AlphaCore Capital LLC Invests $410,000 in EPR Properties (NYSE:EPR)

AlphaCore Capital LLC acquired a new position in EPR Properties (NYSE:EPR - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 9,254 shares of the real estate investment trust's stock, valued at approximately $410,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of EPR. Treasurer of the State of North Carolina raised its position in shares of EPR Properties by 0.6% during the fourth quarter. Treasurer of the State of North Carolina now owns 32,851 shares of the real estate investment trust's stock worth $1,455,000 after acquiring an additional 210 shares during the last quarter. 1620 Investment Advisors Inc. grew its stake in EPR Properties by 1.5% in the fourth quarter. 1620 Investment Advisors Inc. now owns 15,071 shares of the real estate investment trust's stock valued at $667,000 after acquiring an additional 219 shares during the period. Global Retirement Partners LLC grew its stake in EPR Properties by 5.9% in the fourth quarter. Global Retirement Partners LLC now owns 4,117 shares of the real estate investment trust's stock valued at $182,000 after acquiring an additional 228 shares during the period. Kestra Private Wealth Services LLC boosted its position in shares of EPR Properties by 1.8% during the fourth quarter. Kestra Private Wealth Services LLC now owns 13,739 shares of the real estate investment trust's stock worth $608,000 after buying an additional 249 shares during the period. Finally, State of Alaska Department of Revenue boosted its position in shares of EPR Properties by 0.6% during the fourth quarter. State of Alaska Department of Revenue now owns 44,677 shares of the real estate investment trust's stock worth $1,977,000 after buying an additional 251 shares during the period. Institutional investors and hedge funds own 74.66% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on EPR shares. Royal Bank of Canada reaffirmed an "outperform" rating and set a $58.00 price objective on shares of EPR Properties in a research report on Monday, May 19th. Wall Street Zen raised EPR Properties from a "hold" rating to a "buy" rating in a research report on Monday, May 12th. Wells Fargo & Company upped their price objective on EPR Properties from $45.00 to $52.00 and gave the stock an "underweight" rating in a research report on Monday, March 10th. Truist Financial upped their price objective on EPR Properties from $53.00 to $55.00 and gave the stock a "hold" rating in a research report on Monday, May 19th. Finally, UBS Group increased their price target on EPR Properties from $52.00 to $56.00 and gave the company a "neutral" rating in a research report on Tuesday, May 13th. One analyst has rated the stock with a sell rating, four have given a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $54.43.

EPR Properties Stock Up 0.9%

NYSE EPR traded up $0.50 during trading hours on Friday, hitting $55.47. 277,165 shares of the company traded hands, compared to its average volume of 608,651. The business's 50-day moving average is $50.38 and its 200-day moving average is $48.25. EPR Properties has a twelve month low of $39.87 and a twelve month high of $55.81. 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 has a market capitalization of $4.22 billion, a price-to-earnings ratio of 23.99 and a beta of 1.26.

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, beating 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 return on equity of 8.22% and a net margin of 28.87%. The business's revenue for the quarter was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.12 earnings per share. Sell-side analysts anticipate that EPR Properties will post 4.65 earnings per share for the current year.

EPR Properties Announces Dividend

The firm also recently disclosed a may 25 dividend, which will be paid on Monday, June 16th. Shareholders of record on Friday, May 30th will be paid a $0.295 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a yield of 6.6%. EPR Properties's dividend payout ratio is 217.18%.

Insider Buying and Selling at EPR Properties

In other news, CAO Tonya L. Mater sold 3,120 shares of the stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $51.90, for a total transaction of $161,928.00. Following the transaction, the chief accounting officer now owns 46,827 shares in the company, valued at approximately $2,430,321.30. This trade represents a 6.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Gwendolyn Mary Johnson sold 3,900 shares of the stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $54.02, for a total value of $210,678.00. Following the transaction, the senior vice president now owns 8,216 shares in the company, valued at approximately $443,828.32. This trade represents a 32.19% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 9,520 shares of company stock worth $502,581 over the last 90 days. Company insiders own 2.31% of the company's stock.

EPR Properties 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.