Formidable Asset Management LLC Invests $425,000 in EPR Properties (NYSE:EPR)

Formidable Asset Management LLC acquired a new position in shares of EPR Properties (NYSE:EPR - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 9,595 shares of the real estate investment trust's stock, valued at approximately $425,000.

Other institutional investors have also added to or reduced their stakes in the company. GF Fund Management CO. LTD. acquired a new position in EPR Properties during the 4th quarter worth approximately $61,000. Sunbelt Securities Inc. boosted its holdings in EPR Properties by 100.0% during the fourth quarter. Sunbelt Securities Inc. now owns 8,000 shares of the real estate investment trust's stock worth $354,000 after purchasing an additional 4,000 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in EPR Properties by 1.2% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 463,039 shares of the real estate investment trust's stock valued at $20,503,000 after purchasing an additional 5,418 shares in the last quarter. Vermillion & White Wealth Management Group LLC bought a new position in EPR Properties in the fourth quarter valued at $223,000. Finally, Quantinno Capital Management LP increased its stake in EPR Properties by 28.9% in the 4th quarter. Quantinno Capital Management LP now owns 162,393 shares of the real estate investment trust's stock valued at $7,191,000 after buying an additional 36,367 shares during the last quarter. 74.66% of the stock is owned by institutional investors.

Analysts Set New Price Targets

EPR has been the subject of a number of recent research reports. Wells Fargo & Company increased their price objective on shares of EPR Properties from $45.00 to $52.00 and gave the stock an "underweight" rating in a research note on Monday, March 10th. Royal Bank of Canada reissued an "outperform" rating and set a $58.00 price target on shares of EPR Properties in a research report on Monday, May 19th. UBS Group boosted their price target on EPR Properties from $52.00 to $56.00 and gave the stock a "neutral" rating in a research report on Tuesday, May 13th. Raymond James reiterated a "strong-buy" rating on shares of EPR Properties in a research note on Friday, May 23rd. Finally, Stifel Nicolaus raised their target price on shares of EPR Properties from $51.00 to $52.00 and gave the company a "hold" rating in a research note on Thursday, February 27th. One research analyst has rated the stock with a sell rating, four have given a hold rating, three have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, EPR Properties has a consensus rating of "Hold" and a consensus price target of $54.43.

Insider Activity

In related news, SVP Gwendolyn Mary Johnson sold 3,900 shares of the firm's stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $54.02, for a total value of $210,678.00. Following the sale, the senior vice president now directly owns 8,216 shares of the company's stock, valued at $443,828.32. This trade represents a 32.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, SVP Brian Andrew Moriarty sold 2,500 shares of the business's stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $51.99, for a total value of $129,975.00. Following the transaction, the senior vice president now directly 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 disclosure for this sale can be found here. Over the last quarter, insiders have sold 9,520 shares of company stock valued at $502,581. 2.31% of the stock is owned by insiders.

EPR Properties Stock Performance

Shares of EPR traded up $0.50 during mid-day trading on Friday, reaching $55.47. The company's stock had a trading volume of 277,165 shares, compared to its average volume of 608,651. 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 1-year low of $39.87 and a 1-year high of $55.81. The business has a 50-day simple moving average of $50.38 and a two-hundred day simple moving average of $48.25. The stock has a market cap of $4.22 billion, a P/E ratio of 23.99 and a beta of 1.26.

EPR Properties (NYSE:EPR - Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The real estate investment trust reported $1.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.16 by $0.05. EPR Properties had a return on equity of 8.22% and a net margin of 28.87%. The business had revenue of $146.36 million during the quarter, compared to the consensus estimate of $155.46 million. During the same quarter last year, the firm posted $1.12 EPS. The company's quarterly revenue was up 4.7% on a year-over-year basis. As a group, equities research analysts anticipate that EPR Properties will post 4.65 earnings per share for the current fiscal year.

EPR Properties Dividend Announcement

The company also recently disclosed a may 25 dividend, which will be paid on Monday, June 16th. Stockholders of record on Friday, May 30th will be issued a dividend of $0.295 per share. This represents a dividend yield of 6.6%. The ex-dividend date is Friday, May 30th. EPR Properties's dividend payout ratio is presently 217.18%.

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.