Commonwealth of Pennsylvania Public School Empls Retrmt SYS Has $1.82 Million Stake in EPR Properties (NYSE:EPR)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in EPR Properties (NYSE:EPR - Free Report) by 38.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 41,067 shares of the real estate investment trust's stock after buying an additional 11,308 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned approximately 0.05% of EPR Properties worth $1,818,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of EPR. Charles Schwab Investment Management Inc. grew its position in shares of EPR Properties by 4.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,349,900 shares of the real estate investment trust's stock worth $66,199,000 after buying an additional 54,567 shares during the period. Empowered Funds LLC bought a new position in EPR Properties during the 4th quarter worth approximately $352,000. JPMorgan Chase & Co. grew its holdings in EPR Properties by 35.7% during the third quarter. JPMorgan Chase & Co. now owns 673,117 shares of the real estate investment trust's stock valued at $33,010,000 after purchasing an additional 177,061 shares during the period. Kestra Private Wealth Services LLC grew its holdings in EPR Properties by 1.8% during the fourth quarter. Kestra Private Wealth Services LLC now owns 13,739 shares of the real estate investment trust's stock valued at $608,000 after purchasing an additional 249 shares during the period. Finally, Cyndeo Wealth Partners LLC increased its stake in EPR Properties by 5.9% in the fourth quarter. Cyndeo Wealth Partners LLC now owns 146,032 shares of the real estate investment trust's stock valued at $6,466,000 after purchasing an additional 8,102 shares in the last quarter. 74.66% of the stock is owned by institutional investors.

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Wall Street Analyst Weigh In

Several brokerages have issued reports on EPR. Truist Financial increased their price target on EPR Properties from $51.00 to $53.00 and gave the stock a "hold" rating in a report on Monday, March 24th. 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 note on Monday, March 10th. Stifel Nicolaus lifted their price target on shares of EPR Properties from $51.00 to $52.00 and gave the company a "hold" rating in a research note on Thursday, February 27th. Finally, 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 report on Thursday, March 6th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating, two have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, EPR Properties presently has an average rating of "Hold" and an average price target of $51.00.

EPR Properties Stock Up 0.7 %

EPR traded up $0.37 during trading hours on Friday, hitting $51.66. 492,178 shares of the company's stock were exchanged, compared to its average volume of 591,763. The stock has a market cap of $3.93 billion, a price-to-earnings 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 stock's 50-day moving average is $49.77 and its two-hundred day moving average is $47.40. 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 announced its quarterly earnings data on Wednesday, February 26th. The real estate investment trust reported $1.22 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.66 by $0.56. EPR Properties had a return on equity of 8.22% and a net margin of 28.87%. The company had revenue of $149.12 million for the quarter, compared to analysts' expectations of $161.25 million. Sell-side analysts predict that EPR Properties will post 4.65 earnings per share for the current fiscal year.

EPR Properties Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be paid a dividend of $0.295 per share. The ex-dividend date is Monday, March 31st. This is a positive change from EPR Properties's previous monthly dividend of $0.29. This represents a $3.54 annualized dividend and a dividend 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 stock in a transaction dated 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 directly owns 8,216 shares of the company's stock, valued at $443,828.32. This 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 can be accessed through this link. Also, CAO Tonya L. Mater sold 3,120 shares of EPR Properties 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 sale, the chief accounting officer now directly owns 46,827 shares of the company's stock, valued at $2,430,321.30. The trade was a 6.25 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 9,520 shares of company stock valued at $502,581. 2.13% of the stock is owned by company insiders.

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.