Sycale Advisors NY LLC Has $31.87 Million Stake in EPR Properties (NYSE:EPR)

Sycale Advisors NY LLC lessened its holdings in EPR Properties (NYSE:EPR - Free Report) by 6.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 719,758 shares of the real estate investment trust's stock after selling 49,866 shares during the period. EPR Properties makes up 8.3% of Sycale Advisors NY LLC's portfolio, making the stock its biggest position. Sycale Advisors NY LLC owned about 0.95% of EPR Properties worth $31,871,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Wealthfront Advisers LLC acquired a new stake in shares of EPR Properties in the 4th quarter valued at $302,313,000. Charles Schwab Investment Management Inc. lifted its holdings in EPR Properties by 2.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,380,301 shares of the real estate investment trust's stock valued at $61,120,000 after purchasing an additional 30,401 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in EPR Properties by 5.6% during the 4th quarter. Bank of New York Mellon Corp now owns 1,145,267 shares of the real estate investment trust's stock valued at $50,712,000 after purchasing an additional 60,953 shares during the last quarter. LSV Asset Management boosted its position in EPR Properties by 12.3% in the fourth quarter. LSV Asset Management now owns 1,129,098 shares of the real estate investment trust's stock valued at $49,996,000 after buying an additional 123,400 shares in the last quarter. Finally, American Century Companies Inc. grew its stake in EPR Properties by 44.6% during the fourth quarter. American Century Companies Inc. now owns 1,085,947 shares of the real estate investment trust's stock worth $48,086,000 after buying an additional 334,943 shares during the last quarter. Institutional investors and hedge funds own 74.66% of the company's stock.

EPR Properties Trading Up 0.0%

EPR stock traded up $0.01 during trading on Friday, hitting $52.39. The company had a trading volume of 143,768 shares, compared to its average volume of 606,282. The firm has a 50-day moving average price of $50.15 and a 200-day moving average price of $47.94. EPR Properties has a 12 month low of $39.87 and a 12 month high of $54.25. The company has a quick ratio of 7.81, a current ratio of 7.81 and a debt-to-equity ratio of 1.19. The stock has a market cap of $3.99 billion, a price-to-earnings ratio of 22.68 and a beta of 1.26.

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

EPR Properties Dividend Announcement

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

Insiders Place Their Bets

In related news, CAO Tonya L. Mater sold 3,120 shares of EPR Properties stock in a transaction on Monday, March 17th. The stock was sold at an average price of $51.90, for a total transaction of $161,928.00. Following the completion of the sale, the chief accounting officer now directly owns 46,827 shares of the company's stock, valued at $2,430,321.30. The trade was a 6.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Brian Andrew Moriarty sold 2,500 shares of the company's stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $51.99, for a total value of $129,975.00. Following the completion of the sale, the senior vice president now owns 15,299 shares of the company's stock, valued at $795,395.01. This represents a 14.05% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 9,520 shares of company stock valued at $502,581. 2.31% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. Stifel Nicolaus lifted 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. UBS Group increased 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. Truist Financial lifted their price objective on EPR Properties from $53.00 to $55.00 and gave the company a "hold" rating in a research report on Monday. Raymond James boosted their price objective on EPR Properties from $54.00 to $57.00 and gave the stock a "strong-buy" rating in a research note on Friday. Finally, Wells Fargo & Company increased their target price on EPR Properties from $45.00 to $52.00 and gave the stock an "underweight" rating in a report on Monday, March 10th. One analyst has rated the stock with a sell rating, four have issued a hold rating, three have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, EPR Properties has an average rating of "Hold" and an average target price of $54.43.

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.