American Century Companies Inc. Raises Stock Holdings in EPR Properties (NYSE:EPR)

American Century Companies Inc. raised its position in EPR Properties (NYSE:EPR - Free Report) by 44.6% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,085,947 shares of the real estate investment trust's stock after acquiring an additional 334,943 shares during the quarter. American Century Companies Inc. owned approximately 1.43% of EPR Properties worth $48,086,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Wealthfront Advisers LLC purchased a new stake in EPR Properties during the fourth quarter valued at approximately $302,313,000. Geode Capital Management LLC raised its holdings in EPR Properties by 0.5% in the 3rd quarter. Geode Capital Management LLC now owns 1,425,119 shares of the real estate investment trust's stock worth $69,904,000 after purchasing an additional 7,429 shares during the period. Charles Schwab Investment Management Inc. lifted its position in EPR Properties by 2.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,380,301 shares of the real estate investment trust's stock valued at $61,120,000 after purchasing an additional 30,401 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in EPR Properties by 5.6% during the fourth quarter. Bank of New York Mellon Corp now owns 1,145,267 shares of the real estate investment trust's stock valued at $50,712,000 after purchasing an additional 60,953 shares during the period. Finally, JPMorgan Chase & Co. increased its position in EPR Properties by 35.7% in the third quarter. JPMorgan Chase & Co. now owns 673,117 shares of the real estate investment trust's stock worth $33,010,000 after buying an additional 177,061 shares in the last quarter. Institutional investors own 74.66% of the company's stock.

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Insider Activity at EPR Properties

In other EPR Properties news, SVP Gwendolyn Mary Johnson sold 3,900 shares of the stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $54.02, for a total transaction of $210,678.00. Following the completion of the transaction, the senior vice president now owns 8,216 shares in the company, valued at $443,828.32. This trade represents a 32.19 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Tonya L. Mater sold 3,120 shares of the business's stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $51.90, for a total transaction of $161,928.00. Following the completion of the sale, the chief accounting officer now owns 46,827 shares in the company, valued at approximately $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. Over the last ninety days, insiders sold 9,520 shares of company stock valued at $502,581. 2.13% of the stock is owned by corporate insiders.

Analyst Ratings Changes

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

EPR Properties Price Performance

EPR traded up $0.37 during trading on Friday, hitting $51.66. 492,178 shares of the company traded hands, compared to its average volume of 591,763. The company has a market cap of $3.93 billion, a PE ratio of 22.37 and a beta of 1.72. EPR Properties has a 1 year low of $39.66 and a 1 year high of $54.25. The company has a current ratio of 7.81, a quick ratio of 7.81 and a debt-to-equity ratio of 1.19. The stock's 50-day simple moving average is $49.77 and its two-hundred day simple moving average is $47.40.

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 (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.56. The firm had revenue of $149.12 million for 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 anticipate that EPR Properties will post 4.65 earnings per share for the current fiscal year.

EPR Properties Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be given a dividend of $0.295 per share. This is an increase from EPR Properties's previous monthly dividend of $0.29. This represents a $3.54 dividend on an annualized basis and a dividend yield of 6.85%. The ex-dividend date is Monday, March 31st. EPR Properties's dividend payout ratio is currently 221.25%.

About EPR Properties

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.