EPR Properties (NYSE:EPR) Price Target Raised to $62.00

EPR Properties (NYSE:EPR - Get Free Report) had its price objective lifted by equities research analysts at UBS Group from $56.00 to $62.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm presently has a "neutral" rating on the real estate investment trust's stock. UBS Group's price target suggests a potential upside of 3.02% from the company's current price.

Several other brokerages have also commented on EPR. Truist Financial lifted their target price on EPR Properties from $53.00 to $55.00 and gave the stock a "hold" rating in a research report on Monday, May 19th. Raymond James Financial reiterated a "strong-buy" rating on shares of EPR Properties in a research report on Friday, May 23rd. Wall Street Zen upgraded EPR Properties from a "hold" rating to a "buy" rating in a research report on Monday, May 12th. Wells Fargo & Company raised their price target on EPR Properties from $52.00 to $53.00 and gave the stock an "underweight" rating in a report on Monday, June 2nd. Finally, Royal Bank Of Canada reissued an "outperform" rating and issued a $58.00 price target on shares of EPR Properties in a report on Monday, May 19th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, four have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, EPR Properties presently has a consensus rating of "Moderate Buy" and a consensus target price of $57.29.

EPR Properties Stock Up 0.9%

NYSE EPR traded up $0.51 during mid-day trading on Wednesday, reaching $60.18. 691,966 shares of the company's stock traded hands, compared to its average volume of 635,917. EPR Properties has a 1-year low of $41.75 and a 1-year high of $61.25. The company has a fifty day simple moving average of $56.43 and a 200-day simple moving average of $51.35. The company has a current ratio of 8.28, a quick ratio of 8.28 and a debt-to-equity ratio of 1.20. The company has a market cap of $4.58 billion, a price-to-earnings ratio of 36.92, a P/E/G ratio of 4.54 and a beta of 1.27.

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, beating analysts' consensus estimates of $1.16 by $0.05. EPR Properties had a return on equity of 6.30% and a net margin of 21.13%. The firm had revenue of $146.36 million during the quarter, compared to analyst estimates of $155.46 million. During the same quarter last year, the firm earned $1.12 EPS. EPR Properties's quarterly revenue was up 4.7% on a year-over-year basis. As a group, equities research analysts expect that EPR Properties will post 4.65 EPS for the current year.

Insider Activity

In other EPR Properties news, EVP Gregory E. Zimmerman sold 7,500 shares of EPR Properties stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $58.37, for a total transaction of $437,775.00. Following the sale, the executive vice president owned 103,877 shares of the company's stock, valued at $6,063,300.49. The trade was a 6.73% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 2.31% of the company's stock.

Hedge Funds Weigh In On EPR Properties

A number of hedge funds have recently modified their holdings of the stock. Deutsche Bank AG boosted its position in EPR Properties by 3,816.2% during the first quarter. Deutsche Bank AG now owns 1,874,975 shares of the real estate investment trust's stock valued at $98,642,000 after purchasing an additional 1,827,098 shares during the last quarter. Norges Bank acquired a new stake in EPR Properties during the fourth quarter valued at $41,148,000. Russell Investments Group Ltd. boosted its position in EPR Properties by 378.0% during the first quarter. Russell Investments Group Ltd. now owns 821,532 shares of the real estate investment trust's stock valued at $43,221,000 after purchasing an additional 649,675 shares during the last quarter. Wellington Management Group LLP acquired a new stake in EPR Properties during the first quarter valued at $21,166,000. Finally, Aberdeen Group plc boosted its position in EPR Properties by 1,361.4% during the first quarter. Aberdeen Group plc now owns 366,765 shares of the real estate investment trust's stock valued at $19,136,000 after purchasing an additional 341,668 shares during the last quarter. 74.66% of the stock is currently owned by institutional investors and hedge funds.

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.