Y Intercept Hong Kong Ltd Invests $1.04 Million in EPR Properties $EPR

Y Intercept Hong Kong Ltd acquired a new stake in EPR Properties (NYSE:EPR) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 17,967 shares of the real estate investment trust’s stock, valued at approximately $1,042,000.

A number of other institutional investors also recently bought and sold shares of the stock. Resona Asset Management Co. Ltd. increased its stake in EPR Properties by 10.0% during the 3rd quarter. Resona Asset Management Co. Ltd. now owns 33,530 shares of the real estate investment trust’s stock valued at $1,928,000 after purchasing an additional 3,061 shares in the last quarter. Teacher Retirement System of Texas increased its position in shares of EPR Properties by 86.1% in the 3rd quarter. Teacher Retirement System of Texas now owns 48,691 shares of the real estate investment trust’s stock valued at $2,825,000 after acquiring an additional 22,533 shares during the period. Bailard Inc. raised its stake in EPR Properties by 35.4% in the 3rd quarter. Bailard Inc. now owns 6,500 shares of the real estate investment trust’s stock worth $377,000 after acquiring an additional 1,700 shares during the last quarter. Chicago Partners Investment Group LLC lifted its position in EPR Properties by 51.6% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 14,496 shares of the real estate investment trust’s stock worth $841,000 after acquiring an additional 4,937 shares during the period. Finally, Inscription Capital LLC lifted its position in EPR Properties by 71.7% during the 3rd quarter. Inscription Capital LLC now owns 13,401 shares of the real estate investment trust’s stock worth $777,000 after acquiring an additional 5,595 shares during the period. 74.66% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Truist Financial raised their price objective on EPR Properties from $55.00 to $57.00 and gave the stock a “hold” rating in a research note on Tuesday, November 18th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $58.00 price target on shares of EPR Properties in a report on Friday. Wells Fargo & Company reduced their price target on shares of EPR Properties from $56.00 to $54.00 and set an “equal weight” rating for the company in a research report on Tuesday, November 25th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of EPR Properties in a report on Monday, December 29th. Finally, JPMorgan Chase & Co. cut their price objective on shares of EPR Properties from $65.00 to $58.00 and set an “overweight” rating on the stock in a research note on Tuesday, December 2nd. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $58.36.

Insider Activity at EPR Properties

In related news, EVP Gregory E. Zimmerman sold 7,500 shares of EPR Properties stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $52.25, for a total value of $391,875.00. Following the completion of the transaction, the executive vice president owned 64,251 shares in the company, valued at $3,357,114.75. The trade was a 10.45% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 2.31% of the stock is owned by company insiders.

EPR Properties Trading Up 0.8%

Shares of NYSE:EPR opened at $54.26 on Friday. The company has a current ratio of 7.21, a quick ratio of 7.21 and a debt-to-equity ratio of 1.19. EPR Properties has a 12-month low of $41.75 and a 12-month high of $61.24. The business has a 50 day moving average of $51.91 and a two-hundred day moving average of $53.58. The company has a market capitalization of $4.13 billion, a PE ratio of 23.69, a PEG ratio of 3.19 and a beta of 0.94.

EPR Properties (NYSE:EPR) last posted its earnings results on Wednesday, October 29th. The real estate investment trust reported $1.39 earnings per share for the quarter, beating the consensus estimate of $1.32 by $0.07. EPR Properties had a net margin of 28.01% and a return on equity of 8.58%. The firm had revenue of $182.31 million during the quarter, compared to analyst estimates of $181.78 million. During the same period in the previous year, the firm earned $1.30 EPS. The business’s quarterly revenue was up 1.0% on a year-over-year basis. As a group, analysts forecast that EPR Properties will post 4.65 EPS for the current year.

EPR Properties Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, February 17th. Stockholders of record on Friday, January 30th will be paid a dividend of $0.295 per share. This represents a c) annualized dividend and a dividend yield of 6.5%. The ex-dividend date of this dividend is Friday, January 30th. EPR Properties’s dividend payout ratio is presently 154.59%.

EPR Properties Profile

EPR Properties is a real estate investment trust that specializes in experiential properties across the United States, Canada and select international markets. Established in 1997 and headquartered in Kansas City, Missouri, the company targets properties in the entertainment, recreation and education sectors. Its portfolio includes movie theaters, ski resorts, family entertainment centers, charter schools and other venues that benefit from consumer-driven experiences.

The trust employs long-term, triple-net lease agreements, where tenants are responsible for real estate taxes, insurance and maintenance.