EPR Properties (NYSE:EPR) Shares Sold by Sycale Advisors NY LLC

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

A number of other hedge funds have also modified their holdings of the business. Wealthfront Advisers LLC acquired a new stake in shares of EPR Properties in the fourth quarter valued at about $302,313,000. Charles Schwab Investment Management Inc. raised its position in shares of EPR Properties by 2.3% in the fourth 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 buying an additional 30,401 shares during the last quarter. Bank of New York Mellon Corp raised its position in shares of EPR Properties by 5.6% in the fourth 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 buying an additional 60,953 shares during the last quarter. LSV Asset Management raised its position in shares of 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 during the last quarter. Finally, American Century Companies Inc. raised its position in shares of EPR Properties by 44.6% in the fourth quarter. American Century Companies Inc. now owns 1,085,947 shares of the real estate investment trust's stock valued at $48,086,000 after buying an additional 334,943 shares during the last quarter. 74.66% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CAO Tonya L. Mater sold 3,120 shares of the company's stock in a transaction on Monday, March 17th. The shares were sold at an average price of $51.90, for a total value of $161,928.00. Following the completion of the sale, the chief accounting officer now owns 46,827 shares in the company, valued at $2,430,321.30. This represents a 6.25% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Brian Andrew Moriarty sold 2,500 shares of the company's stock in a transaction on Monday, March 17th. The shares were sold at an average price of $51.99, for a total transaction 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 approximately $795,395.01. This trade represents a 14.05% decrease in their position. The disclosure for this sale can be found here. Insiders sold 9,520 shares of company stock worth $502,581 in the last 90 days. Corporate insiders own 2.31% of the company's stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on EPR shares. Stifel Nicolaus raised their price objective on shares of EPR Properties from $51.00 to $52.00 and gave the stock a "hold" rating in a research report on Thursday, February 27th. Royal Bank of Canada restated an "outperform" rating and set a $58.00 price objective on shares of EPR Properties in a research report on Monday. Wells Fargo & Company raised their price objective on shares of EPR Properties from $45.00 to $52.00 and gave the stock an "underweight" rating in a research report on Monday, March 10th. StockNews.com upgraded shares of EPR Properties from a "hold" rating to a "buy" rating in a research report on Monday, May 12th. Finally, UBS Group raised their price objective on shares of EPR Properties from $52.00 to $56.00 and gave the stock a "neutral" rating in a research report on Tuesday, May 13th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $52.25.

EPR Properties Trading Down 0.9%

EPR stock traded down $0.47 during mid-day trading on Tuesday, hitting $53.58. 662,083 shares of the company were exchanged, compared to its average volume of 607,833. 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 firm has a market capitalization of $4.08 billion, a P/E ratio of 23.19 and a beta of 1.26. The business has a fifty day simple moving average of $50.07 and a 200-day simple moving average of $47.82. EPR Properties has a 12-month low of $39.87 and a 12-month high of $54.25.

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

EPR Properties Announces Dividend

The company also recently declared a may 25 dividend, which will be paid on Monday, June 16th. Shareholders of record on Friday, May 30th will be issued a dividend of $0.295 per share. This represents a yield of 6.6%. The ex-dividend date of this dividend is Friday, May 30th. 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.