Resona Asset Management Co. Ltd. Acquires Shares of 30,012 EPR Properties (NYSE:EPR)

Resona Asset Management Co. Ltd. purchased a new stake in shares of EPR Properties (NYSE:EPR - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 30,012 shares of the real estate investment trust's stock, valued at approximately $1,319,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in EPR. Arete Wealth Advisors LLC purchased a new stake in EPR Properties in the 4th quarter worth approximately $307,000. Discovery Capital Management LLC CT increased its stake in shares of EPR Properties by 36.3% in the fourth quarter. Discovery Capital Management LLC CT now owns 112,618 shares of the real estate investment trust's stock worth $4,987,000 after purchasing an additional 30,000 shares in the last quarter. CIBC Private Wealth Group LLC increased its stake in shares of EPR Properties by 15.7% in the fourth quarter. CIBC Private Wealth Group LLC now owns 5,787 shares of the real estate investment trust's stock worth $260,000 after purchasing an additional 787 shares in the last quarter. Maridea Wealth Management LLC purchased a new position in shares of EPR Properties during the 4th quarter valued at $510,000. Finally, Brown Brothers Harriman & Co. bought a new position in EPR Properties in the 4th quarter worth $60,000. Hedge funds and other institutional investors own 74.66% of the company's stock.

Insider Activity at EPR Properties

In other EPR Properties news, CAO Tonya L. Mater sold 3,120 shares of the business'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 sale, 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Gwendolyn Mary Johnson sold 3,900 shares of EPR Properties stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $54.02, for a total value of $210,678.00. Following the sale, the senior vice president now directly owns 8,216 shares of the company's stock, valued at approximately $443,828.32. This represents a 32.19 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 9,520 shares of company stock valued at $502,581 in the last ninety days. Corporate insiders own 2.31% of the company's stock.

EPR Properties Stock Up 0.7 %

Shares of EPR Properties stock traded up $0.37 during trading on Wednesday, hitting $49.12. 54,401 shares of the stock traded hands, compared to its average volume of 784,554. EPR Properties has a 52-week low of $39.65 and a 52-week high of $54.25. The stock's fifty day simple moving average is $50.00 and its 200 day simple moving average is $47.33. The firm has a market cap of $3.74 billion, a P/E ratio of 21.27 and a beta of 1.30. 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 released its quarterly earnings data on Wednesday, February 26th. The real estate investment trust reported $1.22 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.66 by $0.56. EPR Properties had a net margin of 28.87% and a return on equity of 8.22%. The firm had revenue of $149.12 million for the quarter, compared to the consensus estimate of $161.25 million. On average, equities analysts predict that EPR Properties will post 4.65 earnings per share for the current fiscal year.

EPR Properties Dividend Announcement

The firm also recently disclosed a apr 25 dividend, which will be paid on Thursday, May 15th. Stockholders of record on Wednesday, April 30th will be given a $0.295 dividend. EPR Properties's payout ratio is 221.25%.

Wall Street Analysts Forecast Growth

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