Northwestern Mutual Wealth Management Co. boosted its stake in EPR Properties (NYSE:EPR – Free Report) by 60,066.3% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 57,158 shares of the real estate investment trust’s stock after buying an additional 57,063 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in EPR Properties were worth $2,852,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also bought and sold shares of the company. Fourth Dimension Wealth LLC raised its position in EPR Properties by 66.7% in the 4th quarter. Fourth Dimension Wealth LLC now owns 500 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 200 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in EPR Properties in the 3rd quarter valued at $26,000. Atlantic Union Bankshares Corp purchased a new stake in EPR Properties in the 3rd quarter valued at $27,000. Strategic Advocates LLC purchased a new stake in EPR Properties in the 3rd quarter valued at $27,000. Finally, True Wealth Design LLC raised its position in EPR Properties by 48.2% in the 4th quarter. True Wealth Design LLC now owns 683 shares of the real estate investment trust’s stock valued at $34,000 after buying an additional 222 shares during the last quarter. 74.66% of the stock is owned by hedge funds and other institutional investors.
EPR Properties Trading Down 0.0%
Shares of EPR Properties stock opened at $58.61 on Tuesday. EPR Properties has a 1 year low of $48.10 and a 1 year high of $62.08. The firm has a market cap of $4.48 billion, a PE ratio of 18.15, a P/E/G ratio of 2.42 and a beta of 1.04. The stock has a fifty day moving average price of $54.90 and a 200-day moving average price of $54.05. The company has a debt-to-equity ratio of 1.27, a current ratio of 7.85 and a quick ratio of 7.85.
EPR Properties Dividend Announcement
The company also recently declared a monthly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be paid a dividend of $0.31 per share. The ex-dividend date is Friday, May 29th. This represents a c) annualized dividend and a dividend yield of 6.3%. EPR Properties’s dividend payout ratio is presently 115.17%.
Analyst Ratings Changes
A number of equities research analysts recently commented on EPR shares. Truist Financial increased their price target on EPR Properties from $60.00 to $62.00 and gave the company a “hold” rating in a research report on Friday, March 6th. Stifel Nicolaus set a $65.50 target price on EPR Properties in a research report on Thursday, March 5th. UBS Group raised their target price on EPR Properties from $54.00 to $58.00 and gave the company a “neutral” rating in a research report on Monday, March 9th. Royal Bank Of Canada raised their target price on EPR Properties from $58.00 to $59.00 and gave the company a “sector perform” rating in a research report on Friday, March 6th. Finally, Raymond James Financial lowered EPR Properties from a “strong-buy” rating to an “outperform” rating and decreased their target price for the company from $62.00 to $60.00 in a research report on Tuesday, March 17th. Four analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $59.50.
View Our Latest Analysis on EPR
Insider Transactions at EPR Properties
In other news, SVP Brian Andrew Moriarty sold 5,000 shares of the stock in a transaction on Monday, March 16th. The stock was sold at an average price of $56.44, for a total transaction of $282,200.00. Following the completion of the transaction, the senior vice president owned 13,704 shares in the company, valued at approximately $773,453.76. This represents a 26.73% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Lisa G. Trimberger sold 6,633 shares of the stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $57.83, for a total value of $383,586.39. Following the transaction, the director owned 6,586 shares of the company’s stock, valued at $380,868.38. The trade was a 50.18% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 19,233 shares of company stock worth $1,096,826. 0.03% of the stock is owned by company insiders.
EPR Properties Profile
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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