Invesco Ltd. Reduces Holdings in EPR Properties (NYSE:EPR)

Invesco Ltd. decreased its stake in shares of EPR Properties (NYSE:EPR - Free Report) by 41.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 614,958 shares of the real estate investment trust's stock after selling 439,397 shares during the period. Invesco Ltd. owned 0.81% of EPR Properties worth $27,230,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Wealthfront Advisers LLC acquired a new position in EPR Properties during the 4th quarter worth approximately $302,313,000. Norges Bank bought a new stake in EPR Properties during the 4th quarter worth $41,148,000. American Century Companies Inc. increased its holdings in EPR Properties by 44.6% in the 4th 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. Raymond James Financial Inc. acquired a new stake in shares of EPR Properties during the fourth quarter valued at about $13,145,000. Finally, JPMorgan Chase & Co. grew its holdings in shares of EPR Properties by 35.7% during the third quarter. JPMorgan Chase & Co. now owns 673,117 shares of the real estate investment trust's stock worth $33,010,000 after purchasing an additional 177,061 shares during the last quarter. Institutional investors own 74.66% of the company's stock.

EPR Properties Trading Down 0.3 %

Shares of EPR traded down $0.15 during mid-day trading on Thursday, reaching $49.14. The company's stock had a trading volume of 87,267 shares, compared to its average volume of 609,387. The stock has a market cap of $3.74 billion, a PE ratio of 21.26 and a beta of 1.30. The company's fifty day moving average price is $50.15 and its two-hundred day moving average price is $47.38. EPR Properties has a 52 week low of $39.87 and a 52 week high of $54.25. 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 earnings results on Wednesday, February 26th. The real estate investment trust reported $1.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.56. EPR Properties had a net margin of 28.87% and a return on equity of 8.22%. The business had revenue of $149.12 million for the quarter, compared to analysts' expectations of $161.25 million. On average, analysts predict that EPR Properties will post 4.65 earnings per share for the current fiscal year.

EPR Properties Dividend Announcement

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

Insider Buying and Selling

In other news, CAO Tonya L. Mater sold 3,120 shares of the business's stock in a transaction on Monday, March 17th. The shares were sold at an average price of $51.90, for a total value of $161,928.00. Following the transaction, the chief accounting officer now owns 46,827 shares of the company's stock, valued at approximately $2,430,321.30. The trade was a 6.25 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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 value 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 ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 9,520 shares of company stock valued at $502,581. 2.31% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

EPR has been the subject of a number of analyst reports. Wells Fargo & Company raised their price objective on EPR Properties from $45.00 to $52.00 and gave the stock an "underweight" rating in a research report on Monday, March 10th. Royal Bank of Canada lifted their target price on EPR Properties from $50.00 to $58.00 and gave the stock an "outperform" rating in a report on Thursday, March 6th. Stifel Nicolaus raised their price target 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. Finally, Truist Financial increased their price target on EPR Properties from $51.00 to $53.00 and gave the stock a "hold" rating in a report on Monday, March 24th. 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 given a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $51.00.

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.