EPR Properties (NYSE:EPR) Given New $53.00 Price Target at Wells Fargo & Company

EPR Properties (NYSE:EPR - Free Report) had its target price raised by Wells Fargo & Company from $52.00 to $53.00 in a report published on Monday morning,Benzinga reports. Wells Fargo & Company currently has an underweight rating on the real estate investment trust's stock.

A number of other equities research analysts also recently commented on EPR. UBS Group raised their target price on EPR Properties from $52.00 to $56.00 and gave the company a "neutral" rating in a report on Tuesday, May 13th. Wall Street Zen raised EPR Properties from a "hold" rating to a "buy" rating in a report on Monday, May 12th. Stifel Nicolaus raised their price target on 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 target on EPR Properties from $53.00 to $55.00 and gave the company a "hold" rating in a research report on Monday, May 19th. Finally, Royal Bank of Canada restated an "outperform" rating and issued a $58.00 price target on shares of EPR Properties in a research report on Monday, May 19th. One investment analyst has 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. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $54.57.

EPR Properties Price Performance

EPR Properties stock traded down $0.54 during midday trading on Monday, reaching $55.85. The company's stock had a trading volume of 648,540 shares, compared to its average volume of 614,692. EPR Properties has a fifty-two week low of $39.87 and a fifty-two week high of $56.60. The company has a debt-to-equity ratio of 1.19, a quick ratio of 7.81 and a current ratio of 7.81. The stock's 50 day simple moving average is $50.66 and its 200 day simple moving average is $48.51. The firm has a market capitalization of $4.25 billion, a PE ratio of 24.18 and a beta of 1.26.

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

EPR Properties Dividend Announcement

The business 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 dividend of $0.295 per share. This represents a yield of 6.6%. The ex-dividend date is Friday, May 30th. EPR Properties's dividend payout ratio is presently 217.18%.

Insider Buying and Selling

In other EPR Properties news, CAO Tonya L. Mater sold 3,120 shares of EPR Properties stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $51.90, for a total value of $161,928.00. Following the completion of the sale, the chief accounting officer now owns 46,827 shares in the company, valued at $2,430,321.30. The trade was a 6.25% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Brian Andrew Moriarty sold 2,500 shares of EPR Properties stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $51.99, for a total value of $129,975.00. Following the completion of the sale, the senior vice president now owns 15,299 shares of the company's stock, valued at $795,395.01. This trade represents a 14.05% decrease in their position. The disclosure for this sale can be found here. 2.31% of the stock is currently owned by company insiders.

Institutional Trading of EPR Properties

A number of institutional investors have recently modified their holdings of EPR. Wealthfront Advisers LLC purchased a new stake in shares of EPR Properties during the 4th quarter worth about $302,313,000. Deutsche Bank AG grew its holdings in shares of 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 purchasing an additional 1,827,098 shares during the period. Norges Bank purchased a new stake in shares of EPR Properties during the 4th quarter worth about $41,148,000. Russell Investments Group Ltd. grew its holdings in shares of EPR Properties by 378.0% during the 1st quarter. Russell Investments Group Ltd. now owns 821,532 shares of the real estate investment trust's stock worth $43,221,000 after purchasing an additional 649,675 shares during the period. Finally, Wellington Management Group LLP purchased a new stake in shares of EPR Properties during the 1st quarter worth about $21,166,000. Hedge funds and other institutional investors own 74.66% 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.