Alliancebernstein L.P. Reduces Stock Holdings in EPR Properties (NYSE:EPR)

Alliancebernstein L.P. lessened its position in shares of EPR Properties (NYSE:EPR - Free Report) by 6.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 108,619 shares of the real estate investment trust's stock after selling 7,688 shares during the quarter. Alliancebernstein L.P. owned about 0.14% of EPR Properties worth $4,810,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in EPR. Synergy Investment Management LLC bought a new position in shares of EPR Properties in the 4th quarter valued at about $27,000. GAMMA Investing LLC boosted its holdings in shares of EPR Properties by 36.6% in the 4th quarter. GAMMA Investing LLC now owns 1,127 shares of the real estate investment trust's stock worth $50,000 after purchasing an additional 302 shares during the period. Principal Securities Inc. increased its position in shares of EPR Properties by 54.5% during the 4th 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 last quarter. Brown Brothers Harriman & Co. bought a new stake in EPR Properties in the fourth quarter worth $60,000. Finally, EverSource Wealth Advisors LLC boosted its stake in EPR Properties by 51.8% during the fourth 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. Institutional investors own 74.66% of the company's stock.

Insider Activity

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

EPR Properties Trading Up 1.5 %

NYSE:EPR traded up $0.73 during midday trading on Friday, hitting $49.23. The stock had a trading volume of 495,351 shares, compared to its average volume of 613,862. The stock has a 50-day moving average of $50.08 and a 200 day moving average of $47.35. The company has a market capitalization of $3.74 billion, a price-to-earnings ratio of 21.31 and a beta of 1.30. EPR Properties has a one year low of $39.87 and a one year high of $54.25. 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 issued its 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. The business had revenue of $149.12 million during the quarter, compared to analysts' expectations of $161.25 million. EPR Properties had a return on equity of 8.22% and a net margin of 28.87%. As a group, sell-side analysts forecast that EPR Properties will post 4.65 EPS for the current year.

EPR Properties Dividend Announcement

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 given a dividend of $0.295 per share. This represents a yield of 7.3%. The ex-dividend date is Wednesday, April 30th. EPR Properties's dividend payout ratio (DPR) is 221.25%.

Analyst Upgrades and Downgrades

EPR has been the subject of several analyst reports. Truist Financial raised their target price on shares of EPR Properties from $51.00 to $53.00 and gave the stock a "hold" rating in a report on Monday, March 24th. Royal Bank of Canada raised 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. Wells Fargo & Company boosted their target price on EPR Properties from $45.00 to $52.00 and gave the company an "underweight" rating in a research report on Monday, March 10th. Finally, Stifel Nicolaus increased their price target on EPR Properties from $51.00 to $52.00 and gave the stock a "hold" rating in a report on Thursday, February 27th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $51.00.

EPR Properties Company 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.