EPR Properties (NYSE:EPR) Shares Bought by Deutsche Bank AG

Key Points

• Deutsche Bank AG significantly increased its stake in EPR Properties by 3,816.2%, owning 1,874,975 shares valued at approximately $98.6 million at the end of the most recent quarter.
• Multiple analysts have varied opinions on EPR Properties, with target price adjustments; Truist Financial raised their target to $55.00 while UBS Group increased it to $62.00.
• EPR Properties recently announced a dividend of $0.295 per share, which represents a substantial yield of 590.0%, reflecting a high dividend payout ratio of 174.38%.

Deutsche Bank AG increased its holdings in EPR Properties (NYSE:EPR - Free Report) by 3,816.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,874,975 shares of the real estate investment trust's stock after purchasing an additional 1,827,098 shares during the quarter. Deutsche Bank AG owned 2.46% of EPR Properties worth $98,642,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in EPR. Atlantic Edge Private Wealth Management LLC increased its holdings in shares of EPR Properties by 88.9% in the first quarter. Atlantic Edge Private Wealth Management LLC now owns 850 shares of the real estate investment trust's stock valued at $45,000 after buying an additional 400 shares in the last quarter. Allworth Financial LP grew its holdings 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 acquiring an additional 393 shares during the last quarter. GF Fund Management CO. LTD. acquired a new stake in shares of EPR Properties during the fourth quarter worth $61,000. Rossby Financial LCC acquired a new stake in shares of EPR Properties during the first quarter worth $85,000. Finally, SSA Swiss Advisors AG purchased a new stake in shares of EPR Properties during the first quarter valued at $87,000. 74.66% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the company. Truist Financial lifted their price target on EPR Properties from $53.00 to $55.00 and gave the stock a "hold" rating in a research note 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. Stifel Nicolaus boosted their price target on shares of EPR Properties from $65.00 to $65.50 and gave the company a "buy" rating in a report on Thursday, July 31st. Royal Bank Of Canada lowered 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. Finally, UBS Group boosted their target price on shares of EPR Properties from $56.00 to $62.00 and gave the company a "neutral" rating in a research note 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 stock. According to data from MarketBeat, EPR Properties presently has a consensus rating of "Hold" and an average target price of $57.36.

EPR Properties Stock Down 0.5%

EPR stock opened at $53.87 on Monday. The company has a 50 day moving average of $57.48 and a two-hundred day moving average of $52.75. The company has a market cap of $4.10 billion, a price-to-earnings ratio of 26.54, a PEG ratio of 3.82 and a beta of 1.33. EPR Properties has a 12-month low of $41.75 and a 12-month high of $61.24. The company has a quick ratio of 7.77, a current 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 data on Wednesday, July 30th. The real estate investment trust reported $1.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.25 by ($0.01). The firm had revenue of $150.35 million for the quarter, compared to analysts' expectations of $176.50 million. EPR Properties had a return on equity of 7.66% and a net margin of 25.28%. EPR Properties's revenue was up 3.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.22 earnings per share. On average, equities analysts anticipate that EPR Properties will post 4.65 earnings per share for the current fiscal year.

EPR Properties Dividend Announcement

The company 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. The ex-dividend date is Thursday, July 31st. This represents a yield of 590.0%. EPR Properties's dividend payout ratio is currently 174.38%.

Insider Buying and Selling

In related news, EVP Gregory E. Zimmerman sold 7,500 shares of the firm's stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $54.94, for a total transaction 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 2.31% of the company's stock.

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.

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