First Trust Advisors LP lowered its stake in shares of EPR Properties (NYSE:EPR) by 7.9% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 148,903 shares of the real estate investment trust’s stock after selling 12,791 shares during the quarter. First Trust Advisors LP owned approximately 0.19% of EPR Properties worth $11,451,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds also recently added to or reduced their stakes in the company. Lindbrook Capital LLC acquired a new stake in EPR Properties during the fourth quarter worth approximately $25,000. Advisory Services Network LLC raised its holdings in EPR Properties by 92.6% during the first quarter. Advisory Services Network LLC now owns 339 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 163 shares in the last quarter. Bronfman E.L. Rothschild L.P. raised its holdings in EPR Properties by 195.6% during the fourth quarter. Bronfman E.L. Rothschild L.P. now owns 467 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 309 shares in the last quarter. First Interstate Bank acquired a new stake in EPR Properties during the first quarter worth approximately $33,000. Finally, Fort L.P. raised its holdings in EPR Properties by 173.2% during the fourth quarter. Fort L.P. now owns 560 shares of the real estate investment trust’s stock worth $36,000 after purchasing an additional 355 shares in the last quarter. 84.29% of the stock is currently owned by institutional investors.
Shares of EPR opened at $74.31 on Friday. The company has a current ratio of 5.61, a quick ratio of 5.61 and a debt-to-equity ratio of 1.05. The stock has a market capitalization of $5.68 billion, a price-to-earnings ratio of 12.18, a PEG ratio of 4.45 and a beta of 0.66. The business’s 50 day simple moving average is $78.17. EPR Properties has a 12-month low of $62.75 and a 12-month high of $80.75.
EPR Properties (NYSE:EPR) last announced its earnings results on Monday, April 29th. The real estate investment trust reported $1.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.35 by $0.01. The business had revenue of $164.50 million for the quarter, compared to analyst estimates of $162.03 million. EPR Properties had a net margin of 42.63% and a return on equity of 10.81%. The company’s revenue for the quarter was up 6.1% compared to the same quarter last year. During the same period last year, the firm posted $1.26 earnings per share. As a group, analysts expect that EPR Properties will post 5.41 earnings per share for the current fiscal year.
The firm also recently announced a jun 19 dividend, which will be paid on Monday, July 15th. Stockholders of record on Friday, June 28th will be given a dividend of $0.375 per share. The ex-dividend date is Thursday, June 27th. EPR Properties’s dividend payout ratio (DPR) is presently 73.77%.
A number of analysts have weighed in on EPR shares. ValuEngine raised shares of EPR Properties from a “hold” rating to a “buy” rating in a report on Saturday, March 9th. Raymond James raised their price objective on shares of EPR Properties from $76.00 to $80.00 and gave the stock an “outperform” rating in a report on Friday, March 22nd. Stifel Nicolaus raised their price objective on shares of EPR Properties from $76.00 to $80.00 and gave the stock a “hold” rating in a report on Tuesday, April 30th. Royal Bank of Canada raised their price objective on shares of EPR Properties to $83.00 in a report on Tuesday, May 28th. Finally, Bank of America cut shares of EPR Properties from a “neutral” rating to an “underperform” rating and set a $80.00 price objective on the stock. in a report on Tuesday, June 11th. Two analysts have rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company. EPR Properties has a consensus rating of “Hold” and an average price target of $78.83.
In other news, SVP Craig L. Evans sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, May 20th. The shares were sold at an average price of $76.57, for a total transaction of $382,850.00. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP Tonya L. Mater sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 23rd. The stock was sold at an average price of $77.87, for a total transaction of $77,870.00. Following the transaction, the vice president now owns 31,262 shares in the company, valued at $2,434,371.94. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 10,965 shares of company stock worth $851,977. Insiders own 1.34% of the company’s stock.
EPR Properties Company Profile
EPR Properties is a specialty real estate investment trust (REIT) that invests in properties in select market segments which require unique industry knowledge, while offering the potential for stable and attractive returns. Our total investments exceed $6.7 billion and our primary investment segments are Entertainment, Recreation and Education.
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