Discovery Capital Management LLC CT Increases Stock Position in EPR Properties (NYSE:EPR)

Discovery Capital Management LLC CT increased its position in EPR Properties (NYSE:EPR - Free Report) by 36.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 112,618 shares of the real estate investment trust's stock after purchasing 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 hedge funds have also bought and sold shares of EPR. Cerity Partners LLC grew its holdings in shares of EPR Properties by 31.1% during the third quarter. Cerity Partners LLC now owns 19,022 shares of the real estate investment trust's stock valued at $933,000 after buying an additional 4,507 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in EPR Properties by 304.7% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 457,621 shares of the real estate investment trust's stock worth $22,442,000 after purchasing an additional 344,544 shares in the last quarter. Captrust Financial Advisors increased its holdings in EPR Properties by 9.8% during the 3rd quarter. Captrust Financial Advisors now owns 5,379 shares of the real estate investment trust's stock worth $264,000 after purchasing an additional 480 shares in the last quarter. Erste Asset Management GmbH purchased a new stake in shares of EPR Properties in the third quarter worth approximately $442,000. Finally, Quantinno Capital Management LP lifted its holdings in shares of EPR Properties by 28.4% in the third quarter. Quantinno Capital Management LP now owns 126,026 shares of the real estate investment trust's stock valued at $6,180,000 after purchasing an additional 27,856 shares in the last quarter. Institutional investors and hedge funds own 74.66% of the company's stock.

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Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. Truist Financial upped their target price on shares of EPR Properties from $51.00 to $53.00 and gave the stock a "hold" rating in a research note on Monday, March 24th. Wells Fargo & Company upped their price objective 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. Stifel Nicolaus lifted their target price on shares of EPR Properties from $51.00 to $52.00 and gave the stock a "hold" rating in a research report on Thursday, February 27th. Finally, Royal Bank of Canada upped their target price on EPR Properties from $50.00 to $58.00 and gave the company an "outperform" rating in a report on Thursday, March 6th. Two research analysts have rated the stock with a sell rating, five have given a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $51.00.

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 completion of the transaction, the senior vice president now directly 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Brian Andrew Moriarty sold 2,500 shares of the company's stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $51.99, for a total transaction of $129,975.00. Following the sale, the senior vice president now directly owns 15,299 shares in the company, valued at $795,395.01. This trade represents a 14.05 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 9,520 shares of company stock worth $502,581. 2.13% of the stock is owned by corporate insiders.

EPR Properties Stock Performance

NYSE:EPR traded down $2.01 during trading hours on Friday, reaching $46.81. The stock had a trading volume of 1,998,983 shares, compared to its average volume of 603,930. EPR Properties has a 12-month low of $39.66 and a 12-month high of $54.25. The stock has a 50 day simple moving average of $50.12 and a 200 day simple moving average of $47.50. The stock has a market cap of $3.56 billion, a P/E ratio of 20.26 and a beta of 1.72. 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 (NYSE:EPR - Get Free Report) last posted 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 firm had revenue of $149.12 million during the quarter, compared to the consensus estimate of $161.25 million. EPR Properties had a net margin of 28.87% and a return on equity of 8.22%. On average, research analysts forecast that EPR Properties will post 4.65 EPS for the current fiscal year.

EPR Properties Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be issued a $0.295 dividend. This is a positive change 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 7.56%. The ex-dividend date is Monday, March 31st. EPR Properties's dividend payout ratio (DPR) is presently 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.