Penn Capital Management Company LLC Purchases 6,418 Shares of EPR Properties (NYSE:EPR)

Penn Capital Management Company LLC lifted its position in EPR Properties (NYSE:EPR - Free Report) by 2.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 291,203 shares of the real estate investment trust's stock after purchasing an additional 6,418 shares during the quarter. Penn Capital Management Company LLC owned 0.38% of EPR Properties worth $12,894,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wealthfront Advisers LLC acquired a new position in shares of EPR Properties in the 4th quarter valued at $302,313,000. Charles Schwab Investment Management Inc. raised its position 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 worth $61,120,000 after purchasing an additional 30,401 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in EPR Properties by 5.6% during the fourth quarter. Bank of New York Mellon Corp now owns 1,145,267 shares of the real estate investment trust's stock worth $50,712,000 after purchasing 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 valued at $49,996,000 after purchasing an additional 123,400 shares in the last quarter. Finally, American Century Companies Inc. grew its stake in shares of 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 valued at $48,086,000 after purchasing an additional 334,943 shares during the period. 74.66% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Royal Bank of Canada boosted their price target on EPR Properties from $50.00 to $58.00 and gave the company an "outperform" rating in a research note on Thursday, March 6th. Wells Fargo & Company boosted their target price on shares of EPR Properties from $45.00 to $52.00 and gave the company an "underweight" rating in a research note on Monday, March 10th. Truist Financial lifted their price target on shares of EPR Properties from $51.00 to $53.00 and gave the company a "hold" rating in a report on Monday, March 24th. Finally, Stifel Nicolaus boosted their price objective on EPR Properties from $51.00 to $52.00 and gave the stock a "hold" rating in a research note on Thursday, February 27th. Two analysts have rated the stock with a sell rating, five have given a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, EPR Properties presently has an average rating of "Hold" and an average target price of $51.00.

EPR Properties Trading Up 0.5 %

EPR traded up $0.23 during trading on Tuesday, reaching $49.79. 157,858 shares of the company's stock were exchanged, compared to its average volume of 609,913. The company's fifty day moving average price is $50.17 and its 200-day moving average price is $47.40. The firm has a market capitalization of $3.79 billion, a PE ratio of 21.55 and a beta of 1.30. EPR Properties has a fifty-two week low of $39.87 and a fifty-two week high of $54.25. The company has a debt-to-equity ratio of 1.19, a quick ratio of 7.81 and a current ratio of 7.81.

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

EPR Properties Announces Dividend

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

Insiders Place Their Bets

In related news, SVP Brian Andrew Moriarty sold 2,500 shares of the stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $51.99, for a total transaction of $129,975.00. Following the completion of the sale, the senior vice president now directly owns 15,299 shares of the company's stock, valued at approximately $795,395.01. This represents a 14.05 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Tonya L. Mater sold 3,120 shares of EPR Properties stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $51.90, for a total transaction of $161,928.00. Following the completion of the transaction, the chief accounting officer now directly owns 46,827 shares in the company, valued at approximately $2,430,321.30. The trade was a 6.25 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 9,520 shares of company stock worth $502,581. Company insiders own 2.31% of the company's stock.

About EPR Properties

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.