Cyndeo Wealth Partners LLC Grows Stock Position in EPR Properties (NYSE:EPR)

Cyndeo Wealth Partners LLC raised its stake in shares of EPR Properties (NYSE:EPR - Free Report) by 6.1% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 154,954 shares of the real estate investment trust's stock after buying an additional 8,922 shares during the quarter. Cyndeo Wealth Partners LLC owned about 0.20% of EPR Properties worth $8,152,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in EPR. Wealthfront Advisers LLC purchased a new stake in shares of EPR Properties during the fourth quarter valued at $302,313,000. Norges Bank bought a new position in EPR Properties during the 4th quarter valued at about $41,148,000. American Century Companies Inc. boosted its holdings in shares of EPR Properties by 44.6% during the 4th 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 last quarter. Raymond James Financial Inc. bought a new stake in shares of EPR Properties in the fourth quarter worth approximately $13,145,000. Finally, Northern Trust Corp raised its holdings in shares of EPR Properties by 30.6% during the fourth 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 during the last quarter. 74.66% of the stock is owned by institutional investors.

EPR Properties Price Performance

Shares of EPR stock traded up $0.50 during mid-day trading on Thursday, hitting $57.17. The company had a trading volume of 619,387 shares, compared to its average volume of 621,508. The company has a debt-to-equity ratio of 1.20, a current ratio of 8.28 and a quick ratio of 8.28. The stock's 50 day moving average price is $52.53 and its 200-day moving average price is $49.36. EPR Properties has a 52-week low of $40.60 and a 52-week high of $57.72. The company 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.

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 the consensus estimate of $1.16 by $0.05. The firm 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 was up 4.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.12 earnings per share. Equities research analysts forecast that EPR Properties will post 4.65 earnings per share for the current year.

EPR Properties Dividend Announcement

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

Analyst Ratings Changes

A number of analysts recently commented on EPR shares. Wall Street Zen upgraded EPR Properties from a "hold" rating to a "buy" rating in a research report on Monday, May 12th. UBS Group increased their price objective on shares of EPR Properties from $52.00 to $56.00 and gave the stock a "neutral" rating in a research note on Tuesday, May 13th. Stifel Nicolaus raised their price objective on shares of EPR Properties from $51.00 to $52.00 and gave the stock a "hold" rating in a report on Thursday, February 27th. Truist Financial upped their target price 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. Finally, Royal Bank Of Canada reiterated an "outperform" rating and issued a $58.00 price target on shares of EPR Properties in a research report on Monday, May 19th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, three have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $54.57.

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.