Midwest Professional Planners LTD. Purchases 8,404 Shares of EPR Properties (NYSE:EPR)

Midwest Professional Planners LTD. raised its position in shares of EPR Properties (NYSE:EPR - Free Report) by 34.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,956 shares of the real estate investment trust's stock after acquiring an additional 8,404 shares during the period. Midwest Professional Planners LTD.'s holdings in EPR Properties were worth $1,734,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Atlantic Edge Private Wealth Management LLC increased 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 last quarter. Allworth Financial LP lifted its position in EPR Properties by 53.0% during the first 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 last quarter. Brown Brothers Harriman & Co. purchased a new position in shares of EPR Properties in the 4th quarter worth $60,000. GF Fund Management CO. LTD. purchased a new position in shares of EPR Properties in the 4th quarter worth $61,000. Finally, EverSource Wealth Advisors LLC increased its holdings 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 worth $68,000 after buying an additional 522 shares during the last quarter. 74.66% of the stock is owned by hedge funds and other institutional investors.

EPR Properties Trading Up 0.9%

NYSE EPR traded up $0.51 during trading on Wednesday, hitting $60.18. The stock had a trading volume of 691,966 shares, compared to its average volume of 635,917. EPR Properties has a one year low of $41.75 and a one year high of $61.24. The stock has a 50 day simple moving average of $56.43 and a 200 day simple moving average of $51.35. The stock has a market capitalization of $4.58 billion, a price-to-earnings ratio of 36.92, a P/E/G ratio of 4.54 and a beta of 1.27. The company has a debt-to-equity ratio of 1.20, a quick ratio of 8.28 and a current ratio of 8.28.

EPR Properties (NYSE:EPR - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The real estate investment trust reported $1.21 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.16 by $0.05. EPR Properties had a return on equity of 6.30% and a net margin of 21.13%. The firm had revenue of $146.36 million during the quarter, compared to analyst estimates of $155.46 million. During the same period last year, the company earned $1.12 EPS. EPR Properties's quarterly revenue was up 4.7% compared to the same quarter last year. Sell-side analysts predict that EPR Properties will post 4.65 earnings per share 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. Stockholders of record on Thursday, July 31st will be issued a $0.295 dividend. This represents a dividend yield of 5.9%. The ex-dividend date of this dividend is Thursday, July 31st. EPR Properties's payout ratio is presently 217.18%.

Analyst Ratings Changes

EPR has been the subject of a number of analyst reports. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $58.00 price target on shares of EPR Properties in a report on Monday, May 19th. Raymond James Financial restated a "strong-buy" rating on shares of EPR Properties in a research report on Friday, May 23rd. Stifel Nicolaus raised EPR Properties from a "hold" rating to a "buy" rating and raised their price objective for the company from $52.00 to $65.00 in a research note on Friday, June 20th. Truist Financial lifted their target price on EPR Properties from $53.00 to $55.00 and gave the stock a "hold" rating in a report on Monday, May 19th. Finally, UBS Group increased their price target on EPR Properties from $56.00 to $62.00 and gave the company a "neutral" rating in a report on Wednesday. One investment analyst has rated the stock with a sell rating, three have given a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $57.29.

Insider Buying and Selling

In other EPR Properties news, EVP Gregory E. Zimmerman sold 7,500 shares of the business's stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $58.37, for a total value of $437,775.00. Following the completion of the sale, the executive vice president directly owned 103,877 shares of the company's stock, valued at $6,063,300.49. The trade was a 6.73% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.31% of the stock is owned by corporate insiders.

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.