PCG Wealth Advisors LLC Increases Stock Holdings in EPR Properties (NYSE:EPR)

PCG Wealth Advisors LLC raised its stake in EPR Properties (NYSE:EPR - Free Report) by 41.0% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 19,880 shares of the real estate investment trust's stock after buying an additional 5,776 shares during the quarter. PCG Wealth Advisors LLC's holdings in EPR Properties were worth $1,046,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the company. James Investment Research Inc. bought a new position in shares of EPR Properties during the 1st quarter worth about $310,000. Midwest Professional Planners LTD. grew its stake in EPR Properties by 34.2% during the first quarter. Midwest Professional Planners LTD. now owns 32,956 shares of the real estate investment trust's stock worth $1,734,000 after buying an additional 8,404 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd acquired a new stake in shares of EPR Properties during the first quarter worth approximately $4,825,000. Edgestream Partners L.P. bought a new position in shares of EPR Properties in the first quarter valued at approximately $2,467,000. Finally, CWM LLC raised its stake in shares of EPR Properties by 71.7% in the first quarter. CWM LLC now owns 9,252 shares of the real estate investment trust's stock valued at $487,000 after acquiring an additional 3,864 shares during the last quarter. 74.66% of the stock is currently owned by hedge funds and other institutional investors.

EPR Properties Price Performance

NYSE EPR traded down $0.72 during trading on Friday, reaching $58.65. The company's stock had a trading volume of 671,098 shares, compared to its average volume of 634,974. The stock has a market capitalization of $4.46 billion, a PE ratio of 35.98, a P/E/G ratio of 4.47 and a beta of 1.27. 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 firm has a fifty day moving average of $56.70 and a 200 day moving average of $51.56. EPR Properties has a one year low of $41.75 and a one year high of $61.24.

EPR Properties (NYSE:EPR - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The real estate investment trust reported $1.21 EPS for the quarter, topping the consensus estimate of $1.16 by $0.05. EPR Properties had a net margin of 21.13% and a return on equity of 6.30%. The business had revenue of $146.36 million for the quarter, compared to analyst estimates of $155.46 million. During the same quarter in the previous year, the firm posted $1.12 earnings per share. EPR Properties's quarterly revenue was up 4.7% on a year-over-year basis. Analysts expect that EPR Properties will post 4.65 EPS for the current fiscal year.

EPR Properties Announces Dividend

The business also recently announced a jul 25 dividend, which will be paid on Friday, August 15th. Shareholders of record on Thursday, July 31st will be given 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%.

Insider Transactions at EPR Properties

In other news, EVP Gregory E. Zimmerman sold 7,500 shares of the stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $58.37, for a total transaction of $437,775.00. Following the completion of the sale, the executive vice president owned 103,877 shares in the company, valued at approximately $6,063,300.49. This represents a 6.73% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 2.31% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on EPR. Raymond James Financial reissued a "strong-buy" rating on shares of EPR Properties in a research note on Friday, May 23rd. Wall Street Zen raised shares of EPR Properties from a "hold" rating to a "buy" rating in a research note on Monday, May 12th. Royal Bank Of Canada reiterated an "outperform" rating and set a $58.00 target price on shares of EPR Properties in a report on Monday, May 19th. Truist Financial lifted their price objective 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, Wells Fargo & Company boosted their price objective 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. One analyst has rated the stock with a sell rating, three have assigned a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $57.29.

About EPR Properties

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.