EPR Properties (NYSE:EPR) Sets New 12-Month High After Analyst Upgrade

Shares of EPR Properties (NYSE:EPR - Get Free Report) hit a new 52-week high during trading on Tuesday after Wells Fargo & Company raised their price target on the stock from $52.00 to $53.00. Wells Fargo & Company currently has an underweight rating on the stock. EPR Properties traded as high as $56.17 and last traded at $56.02, with a volume of 764082 shares traded. The stock had previously closed at $55.69.

EPR has been the topic of several other reports. Truist Financial raised their price objective on EPR Properties from $53.00 to $55.00 and gave the stock a "hold" rating in a report on Monday, May 19th. UBS Group lifted their price objective on EPR Properties from $52.00 to $56.00 and gave the company a "neutral" rating in a report on Tuesday, May 13th. Raymond James reiterated a "strong-buy" rating on shares of EPR Properties in a report on Friday, May 23rd. Wall Street Zen raised shares of EPR Properties from a "hold" rating to a "buy" rating in a research report on Monday, May 12th. Finally, Stifel Nicolaus upped their price target on shares of EPR Properties from $51.00 to $52.00 and gave the stock a "hold" rating in a research report on Thursday, February 27th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $54.57.

Insider Transactions at EPR Properties

In other EPR Properties news, 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 transaction of $129,975.00. Following the transaction, the senior vice president now directly owns 15,299 shares of the company's stock, valued at $795,395.01. This trade represents a 14.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Tonya L. Mater sold 3,120 shares of the stock in a transaction on 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 transaction, the chief accounting officer now directly owns 46,827 shares of the company's stock, valued at approximately $2,430,321.30. This represents a 6.25% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 2.31% of the company's stock.

Institutional Trading of EPR Properties

Institutional investors have recently made changes to their positions in the company. Wealthfront Advisers LLC purchased a new stake in EPR Properties in the fourth quarter valued at approximately $302,313,000. Deutsche Bank AG increased its stake in EPR Properties by 3,816.2% during the 1st quarter. Deutsche Bank AG now owns 1,874,975 shares of the real estate investment trust's stock worth $98,642,000 after buying an additional 1,827,098 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in EPR Properties by 2.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,380,301 shares of the real estate investment trust's stock worth $61,120,000 after buying an additional 30,401 shares in the last quarter. LSV Asset Management boosted its position in EPR Properties by 11.4% in the 1st quarter. LSV Asset Management now owns 1,257,666 shares of the real estate investment trust's stock valued at $66,166,000 after buying an additional 128,568 shares during the period. Finally, AQR Capital Management LLC grew its stake in shares of EPR Properties by 38.3% in the first quarter. AQR Capital Management LLC now owns 1,195,997 shares of the real estate investment trust's stock worth $61,887,000 after acquiring an additional 331,513 shares in the last quarter. Hedge funds and other institutional investors own 74.66% of the company's stock.

EPR Properties Stock Down 1.0%

The firm has a market cap of $4.25 billion, a PE ratio of 24.18 and a beta of 1.26. 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 business has a 50-day moving average price of $50.66 and a two-hundred day moving average price of $48.51.

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

EPR Properties Dividend Announcement

The firm also recently disclosed a may 25 dividend, which will be paid on Monday, June 16th. Investors of record on Friday, May 30th will be given a $0.295 dividend. The ex-dividend date is Friday, May 30th. This represents a dividend yield of 6.6%. EPR Properties's dividend payout ratio is presently 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.