Insider Selling: EPR Properties (NYSE:EPR) EVP Sells 7,500 Shares of Stock

by · The Cerbat Gem

EPR Properties (NYSE:EPR – Get Free Report) EVP Gregory Zimmerman sold 7,500 shares of the firm’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $53.89, for a total value of $404,175.00. Following the completion of the transaction, the executive vice president owned 66,294 shares in the company, valued at $3,572,583.66. The trade was a 10.16% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

EPR Properties Price Performance

EPR traded down $0.66 on Monday, reaching $53.58. 633,148 shares of the company’s stock were exchanged, compared to its average volume of 831,853. EPR Properties has a twelve month low of $41.75 and a twelve month high of $61.24. The stock has a market cap of $4.08 billion, a PE ratio of 23.40, a P/E/G ratio of 3.21 and a beta of 0.99. The company has a debt-to-equity ratio of 1.19, a current ratio of 7.21 and a quick ratio of 7.21. The stock’s fifty day moving average price is $51.91 and its 200-day moving average price is $53.54.

EPR Properties Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, February 17th. Investors of record on Friday, January 30th will be given a dividend of $0.295 per share. The ex-dividend date is Friday, January 30th. This represents a c) dividend on an annualized basis and a yield of 6.6%. EPR Properties’s dividend payout ratio (DPR) is presently 154.59%.

Analyst Ratings Changes

A number of equities analysts have commented on EPR shares. JPMorgan Chase & Co. reduced their target price on shares of EPR Properties from $65.00 to $58.00 and set an “overweight” rating on the stock in a research note on Tuesday, December 2nd. Royal Bank Of Canada reiterated a “sector perform” rating and set a $58.00 price target on shares of EPR Properties in a report on Friday. Truist Financial raised their price objective on EPR Properties from $55.00 to $57.00 and gave the stock a “hold” rating in a research report on Tuesday, November 18th. Wells Fargo & Company reduced their price objective on shares of EPR Properties from $56.00 to $54.00 and set an “equal weight” rating on the stock in a report on Tuesday, November 25th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of EPR Properties in a research report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $58.36.

View Our Latest Stock Analysis on EPR Properties

Hedge Funds Weigh In On EPR Properties

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. QRG Capital Management Inc. raised its holdings in EPR Properties by 11.6% in the fourth quarter. QRG Capital Management Inc. now owns 31,634 shares of the real estate investment trust’s stock valued at $1,579,000 after acquiring an additional 3,294 shares in the last quarter. Truist Financial Corp raised its stake in EPR Properties by 34.2% in the fourth quarter. Truist Financial Corp now owns 6,956 shares of the real estate investment trust’s stock valued at $347,000 after buying an additional 1,773 shares in the last quarter. Strs Ohio increased its holdings in shares of EPR Properties by 953.1% in the 4th quarter. Strs Ohio now owns 18,787 shares of the real estate investment trust’s stock valued at $937,000 after acquiring an additional 17,003 shares during the last quarter. Horizon Investments LLC purchased a new stake in EPR Properties during the fourth quarter worth approximately $712,000. Finally, Interchange Capital Partners LLC purchased a new stake in EPR Properties during the fourth quarter worth approximately $679,000. Hedge funds and other institutional investors own 74.66% of the company’s stock.

About EPR Properties

(Get Free Report)

EPR Properties is a real estate investment trust that specializes in experiential properties across the United States, Canada and select international markets. Established in 1997 and headquartered in Kansas City, Missouri, the company targets properties in the entertainment, recreation and education sectors. Its portfolio includes movie theaters, ski resorts, family entertainment centers, charter schools and other venues that benefit from consumer-driven experiences.

The trust employs long-term, triple-net lease agreements, where tenants are responsible for real estate taxes, insurance and maintenance.

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