Teacher Retirement System of Texas Purchases 10,248 Shares of EPR Properties (NYSE:EPR)

Teacher Retirement System of Texas boosted its stake in EPR Properties (NYSE:EPR - Free Report) by 42.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund 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.

Other hedge funds have also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. increased its stake in EPR Properties by 4.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,349,900 shares of the real estate investment trust's stock valued at $66,199,000 after purchasing an additional 54,567 shares in the last quarter. Cerity Partners LLC increased its position in shares of EPR Properties by 31.1% in the 3rd quarter. Cerity Partners LLC now owns 19,022 shares of the real estate investment trust's stock valued at $933,000 after buying an additional 4,507 shares in the last quarter. Quantbot Technologies LP acquired a new stake in EPR Properties during the 3rd quarter worth $1,071,000. Brooklyn Investment Group bought a new position in EPR Properties during the third quarter worth about $27,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in EPR Properties by 304.7% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 457,621 shares of the real estate investment trust's stock valued at $22,442,000 after acquiring an additional 344,544 shares during the period. Institutional investors and hedge funds own 74.66% of the company's stock.

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Analyst Ratings Changes

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

EPR Properties Stock Performance

Shares of EPR Properties stock traded down $0.21 during trading on Tuesday, reaching $52.40. The company's stock had a trading volume of 277,619 shares, compared to its average volume of 591,208. EPR Properties has a 52 week low of $39.66 and a 52 week high of $54.25. The firm has a market cap of $3.99 billion, a PE ratio of 22.66 and a beta of 1.72. The business's 50-day moving average price is $49.88 and its 200-day moving average price is $47.44. 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 announced its earnings results on Wednesday, February 26th. The real estate investment trust reported $1.22 EPS for the quarter, topping the consensus estimate of $0.66 by $0.56. The company had revenue of $149.12 million for the quarter, compared to analysts' expectations of $161.25 million. EPR Properties had a net margin of 28.87% and a return on equity of 8.22%. Equities analysts forecast that EPR Properties will post 4.65 earnings per share for the current year.

EPR Properties Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid a $0.295 dividend. This represents a $3.54 dividend on an annualized basis and a yield of 6.76%. 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 221.25%.

Insiders Place Their Bets

In related news, SVP Brian Andrew Moriarty sold 2,500 shares of the business's stock in a transaction on Monday, March 17th. The shares were sold at an average price of $51.99, for a total value of $129,975.00. Following the sale, the senior vice president now owns 15,299 shares of the company's stock, valued at $795,395.01. The trade was a 14.05 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CAO Tonya L. Mater sold 3,120 shares of the stock in a transaction on Monday, March 17th. The shares were 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 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 9,520 shares of company stock worth $502,581 over the last three months. Insiders own 2.13% of the company's stock.

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.