Exchange Traded Concepts LLC Purchases 5,250 Shares of EPR Properties (NYSE:EPR)

Exchange Traded Concepts LLC grew its position in shares of EPR Properties (NYSE:EPR - Free Report) by 13.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 43,769 shares of the real estate investment trust's stock after purchasing an additional 5,250 shares during the period. Exchange Traded Concepts LLC owned about 0.06% of EPR Properties worth $2,303,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Wealthfront Advisers LLC bought a new position in shares of EPR Properties during the fourth quarter valued at about $302,313,000. Norges Bank bought a new position in EPR Properties in the fourth quarter worth about $41,148,000. 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. Raymond James Financial Inc. bought a new position in shares of EPR Properties in the 4th quarter worth approximately $13,145,000. Finally, Northern Trust Corp raised its position in shares of EPR Properties by 30.6% in the 4th quarter. Northern Trust Corp now owns 844,940 shares of the real estate investment trust's stock worth $37,414,000 after acquiring an additional 198,019 shares in the last quarter. Institutional investors own 74.66% of the company's stock.

EPR Properties Stock Performance

Shares of NYSE:EPR traded up $1.10 during mid-day trading on Friday, reaching $58.27. 1,450,198 shares of the company traded hands, compared to its average volume of 622,381. The company's 50 day moving average price is $52.97 and its 200-day moving average price is $49.57. The firm has a market cap of $4.43 billion, a PE ratio of 35.75, a PEG ratio of 4.44 and a beta of 1.27. The company has a debt-to-equity ratio of 1.20, a current ratio of 8.28 and a quick ratio of 8.28. EPR Properties has a 52 week low of $40.79 and a 52 week high of $58.78.

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 for the quarter, topping the consensus estimate of $1.16 by $0.05. The company had revenue of $146.36 million during 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%. EPR Properties's quarterly revenue was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.12 EPS. On average, equities analysts expect that EPR Properties will post 4.65 EPS for the current fiscal year.

EPR Properties Announces Dividend

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

Analyst Ratings Changes

EPR has been the subject of a number of research reports. Stifel Nicolaus upgraded EPR Properties from a "hold" rating to a "buy" rating and increased their price objective for the stock from $52.00 to $65.00 in a report on Friday. Wells Fargo & Company raised their target price on shares of EPR Properties from $52.00 to $53.00 and gave the company an "underweight" rating in a research note on Monday, June 2nd. Raymond James Financial restated a "strong-buy" rating on shares of EPR Properties in a report on Friday, May 23rd. Wall Street Zen upgraded EPR Properties from a "hold" rating to a "buy" rating in a report on Monday, May 12th. Finally, Truist Financial lifted their price objective on EPR Properties from $53.00 to $55.00 and gave the stock a "hold" rating in a report on Monday, May 19th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, four have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $56.43.

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.