Price T Rowe Associates Inc. MD Acquires 19,870 Shares of EPR Properties (NYSE:EPR)

Price T Rowe Associates Inc. MD raised its position in EPR Properties (NYSE:EPR - Free Report) by 6.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 318,383 shares of the real estate investment trust's stock after purchasing an additional 19,870 shares during the quarter. Price T Rowe Associates Inc. MD owned approximately 0.42% of EPR Properties worth $14,100,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Synergy Investment Management LLC bought a new stake in shares of EPR Properties in the 4th quarter valued at approximately $27,000. GAMMA Investing LLC grew its position 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 worth $50,000 after acquiring an additional 302 shares in the last quarter. Principal Securities Inc. raised its holdings in EPR Properties by 54.5% during 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 in the last quarter. Brown Brothers Harriman & Co. bought a new position in shares of EPR Properties in the 4th quarter valued at approximately $60,000. Finally, EverSource Wealth Advisors LLC raised its position in shares of 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 purchasing an additional 522 shares during the period. 74.66% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have recently commented on EPR. Stifel Nicolaus lifted their price objective on EPR Properties from $51.00 to $52.00 and gave the stock a "hold" rating in a research note on Thursday, February 27th. Truist Financial upped their target price on EPR Properties from $51.00 to $53.00 and gave the company a "hold" rating in a research note on Monday, March 24th. Royal Bank of Canada lifted their price target on shares of EPR Properties from $50.00 to $58.00 and gave the stock an "outperform" rating in a research note on Thursday, March 6th. Finally, Wells Fargo & Company increased their price target 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. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating, two have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, EPR Properties currently has an average rating of "Hold" and an average target price of $51.00.

EPR Properties Trading Up 2.0 %

NYSE:EPR traded up $1.01 during trading hours on Thursday, hitting $51.37. The stock had a trading volume of 237,796 shares, compared to its average volume of 605,145. The business's 50 day moving average is $50.03 and its 200-day moving average is $47.47. The company has a market cap of $3.91 billion, a price-to-earnings ratio of 22.24 and a beta of 1.26. EPR Properties has a one year low of $39.87 and a one year high of $54.25. 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 (NYSE:EPR - Get Free Report) last released 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 8.22% and a net margin of 28.87%. The company had revenue of $146.36 million for the quarter, compared to analyst estimates of $155.46 million. During the same quarter last year, the firm posted $1.12 earnings per share. EPR Properties's revenue was up 4.7% compared to the same quarter last year. Sell-side analysts anticipate that EPR Properties will post 4.65 EPS for the current fiscal year.

EPR Properties Dividend Announcement

The company also recently announced a apr 25 dividend, which will be paid on Thursday, May 15th. Shareholders of record on Wednesday, April 30th will be issued a dividend of $0.295 per share. This represents a yield of 7.3%. The ex-dividend date of this dividend is Wednesday, April 30th. EPR Properties's dividend payout ratio (DPR) is presently 221.25%.

Insider Activity

In other EPR Properties news, SVP Brian Andrew Moriarty sold 2,500 shares of EPR Properties stock in a transaction 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 sale, the senior vice president now directly owns 15,299 shares in the company, valued at approximately $795,395.01. The trade was a 14.05 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Tonya L. Mater sold 3,120 shares of the firm's stock in a transaction dated 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 transaction, the chief accounting officer now owns 46,827 shares of the company's stock, valued at $2,430,321.30. The trade was a 6.25 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 9,520 shares of company stock worth $502,581 over the last three months. Corporate insiders own 2.31% of the company's stock.

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.