Intech Investment Management LLC Acquires 24,373 Shares of EPR Properties (NYSE:EPR)

Intech Investment Management LLC lifted its position in EPR Properties (NYSE:EPR - Free Report) by 124.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 43,905 shares of the real estate investment trust's stock after buying an additional 24,373 shares during the quarter. Intech Investment Management LLC owned about 0.06% of EPR Properties worth $1,944,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of EPR. Charles Schwab Investment Management Inc. raised its holdings in EPR Properties by 4.2% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,349,900 shares of the real estate investment trust's stock worth $66,199,000 after acquiring an additional 54,567 shares during the period. Algert Global LLC increased its stake in shares of EPR Properties by 58.6% in the third quarter. Algert Global LLC now owns 140,626 shares of the real estate investment trust's stock worth $6,896,000 after purchasing an additional 51,980 shares during the period. Empowered Funds LLC acquired a new position in shares of EPR Properties during the 4th quarter worth about $352,000. JPMorgan Chase & Co. boosted its stake in EPR Properties by 35.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 673,117 shares of the real estate investment trust's stock valued at $33,010,000 after purchasing an additional 177,061 shares during the period. Finally, Kestra Private Wealth Services LLC boosted its stake in EPR Properties by 1.8% during the 4th quarter. Kestra Private Wealth Services LLC now owns 13,739 shares of the real estate investment trust's stock valued at $608,000 after purchasing an additional 249 shares during the period. 74.66% of the stock is owned by institutional investors.

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Insider Activity at EPR Properties

In other news, CAO Tonya L. Mater sold 3,120 shares of the firm's stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $51.90, for a total transaction of $161,928.00. Following the completion of 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Brian Andrew Moriarty sold 2,500 shares of EPR Properties stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $51.99, for a total transaction of $129,975.00. Following the completion of the transaction, the senior vice president now owns 15,299 shares of the company's stock, valued at $795,395.01. This trade represents a 14.05 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 9,520 shares of company stock valued at $502,581 in the last 90 days. 2.13% of the stock is owned by corporate insiders.

Analyst Ratings Changes

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

EPR Properties Price Performance

Shares of EPR stock traded down $0.91 during mid-day trading on Tuesday, reaching $51.06. The company's stock had a trading volume of 946,059 shares, compared to its average volume of 560,764. The firm's 50-day moving average is $49.35 and its two-hundred day moving average is $47.29. The company has a market cap of $3.88 billion, a P/E ratio of 22.10 and a beta of 1.72. EPR Properties has a 1-year low of $39.66 and a 1-year high of $54.25. 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, beating 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 net margin of 28.87% and a return on equity of 8.22%. On average, 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. Investors of record on Monday, March 31st will be given a dividend of $0.295 per share. This represents a $3.54 annualized dividend and a dividend yield of 6.93%. The ex-dividend date of this dividend is Monday, March 31st. This is an increase from EPR Properties's previous monthly dividend of $0.29. EPR Properties's dividend payout ratio (DPR) is 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.