Asset Management One Co. Ltd. raised its position in shares of EPR Properties (NYSE:EPR – Free Report) by 22.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 135,633 shares of the real estate investment trust’s stock after purchasing an additional 25,159 shares during the quarter. Asset Management One Co. Ltd. owned 0.18% of EPR Properties worth $7,136,000 at the end of the most recent quarter.
Other hedge funds also recently modified their holdings of the company. Synergy Investment Management LLC bought a new position in shares of EPR Properties in the 4th quarter valued at approximately $27,000. Principal Securities Inc. raised its position in shares of 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 purchasing an additional 457 shares during the period. Brown Brothers Harriman & Co. acquired a new stake in shares of EPR Properties in the fourth quarter worth $60,000. GF Fund Management CO. LTD. acquired a new stake in shares of EPR Properties in the fourth quarter worth $61,000. Finally, EverSource Wealth Advisors LLC boosted its holdings in shares of EPR Properties by 51.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,530 shares of the real estate investment trust’s stock worth $68,000 after buying an additional 522 shares during the period. Hedge funds and other institutional investors own 74.66% of the company’s stock.
Analysts Set New Price Targets
Several brokerages recently commented on EPR. Raymond James Financial reiterated a “strong-buy” rating on shares of EPR Properties in a report on Friday, May 23rd. Truist Financial raised their price objective on EPR Properties from $53.00 to $55.00 and gave the stock a “hold” rating in a research report on Monday, May 19th. UBS Group lifted their price target on shares of EPR Properties from $52.00 to $56.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 13th. Stifel Nicolaus upgraded shares of EPR Properties from a “hold” rating to a “buy” rating and increased their price objective for the company from $52.00 to $65.00 in a research note on Friday, June 20th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $58.00 price objective on shares of EPR Properties in a report on Monday, May 19th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, EPR Properties currently has an average rating of “Moderate Buy” and a consensus price target of $56.43.
EPR Properties Trading Down 0.3%
Shares of EPR stock opened at $57.49 on Friday. The company has a market capitalization of $4.37 billion, a P/E ratio of 35.27, a P/E/G ratio of 4.39 and a beta of 1.27. EPR Properties has a 12-month low of $41.02 and a 12-month high of $59.31. The company has a quick ratio of 8.28, a current ratio of 8.28 and a debt-to-equity ratio of 1.20. The firm has a 50-day moving average price of $53.71 and a 200 day moving average price of $49.90.
EPR Properties (NYSE:EPR – Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The real estate investment trust reported $1.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.16 by $0.05. The firm had revenue of $146.36 million during the quarter, compared to the consensus estimate of $155.46 million. EPR Properties had a return on equity of 6.30% and a net margin of 21.13%. The business’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.12 EPS. Research analysts forecast that EPR Properties will post 4.65 earnings per share for the current fiscal year.
EPR Properties Announces Dividend
The business also recently disclosed a jun 25 dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be paid a dividend of $0.295 per share. The ex-dividend date is Monday, June 30th. This represents a dividend yield of 6.3%. EPR Properties’s dividend payout ratio (DPR) is presently 217.18%.
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.
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