Lighthouse Investment Partners LLC Takes Position in EPR Properties (NYSE:EPR)

Lighthouse Investment Partners LLC acquired a new stake in EPR Properties (NYSE:EPR - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 109,000 shares of the real estate investment trust's stock, valued at approximately $4,827,000. Lighthouse Investment Partners LLC owned about 0.14% of EPR Properties at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Synergy Investment Management LLC purchased a new stake in EPR Properties in the fourth quarter valued at approximately $27,000. GAMMA Investing LLC lifted its stake in EPR Properties by 36.6% in the fourth quarter. GAMMA Investing LLC now owns 1,127 shares of the real estate investment trust's stock valued at $50,000 after buying an additional 302 shares during the last quarter. Principal Securities Inc. lifted its stake in EPR Properties by 54.5% in the fourth quarter. Principal Securities Inc. now owns 1,296 shares of the real estate investment trust's stock valued at $57,000 after buying an additional 457 shares during the last quarter. Brown Brothers Harriman & Co. purchased a new stake in EPR Properties in the fourth quarter valued at approximately $60,000. Finally, EverSource Wealth Advisors LLC lifted its stake in EPR Properties by 51.8% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,530 shares of the real estate investment trust's stock valued at $68,000 after buying an additional 522 shares during the last quarter. Hedge funds and other institutional investors own 74.66% of the company's stock.

EPR Properties Price Performance

EPR stock traded up $0.48 on Friday, reaching $54.18. 692,150 shares of the company's stock were exchanged, compared to its average volume of 609,438. The stock has a fifty day moving average of $50.02 and a 200-day moving average of $47.76. EPR Properties has a twelve month low of $39.87 and a twelve month high of $54.25. The firm has a market cap of $4.12 billion, a PE ratio of 23.46 and a beta of 1.26. The company has a quick ratio of 7.81, a current ratio of 7.81 and a debt-to-equity ratio of 1.19.

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, topping 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 firm had revenue of $146.36 million for the quarter, compared to analyst estimates of $155.46 million. During the same quarter in the prior year, the company posted $1.12 earnings per share. EPR Properties's quarterly revenue was up 4.7% on a year-over-year basis. As a group, equities analysts predict that EPR Properties will post 4.65 EPS for the current fiscal year.

EPR Properties Dividend Announcement

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

Wall Street Analysts Forecast Growth

EPR has been the subject of a number of research reports. Stifel Nicolaus boosted their price objective on 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 boosted their target price on EPR Properties from $52.00 to $56.00 and gave the company a "neutral" rating in a report on Tuesday, May 13th. Truist Financial boosted their target price on EPR Properties from $51.00 to $53.00 and gave the company a "hold" rating in a report on Monday, March 24th. Wells Fargo & Company boosted their target price on EPR Properties from $45.00 to $52.00 and gave the company an "underweight" rating in a report on Monday, March 10th. Finally, Royal Bank of Canada boosted their target price on EPR Properties from $50.00 to $58.00 and gave the company an "outperform" rating in a report on Thursday, March 6th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, EPR Properties currently has an average rating of "Hold" and a consensus price target of $52.00.

Insiders Place Their Bets

In other EPR Properties news, CAO Tonya L. Mater sold 3,120 shares of the business's 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 sale, the chief accounting officer now directly owns 46,827 shares in the company, valued at approximately $2,430,321.30. The trade was a 6.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Gwendolyn Mary Johnson sold 3,900 shares of the business's stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $54.02, for a total value of $210,678.00. Following the sale, the senior vice president now owns 8,216 shares in the company, valued at approximately $443,828.32. The trade was a 32.19% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 9,520 shares of company stock worth $502,581. 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.