Wealthfront Advisers LLC Makes New $302.31 Million Investment in EPR Properties (NYSE:EPR)

Wealthfront Advisers LLC purchased a new stake in EPR Properties (NYSE:EPR - Free Report) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 6,827,300 shares of the real estate investment trust's stock, valued at approximately $302,313,000. Wealthfront Advisers LLC owned about 9.02% of EPR Properties as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Global Retirement Partners LLC grew its position in EPR Properties by 5.9% in the 4th quarter. Global Retirement Partners LLC now owns 4,117 shares of the real estate investment trust's stock worth $182,000 after purchasing an additional 228 shares during the last quarter. Kestra Private Wealth Services LLC lifted its position in EPR Properties by 1.8% in the fourth quarter. Kestra Private Wealth Services LLC now owns 13,739 shares of the real estate investment trust's stock worth $608,000 after purchasing an additional 249 shares during the period. State of Alaska Department of Revenue lifted its holdings in shares of EPR Properties by 0.6% during the fourth quarter. State of Alaska Department of Revenue now owns 44,677 shares of the real estate investment trust's stock valued at $1,977,000 after acquiring an additional 251 shares during the period. GAMMA Investing LLC increased its stake in shares of 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 valued at $50,000 after buying an additional 302 shares in the last quarter. Finally, Highland Capital Management LLC increased its stake in shares of EPR Properties by 6.6% in the fourth quarter. Highland Capital Management LLC now owns 5,610 shares of the real estate investment trust's stock valued at $248,000 after buying an additional 349 shares in the last quarter. Institutional investors and hedge funds own 74.66% of the company's stock.

EPR Properties Trading Down 0.9 %

Shares of EPR stock opened at $52.70 on Tuesday. The stock's 50-day moving average price is $47.96 and its 200-day moving average price is $47.01. 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 has a 12-month low of $39.65 and a 12-month high of $54.25. The stock has a market capitalization of $4.01 billion, a price-to-earnings ratio of 22.81 and a beta of 1.72.

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EPR Properties (NYSE:EPR - Get Free Report) last issued its quarterly earnings results 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 return on equity of 8.22% and a net margin of 28.87%. The business had revenue of $149.12 million for the quarter, compared to the consensus estimate of $161.25 million. Equities research 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. Shareholders of record on Monday, March 31st will be issued a $0.295 dividend. This is an increase from EPR Properties's previous monthly dividend of $0.29. The ex-dividend date of this dividend is Monday, March 31st. This represents a $3.54 dividend on an annualized basis and a yield of 6.72%. EPR Properties's dividend payout ratio is presently 221.25%.

Analyst Ratings Changes

Several research firms have recently weighed in on EPR. Wells Fargo & Company lifted their price objective on EPR Properties from $45.00 to $52.00 and gave the company an "underweight" rating in a report on Monday. UBS Group started coverage on EPR Properties in a report on Thursday, November 14th. They set a "neutral" rating and a $48.00 target price on the stock. Royal Bank of Canada increased 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. Finally, Stifel Nicolaus raised 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. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating, two have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, EPR Properties presently has a consensus rating of "Hold" and a consensus price target of $50.13.

Insider Activity at EPR Properties

In other news, SVP Gwendolyn Mary Johnson sold 3,900 shares of the stock in a transaction that occurred 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 sale, the senior vice president now directly owns 8,216 shares in the company, valued at $443,828.32. This represents a 32.19 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 2.13% of the stock is owned by insiders.

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.

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