EPR Properties (NYSE:EPR) Stock Holdings Lifted by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of EPR Properties (NYSE:EPR - Free Report) by 40.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 42,285 shares of the real estate investment trust's stock after purchasing an additional 12,190 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank owned about 0.06% of EPR Properties worth $1,872,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. Brooklyn Investment Group acquired a new position in EPR Properties in the third quarter valued at $27,000. Synergy Investment Management LLC acquired a new position in EPR Properties in the fourth quarter valued at $27,000. GAMMA Investing LLC boosted its holdings 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 valued at $50,000 after acquiring an additional 302 shares during the last quarter. Principal Securities Inc. boosted its holdings in EPR Properties by 54.5% in the fourth quarter. Principal Securities Inc. now owns 1,296 shares of the real estate investment trust's stock valued at $57,000 after acquiring an additional 457 shares during the last quarter. Finally, Venturi Wealth Management LLC boosted its holdings in EPR Properties by 43.6% in the fourth quarter. Venturi Wealth Management LLC now owns 2,117 shares of the real estate investment trust's stock valued at $94,000 after acquiring an additional 643 shares during the last quarter. Institutional investors and hedge funds own 74.66% of the company's stock.

Wall Street Analyst Weigh In

EPR has been the topic of a number of research analyst reports. 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 report on Monday, March 10th. Stifel Nicolaus boosted their price objective on EPR Properties from $51.00 to $52.00 and gave the stock a "hold" rating in a research note on Thursday, February 27th. Royal Bank of Canada boosted their price objective on EPR Properties from $50.00 to $58.00 and gave the stock an "outperform" rating in a research note on Thursday, March 6th. Finally, Truist Financial boosted their price objective on EPR Properties from $46.00 to $51.00 and gave the stock a "hold" rating in a research note on Tuesday. Two analysts have rated the stock with a sell rating, five have assigned a hold rating, two have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, EPR Properties has a consensus rating of "Hold" and an average target price of $50.75.

Remove Ads

Insider Activity at EPR Properties

In other EPR Properties news, CAO Tonya L. Mater sold 3,120 shares of the company's stock in a transaction that occurred on Monday, March 17th. The stock was 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 directly owns 46,827 shares in the company, valued at $2,430,321.30. This represents a 6.25 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Brian Andrew Moriarty sold 2,500 shares of the company'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 completion of the transaction, the senior vice president now directly owns 15,299 shares in the company, valued at $795,395.01. This represents a 14.05 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 9,520 shares of company stock valued at $502,581 over the last three months. 2.13% of the stock is owned by insiders.

EPR Properties Stock Down 0.5 %

Shares of NYSE EPR traded down $0.26 during midday trading on Friday, reaching $51.35. 1,117,231 shares of the company's stock were exchanged, compared to its average volume of 561,115. EPR Properties has a 52-week low of $39.66 and a 52-week high of $54.25. The stock has a market capitalization of $3.91 billion, a PE ratio of 22.23 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 business's fifty day moving average price is $49.07 and its two-hundred day moving average price is $47.24.

EPR Properties (NYSE:EPR - Get Free Report) last announced its quarterly earnings data on Wednesday, February 26th. The real estate investment trust reported $1.22 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.56. The firm had revenue of $149.12 million during the quarter, compared to analyst estimates of $161.25 million. EPR Properties had a return on equity of 8.22% and a net margin of 28.87%. Analysts forecast that EPR Properties will post 4.65 EPS 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 issued a $0.295 dividend. This is a positive change from EPR Properties's previous monthly dividend of $0.29. This represents a $3.54 annualized dividend and a yield of 6.89%. The ex-dividend date of this dividend is Monday, March 31st. EPR Properties's payout ratio is currently 221.25%.

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.