Edgestream Partners L.P. Takes $2.47 Million Position in EPR Properties (NYSE:EPR)

Edgestream Partners L.P. bought a new position in EPR Properties (NYSE:EPR - Free Report) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 46,901 shares of the real estate investment trust's stock, valued at approximately $2,467,000. Edgestream Partners L.P. owned approximately 0.06% of EPR Properties at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the company. LSV Asset Management lifted its holdings in shares of EPR Properties by 12.3% in the 4th quarter. LSV Asset Management now owns 1,129,098 shares of the real estate investment trust's stock worth $49,996,000 after purchasing an additional 123,400 shares in the last quarter. American Century Companies Inc. lifted its holdings in EPR Properties by 44.6% in the fourth quarter. American Century Companies Inc. now owns 1,085,947 shares of the real estate investment trust's stock valued at $48,086,000 after acquiring an additional 334,943 shares during the period. Norges Bank purchased a new stake in shares of EPR Properties during the fourth quarter worth about $41,148,000. AQR Capital Management LLC boosted its holdings in shares of EPR Properties by 7.2% in the 4th quarter. AQR Capital Management LLC now owns 864,484 shares of the real estate investment trust's stock worth $38,279,000 after purchasing an additional 58,106 shares during the period. Finally, Northern Trust Corp raised its position in EPR Properties by 30.6% during the 4th quarter. Northern Trust Corp now owns 844,940 shares of the real estate investment trust's stock valued at $37,414,000 after purchasing an additional 198,019 shares in the last quarter. 74.66% of the stock is owned by institutional investors.

EPR Properties Trading Down 0.6%

EPR stock traded down $0.32 during midday trading on Monday, reaching $58.41. The stock had a trading volume of 685,126 shares, compared to its average volume of 635,175. The business has a fifty day simple moving average of $56.70 and a two-hundred day simple moving average of $51.66. The company has a quick ratio of 8.28, a current ratio of 8.28 and a debt-to-equity ratio of 1.20. The firm has a market cap of $4.44 billion, a price-to-earnings ratio of 35.83, a PEG ratio of 4.47 and a beta of 1.27. EPR Properties has a twelve month low of $41.75 and a twelve month high of $61.24.

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 (EPS) for the quarter, topping analysts' consensus estimates of $1.16 by $0.05. EPR Properties had a return on equity of 6.30% and a net margin of 21.13%. The business had revenue of $146.36 million during the quarter, compared to analysts' expectations of $155.46 million. During the same quarter in the prior year, the firm earned $1.12 EPS. The business's revenue for the quarter was up 4.7% compared to the same quarter last year. As a group, research analysts expect 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. Shareholders of record on Thursday, July 31st will be issued a dividend of $0.295 per share. The ex-dividend date of this dividend is Thursday, July 31st. This represents a yield of 5.9%. EPR Properties's dividend payout ratio (DPR) is presently 217.18%.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on EPR shares. Royal Bank Of Canada reissued an "outperform" rating and issued a $58.00 price objective on shares of EPR Properties in a report on Monday, May 19th. Truist Financial raised their price target on shares of EPR Properties from $53.00 to $55.00 and gave the company a "hold" rating in a report on Monday, May 19th. Raymond James Financial restated a "strong-buy" rating on shares of EPR Properties in a research note on Friday, May 23rd. Stifel Nicolaus raised shares of EPR Properties from a "hold" rating to a "buy" rating and upped their price target for the stock from $52.00 to $65.00 in a report on Friday, June 20th. Finally, Wall Street Zen raised shares of EPR Properties from a "hold" rating to a "buy" rating in a research note on Monday, May 12th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $57.29.

Insider Buying and Selling

In other EPR Properties news, EVP Gregory E. Zimmerman sold 7,500 shares of the company's stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $58.37, for a total value of $437,775.00. Following the sale, the executive vice president owned 103,877 shares of the company's stock, valued at $6,063,300.49. This represents a 6.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 2.31% of the stock is owned by corporate insiders.

EPR Properties Company 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.