EPR Properties (NYSE:EPR) Shares Sold by TT Capital Management LLC

TT Capital Management LLC cut its holdings in shares of EPR Properties (NYSE:EPR - Free Report) by 61.4% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 8,925 shares of the real estate investment trust's stock after selling 14,200 shares during the quarter. TT Capital Management LLC's holdings in EPR Properties were worth $470,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Synergy Investment Management LLC purchased a new position in shares of EPR Properties during the 4th quarter valued at approximately $27,000. Principal Securities Inc. increased 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 purchasing an additional 457 shares in the last quarter. Brown Brothers Harriman & Co. purchased a new position in shares of EPR Properties during the 4th quarter valued at approximately $60,000. GF Fund Management CO. LTD. purchased a new position in shares of EPR Properties during the 4th quarter valued at approximately $61,000. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of EPR Properties by 51.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,530 shares of the real estate investment trust's stock valued at $68,000 after purchasing an additional 522 shares in the last quarter. 74.66% of the stock is owned by hedge funds and other institutional investors.

EPR Properties Price Performance

EPR traded up $1.10 on Friday, hitting $58.27. 1,450,198 shares of the company's stock were exchanged, compared to its average volume of 622,381. EPR Properties has a fifty-two week low of $40.79 and a fifty-two week high of $58.78. The company has a current ratio of 8.28, a quick ratio of 8.28 and a debt-to-equity ratio of 1.20. The firm has a 50-day moving average price of $52.97 and a 200-day moving average price of $49.60. The stock has a market cap of $4.43 billion, a price-to-earnings ratio of 35.75, a P/E/G ratio of 4.44 and a beta of 1.27.

EPR Properties (NYSE:EPR - Get Free Report) last announced its 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. EPR Properties had a net margin of 21.13% and a return on equity of 6.30%. The company had revenue of $146.36 million for the quarter, compared to analysts' expectations of $155.46 million. During the same quarter in the previous year, the company posted $1.12 EPS. The firm's quarterly revenue was up 4.7% on a year-over-year basis. As a group, equities analysts anticipate that EPR Properties will post 4.65 earnings per share for the current year.

EPR Properties Dividend Announcement

The company also recently declared a jun 25 dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th will be given a dividend of $0.295 per share. The ex-dividend date is Monday, June 30th. This represents a dividend yield of 6.3%. EPR Properties's payout ratio is 217.18%.

Analysts Set New Price Targets

A number of research firms recently issued reports on EPR. Royal Bank Of Canada reissued an "outperform" rating and issued a $58.00 price target on shares of EPR Properties in a research note on Monday, May 19th. Truist Financial lifted their price target on shares of EPR Properties from $53.00 to $55.00 and gave the company a "hold" rating in a research note on Monday, May 19th. Wall Street Zen raised shares of EPR Properties from a "hold" rating to a "buy" rating in a research note on Monday, May 12th. Wells Fargo & Company lifted their price target on shares of EPR Properties from $52.00 to $53.00 and gave the company an "underweight" rating in a research note on Monday, June 2nd. Finally, Raymond James Financial reissued a "strong-buy" rating on shares of EPR Properties in a research note on Friday, May 23rd. One investment analyst has rated the stock with a sell rating, three have given a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, EPR Properties presently has a consensus rating of "Moderate Buy" and a consensus price target of $56.43.

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.