EPR Properties (NYSE:EPR) Shares Purchased by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC grew its stake in shares of EPR Properties (NYSE:EPR - Free Report) by 259.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor 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 0.22% of EPR Properties worth $8,827,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Treasurer of the State of North Carolina raised its holdings in EPR Properties by 0.6% in the fourth quarter. Treasurer of the State of North Carolina now owns 32,851 shares of the real estate investment trust's stock valued at $1,455,000 after acquiring an additional 210 shares in the last quarter. 1620 Investment Advisors Inc. increased its position in shares of EPR Properties by 1.5% in the 4th quarter. 1620 Investment Advisors Inc. now owns 15,071 shares of the real estate investment trust's stock worth $667,000 after purchasing an additional 219 shares during the last quarter. Spire Wealth Management increased its position in shares of EPR Properties by 11.5% in the 1st quarter. Spire Wealth Management now owns 2,339 shares of the real estate investment trust's stock worth $123,000 after purchasing an additional 242 shares during the last quarter. Teamwork Financial Advisors LLC raised its stake in shares of EPR Properties by 2.8% in the 1st quarter. Teamwork Financial Advisors LLC now owns 10,984 shares of the real estate investment trust's stock valued at $578,000 after purchasing an additional 295 shares in the last quarter. Finally, Atlantic Edge Private Wealth Management LLC lifted its position in shares of EPR Properties by 88.9% during the first quarter. Atlantic Edge Private Wealth Management LLC now owns 850 shares of the real estate investment trust's stock worth $45,000 after purchasing an additional 400 shares during the last quarter. Institutional investors and hedge funds own 74.66% of the company's stock.

EPR Properties Stock Up 1.4%

EPR Properties stock opened at $59.81 on Friday. The company has a debt-to-equity ratio of 1.20, a quick ratio of 8.28 and a current ratio of 8.28. EPR Properties has a one year low of $41.75 and a one year high of $59.92. The company has a 50-day simple moving average of $55.41 and a 200-day simple moving average of $50.79. The firm has a market capitalization of $4.55 billion, a P/E ratio of 36.69, a P/E/G ratio of 4.49 and a beta of 1.27.

EPR Properties (NYSE:EPR - Get Free Report) last posted its earnings results 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. The firm had revenue of $146.36 million during the quarter, compared to analysts' expectations of $155.46 million. EPR Properties had a net margin of 21.13% and a return on equity of 6.30%. EPR Properties's quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.12 EPS. As a group, equities analysts expect that EPR Properties will post 4.65 earnings per share for the current year.

EPR Properties Announces Dividend

The firm also recently declared a jun 25 dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th will be issued a dividend of $0.295 per share. 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 217.18%.

Analysts Set New Price Targets

Several brokerages recently weighed in on EPR. 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. Wells Fargo & Company boosted their price target on EPR Properties from $52.00 to $53.00 and gave the company an "underweight" rating in a report on Monday, June 2nd. Raymond James Financial restated a "strong-buy" rating on shares of EPR Properties in a research note on Friday, May 23rd. Truist Financial boosted their target price on shares of EPR Properties from $53.00 to $55.00 and gave the company a "hold" rating in a research note on Monday, May 19th. Finally, Stifel Nicolaus raised shares of EPR Properties from a "hold" rating to a "buy" rating and increased their target price for the stock from $52.00 to $65.00 in a report on Friday, June 20th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $56.43.

Insider Buying and Selling at EPR Properties

In related news, EVP Gregory E. Zimmerman sold 7,500 shares of the 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 completion of the transaction, the executive vice president owned 103,877 shares in the company, valued at $6,063,300.49. This represents a 6.73% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 2.31% of the stock is currently 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.

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