EPR Properties’ (EPR) Sector Perform Rating Reiterated at Royal Bank Of Canada

Royal Bank Of Canada restated their sector perform rating on shares of EPR Properties (NYSE:EPR) in a research note issued to investors on Friday morning,Benzinga reports. The brokerage currently has a $58.00 target price on the real estate investment trust’s stock.

A number of other equities analysts have also weighed in on EPR. Weiss Ratings restated a “buy (b-)” rating on shares of EPR Properties in a report on Monday, December 29th. Wall Street Zen cut EPR Properties from a “buy” rating to a “hold” rating in a research note on Saturday, November 1st. Wells Fargo & Company lowered their price target on EPR Properties from $56.00 to $54.00 and set an “equal weight” rating on the stock in a report on Tuesday, November 25th. Truist Financial increased their price objective on EPR Properties from $55.00 to $57.00 and gave the company a “hold” rating in a research report on Tuesday, November 18th. Finally, JPMorgan Chase & Co. decreased their target price on EPR Properties from $65.00 to $58.00 and set an “overweight” rating for the company in a research report on Tuesday, December 2nd. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $58.36.

EPR Properties Stock Performance

Shares of EPR Properties stock opened at $54.26 on Friday. EPR Properties has a 1 year low of $41.75 and a 1 year high of $61.24. The firm’s 50-day moving average is $51.91 and its 200 day moving average is $53.54. The stock has a market cap of $4.13 billion, a price-to-earnings ratio of 23.69, a PEG ratio of 3.21 and a beta of 0.99. The company has a debt-to-equity ratio of 1.19, a current ratio of 7.21 and a quick ratio of 7.21.

EPR Properties Dividend Announcement

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

Insider Activity at EPR Properties

In other news, EVP Gregory E. Zimmerman sold 7,500 shares of the company’s stock in a transaction on 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 sale, the executive vice president directly owned 64,251 shares in the company, valued at $3,357,114.75. This represents a 10.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. 2.31% of the stock is owned by company insiders.

Institutional Trading of EPR Properties

Several hedge funds have recently bought and sold shares of EPR. State of Michigan Retirement System lifted its position in shares of EPR Properties by 1.1% during the 2nd quarter. State of Michigan Retirement System now owns 18,289 shares of the real estate investment trust’s stock valued at $1,066,000 after buying an additional 200 shares in the last quarter. True Wealth Design LLC lifted its holdings in EPR Properties by 48.2% during the fourth quarter. True Wealth Design LLC now owns 683 shares of the real estate investment trust’s stock valued at $34,000 after purchasing an additional 222 shares in the last quarter. Family Wealth Partners LLC lifted its holdings in EPR Properties by 2.0% during the fourth quarter. Family Wealth Partners LLC now owns 11,422 shares of the real estate investment trust’s stock valued at $570,000 after purchasing an additional 229 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its position in shares of EPR Properties by 0.3% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 83,395 shares of the real estate investment trust’s stock worth $4,838,000 after purchasing an additional 241 shares during the period. Finally, Wincap Financial LLC increased its stake in shares of EPR Properties by 1.7% in the fourth quarter. Wincap Financial LLC now owns 15,575 shares of the real estate investment trust’s stock worth $777,000 after purchasing an additional 258 shares in the last quarter. Institutional investors own 74.66% of the company’s stock.

EPR Properties Company 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.