Formidable Asset Management LLC Makes New $425,000 Investment in EPR Properties (NYSE:EPR)

Formidable Asset Management LLC acquired a new stake in EPR Properties (NYSE:EPR - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 9,595 shares of the real estate investment trust's stock, valued at approximately $425,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Synergy Investment Management LLC bought a new position in EPR Properties during the 4th quarter worth $27,000. Principal Securities Inc. boosted its holdings in shares of EPR Properties by 54.5% during the 4th quarter. Principal Securities Inc. now owns 1,296 shares of the real estate investment trust's stock valued at $57,000 after acquiring an additional 457 shares in the last quarter. Brown Brothers Harriman & Co. acquired a new stake in shares of EPR Properties during the 4th quarter valued at $60,000. GF Fund Management CO. LTD. acquired a new stake in shares of EPR Properties during the 4th quarter valued at $61,000. Finally, EverSource Wealth Advisors LLC raised its position in shares of EPR Properties by 51.8% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,530 shares of the real estate investment trust's stock worth $68,000 after acquiring an additional 522 shares during the last quarter. Institutional investors own 74.66% of the company's stock.

Analyst Upgrades and Downgrades

EPR has been the topic of several recent analyst reports. Stifel Nicolaus boosted their target price 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. Raymond James reiterated a "strong-buy" rating on shares of EPR Properties in a report on Friday, May 23rd. Wall Street Zen raised shares of EPR Properties from a "hold" rating to a "buy" rating in a research report on Monday, May 12th. UBS Group raised their target price on EPR Properties from $52.00 to $56.00 and gave the company a "neutral" rating in a research report on Tuesday, May 13th. Finally, Truist Financial raised their target price on EPR Properties from $53.00 to $55.00 and gave the company a "hold" rating in a research report on Monday, May 19th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $54.43.

Insider Activity

In other EPR Properties news, SVP Gwendolyn Mary Johnson sold 3,900 shares of EPR Properties stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $54.02, for a total value of $210,678.00. Following the completion of the sale, the senior vice president now owns 8,216 shares of the company's stock, valued at approximately $443,828.32. The trade was a 32.19% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Brian Andrew Moriarty sold 2,500 shares of the firm's stock in a transaction on Monday, March 17th. The stock was sold at an average price of $51.99, for a total value of $129,975.00. Following the completion of the transaction, the senior vice president now directly owns 15,299 shares in the company, valued at approximately $795,395.01. This represents a 14.05% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 9,520 shares of company stock worth $502,581. Insiders own 2.31% of the company's stock.

EPR Properties Price Performance

Shares of EPR stock traded up $0.41 on Wednesday, reaching $54.56. The company's stock had a trading volume of 633,970 shares, compared to its average volume of 608,939. The company has a quick ratio of 7.81, a current 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 $54.73. The company has a market capitalization of $4.15 billion, a P/E ratio of 23.62 and a beta of 1.26. The stock's 50 day simple moving average is $50.25 and its 200-day simple moving average is $48.13.

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

EPR Properties Announces Dividend

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