EPR Properties (NYSE:EPR) Shares Acquired by Teacher Retirement System of Texas

Teacher Retirement System of Texas raised its position in EPR Properties (NYSE:EPR - Free Report) by 42.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 34,442 shares of the real estate investment trust's stock after purchasing an additional 10,248 shares during the quarter. Teacher Retirement System of Texas' holdings in EPR Properties were worth $1,525,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in EPR. Brooklyn Investment Group purchased a new stake in shares of EPR Properties in the third quarter worth approximately $27,000. Synergy Investment Management LLC bought a new position in EPR Properties in the 4th quarter valued at $27,000. GAMMA Investing LLC increased its stake in EPR Properties by 36.6% in 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 period. Principal Securities Inc. lifted its position in shares of EPR Properties by 54.5% during the fourth 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 during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its position in shares of EPR Properties by 51.8% during the fourth 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 during the last quarter. Institutional investors own 74.66% of the company's stock.

EPR Properties Stock Down 1.6 %

EPR traded down $0.83 on Wednesday, hitting $51.51. The company had a trading volume of 766,725 shares, compared to its average volume of 593,901. The stock has a market capitalization of $3.92 billion, a price-to-earnings ratio of 22.30 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. The stock has a fifty day moving average price of $50.08 and a 200-day moving average price of $47.49. EPR Properties has a 12-month low of $39.66 and a 12-month high of $54.25.

EPR Properties (NYSE:EPR - Get Free Report) last issued its quarterly earnings data 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 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. Analysts predict that EPR Properties will post 4.65 EPS for the current fiscal year.

EPR Properties Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be given a dividend of $0.295 per share. The ex-dividend date is Monday, March 31st. This is an increase 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 6.87%. EPR Properties's dividend payout ratio is presently 221.25%.

Insider Activity

In other news, SVP Brian Andrew Moriarty sold 2,500 shares of the company's stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $51.99, for a total transaction of $129,975.00. Following the transaction, the senior vice president now owns 15,299 shares in the company, valued at $795,395.01. This represents a 14.05 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Gwendolyn Mary Johnson sold 3,900 shares of EPR Properties stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $54.02, for a total transaction of $210,678.00. Following the completion of the sale, the senior vice president now owns 8,216 shares of the company's stock, valued at $443,828.32. This trade represents a 32.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 9,520 shares of company stock worth $502,581. Insiders own 2.13% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Truist Financial raised 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. Royal Bank of Canada lifted 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. Stifel Nicolaus boosted their price target on EPR Properties from $51.00 to $52.00 and gave the company a "hold" rating in a report on Thursday, February 27th. Finally, Wells Fargo & Company lifted their target price on EPR Properties from $45.00 to $52.00 and gave the company an "underweight" rating in a research report on Monday, March 10th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average 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.