Sterling Capital Management LLC Sells 6,023 Shares of EPR Properties (NYSE:EPR)

Sterling Capital Management LLC reduced its position in shares of EPR Properties (NYSE:EPR - Free Report) by 20.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 23,381 shares of the real estate investment trust's stock after selling 6,023 shares during the quarter. Sterling Capital Management LLC's holdings in EPR Properties were worth $1,035,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of EPR. Treasurer of the State of North Carolina increased its position in EPR Properties by 0.6% during the fourth quarter. Treasurer of the State of North Carolina now owns 32,851 shares of the real estate investment trust's stock valued at $1,455,000 after acquiring an additional 210 shares during the last quarter. LSV Asset Management raised its position in EPR Properties by 12.3% in the fourth quarter. LSV Asset Management now owns 1,129,098 shares of the real estate investment trust's stock worth $49,996,000 after acquiring an additional 123,400 shares during the period. Greenland Capital Management LP boosted its stake in shares of EPR Properties by 40.5% during the 4th quarter. Greenland Capital Management LP now owns 25,295 shares of the real estate investment trust's stock worth $1,120,000 after acquiring an additional 7,295 shares during the last quarter. FIL Ltd grew its position in shares of EPR Properties by 38.9% during the 4th 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 period. Finally, Bank of Montreal Can increased its stake in shares of 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 worth $561,000 after purchasing an additional 1,163 shares in the last quarter. 74.66% of the stock is owned by hedge funds and other institutional investors.

EPR Properties Price Performance

Shares of EPR Properties stock traded up $0.73 during trading on Friday, reaching $49.23. 495,351 shares of the stock traded hands, compared to its average volume of 613,862. EPR Properties has a 52-week low of $39.87 and a 52-week high of $54.25. 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 business has a fifty day simple moving average of $50.05 and a two-hundred day simple moving average of $47.34. The company has a market capitalization of $3.74 billion, a price-to-earnings ratio of 21.31 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 the consensus estimate 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. Sell-side analysts expect that EPR Properties will post 4.65 EPS for the current year.

EPR Properties Announces Dividend

The firm also recently announced a apr 25 dividend, which will be paid on Thursday, May 15th. Stockholders of record on Wednesday, April 30th will be given a dividend of $0.295 per share. This represents a dividend yield of 7.3%. The ex-dividend date is Wednesday, April 30th. EPR Properties's dividend payout ratio is 221.25%.

Insider Buying and Selling

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 transaction of $161,928.00. Following the transaction, the chief accounting officer now directly owns 46,827 shares in the company, valued at approximately $2,430,321.30. This represents a 6.25 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Brian Andrew Moriarty sold 2,500 shares of the stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $51.99, for a total transaction of $129,975.00. Following the completion of 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 ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 9,520 shares of company stock worth $502,581. Corporate insiders own 2.31% of the company's stock.

Analyst Ratings Changes

EPR has been the subject of a number of recent research reports. Truist Financial boosted their price objective on EPR Properties from $51.00 to $53.00 and gave the company a "hold" rating in a research note on Monday, March 24th. Royal Bank of Canada upped their price target 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. Wells Fargo & Company raised their price objective on shares of EPR Properties from $45.00 to $52.00 and gave the company an "underweight" rating in a research report on Monday, March 10th. Finally, Stifel Nicolaus upped their target price on shares of EPR Properties from $51.00 to $52.00 and gave the stock a "hold" rating in a report on Thursday, February 27th. Two investment analysts have rated the stock with a sell rating, five have issued 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, the stock currently has an average rating of "Hold" and an average target price of $51.00.

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.