New Age Alpha Advisors LLC Invests $3.93 Million in EPR Properties (NYSE:EPR)

New Age Alpha Advisors LLC acquired a new position in shares of EPR Properties (NYSE:EPR - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 88,741 shares of the real estate investment trust's stock, valued at approximately $3,929,000. New Age Alpha Advisors LLC owned 0.12% of EPR Properties at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Norges Bank bought a new stake in EPR Properties during the 4th quarter valued at $41,148,000. JPMorgan Chase & Co. increased its holdings in shares of EPR Properties by 1.8% during the fourth quarter. JPMorgan Chase & Co. now owns 685,542 shares of the real estate investment trust's stock valued at $30,356,000 after purchasing an additional 12,425 shares during the period. Mitsubishi UFJ Trust & Banking Corp raised its stake in shares of EPR Properties by 13.5% during the fourth quarter. Mitsubishi UFJ Trust & Banking Corp now owns 151,931 shares of the real estate investment trust's stock valued at $6,728,000 after purchasing an additional 18,127 shares in the last quarter. Fox Run Management L.L.C. acquired a new stake in EPR Properties in the fourth quarter worth about $281,000. Finally, KLP Kapitalforvaltning AS bought a new position in EPR Properties in the 4th quarter valued at about $944,000. 74.66% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on EPR shares. Truist Financial upped their price target on shares of EPR Properties from $51.00 to $53.00 and gave the stock a "hold" rating in a research note on Monday, March 24th. Wells Fargo & Company upped their target price 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 increased their price target on EPR Properties from $50.00 to $58.00 and gave the company an "outperform" rating in a research note on Thursday, March 6th. Finally, Stifel Nicolaus boosted their price objective on EPR Properties from $51.00 to $52.00 and gave the stock a "hold" rating in a research note on Thursday, February 27th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $51.00.

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EPR Properties Price Performance

Shares of NYSE EPR traded down $0.55 during trading on Wednesday, hitting $51.79. The company had a trading volume of 166,959 shares, compared to its average volume of 592,080. EPR Properties has a 52 week low of $39.66 and a 52 week high of $54.25. The business's 50-day moving average is $49.98 and its 200 day moving average is $47.46. The company has a market cap of $3.94 billion, a P/E ratio of 22.42 and a beta of 1.72. 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 issued its earnings results on Wednesday, February 26th. The real estate investment trust reported $1.22 earnings per share (EPS) for the quarter, topping 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. Equities research analysts predict that EPR Properties will post 4.65 earnings per share for the current fiscal year.

EPR Properties Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be issued a $0.295 dividend. This represents a $3.54 annualized dividend and a dividend yield of 6.84%. This is a boost from EPR Properties's previous monthly dividend of $0.29. The ex-dividend date of this dividend is Monday, March 31st. EPR Properties's dividend payout ratio (DPR) is presently 221.25%.

Insiders Place Their Bets

In other news, SVP Gwendolyn Mary Johnson sold 3,900 shares of the stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $54.02, for a total value of $210,678.00. Following the completion of the sale, the senior vice president now owns 8,216 shares in the company, valued at $443,828.32. This represents a 32.19 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Tonya L. Mater sold 3,120 shares of the firm's stock in a transaction on Monday, March 17th. The stock was sold at an average price of $51.90, for a total value of $161,928.00. Following the completion of the sale, the chief accounting officer now directly 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 position. The disclosure for this sale can be found here. Insiders sold a total of 9,520 shares of company stock worth $502,581 over the last ninety days. 2.13% of the stock is currently owned by company insiders.

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.