Boothbay Fund Management LLC Purchases New Position in EPR Properties (NYSE:EPR)

Boothbay Fund Management LLC acquired a new stake in EPR Properties (NYSE:EPR - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 15,442 shares of the real estate investment trust's stock, valued at approximately $684,000.

Other hedge funds also recently made changes to their positions in the company. Barclays PLC grew its stake in EPR Properties by 14.6% during the 3rd quarter. Barclays PLC now owns 40,647 shares of the real estate investment trust's stock worth $1,993,000 after buying an additional 5,184 shares during the last quarter. World Investment Advisors LLC acquired a new stake in shares of EPR Properties in the third quarter valued at approximately $517,000. JPMorgan Chase & Co. grew its position in shares of EPR Properties by 35.7% during the third quarter. JPMorgan Chase & Co. now owns 673,117 shares of the real estate investment trust's stock worth $33,010,000 after acquiring an additional 177,061 shares during the last quarter. GAMMA Investing LLC increased its holdings in shares of EPR Properties by 36.6% in the 4th 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 during the period. Finally, Sterneck Capital Management LLC purchased a new stake in EPR Properties in the 4th quarter valued at $253,000. Hedge funds and other institutional investors own 74.66% of the company's stock.

Analysts Set New Price Targets

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

EPR Properties Trading Up 0.5 %

Shares of EPR Properties stock traded up $0.26 during mid-day trading on Friday, hitting $49.90. 416,122 shares of the stock were exchanged, compared to its average volume of 607,192. The company has a 50-day simple moving average of $50.15 and a 200 day simple moving average of $47.44. The company has a current ratio of 7.81, a quick ratio of 7.81 and a debt-to-equity ratio of 1.19. The stock has a market capitalization of $3.80 billion, a price-to-earnings ratio of 21.60 and a beta of 1.30. EPR Properties has a twelve month low of $39.87 and a twelve month high of $54.25.

EPR Properties (NYSE:EPR - Get Free Report) last released its earnings results on Wednesday, February 26th. The real estate investment trust reported $1.22 EPS for the quarter, topping the consensus estimate of $0.66 by $0.56. EPR Properties had a net margin of 28.87% and a return on equity of 8.22%. The firm had revenue of $149.12 million during the quarter, compared to analysts' expectations of $161.25 million. Research analysts forecast that EPR Properties will post 4.65 EPS for the current year.

EPR Properties Dividend Announcement

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

Insider Activity

In other EPR Properties news, CAO Tonya L. Mater sold 3,120 shares of the company's stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $51.90, for a total transaction of $161,928.00. Following the completion of the sale, the chief accounting officer now directly owns 46,827 shares in the company, valued at $2,430,321.30. This represents a 6.25 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Brian Andrew Moriarty sold 2,500 shares of the firm's stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $51.99, for a total value of $129,975.00. Following the completion of the transaction, the senior vice president now owns 15,299 shares in the company, valued at approximately $795,395.01. This trade represents 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 valued at $502,581 in the last 90 days. 2.31% of the stock is currently owned by insiders.

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.