Discovery Capital Management LLC CT Buys 30,000 Shares of EPR Properties (NYSE:EPR)

Discovery Capital Management LLC CT raised its position in shares of EPR Properties (NYSE:EPR - Free Report) by 36.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 112,618 shares of the real estate investment trust's stock after acquiring an additional 30,000 shares during the period. Discovery Capital Management LLC CT owned approximately 0.15% of EPR Properties worth $4,987,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Synergy Investment Management LLC acquired a new position in EPR Properties in the 4th quarter valued at $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 valued at $50,000 after purchasing an additional 302 shares in the last quarter. Principal Securities Inc. increased its stake in shares of EPR Properties by 54.5% in 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. acquired a new position in shares of EPR Properties during the 4th quarter worth $60,000. Finally, EverSource Wealth Advisors LLC boosted its stake in EPR Properties by 51.8% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,530 shares of the real estate investment trust's stock valued at $68,000 after buying an additional 522 shares in the last quarter. Institutional investors and hedge funds own 74.66% of the company's stock.

Insider Buying and Selling at EPR Properties

In related news, CAO Tonya L. Mater sold 3,120 shares of the company's stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $51.90, for a total value of $161,928.00. Following the sale, the chief accounting officer now owns 46,827 shares in the company, valued at $2,430,321.30. This represents a 6.25 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, 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 value of $210,678.00. Following the completion of the sale, the senior vice president now directly owns 8,216 shares of the company's stock, valued at $443,828.32. The trade was a 32.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 9,520 shares of company stock valued at $502,581. 2.13% of the stock is currently owned by company insiders.

EPR Properties Trading Down 4.1 %

Shares of NYSE EPR traded down $2.01 during midday trading on Friday, reaching $46.81. The stock had a trading volume of 2,000,364 shares, compared to its average volume of 601,663. The company's 50 day moving average price is $50.10 and its 200 day moving average price is $47.49. The company has a debt-to-equity ratio of 1.19, a quick ratio of 7.81 and a current ratio of 7.81. EPR Properties has a twelve month low of $39.66 and a twelve month high of $54.25. The firm has a market cap of $3.56 billion, a price-to-earnings ratio of 20.26 and a beta of 1.72.

EPR Properties (NYSE:EPR - Get Free Report) last issued its quarterly earnings results on Wednesday, February 26th. The real estate investment trust reported $1.22 EPS for the quarter, beating analysts' consensus estimates of $0.66 by $0.56. EPR Properties had a net margin of 28.87% and a return on equity of 8.22%. The business had revenue of $149.12 million for the quarter, compared to analysts' expectations of $161.25 million. As a group, sell-side analysts expect that EPR Properties will post 4.65 EPS for the current 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 a positive change from EPR Properties's previous monthly dividend of $0.29. This represents a $3.54 annualized dividend and a yield of 7.56%. EPR Properties's payout ratio is 221.25%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on EPR shares. Truist Financial lifted 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. Royal Bank of Canada lifted their price target on EPR Properties from $50.00 to $58.00 and gave the company an "outperform" rating in a research note on Thursday, March 6th. 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 report on Thursday, February 27th. Finally, Wells Fargo & Company lifted their target price on shares of EPR Properties from $45.00 to $52.00 and gave the stock an "underweight" rating in a research report on Monday, March 10th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $51.00.

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.