9,660 Shares in EPR Properties (NYSE:EPR) Bought by Atlas Capital Advisors Inc.

Key Points

• Atlas Capital Advisors Inc. acquired 9,660 shares of EPR Properties, valued at approximately $508,000, marking a new investment in the real estate investment trust.
• The EVP of EPR Properties, Gregory E. Zimmerman, sold 7,500 shares at an average price of $54.94, reducing his stake by 7.22%.
• EPR Properties reported earnings of $1.24 per share, missing analysts' expectations, and had a revenue of $150.35 million, compared to expectations of $176.50 million for the last quarter.

Atlas Capital Advisors Inc. bought a new stake in EPR Properties (NYSE:EPR - Free Report) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 9,660 shares of the real estate investment trust's stock, valued at approximately $508,000.

A number of other hedge funds also recently added to or reduced their stakes in EPR. Russell Investments Group Ltd. increased its holdings in EPR Properties by 27.3% in the fourth quarter. Russell Investments Group Ltd. now owns 171,857 shares of the real estate investment trust's stock valued at $7,610,000 after buying an additional 36,902 shares in the last quarter. Federated Hermes Inc. increased its stake in shares of EPR Properties by 1.5% during the 4th quarter. Federated Hermes Inc. now owns 91,157 shares of the real estate investment trust's stock worth $4,036,000 after purchasing an additional 1,316 shares in the last quarter. Cerity Partners LLC increased its stake in shares of EPR Properties by 9.0% during the 4th quarter. Cerity Partners LLC now owns 20,729 shares of the real estate investment trust's stock worth $951,000 after purchasing an additional 1,707 shares in the last quarter. Bank of Montreal Can increased its stake in shares of EPR Properties by 10.1% during the 4th quarter. Bank of Montreal Can now owns 12,666 shares of the real estate investment trust's stock worth $561,000 after purchasing an additional 1,163 shares in the last quarter. Finally, FIL Ltd increased its stake in shares of EPR Properties by 38.9% during the 4th quarter. FIL Ltd now owns 2,484 shares of the real estate investment trust's stock worth $110,000 after purchasing an additional 696 shares in the last quarter. 74.66% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at EPR Properties

In other news, EVP Gregory E. Zimmerman sold 7,500 shares of the firm's stock in a transaction on Friday, August 1st. The shares were sold at an average price of $54.94, for a total value of $412,050.00. Following the transaction, the executive vice president owned 96,377 shares of the company's stock, valued at approximately $5,294,952.38. This trade represents a 7.22% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 2.31% of the company's stock.

EPR Properties Trading Down 0.7%

Shares of EPR traded down $0.36 during mid-day trading on Thursday, reaching $53.06. The company had a trading volume of 299,237 shares, compared to its average volume of 760,036. The stock has a market cap of $4.04 billion, a price-to-earnings ratio of 26.14, a price-to-earnings-growth ratio of 3.78 and a beta of 1.33. The firm has a fifty day simple moving average of $57.31 and a 200-day simple moving average of $52.80. EPR Properties has a fifty-two week low of $41.75 and a fifty-two week high of $61.24. The company has a current ratio of 7.77, a quick ratio of 7.77 and a debt-to-equity ratio of 1.20.

EPR Properties (NYSE:EPR - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The real estate investment trust reported $1.24 earnings per share for the quarter, missing analysts' consensus estimates of $1.25 by ($0.01). EPR Properties had a net margin of 25.28% and a return on equity of 7.66%. The company had revenue of $150.35 million during the quarter, compared to analyst estimates of $176.50 million. During the same quarter last year, the business earned $1.22 EPS. The firm's revenue for the quarter was up 3.7% compared to the same quarter last year. On average, sell-side analysts anticipate that EPR Properties will post 4.65 EPS for the current fiscal year.

EPR Properties Dividend Announcement

The firm also recently announced a jul 25 dividend, which will be paid on Friday, August 15th. Stockholders of record on Thursday, July 31st will be paid a $0.295 dividend. This represents a dividend yield of 590.0%. The ex-dividend date of this dividend is Thursday, July 31st. EPR Properties's dividend payout ratio (DPR) is currently 174.38%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on EPR. Royal Bank Of Canada cut shares of EPR Properties from an "outperform" rating to a "sector perform" rating and set a $58.00 price objective for the company. in a research note on Monday, August 4th. Wells Fargo & Company raised their target price on shares of EPR Properties from $52.00 to $53.00 and gave the stock an "underweight" rating in a research report on Monday, June 2nd. Truist Financial raised their target price 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. Wall Street Zen upgraded shares of EPR Properties from a "hold" rating to a "buy" rating in a research report on Monday, May 12th. Finally, UBS Group raised their target price on shares of EPR Properties from $56.00 to $62.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 16th. One analyst has rated the stock with a sell rating, four have issued a hold rating, three have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $58.07.

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.