EPR Properties (NYSE:EPR) EVP Gregory E. Zimmerman Sells 7,500 Shares

EPR Properties (NYSE:EPR) EVP Gregory E. Zimmerman sold 7,500 shares of the company’s stock in a transaction dated Friday, August 1st. The shares were sold at an average price of $54.94, for a total transaction of $412,050.00. Following the sale, the executive vice president directly owned 96,377 shares of the company’s stock, valued at $5,294,952.38. The trade was a 7.22% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

EPR Properties Price Performance

NYSE:EPR opened at $54.94 on Friday. The business’s 50-day simple moving average is $57.51 and its two-hundred day simple moving average is $52.41. EPR Properties has a 52 week low of $41.75 and a 52 week high of $61.24. The stock has a market cap of $4.18 billion, a PE ratio of 27.06, a P/E/G ratio of 4.19 and a beta of 1.27. The company has a quick ratio of 8.28, a current ratio of 7.77 and a debt-to-equity ratio of 1.20.

EPR Properties (NYSE:EPR) last released its earnings results on Wednesday, July 30th. The real estate investment trust reported $1.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.25 by ($0.01). EPR Properties had a return on equity of 7.66% and a net margin of 25.28%. The business had revenue of $150.35 million for the quarter, compared to analysts’ expectations of $176.50 million. During the same quarter in the prior year, the business posted $1.22 EPS. The business’s revenue for the quarter was up 3.7% compared to the same quarter last year. As a group, analysts forecast that EPR Properties will post 4.65 EPS for the current fiscal year.

EPR Properties Announces Dividend

The business also recently announced a jul 25 dividend, which will be paid on Friday, August 15th. Investors of record on Thursday, July 31st will be given a dividend of $0.295 per share. The ex-dividend date is Thursday, July 31st. This represents a dividend yield of 590.0%. EPR Properties’s dividend payout ratio is currently 174.38%.

Wall Street Analysts Forecast Growth

EPR has been the subject of several recent research reports. Royal Bank Of Canada restated an “outperform” rating and set a $58.00 target price on shares of EPR Properties in a research report on Monday, May 19th. Truist Financial upped their price objective on EPR Properties from $53.00 to $55.00 and gave the stock a “hold” rating in a research note on Monday, May 19th. UBS Group raised their target price on EPR Properties from $56.00 to $62.00 and gave the stock a “neutral” rating in a report on Wednesday, July 16th. Wells Fargo & Company lifted their target price on EPR Properties from $52.00 to $53.00 and gave the company an “underweight” rating in a research report on Monday, June 2nd. Finally, Raymond James Financial reissued a “strong-buy” rating on shares of EPR Properties in a report on Friday, May 23rd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, EPR Properties has an average rating of “Moderate Buy” and an average price target of $57.36.

Hedge Funds Weigh In On EPR Properties

Hedge funds and other institutional investors have recently modified their holdings of the stock. Teacher Retirement System of Texas lifted its stake in EPR Properties by 16.5% in the 2nd quarter. Teacher Retirement System of Texas now owns 26,158 shares of the real estate investment trust’s stock worth $1,524,000 after purchasing an additional 3,712 shares in the last quarter. Convergence Investment Partners LLC bought a new stake in shares of EPR Properties in the second quarter worth about $1,251,000. Nisa Investment Advisors LLC lifted its position in shares of EPR Properties by 0.6% in the second quarter. Nisa Investment Advisors LLC now owns 168,430 shares of the real estate investment trust’s stock worth $9,856,000 after buying an additional 1,049 shares in the last quarter. Brighton Jones LLC bought a new position in EPR Properties during the second quarter valued at approximately $520,000. Finally, Focus Partners Advisor Solutions LLC grew its holdings in EPR Properties by 192.5% during the 2nd quarter. Focus Partners Advisor Solutions LLC now owns 13,266 shares of the real estate investment trust’s stock valued at $773,000 after buying an additional 8,730 shares in the last quarter. Institutional investors own 74.66% of the company’s stock.

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.