Two Sigma Advisers LP Sells 58,500 Shares of EPR Properties (NYSE:EPR)

Two Sigma Advisers LP trimmed its position in shares of EPR Properties (NYSE:EPR - Free Report) by 69.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,100 shares of the real estate investment trust's stock after selling 58,500 shares during the quarter. Two Sigma Advisers LP's holdings in EPR Properties were worth $1,156,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Wealthfront Advisers LLC purchased a new stake in EPR Properties in the 4th quarter worth $302,313,000. Charles Schwab Investment Management Inc. lifted its stake in EPR Properties by 2.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,380,301 shares of the real estate investment trust's stock worth $61,120,000 after purchasing an additional 30,401 shares during the last quarter. Bank of New York Mellon Corp raised its stake in shares of EPR Properties by 5.6% during the fourth quarter. Bank of New York Mellon Corp now owns 1,145,267 shares of the real estate investment trust's stock valued at $50,712,000 after acquiring an additional 60,953 shares in the last quarter. LSV Asset Management boosted its holdings in shares of EPR Properties by 12.3% in the fourth quarter. LSV Asset Management now owns 1,129,098 shares of the real estate investment trust's stock valued at $49,996,000 after purchasing an additional 123,400 shares during the period. Finally, American Century Companies Inc. raised its stake in EPR Properties by 44.6% in the fourth quarter. American Century Companies Inc. now owns 1,085,947 shares of the real estate investment trust's stock worth $48,086,000 after buying an additional 334,943 shares in the last quarter. 74.66% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

EPR has been the topic of a number of research analyst reports. Stifel Nicolaus boosted their price objective on shares of EPR Properties from $51.00 to $52.00 and gave the company a "hold" rating in a report on Thursday, February 27th. Truist Financial upped their price target on shares of EPR Properties from $53.00 to $55.00 and gave the stock a "hold" rating in a research report on Monday, May 19th. Raymond James restated a "strong-buy" rating on shares of EPR Properties in a report on Friday, May 23rd. Wells Fargo & Company raised their price target on shares of EPR Properties from $45.00 to $52.00 and gave the company an "underweight" rating in a research report on Monday, March 10th. Finally, Wall Street Zen upgraded shares of EPR Properties from a "hold" rating to a "buy" rating in a report on Monday, May 12th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $54.43.

Insiders Place Their Bets

In related news, SVP Brian Andrew Moriarty sold 2,500 shares of EPR Properties stock in a transaction on Monday, March 17th. The shares were sold at an average price of $51.99, for a total value of $129,975.00. Following the completion of the sale, the senior vice president now owns 15,299 shares of the company's stock, valued at approximately $795,395.01. The trade was a 14.05% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Tonya L. Mater sold 3,120 shares of the business's stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $51.90, for a total transaction of $161,928.00. Following the transaction, the chief accounting officer now owns 46,827 shares in the company, valued at approximately $2,430,321.30. The trade was a 6.25% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 9,520 shares of company stock worth $502,581. Corporate insiders own 2.31% of the company's stock.

EPR Properties Stock Up 0.9%

NYSE:EPR traded up $0.47 on Friday, reaching $55.73. The stock had a trading volume of 1,049,922 shares, compared to its average volume of 611,854. The company has a current ratio of 7.81, a quick ratio of 7.81 and a debt-to-equity ratio of 1.19. EPR Properties has a 12-month low of $39.87 and a 12-month high of $55.92. The company has a 50-day moving average of $50.48 and a 200 day moving average of $48.34. The stock has a market cap of $4.24 billion, a P/E ratio of 24.13 and a beta of 1.26.

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 analysts' consensus estimates of $1.16 by $0.05. EPR Properties had a net margin of 28.87% and a return on equity of 8.22%. The firm had revenue of $146.36 million for the quarter, compared to analysts' expectations of $155.46 million. During the same quarter last year, the company posted $1.12 earnings per share. EPR Properties's revenue was up 4.7% on a year-over-year basis. On average, research analysts predict that EPR Properties will post 4.65 earnings per share for the current year.

EPR Properties Dividend Announcement

The firm also recently declared a may 25 dividend, which will be paid on Monday, June 16th. Shareholders of record on Friday, May 30th will be given a $0.295 dividend. The ex-dividend date is Friday, May 30th. This represents a yield of 6.6%. EPR Properties's dividend payout ratio (DPR) is 217.18%.

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.