EPR Properties (NYSE:EPR) Trading Up 34.7%

EPR Properties (NYSE:EPR)’s stock price was up 34.7% during trading on Wednesday . The stock traded as high as $21.76 and last traded at $28.80, approximately 203,806 shares traded hands during trading. A decline of 92% from the average daily volume of 2,501,795 shares. The stock had previously closed at $21.38.

Several equities analysts have recently commented on EPR shares. Zacks Investment Research lowered EPR Properties from a “hold” rating to a “sell” rating in a report on Wednesday, March 18th. JPMorgan Chase & Co. raised EPR Properties from a “neutral” rating to an “overweight” rating and set a $84.00 target price for the company in a report on Wednesday, December 18th. Stifel Nicolaus lowered their target price on EPR Properties from $75.00 to $55.00 and set a “hold” rating for the company in a report on Friday, March 13th. ValuEngine raised EPR Properties from a “strong sell” rating to a “sell” rating in a report on Wednesday. Finally, SunTrust Banks raised EPR Properties from a “hold” rating to a “buy” rating and set a $77.00 target price for the company in a report on Wednesday, January 15th. Three investment analysts have rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company’s stock. EPR Properties currently has a consensus rating of “Hold” and an average price target of $78.57.

The firm has a market capitalization of $2.13 billion, a P/E ratio of 11.21 and a beta of 0.73. The business has a fifty day moving average of $52.58 and a 200-day moving average of $68.42. The company has a debt-to-equity ratio of 1.03, a quick ratio of 7.94 and a current ratio of 7.94.

EPR Properties (NYSE:EPR) last issued its quarterly earnings data on Monday, February 24th. The real estate investment trust reported $0.39 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.27 by ($0.88). EPR Properties had a return on equity of 7.54% and a net margin of 29.67%. The business had revenue of $170.35 million during the quarter, compared to the consensus estimate of $172.65 million. During the same period last year, the company earned $1.39 earnings per share. The business’s quarterly revenue was up 12.9% compared to the same quarter last year. On average, equities research analysts forecast that EPR Properties will post 4.82 earnings per share for the current fiscal year.

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be issued a $0.3825 dividend. This represents a $4.59 dividend on an annualized basis and a yield of 17.57%. This is a positive change from EPR Properties’s previous monthly dividend of $0.38. The ex-dividend date of this dividend is Monday, March 30th. EPR Properties’s dividend payout ratio is 82.72%.

In related news, SVP Craig L. Evans sold 2,500 shares of the stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $68.89, for a total value of $172,225.00. Following the completion of the transaction, the senior vice president now directly owns 41,135 shares of the company’s stock, valued at approximately $2,833,790.15. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.34% of the company’s stock.

A number of hedge funds and other institutional investors have recently modified their holdings of EPR. Norges Bank bought a new position in EPR Properties during the 4th quarter valued at $65,530,000. Prudential Financial Inc. boosted its stake in EPR Properties by 138.7% during the 4th quarter. Prudential Financial Inc. now owns 1,055,423 shares of the real estate investment trust’s stock valued at $74,556,000 after purchasing an additional 613,210 shares in the last quarter. Nuveen Asset Management LLC boosted its stake in EPR Properties by 43.8% during the 4th quarter. Nuveen Asset Management LLC now owns 1,049,146 shares of the real estate investment trust’s stock valued at $74,111,000 after purchasing an additional 319,807 shares in the last quarter. FMR LLC boosted its stake in EPR Properties by 56.1% during the 1st quarter. FMR LLC now owns 525,303 shares of the real estate investment trust’s stock valued at $40,396,000 after purchasing an additional 188,800 shares in the last quarter. Finally, William Blair Investment Management LLC acquired a new stake in shares of EPR Properties during the 4th quarter valued at $11,734,000. 84.85% of the stock is owned by hedge funds and other institutional investors.

About EPR Properties (NYSE:EPR)

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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