KLP Kapitalforvaltning AS Buys New Shares in EPR Properties (NYSE:EPR)

KLP Kapitalforvaltning AS bought a new position in EPR Properties (NYSE:EPR - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 21,200 shares of the real estate investment trust's stock, valued at approximately $944,000.

Several other large investors have also added to or reduced their stakes in the business. Synergy Investment Management LLC purchased a new position in EPR Properties during the 4th quarter worth $27,000. GAMMA Investing LLC boosted its holdings in EPR Properties by 36.6% during the fourth quarter. GAMMA Investing LLC now owns 1,127 shares of the real estate investment trust's stock worth $50,000 after purchasing an additional 302 shares during the last quarter. Principal Securities Inc. grew its position in EPR Properties by 54.5% in the 4th quarter. Principal Securities Inc. now owns 1,296 shares of the real estate investment trust's stock worth $57,000 after purchasing an additional 457 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in EPR Properties by 51.8% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,530 shares of the real estate investment trust's stock worth $68,000 after purchasing an additional 522 shares in the last quarter. Finally, Venturi Wealth Management LLC lifted its position in shares of EPR Properties by 43.6% during the 4th quarter. Venturi Wealth Management LLC now owns 2,117 shares of the real estate investment trust's stock worth $94,000 after buying an additional 643 shares in the last quarter. Institutional investors own 74.66% of the company's stock.

EPR Properties Stock Performance

EPR traded down $2.01 during trading hours on Friday, hitting $46.81. The stock had a trading volume of 2,000,364 shares, compared to its average volume of 601,441. EPR Properties has a 1 year low of $39.66 and a 1 year high of $54.25. The company's fifty day simple moving average is $50.10 and its 200 day simple moving average is $47.48. The stock has a market cap of $3.56 billion, a PE ratio of 20.26 and a beta of 1.72. The company has a quick ratio of 7.81, a current 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 (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.56. The company had revenue of $149.12 million for the quarter, compared to analyst estimates of $161.25 million. EPR Properties had a net margin of 28.87% and a return on equity of 8.22%. Equities analysts anticipate 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. Shareholders of record on Monday, March 31st will be paid a $0.295 dividend. The ex-dividend date is Monday, March 31st. This represents a $3.54 annualized dividend and a yield of 7.56%. This is an increase from EPR Properties's previous monthly dividend of $0.29. EPR Properties's dividend payout ratio (DPR) is currently 221.25%.

Insider Activity

In other news, CAO Tonya L. Mater sold 3,120 shares of EPR Properties stock in a transaction dated Monday, March 17th. The stock was 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 in the company, valued at approximately $2,430,321.30. This trade represents a 6.25 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 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 transaction of $129,975.00. Following the completion of the transaction, the senior vice president now owns 15,299 shares in the company, valued at approximately $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. Insiders have sold a total of 9,520 shares of company stock worth $502,581 over the last ninety days. Company insiders own 2.13% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on EPR. Stifel Nicolaus upped their target price on EPR Properties from $51.00 to $52.00 and gave the company a "hold" rating in a report on Thursday, February 27th. Royal Bank of Canada boosted their price objective on EPR Properties from $50.00 to $58.00 and gave the stock an "outperform" rating in a research report on Thursday, March 6th. Truist Financial raised their target price on EPR Properties from $51.00 to $53.00 and gave the company a "hold" rating in a research report on Monday, March 24th. Finally, Wells Fargo & Company boosted their price target on shares of EPR Properties from $45.00 to $52.00 and gave the stock an "underweight" rating in a report on Monday, March 10th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating, two have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $51.00.

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.