EPR Properties (EPR) Sets New 1-Year Low After Insider Selling

EPR Properties (NYSE:EPR)’s share price hit a new 52-week low during trading on Wednesday after an insider sold shares in the company. The stock traded as low as $66.38 and last traded at $66.98, with a volume of 384500 shares changing hands. The stock had previously closed at $68.05.

Specifically, VP Tonya L. Mater sold 2,100 shares of EPR Properties stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of $68.09, for a total value of $142,989.00. Following the sale, the vice president now directly owns 28,929 shares in the company, valued at $1,969,775.61. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.50% of the stock is owned by company insiders.

A number of research firms have recently issued reports on EPR. B. Riley set a $80.00 price objective on shares of EPR Properties and gave the company a “hold” rating in a report on Wednesday, November 15th. Ladenburg Thalmann Financial Services reiterated a “buy” rating on shares of EPR Properties in a report on Monday, November 13th. Zacks Investment Research downgraded shares of EPR Properties from a “buy” rating to a “hold” rating in a report on Friday, November 10th. KeyCorp set a $80.00 target price on shares of EPR Properties and gave the stock a “buy” rating in a report on Sunday, October 29th. Finally, BidaskClub upgraded shares of EPR Properties from a “sell” rating to a “hold” rating in a report on Saturday, August 26th. Six analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $78.86.

The company has a market capitalization of $5,013.09, a price-to-earnings ratio of 13.75 and a beta of 0.57. The company has a quick ratio of 7.88, a current ratio of 7.88 and a debt-to-equity ratio of 1.03.

The company also recently announced a nov 17 dividend, which will be paid on Friday, December 15th. Investors of record on Thursday, November 30th will be issued a dividend of $0.34 per share. The ex-dividend date is Wednesday, November 29th. This represents a yield of 6.04%. EPR Properties’s payout ratio is 121.43%.

A number of institutional investors and hedge funds have recently modified their holdings of the stock. California Public Employees Retirement System increased its holdings in EPR Properties by 2.0% during the third quarter. California Public Employees Retirement System now owns 172,170 shares of the real estate investment trust’s stock worth $12,007,000 after buying an additional 3,344 shares during the last quarter. Janney Montgomery Scott LLC boosted its position in EPR Properties by 23.1% during the third quarter. Janney Montgomery Scott LLC now owns 11,594 shares of the real estate investment trust’s stock worth $809,000 after purchasing an additional 2,178 shares during the period. Vident Investment Advisory LLC bought a new position in EPR Properties during the third quarter worth $249,000. Cornerstone Capital Management Holdings LLC. boosted its position in EPR Properties by 17.2% during the third quarter. Cornerstone Capital Management Holdings LLC. now owns 35,818 shares of the real estate investment trust’s stock worth $2,497,000 after purchasing an additional 5,255 shares during the period. Finally, Oppenheimer Asset Management Inc. bought a new position in EPR Properties during the third quarter worth $440,000. Institutional investors and hedge funds own 88.79% of the company’s stock.

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About EPR Properties

EPR Properties is a specialty real estate investment trust. The Company’s investment portfolio includes primarily entertainment, education and recreation properties. The Company’s segments include Entertainment, Education, Recreation and Other. The Entertainment segment consists of investments in megaplex theatres, entertainment retail centers, family entertainment centers and other retail parcels.

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