Wedge Capital Management L L P NC Purchases 7,935 Shares of EPR Properties (NYSE:EPR)

Wedge Capital Management L L P NC raised its holdings in EPR Properties (NYSE:EPR - Free Report) by 24.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 40,370 shares of the real estate investment trust's stock after buying an additional 7,935 shares during the period. Wedge Capital Management L L P NC owned 0.05% of EPR Properties worth $2,124,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in EPR. Synergy Investment Management LLC acquired a new stake in shares of EPR Properties in the fourth quarter valued at about $27,000. Principal Securities Inc. increased its position 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 worth $57,000 after purchasing an additional 457 shares during the last quarter. Brown Brothers Harriman & Co. acquired a new stake in shares of EPR Properties in the 4th quarter valued at approximately $60,000. GF Fund Management CO. LTD. bought a new position in shares of EPR Properties in the fourth quarter valued at $61,000. Finally, EverSource Wealth Advisors LLC grew its position in shares of EPR Properties by 51.8% in 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 acquiring an additional 522 shares during the period. 74.66% of the stock is owned by institutional investors.

EPR Properties Price Performance

Shares of EPR Properties stock traded down $0.94 during trading on Friday, reaching $56.54. 748,595 shares of the company's stock were exchanged, compared to its average volume of 620,780. The company has a debt-to-equity ratio of 1.19, a quick ratio of 7.81 and a current ratio of 7.81. EPR Properties has a 1-year low of $40.04 and a 1-year high of $57.72. The company has a market cap of $4.30 billion, a P/E ratio of 24.48 and a beta of 1.27. The firm's 50-day moving average price is $51.88 and its 200 day moving average price is $49.14.

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

EPR Properties Announces Dividend

The firm also recently disclosed a jun 25 dividend, which will be paid on Tuesday, July 15th. Investors 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 yield of 6.3%. EPR Properties's dividend payout ratio (DPR) is presently 217.18%.

Analyst Ratings Changes

A number of equities analysts recently commented on EPR shares. Raymond James reiterated a "strong-buy" rating on shares of EPR Properties in a report on Friday, May 23rd. Wall Street Zen raised shares of EPR Properties from a "hold" rating to a "buy" rating in a report on Monday, May 12th. Stifel Nicolaus boosted their price objective on EPR Properties from $51.00 to $52.00 and gave the stock a "hold" rating in a report on Thursday, February 27th. UBS Group upped their target price on EPR Properties from $52.00 to $56.00 and gave the company a "neutral" rating in a research report on Tuesday, May 13th. Finally, Royal Bank of Canada reissued an "outperform" rating and set a $58.00 price target on shares of EPR Properties in a report on Monday, May 19th. One analyst has rated the stock with a sell rating, four have given a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $54.57.

Insider Buying and Selling

In other news, CAO Tonya L. Mater sold 3,120 shares of the stock in a transaction dated Monday, March 17th. The stock was 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 of the company's stock, valued at approximately $2,430,321.30. This represents a 6.25% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Brian Andrew Moriarty sold 2,500 shares of the business's stock in a transaction that occurred on 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 transaction, the senior vice president now directly owns 15,299 shares in the company, valued at approximately $795,395.01. This trade represents a 14.05% decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.31% of the stock is owned by corporate insiders.

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.