TT Capital Management LLC Invests $1.05 Million in EPR Properties (NYSE:EPR)

TT Capital Management LLC bought a new stake in shares of EPR Properties (NYSE:EPR - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 23,125 shares of the real estate investment trust's stock, valued at approximately $1,053,000. EPR Properties accounts for about 0.8% of TT Capital Management LLC's portfolio, making the stock its 24th biggest holding.

A number of other large investors have also recently made changes to their positions in the stock. Wealthfront Advisers LLC bought a new position in EPR Properties in the 4th quarter valued at $302,313,000. Geode Capital Management LLC increased its stake in EPR Properties by 0.5% in the 3rd quarter. Geode Capital Management LLC now owns 1,425,119 shares of the real estate investment trust's stock worth $69,904,000 after acquiring an additional 7,429 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of EPR Properties by 2.3% during 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 acquiring an additional 30,401 shares during the last quarter. Bank of New York Mellon Corp increased its position in shares of EPR Properties by 5.6% in the fourth quarter. Bank of New York Mellon Corp now owns 1,145,267 shares of the real estate investment trust's stock worth $50,712,000 after purchasing an additional 60,953 shares during the last quarter. Finally, LSV Asset Management raised its stake in EPR Properties by 12.3% in the fourth quarter. LSV Asset Management now owns 1,129,098 shares of the real estate investment trust's stock valued at $49,996,000 after purchasing an additional 123,400 shares in the last quarter. 74.66% of the stock is owned by institutional investors.

EPR Properties Stock Up 1.5 %

Shares of EPR stock traded up $0.73 during mid-day trading on Friday, reaching $49.23. 495,351 shares of the company's stock traded hands, compared to its average volume of 613,718. The company has a quick ratio of 7.81, a current ratio of 7.81 and a debt-to-equity ratio of 1.19. The company's 50-day moving average price is $50.05 and its 200-day moving average price is $47.34. The company has a market cap of $3.74 billion, a P/E ratio of 21.31 and a beta of 1.30. EPR Properties has a 12 month low of $39.87 and a 12 month high of $54.25.

EPR Properties (NYSE:EPR - Get Free Report) last announced its earnings results on Wednesday, February 26th. The real estate investment trust reported $1.22 earnings per share for the quarter, beating analysts' consensus estimates of $0.66 by $0.56. The business had revenue of $149.12 million during the quarter, compared to the consensus estimate of $161.25 million. EPR Properties had a net margin of 28.87% and a return on equity of 8.22%. On average, equities analysts expect that EPR Properties will post 4.65 earnings per share for the current fiscal year.

EPR Properties Announces Dividend

The company also recently disclosed a apr 25 dividend, which will be paid on Thursday, May 15th. Investors of record on Wednesday, April 30th will be given a dividend of $0.295 per share. This represents a yield of 7.3%. The ex-dividend date is Wednesday, April 30th. EPR Properties's dividend payout ratio (DPR) is 221.25%.

Analysts Set New Price Targets

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

Insiders Place Their Bets

In related 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 completion of the sale, the chief accounting officer now directly owns 46,827 shares in the company, valued at approximately $2,430,321.30. The trade was a 6.25 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Gwendolyn Mary Johnson sold 3,900 shares of EPR Properties stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $54.02, for a total value of $210,678.00. Following the transaction, the senior vice president now owns 8,216 shares in the company, 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. Over the last ninety days, insiders sold 9,520 shares of company stock valued at $502,581. Insiders own 2.31% 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.