Proficio Capital Partners LLC Invests $1.03 Million in EPR Properties (NYSE:EPR)

Proficio Capital Partners LLC purchased a new position in shares of EPR Properties (NYSE:EPR - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 23,203 shares of the real estate investment trust's stock, valued at approximately $1,027,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Synergy Investment Management LLC bought a new stake in EPR Properties during the fourth quarter worth $27,000. Charles Schwab Investment Management Inc. lifted its stake in EPR Properties by 2.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,380,301 shares of the real estate investment trust's stock valued at $61,120,000 after purchasing an additional 30,401 shares during the last quarter. Metis Global Partners LLC grew its holdings in EPR Properties by 11.4% during the fourth quarter. Metis Global Partners LLC now owns 8,684 shares of the real estate investment trust's stock worth $385,000 after purchasing an additional 887 shares during the period. US Bancorp DE increased its position in EPR Properties by 44.2% during the fourth quarter. US Bancorp DE now owns 7,537 shares of the real estate investment trust's stock worth $334,000 after buying an additional 2,310 shares during the last quarter. Finally, QRG Capital Management Inc. raised its stake in EPR Properties by 3.1% in the fourth quarter. QRG Capital Management Inc. now owns 77,985 shares of the real estate investment trust's stock valued at $3,453,000 after buying an additional 2,372 shares during the period. 74.66% of the stock is owned by institutional investors.

EPR Properties Stock Down 1.8 %

Shares of EPR traded down $0.91 during trading hours on Tuesday, hitting $51.06. The stock had a trading volume of 945,983 shares, compared to its average volume of 560,764. The firm has a 50 day simple moving average of $49.35 and a 200-day simple moving average of $47.29. 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 current ratio of 7.81 and a quick ratio of 7.81. The firm has a market capitalization of $3.88 billion, a P/E ratio of 22.10 and a beta of 1.72.

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EPR Properties (NYSE:EPR - Get Free Report) last released its quarterly earnings data on Wednesday, February 26th. The real estate investment trust reported $1.22 EPS for the quarter, beating 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 firm had revenue of $149.12 million during the quarter, compared to the consensus estimate of $161.25 million. Sell-side analysts predict that EPR Properties will post 4.65 EPS for the current fiscal year.

EPR Properties Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be issued a dividend of $0.295 per share. This is a boost from EPR Properties's previous monthly dividend of $0.29. This represents a $3.54 dividend on an annualized basis and a dividend yield of 6.93%. The ex-dividend date is Monday, March 31st. EPR Properties's dividend payout ratio (DPR) is currently 221.25%.

Analysts Set New Price Targets

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

Insider Transactions at EPR Properties

In related news, SVP Gwendolyn Mary Johnson sold 3,900 shares of the business's stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $54.02, for a total transaction of $210,678.00. Following the transaction, the senior vice president now directly owns 8,216 shares in the company, valued at approximately $443,828.32. The trade was a 32.19 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Tonya L. Mater sold 3,120 shares of the company's 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 directly owns 46,827 shares of the company's stock, valued at $2,430,321.30. The trade was a 6.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 9,520 shares of company stock valued at $502,581 over the last three months. Corporate insiders own 2.13% of the company's stock.

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.