Advisors Capital Management LLC Raises Stock Holdings in EPR Properties (NYSE:EPR)

Advisors Capital Management LLC raised its holdings in shares of EPR Properties (NYSE:EPR - Free Report) by 2.3% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 495,055 shares of the real estate investment trust's stock after purchasing an additional 11,357 shares during the period. Advisors Capital Management LLC owned 0.65% of EPR Properties worth $21,921,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the business. Treasurer of the State of North Carolina lifted its holdings in shares of EPR Properties by 0.6% during the 4th quarter. Treasurer of the State of North Carolina now owns 32,851 shares of the real estate investment trust's stock valued at $1,455,000 after purchasing an additional 210 shares during the last quarter. LSV Asset Management boosted its stake in EPR Properties by 12.3% in the 4th quarter. LSV Asset Management now owns 1,129,098 shares of the real estate investment trust's stock worth $49,996,000 after purchasing an additional 123,400 shares in the last quarter. Greenland Capital Management LP grew its position in EPR Properties by 40.5% during the 4th quarter. Greenland Capital Management LP now owns 25,295 shares of the real estate investment trust's stock worth $1,120,000 after purchasing an additional 7,295 shares during the last quarter. FIL Ltd raised its holdings in shares of EPR Properties by 38.9% in the fourth quarter. FIL Ltd now owns 2,484 shares of the real estate investment trust's stock worth $110,000 after buying an additional 696 shares during the last quarter. Finally, Bank of Montreal Can lifted its stake in shares of EPR Properties by 10.1% during the fourth quarter. Bank of Montreal Can now owns 12,666 shares of the real estate investment trust's stock worth $561,000 after buying an additional 1,163 shares during the period. Hedge funds and other institutional investors own 74.66% of the company's stock.

Insiders Place Their Bets

In other EPR Properties news, SVP Gwendolyn Mary Johnson sold 3,900 shares of the business's stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $54.02, for a total transaction of $210,678.00. Following the transaction, the senior vice president now owns 8,216 shares of the company's stock, valued at approximately $443,828.32. The trade was a 32.19 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO Tonya L. Mater sold 3,120 shares of the firm's stock in a transaction on Monday, March 17th. The stock was sold at an average price of $51.90, for a total value of $161,928.00. Following the completion of the sale, the chief accounting officer now directly owns 46,827 shares of the company's stock, valued at $2,430,321.30. This trade represents a 6.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 9,520 shares of company stock valued at $502,581 in the last 90 days. 2.31% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. Stifel Nicolaus boosted their price target on EPR Properties from $51.00 to $52.00 and gave the company a "hold" rating in a research note on Thursday, February 27th. Royal Bank of Canada increased their price objective on shares of EPR Properties from $50.00 to $58.00 and gave the stock an "outperform" rating in a research note on Thursday, March 6th. Truist Financial upped their price target on shares of EPR Properties from $51.00 to $53.00 and gave the company a "hold" rating in a report on Monday, March 24th. Finally, Wells Fargo & Company boosted their price objective on EPR Properties from $45.00 to $52.00 and gave the company an "underweight" rating in a report on Monday, March 10th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating, two have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $51.00.

EPR Properties Price Performance

Shares of EPR Properties stock traded up $0.73 on Friday, reaching $49.23. The company's stock had a trading volume of 495,351 shares, compared to its average volume of 613,718. The stock has a 50-day moving average price of $50.05 and a 200-day moving average price of $47.34. EPR Properties has a 52-week low of $39.87 and a 52-week high of $54.25. The company has a market capitalization of $3.74 billion, a P/E ratio of 21.31 and a beta of 1.30. The company has a quick ratio of 7.81, a current ratio of 7.81 and a debt-to-equity ratio of 1.19.

EPR Properties (NYSE:EPR - Get Free Report) last released its quarterly earnings results on Wednesday, February 26th. The real estate investment trust reported $1.22 earnings per share for the quarter, topping the consensus estimate of $0.66 by $0.56. EPR Properties had a net margin of 28.87% and a return on equity of 8.22%. The firm had revenue of $149.12 million during the quarter, compared to the consensus estimate of $161.25 million. Analysts expect that EPR Properties will post 4.65 EPS for the current year.

EPR Properties Announces Dividend

The firm also recently announced a apr 25 dividend, which will be paid on Thursday, May 15th. Shareholders of record on Wednesday, April 30th will be paid a dividend of $0.295 per share. The ex-dividend date of this dividend is Wednesday, April 30th. This represents a yield of 7.3%. EPR Properties's dividend payout ratio (DPR) is presently 221.25%.

EPR Properties Profile

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.