EPR Properties (NYSE:EPR) Shares Sold by New Age Alpha Advisors LLC

Key Points

• New Age Alpha Advisors LLC reduced its holdings in EPR Properties by 16.5%, now owning 74,116 shares worth $3.9 million after selling 14,625 shares in Q1.
• Other institutional investors such as Principal Financial Group Inc. and GAMMA Investing LLC increased their stakes, highlighting a mixed sentiment among large shareholders.
• EPR Properties reported earnings per share of $1.24 for the last quarter, slightly missing analyst expectations, and declared a dividend of $0.295 per share, yielding 590.0%.

New Age Alpha Advisors LLC lowered its position in EPR Properties (NYSE:EPR - Free Report) by 16.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 74,116 shares of the real estate investment trust's stock after selling 14,625 shares during the quarter. New Age Alpha Advisors LLC owned 0.10% of EPR Properties worth $3,899,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. Atlantic Edge Private Wealth Management LLC increased its position in EPR Properties by 88.9% during the 1st 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 in the last quarter. Allworth Financial LP increased its position in 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 worth $55,000 after purchasing an additional 393 shares in the last quarter. GF Fund Management CO. LTD. purchased a new stake in EPR Properties during the 4th quarter worth about $61,000. Rossby Financial LCC purchased a new stake in EPR Properties during the 1st quarter worth about $85,000. Finally, SSA Swiss Advisors AG purchased a new stake in EPR Properties during the 1st quarter worth about $87,000. Hedge funds and other institutional investors own 74.66% of the company's stock.

Insider Activity

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 stock was sold at an average price of $54.94, for a total value of $412,050.00. Following the transaction, the executive vice president directly owned 96,377 shares of the company's stock, valued at $5,294,952.38. This represents a 7.22% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 2.31% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of analysts have issued reports on EPR shares. Royal Bank Of Canada lowered EPR Properties from an "outperform" rating to a "sector perform" rating and set a $58.00 price target on the stock. in a research note on Monday. Raymond James Financial reissued a "strong-buy" rating on shares of EPR Properties in a research report on Friday, May 23rd. Truist Financial increased their target price on shares of EPR Properties from $53.00 to $55.00 and gave the stock a "hold" rating in a research report on Monday, May 19th. Wall Street Zen raised shares of EPR Properties from a "hold" rating to a "buy" rating in a research report on Monday, May 12th. Finally, Stifel Nicolaus increased their target price on shares of EPR Properties from $65.00 to $65.50 and gave the stock a "buy" rating in a research report on Thursday, July 31st. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, three have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, EPR Properties has an average rating of "Hold" and an average price target of $57.36.

EPR Properties Stock Down 0.5%

EPR Properties stock traded down $0.27 during midday trading on Friday, hitting $53.87. 655,235 shares of the company were exchanged, compared to its average volume of 760,466. The company's fifty day moving average price is $57.52 and its 200-day moving average price is $52.63. The company has a market cap of $4.10 billion, a PE ratio of 26.54, a price-to-earnings-growth ratio of 3.79 and a beta of 1.33. 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 fifty-two week low of $41.75 and a fifty-two week high of $61.24.

EPR Properties (NYSE:EPR - Get Free Report) last released its quarterly 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). EPR Properties had a return on equity of 7.66% and a net margin of 25.28%. The company had revenue of $150.35 million for the quarter, compared to analyst estimates of $176.50 million. During the same period last year, the firm posted $1.22 earnings per share. The business's revenue was up 3.7% on a year-over-year basis. On average, research analysts predict that EPR Properties will post 4.65 EPS for the current fiscal year.

EPR Properties Dividend Announcement

The firm also recently announced a jul 25 dividend, which will be paid on Friday, August 15th. Shareholders of record on Thursday, July 31st will be given a $0.295 dividend. This represents a dividend yield of 590.0%. The ex-dividend date of this dividend is Thursday, July 31st. EPR Properties's dividend payout ratio is presently 174.38%.

EPR Properties 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.