Nomura Asset Management Co. Ltd. Buys 6,760 Shares of EPR Properties (NYSE:EPR)

Nomura Asset Management Co. Ltd. grew its position in EPR Properties (NYSE:EPR - Free Report) by 7.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 100,830 shares of the real estate investment trust's stock after buying an additional 6,760 shares during the period. Nomura Asset Management Co. Ltd. owned approximately 0.13% of EPR Properties worth $4,465,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Wealthfront Advisers LLC acquired a new stake in EPR Properties in the 4th quarter valued at approximately $302,313,000. Norges Bank bought a new position in shares of EPR Properties during the 4th quarter worth approximately $41,148,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of EPR Properties by 304.7% in the third 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 valued at $22,442,000 after purchasing an additional 344,544 shares during the last quarter. American Century Companies Inc. lifted its position in shares of EPR Properties by 44.6% in the fourth quarter. American Century Companies Inc. now owns 1,085,947 shares of the real estate investment trust's stock worth $48,086,000 after purchasing an additional 334,943 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in EPR Properties during the fourth quarter worth $13,145,000. Institutional investors own 74.66% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on EPR shares. 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. Truist Financial upped their target price 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 raised their price target on EPR Properties from $45.00 to $52.00 and gave the company an "underweight" rating in a research note on Monday, March 10th. Finally, Royal Bank of Canada boosted their price target on EPR Properties from $50.00 to $58.00 and gave the stock an "outperform" rating in a research report on Thursday, March 6th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, EPR Properties currently has an average rating of "Hold" and an average target price of $51.00.

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EPR Properties Stock Performance

NYSE:EPR traded down $2.01 on Friday, hitting $46.81. The company's stock had a trading volume of 2,000,364 shares, compared to its average volume of 603,932. EPR Properties has a one year low of $39.66 and a one year high of $54.25. The firm has a market capitalization of $3.56 billion, a P/E ratio of 20.26 and a beta of 1.72. The stock has a fifty day moving average of $50.12 and a two-hundred day moving average of $47.50. The company has a current ratio of 7.81, a quick ratio of 7.81 and a debt-to-equity ratio of 1.19.

EPR Properties (NYSE:EPR - Get Free Report) last posted its quarterly earnings results 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. EPR Properties had a return on equity of 8.22% and a net margin of 28.87%. The business had revenue of $149.12 million for the quarter, compared to analysts' expectations of $161.25 million. Research analysts predict that EPR Properties will post 4.65 earnings per share for the current year.

EPR Properties Increases Dividend

The business also recently announced 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. 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. This is a boost from EPR Properties's previous monthly dividend of $0.29. EPR Properties's dividend payout ratio (DPR) is currently 221.25%.

Insider Buying and Selling

In related news, SVP Gwendolyn Mary Johnson sold 3,900 shares of EPR Properties stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $54.02, for a total transaction 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 approximately $443,828.32. This trade represents a 32.19 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Brian Andrew Moriarty sold 2,500 shares of the company's stock in a transaction on Monday, March 17th. The shares were sold at an average price of $51.99, for a total value of $129,975.00. Following the completion of the transaction, the senior vice president now directly owns 15,299 shares in the company, valued at approximately $795,395.01. This represents a 14.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 9,520 shares of company stock valued at $502,581. Company 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.