Callan Family Office LLC Takes $269,000 Position in EPR Properties (NYSE:EPR)

Callan Family Office LLC purchased a new stake in EPR Properties (NYSE:EPR - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 6,074 shares of the real estate investment trust's stock, valued at approximately $269,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. grew its position in EPR Properties by 4.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,349,900 shares of the real estate investment trust's stock valued at $66,199,000 after buying an additional 54,567 shares during the period. Algert Global LLC boosted its stake in EPR Properties by 58.6% in the third quarter. Algert Global LLC now owns 140,626 shares of the real estate investment trust's stock valued at $6,896,000 after acquiring an additional 51,980 shares during the last quarter. Los Angeles Capital Management LLC grew its position in shares of EPR Properties by 19.0% during the 3rd quarter. Los Angeles Capital Management LLC now owns 302,130 shares of the real estate investment trust's stock valued at $14,816,000 after acquiring an additional 48,229 shares during the period. Empowered Funds LLC purchased a new stake in shares of EPR Properties during the 4th quarter worth approximately $352,000. Finally, JPMorgan Chase & Co. raised its holdings in shares of EPR Properties by 35.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 673,117 shares of the real estate investment trust's stock worth $33,010,000 after purchasing an additional 177,061 shares during the period. Hedge funds and other institutional investors own 74.66% of the company's stock.

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Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Stifel Nicolaus raised their target price on EPR Properties from $51.00 to $52.00 and gave the stock a "hold" rating in a research report on Thursday, February 27th. Royal Bank of Canada increased their target price on shares of EPR Properties from $50.00 to $58.00 and gave the stock an "outperform" rating in a research report on Thursday, March 6th. UBS Group initiated coverage on shares of EPR Properties in a research note on Thursday, November 14th. They issued a "neutral" rating and a $48.00 price objective for the company. Finally, Wells Fargo & Company increased their target price on EPR Properties from $45.00 to $52.00 and gave the stock an "underweight" rating in a research report on Monday. Two analysts have rated the stock with a sell rating, five have assigned a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, EPR Properties currently has an average rating of "Hold" and a consensus target price of $50.13.

EPR Properties Price Performance

EPR traded up $1.05 during trading on Friday, reaching $51.67. The stock had a trading volume of 670,445 shares, compared to its average volume of 565,738. The company has a debt-to-equity ratio of 1.19, a quick ratio of 7.81 and a current ratio of 7.81. The business has a 50-day moving average of $48.39 and a 200-day moving average of $47.09. EPR Properties has a one year low of $39.66 and a one year high of $54.25. The stock has a market cap of $3.93 billion, a PE ratio of 22.37 and a beta of 1.71.

EPR Properties (NYSE:EPR - Get Free Report) last announced its quarterly earnings data on Wednesday, February 26th. The real estate investment trust reported $1.22 earnings per share for the quarter, beating analysts' consensus estimates of $0.66 by $0.56. The company 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, equities research analysts anticipate that EPR Properties will post 4.65 EPS for the current fiscal year.

EPR Properties Increases Dividend

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

Insider Activity

In other news, SVP Gwendolyn Mary Johnson sold 3,900 shares of the firm's stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $54.02, for a total value of $210,678.00. Following the transaction, the senior vice president now owns 8,216 shares in the company, valued at approximately $443,828.32. This trade represents a 32.19 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 2.13% of the company's stock.

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.