Exchange Traded Concepts LLC Grows Holdings in EPR Properties (NYSE:EPR)

Exchange Traded Concepts LLC grew its stake in EPR Properties (NYSE:EPR - Free Report) by 13.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 43,769 shares of the real estate investment trust's stock after buying an additional 5,250 shares during the period. Exchange Traded Concepts LLC owned approximately 0.06% of EPR Properties worth $2,303,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of EPR. Synergy Investment Management LLC purchased a new stake in shares of EPR Properties in the 4th quarter valued at $27,000. Principal Securities Inc. boosted its stake in shares of EPR Properties by 54.5% in the 4th quarter. Principal Securities Inc. now owns 1,296 shares of the real estate investment trust's stock valued at $57,000 after purchasing an additional 457 shares in the last quarter. Brown Brothers Harriman & Co. purchased a new stake in shares of EPR Properties in the 4th quarter valued at $60,000. GF Fund Management CO. LTD. purchased a new stake in shares of EPR Properties in the 4th quarter valued at $61,000. Finally, EverSource Wealth Advisors LLC boosted 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 purchasing an additional 522 shares in the last quarter. Hedge funds and other institutional investors own 74.66% of the company's stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on EPR. Truist Financial upped their price objective 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. Wells Fargo & Company upped their price target on shares of 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 reiterated a "strong-buy" rating on shares of EPR Properties in a report on Friday, May 23rd. Stifel Nicolaus upped their price target 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. Finally, UBS Group upped their price target on shares of EPR Properties from $52.00 to $56.00 and gave the company a "neutral" rating in a report on Tuesday, May 13th. One analyst has rated the stock with a sell rating, four have assigned a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, EPR Properties currently has a consensus rating of "Hold" and a consensus price target of $54.57.

EPR Properties Trading Up 0.9%

NYSE EPR traded up $0.50 during trading on Thursday, hitting $57.17. The company had a trading volume of 619,387 shares, compared to its average volume of 621,508. The company has a current ratio of 8.28, a quick ratio of 8.28 and a debt-to-equity ratio of 1.20. EPR Properties has a one year low of $40.60 and a one year high of $57.72. The company has a market cap of $4.35 billion, a price-to-earnings ratio of 35.07, a price-to-earnings-growth ratio of 4.35 and a beta of 1.27. The company's fifty day moving average is $52.53 and its 200-day moving average is $49.36.

EPR Properties (NYSE:EPR - Get Free Report) last issued 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 during the quarter, compared to analyst estimates of $155.46 million. During the same period in the prior year, the business earned $1.12 EPS. The company's revenue for the quarter was up 4.7% on a year-over-year basis. On average, sell-side analysts predict that EPR Properties will post 4.65 earnings per share for the current year.

EPR Properties Announces Dividend

The firm also recently announced a jun 25 dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th will be given 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 is presently 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.