Federated Hermes Inc. Has $3.94 Million Holdings in EPR Properties (NYSE:EPR)

Federated Hermes Inc. lessened its holdings in shares of EPR Properties (NYSE:EPR - Free Report) by 17.8% in the first quarter, according to its most recent filing with the SEC. The firm owned 74,953 shares of the real estate investment trust's stock after selling 16,204 shares during the quarter. Federated Hermes Inc. owned about 0.10% of EPR Properties worth $3,943,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of EPR. Atlantic Edge Private Wealth Management LLC lifted its position in EPR Properties by 88.9% in 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 period. Allworth Financial LP increased its position in shares of EPR Properties by 53.0% during the 1st quarter. Allworth Financial LP now owns 1,135 shares of the real estate investment trust's stock valued at $55,000 after purchasing an additional 393 shares during the period. GF Fund Management CO. LTD. bought a new stake in shares of EPR Properties in the 4th quarter worth $61,000. Rossby Financial LCC acquired a new stake in shares of EPR Properties in the first quarter valued at $85,000. Finally, GAMMA Investing LLC lifted its holdings in shares of EPR Properties by 66.0% in the first quarter. GAMMA Investing LLC now owns 1,871 shares of the real estate investment trust's stock valued at $98,000 after buying an additional 744 shares during the period. Institutional investors own 74.66% of the company's stock.

EPR Properties Trading Up 0.5%

NYSE EPR traded up $0.26 on Friday, hitting $54.40. 276,984 shares of the stock were exchanged, compared to its average volume of 757,712. The company's 50-day moving average price is $57.52 and its two-hundred day moving average price is $52.63. The company has a debt-to-equity ratio of 1.20, a current ratio of 7.77 and a quick ratio of 7.77. EPR Properties has a 52-week low of $41.75 and a 52-week high of $61.24. The company has a market capitalization of $4.14 billion, a price-to-earnings ratio of 26.81, a P/E/G ratio of 3.79 and a beta of 1.33.

EPR Properties (NYSE:EPR - Get Free Report) last issued its earnings results on Wednesday, July 30th. The real estate investment trust reported $1.24 EPS for the quarter, missing the consensus estimate of $1.25 by ($0.01). The business had revenue of $150.35 million during the quarter, compared to analyst estimates of $176.50 million. EPR Properties had a return on equity of 7.66% and a net margin of 25.28%. The business's quarterly revenue was up 3.7% on a year-over-year basis. During the same period last year, the business earned $1.22 EPS. Research analysts predict that EPR Properties will post 4.65 EPS for the current year.

EPR Properties Dividend Announcement

The business also recently declared a jul 25 dividend, which will be paid on Friday, August 15th. Investors of record on Thursday, July 31st will be issued a dividend of $0.295 per share. This represents a dividend yield of 590.0%. The ex-dividend date is Thursday, July 31st. EPR Properties's dividend payout ratio (DPR) is currently 174.38%.

Insider Activity at EPR Properties

In other EPR Properties news, EVP Gregory E. Zimmerman sold 7,500 shares of the company's stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $54.94, for a total value of $412,050.00. Following the transaction, the executive vice president owned 96,377 shares in the company, valued at approximately $5,294,952.38. This represents a 7.22% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 2.31% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Wells Fargo & Company lifted their target price on EPR Properties from $52.00 to $53.00 and gave the stock an "underweight" rating in a report on Monday, June 2nd. Truist Financial lifted their price objective on shares of EPR Properties from $53.00 to $55.00 and gave the stock a "hold" rating in a research note on Monday, May 19th. UBS Group increased their target price on shares of EPR Properties from $56.00 to $62.00 and gave the company a "neutral" rating in a research note on Wednesday, July 16th. Royal Bank Of Canada lowered shares of EPR Properties from an "outperform" rating to a "sector perform" rating and set a $58.00 price target on the stock. in a research report on Monday. Finally, Raymond James Financial restated a "strong-buy" rating on shares of EPR Properties in a report on Friday, May 23rd. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $57.36.

About EPR Properties

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.