Nisa Investment Advisors LLC Purchases 120,755 Shares of EPR Properties (NYSE:EPR)

Nisa Investment Advisors LLC grew its position in shares of EPR Properties (NYSE:EPR - Free Report) by 259.0% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 167,381 shares of the real estate investment trust's stock after purchasing an additional 120,755 shares during the quarter. Nisa Investment Advisors LLC owned about 0.22% of EPR Properties worth $8,827,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the company. Atlantic Edge Private Wealth Management LLC increased its stake 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 valued at $45,000 after acquiring an additional 400 shares in the last quarter. Brown Brothers Harriman & Co. bought a new stake in shares of EPR Properties in the 4th quarter valued at $60,000. GF Fund Management CO. LTD. bought a new stake in shares of EPR Properties in the 4th quarter valued at $61,000. EverSource Wealth Advisors LLC increased its stake in shares of EPR Properties by 51.8% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,530 shares of the real estate investment trust's stock valued at $68,000 after acquiring an additional 522 shares in the last quarter. Finally, Rossby Financial LCC bought a new stake in shares of EPR Properties in the 1st quarter valued at $85,000. Institutional investors own 74.66% of the company's stock.

EPR Properties Stock Up 0.8%

EPR traded up $0.48 during mid-day trading on Friday, reaching $60.26. 722,025 shares of the stock were exchanged, compared to its average volume of 635,728. The company has a debt-to-equity ratio of 1.20, a quick ratio of 8.28 and a current ratio of 8.28. The stock has a market capitalization of $4.58 billion, a PE ratio of 36.97, a price-to-earnings-growth ratio of 4.55 and a beta of 1.27. The company has a 50 day moving average price of $55.82 and a two-hundred day moving average price of $51.01. EPR Properties has a 1 year low of $41.75 and a 1 year high of $60.49.

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 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.16 by $0.05. The firm had revenue of $146.36 million for the quarter, compared to the consensus estimate of $155.46 million. EPR Properties had a net margin of 21.13% and a return on equity of 6.30%. 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 earned $1.12 EPS. As a group, research analysts anticipate that EPR Properties will post 4.65 EPS for the current year.

EPR Properties Announces Dividend

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

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on EPR shares. Wall Street Zen upgraded shares of EPR Properties from a "hold" rating to a "buy" rating in a research note on Monday, May 12th. Stifel Nicolaus raised shares of EPR Properties from a "hold" rating to a "buy" rating and lifted their price target for the company from $52.00 to $65.00 in a research report on Friday, June 20th. Royal Bank Of Canada reissued an "outperform" rating and issued a $58.00 price target on shares of EPR Properties in a research report on Monday, May 19th. UBS Group lifted their price target on shares of EPR Properties from $52.00 to $56.00 and gave the company a "neutral" rating in a research report on Tuesday, May 13th. Finally, Truist Financial lifted their price target on shares of EPR Properties from $53.00 to $55.00 and gave the company a "hold" rating in a research report on Monday, May 19th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, EPR Properties presently has a consensus rating of "Moderate Buy" and a consensus price target of $56.43.

Insider Buying and Selling at EPR Properties

In related news, EVP Gregory E. Zimmerman sold 7,500 shares of the business'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 transaction, the executive vice president directly owned 103,877 shares of the company's stock, valued at approximately $6,063,300.49. The trade was a 6.73% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 2.31% of the company's stock.

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.