4,899 Shares in EPR Properties (NYSE:EPR) Acquired by Optas LLC

Optas LLC acquired a new stake in EPR Properties (NYSE:EPR - Free Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 4,899 shares of the real estate investment trust's stock, valued at approximately $258,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Synergy Investment Management LLC acquired a new position in shares of EPR Properties in the 4th quarter valued at $27,000. Principal Securities Inc. grew its position in EPR Properties by 54.5% during the 4th quarter. Principal Securities Inc. now owns 1,296 shares of the real estate investment trust's stock worth $57,000 after purchasing an additional 457 shares during the last quarter. Brown Brothers Harriman & Co. purchased a new position in EPR Properties during the 4th quarter worth $60,000. GF Fund Management CO. LTD. acquired a new position in EPR Properties in the fourth quarter valued at $61,000. Finally, EverSource Wealth Advisors LLC increased its stake in EPR Properties by 51.8% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,530 shares of the real estate investment trust's stock valued at $68,000 after purchasing an additional 522 shares during the period. Hedge funds and other institutional investors own 74.66% of the company's stock.

EPR Properties Price Performance

Shares of EPR traded up $0.50 during mid-day trading on Thursday, hitting $57.17. The company's stock had a trading volume of 619,387 shares, compared to its average volume of 621,508. The company has a current ratio of 8.28, a quick ratio of 8.28 and a debt-to-equity ratio of 1.20. EPR Properties has a 1-year low of $40.60 and a 1-year high of $57.72. The firm has a market capitalization of $4.35 billion, a P/E ratio of 35.07, a P/E/G ratio of 4.28 and a beta of 1.27. The firm has a 50-day simple moving average of $52.53 and a 200 day simple moving average of $49.36.

EPR Properties (NYSE:EPR - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The real estate investment trust reported $1.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.16 by $0.05. The firm had revenue of $146.36 million during the quarter, compared to analysts' expectations of $155.46 million. EPR Properties had a return on equity of 6.30% and a net margin of 21.13%. EPR Properties's revenue was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.12 earnings per share. Analysts predict that EPR Properties will post 4.65 EPS for the current fiscal year.

EPR Properties Announces Dividend

The business also recently disclosed a jun 25 dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be paid a $0.295 dividend. This represents a dividend yield of 6.3%. The ex-dividend date is Monday, June 30th. EPR Properties's dividend payout ratio (DPR) is 217.18%.

Wall Street Analysts Forecast Growth

EPR has been the topic of a number of research reports. UBS Group raised their price target on EPR Properties from $52.00 to $56.00 and gave the stock a "neutral" rating in a report on Tuesday, May 13th. Royal Bank Of Canada reissued an "outperform" rating and issued a $58.00 target price on shares of EPR Properties in a report on Monday, May 19th. Stifel Nicolaus upped their price target on EPR Properties from $51.00 to $52.00 and gave the stock a "hold" rating in a research note on Thursday, February 27th. Wells Fargo & Company lifted their price objective on shares of EPR Properties from $52.00 to $53.00 and gave the company an "underweight" rating in a research report on Monday, June 2nd. Finally, Truist Financial upped their price objective on shares of EPR Properties from $53.00 to $55.00 and gave the stock a "hold" rating in a research report on Monday, May 19th. One analyst has rated the stock with a sell rating, four have assigned a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, EPR Properties presently has an average rating of "Hold" and an average target price of $54.57.

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.