Greenland Capital Management LP Increases Position in EPR Properties (NYSE:EPR)

Greenland Capital Management LP raised its position in EPR Properties (NYSE:EPR - Free Report) by 40.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 25,295 shares of the real estate investment trust's stock after buying an additional 7,295 shares during the period. Greenland Capital Management LP's holdings in EPR Properties were worth $1,120,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of the company. FIL Ltd increased its position in shares of EPR Properties by 38.9% during the fourth quarter. FIL Ltd now owns 2,484 shares of the real estate investment trust's stock valued at $110,000 after acquiring an additional 696 shares during the last quarter. Bank of Montreal Can grew its stake in EPR Properties by 10.1% in the 4th quarter. Bank of Montreal Can now owns 12,666 shares of the real estate investment trust's stock valued at $561,000 after purchasing an additional 1,163 shares during the period. Cerity Partners LLC increased its position in shares of EPR Properties by 9.0% during the 4th quarter. Cerity Partners LLC now owns 20,729 shares of the real estate investment trust's stock valued at $951,000 after purchasing an additional 1,707 shares during the last quarter. Federated Hermes Inc. raised its stake in shares of EPR Properties by 1.5% during the 4th quarter. Federated Hermes Inc. now owns 91,157 shares of the real estate investment trust's stock worth $4,036,000 after purchasing an additional 1,316 shares during the period. Finally, Russell Investments Group Ltd. boosted its holdings in shares of EPR Properties by 27.3% in the 4th quarter. Russell Investments Group Ltd. now owns 171,857 shares of the real estate investment trust's stock worth $7,610,000 after buying an additional 36,902 shares during the last quarter. Institutional investors own 74.66% of the company's stock.

Insider Activity at EPR Properties

In other EPR Properties news, SVP Brian Andrew Moriarty sold 2,500 shares of the company's stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $51.99, for a total value of $129,975.00. Following the transaction, the senior vice president now directly owns 15,299 shares in the company, valued at $795,395.01. This represents a 14.05 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Tonya L. Mater sold 3,120 shares of EPR Properties 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 of the company's stock, valued at approximately $2,430,321.30. This trade represents a 6.25 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 9,520 shares of company stock valued at $502,581. Corporate insiders own 2.13% of the company's stock.

Wall Street Analysts Forecast Growth

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

EPR Properties Stock Performance

Shares of NYSE:EPR traded up $0.95 during trading on Friday, hitting $47.18. 1,040,131 shares of the company were exchanged, compared to its average volume of 615,602. EPR Properties has a 52-week low of $39.66 and a 52-week high of $54.25. The stock has a 50 day moving average of $49.96 and a 200 day moving average of $47.32. The company has a debt-to-equity ratio of 1.19, a current ratio of 7.81 and a quick ratio of 7.81. The company has a market cap of $3.59 billion, a PE ratio of 20.42 and a beta of 1.30.

EPR Properties (NYSE:EPR - Get Free Report) last issued 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. The business 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 predict that EPR Properties will post 4.65 EPS for the current 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 given 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 7.50%. The ex-dividend date of this dividend is Monday, March 31st. EPR Properties's dividend payout ratio (DPR) is 221.25%.

EPR Properties Company 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.