EPR Properties (NYSE:EPR) Position Trimmed by TT Capital Management LLC

TT Capital Management LLC lowered its stake in EPR Properties (NYSE:EPR - Free Report) by 61.4% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor 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 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of the stock. Treasurer of the State of North Carolina boosted its holdings in EPR Properties by 0.6% in the 4th quarter. Treasurer of the State of North Carolina now owns 32,851 shares of the real estate investment trust's stock worth $1,455,000 after acquiring an additional 210 shares during the period. 1620 Investment Advisors Inc. raised its stake in shares of EPR Properties by 1.5% during the fourth quarter. 1620 Investment Advisors Inc. now owns 15,071 shares of the real estate investment trust's stock valued at $667,000 after purchasing an additional 219 shares during the period. Global Retirement Partners LLC lifted its position in shares of EPR Properties by 5.9% during the fourth quarter. Global Retirement Partners LLC now owns 4,117 shares of the real estate investment trust's stock worth $182,000 after purchasing an additional 228 shares in the last quarter. Teamwork Financial Advisors LLC boosted its stake in shares of EPR Properties by 2.8% in the first quarter. Teamwork Financial Advisors LLC now owns 10,984 shares of the real estate investment trust's stock valued at $578,000 after purchasing an additional 295 shares during the period. Finally, MRP Capital Investments LLC boosted its stake in shares of EPR Properties by 9.9% in the fourth quarter. MRP Capital Investments LLC now owns 4,446 shares of the real estate investment trust's stock valued at $197,000 after purchasing an additional 401 shares during the period. 74.66% of the stock is currently owned by hedge funds and other institutional investors.

EPR Properties Stock Down 1.1%

Shares of EPR traded down $0.62 during midday trading on Wednesday, hitting $57.51. The company had a trading volume of 748,513 shares, compared to its average volume of 624,899. The stock has a market cap of $4.37 billion, a price-to-earnings ratio of 35.28, a PEG ratio of 4.42 and a beta of 1.27. The company's 50 day moving average price is $53.37 and its 200 day moving average price is $49.76. The company has a quick ratio of 8.28, a current ratio of 8.28 and a debt-to-equity ratio of 1.20. EPR Properties has a 52 week low of $40.95 and a 52 week high of $59.31.

EPR Properties (NYSE:EPR - Get Free Report) last posted its quarterly earnings results on Wednesday, May 7th. The real estate investment trust reported $1.21 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 business had revenue of $146.36 million during the quarter, compared to the consensus estimate of $155.46 million. During the same period last year, the firm earned $1.12 earnings per share. The company's revenue for the quarter was up 4.7% compared to the same quarter last year. On average, equities research analysts predict that EPR Properties will post 4.65 EPS for the current year.

EPR Properties Announces Dividend

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 issued a $0.295 dividend. The ex-dividend date of this dividend is Monday, June 30th. This represents a dividend yield of 6.3%. EPR Properties's dividend payout ratio (DPR) is 217.18%.

Wall Street Analyst Weigh In

EPR has been the topic of several analyst reports. Raymond James Financial reaffirmed a "strong-buy" rating on shares of EPR Properties in a research note on Friday, May 23rd. Royal Bank Of Canada restated an "outperform" rating and set a $58.00 target price on shares of EPR Properties in a research note on Monday, May 19th. Truist Financial lifted their target price on EPR Properties from $53.00 to $55.00 and gave the stock a "hold" rating in a research report on Monday, May 19th. Stifel Nicolaus raised EPR Properties from a "hold" rating to a "buy" rating and increased their price target for the company from $52.00 to $65.00 in a report on Friday, June 20th. Finally, Wall Street Zen upgraded EPR Properties from a "hold" rating to a "buy" rating in a research note on Monday, May 12th. One analyst has rated the stock with a sell rating, three have issued a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $56.43.

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.