per share. Research analysts forecast that EPR Properties will post 4.65 EPS for the current fiscal year.

EPR Properties Dividend Announcement

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

Insider Buying and Selling at EPR Properties

In other news, SVP Gwendolyn Mary Johnson sold 3,900 shares of the company's 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 sale, the senior vice president now owns 8,216 shares of the company's stock, valued at approximately $443,828.32. This represents a 32.19 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Brian Andrew Moriarty sold 2,500 shares of the stock in a transaction on Monday, March 17th. The shares were sold at an average price of $51.99, for a total value of $129,975.00. Following the completion of the sale, the senior vice president now 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 disclosure for this sale can be found here. Insiders sold a total of 9,520 shares of company stock worth $502,581 over the last three months. Insiders own 2.31% of the company's stock.

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.