Brookwood Investment Group LLC Buys Shares of 4,446 EPR Properties (NYSE:EPR)

Key Points

• Brookwood Investment Group LLC has acquired a new position in EPR Properties, purchasing 4,446 shares valued at approximately $234,000.
• Several institutional investors have increased their stakes in EPR Properties, with Teacher Retirement System of Texas boosting its holdings by 42.4% in the last quarter.
• Analysts are optimistic about EPR Properties, with multiple upgrades, including a price target increase from $52.00 to $65.00 by Stifel Nicolaus.

Brookwood Investment Group LLC purchased a new stake in EPR Properties (NYSE:EPR - Free Report) during the first quarter, according to its most recent filing with the SEC. The firm purchased 4,446 shares of the real estate investment trust's stock, valued at approximately $234,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Atlantic Edge Private Wealth Management LLC boosted its position in shares of EPR Properties by 88.9% in the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 850 shares of the real estate investment trust's stock worth $45,000 after purchasing an additional 400 shares in the last quarter. Allworth Financial LP boosted its position in shares of EPR Properties by 53.0% in the 1st quarter. Allworth Financial LP now owns 1,135 shares of the real estate investment trust's stock worth $55,000 after purchasing an additional 393 shares in the last quarter. Brown Brothers Harriman & Co. acquired a new stake in shares of EPR Properties in the 4th quarter worth $60,000. GF Fund Management CO. LTD. acquired a new stake in shares of EPR Properties in the 4th quarter worth $61,000. Finally, Rossby Financial LCC acquired a new stake in shares of EPR Properties in the 1st quarter worth $85,000. 74.66% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, EVP Gregory E. Zimmerman sold 7,500 shares of the company's stock in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $58.37, for a total value of $437,775.00. Following the transaction, the executive vice president directly owned 103,877 shares in the company, valued at approximately $6,063,300.49. This represents a 6.73% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 2.31% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on EPR. Wells Fargo & Company raised their price objective on 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 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. Raymond James Financial reissued 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 note on Monday, May 12th. Finally, Stifel Nicolaus upgraded EPR Properties from a "hold" rating to a "buy" rating and raised their target price for the stock from $52.00 to $65.00 in a research note on Friday, June 20th. One analyst has rated the stock with a sell rating, three have issued a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, EPR Properties currently has a consensus rating of "Moderate Buy" and an average price target of $57.29.

EPR Properties Price Performance

Shares of EPR Properties stock traded up $0.07 on Wednesday, hitting $57.11. 82,779 shares of the company were exchanged, compared to its average volume of 735,944. The stock has a market capitalization of $4.34 billion, a price-to-earnings ratio of 35.05, a price-to-earnings-growth ratio of 4.31 and a beta of 1.27. The company has a 50-day moving average price of $57.33 and a 200 day moving average price of $52.25. EPR Properties has a 1-year low of $41.75 and a 1-year high of $61.24. The company has a quick ratio of 8.28, a current ratio of 8.28 and a debt-to-equity ratio of 1.20.

EPR Properties (NYSE:EPR - Get Free Report) last issued its earnings results on Wednesday, May 7th. The real estate investment trust reported $1.21 earnings per share for the quarter, topping the consensus estimate of $1.16 by $0.05. The business had revenue of $146.36 million for 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%. The business's revenue for the quarter was up 4.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.12 EPS. As a group, sell-side analysts predict that EPR Properties will post 4.65 earnings per share for the current fiscal year.

EPR Properties Announces Dividend

The firm also recently disclosed a jul 25 dividend, which will be paid on Friday, August 15th. Investors of record on Thursday, July 31st will be issued a $0.295 dividend. This represents a yield of 5.9%. The ex-dividend date of this dividend is Thursday, July 31st. EPR Properties's dividend payout ratio is presently 217.18%.

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.