Brevan Howard Capital Management LP Makes New Investment in EPR Properties (NYSE:EPR)

Brevan Howard Capital Management LP purchased a new stake in shares of EPR Properties (NYSE:EPR - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 9,766 shares of the real estate investment trust's stock, valued at approximately $432,000.

Several other institutional investors also recently modified their holdings of EPR. Wealthfront Advisers LLC purchased a new position in shares of EPR Properties during the fourth quarter valued at approximately $302,313,000. Norges Bank purchased a new stake in EPR Properties in the fourth quarter worth approximately $41,148,000. American Century Companies Inc. grew its position in EPR Properties by 44.6% in the 4th quarter. American Century Companies Inc. now owns 1,085,947 shares of the real estate investment trust's stock worth $48,086,000 after purchasing an additional 334,943 shares during the period. Raymond James Financial Inc. purchased a new stake in EPR Properties during the 4th quarter valued at $13,145,000. Finally, Northern Trust Corp lifted its holdings in shares of EPR Properties by 30.6% during the 4th quarter. Northern Trust Corp now owns 844,940 shares of the real estate investment trust's stock valued at $37,414,000 after buying an additional 198,019 shares during the period. 74.66% of the stock is owned by hedge funds and other institutional investors.

EPR Properties Stock Performance

NYSE EPR traded down $0.81 on Tuesday, reaching $52.37. 732,086 shares of the stock were exchanged, compared to its average volume of 610,464. The company has a current ratio of 7.81, a quick ratio of 7.81 and a debt-to-equity ratio of 1.19. EPR Properties has a one year low of $39.87 and a one year high of $54.25. The firm has a market capitalization of $3.98 billion, a PE ratio of 22.67 and a beta of 1.26. The company's 50-day simple moving average is $49.99 and its two-hundred day simple moving average is $47.58.

EPR Properties (NYSE:EPR - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The real estate investment trust reported $1.21 EPS for the quarter, beating the consensus estimate of $1.16 by $0.05. The firm had revenue of $146.36 million for the quarter, compared to the consensus estimate of $155.46 million. EPR Properties had a net margin of 28.87% and a return on equity of 8.22%. The company's revenue was up 4.7% on a year-over-year basis. During the same period last year, the firm earned $1.12 EPS. Analysts expect that EPR Properties will post 4.65 EPS for the current fiscal year.

EPR Properties Announces Dividend

The firm also recently disclosed a apr 25 dividend, which will be paid on Thursday, May 15th. Stockholders of record on Wednesday, April 30th will be paid a $0.295 dividend. This represents a dividend yield of 7.3%. The ex-dividend date of this dividend is Wednesday, April 30th. EPR Properties's dividend payout ratio (DPR) is 217.18%.

Analyst Ratings Changes

Several brokerages recently commented on EPR. Royal Bank of Canada lifted their price objective on EPR Properties from $50.00 to $58.00 and gave the stock an "outperform" rating in a report on Thursday, March 6th. StockNews.com upgraded EPR Properties from a "hold" rating to a "buy" rating in a research note on Monday. Stifel Nicolaus upped their price target 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 raised their price objective on shares of EPR Properties from $51.00 to $53.00 and gave the stock a "hold" rating in a report on Monday, March 24th. Finally, UBS Group boosted their target price on shares of EPR Properties from $52.00 to $56.00 and gave the company a "neutral" rating in a research report on Tuesday. Two research analysts have rated the stock with a sell rating, four have given a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, EPR Properties has a consensus rating of "Hold" and a consensus target price of $52.00.

Insider Buying and Selling

In other news, SVP Brian Andrew Moriarty sold 2,500 shares of EPR Properties stock in a transaction that occurred 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 sale, the senior vice president now owns 15,299 shares in the company, valued at $795,395.01. This trade represents a 14.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Tonya L. Mater sold 3,120 shares of the company's stock in a transaction on Monday, March 17th. The stock was sold at an average price of $51.90, for a total transaction of $161,928.00. Following the transaction, the chief accounting officer now owns 46,827 shares of the company's stock, valued at approximately $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 worth $502,581. 2.31% of the stock is owned by corporate 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.