10,848 Shares in EPR Properties (NYSE:EPR) Bought by Jackson Square Capital LLC

Jackson Square Capital LLC acquired a new stake in shares of EPR Properties (NYSE:EPR) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 10,848 shares of the real estate investment trust’s stock, valued at approximately $571,000.

A number of other hedge funds have also recently modified their holdings of EPR. Synergy Investment Management LLC bought a new position in EPR Properties during the 4th quarter valued at about $27,000. Principal Securities Inc. boosted its position in shares of EPR Properties by 54.5% during the 4th 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. Brown Brothers Harriman & Co. bought a new position in shares of EPR Properties during the 4th quarter valued at approximately $60,000. GF Fund Management CO. LTD. bought a new stake in EPR Properties in the fourth quarter worth $61,000. Finally, EverSource Wealth Advisors LLC lifted its position in EPR Properties by 51.8% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,530 shares of the real estate investment trust’s stock worth $68,000 after buying an additional 522 shares during the last quarter. Institutional investors own 74.66% of the company’s stock.

Wall Street Analysts Forecast Growth

EPR has been the topic of a number of recent analyst reports. UBS Group increased their target price on EPR Properties from $52.00 to $56.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 13th. Royal Bank of Canada reissued an “outperform” rating and issued a $58.00 price target on shares of EPR Properties in a report on Monday, May 19th. Wall Street Zen raised EPR Properties from a “hold” rating to a “buy” rating in a research report on Monday, May 12th. Raymond James reiterated a “strong-buy” rating on shares of EPR Properties in a research report on Friday, May 23rd. Finally, Truist Financial boosted their price target on EPR Properties from $53.00 to $55.00 and gave the stock a “hold” rating in a research report on Monday, May 19th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, EPR Properties currently has a consensus rating of “Hold” and a consensus price target of $54.57.

EPR Properties Stock Down 1.6%

EPR stock opened at $56.54 on Friday. 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 firm has a market cap of $4.30 billion, a PE ratio of 24.48 and a beta of 1.27. The firm’s 50 day moving average price is $51.62 and its 200-day moving average price is $49.06. EPR Properties has a one year low of $40.04 and a one year high of $57.72.

EPR Properties (NYSE:EPR) last announced its quarterly earnings data on Wednesday, May 7th. The real estate investment trust reported $1.21 earnings per share for the quarter, beating analysts’ consensus estimates of $1.16 by $0.05. EPR Properties had a net margin of 28.87% and a return on equity of 8.22%. The firm had revenue of $146.36 million during the quarter, compared to analysts’ expectations of $155.46 million. During the same quarter in the previous year, the business posted $1.12 earnings per share. The business’s quarterly revenue was up 4.7% compared to the same quarter last year. On average, equities research analysts anticipate that EPR Properties will post 4.65 EPS for the current year.

EPR Properties Dividend Announcement

The firm also recently declared a jun 25 dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th will be issued a dividend of $0.295 per share. This represents a yield of 6.3%. The ex-dividend date is Monday, June 30th. EPR Properties’s dividend payout ratio (DPR) is 217.18%.

Insider Buying and Selling at EPR Properties

In related news, SVP Brian Andrew Moriarty sold 2,500 shares of the stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $51.99, for a total transaction of $129,975.00. Following the completion of the transaction, the senior vice president now directly owns 15,299 shares of the company’s stock, valued at $795,395.01. This represents a 14.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CAO Tonya L. Mater sold 3,120 shares of the firm’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 value of $161,928.00. Following the completion of the sale, the chief accounting officer now directly owns 46,827 shares of the company’s stock, valued at $2,430,321.30. This represents a 6.25% decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.31% of the stock is currently owned by insiders.

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.