Commonwealth of Pennsylvania Public School Empls Retrmt SYS Has $1.82 Million Holdings in EPR Properties (NYSE:EPR)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in EPR Properties (NYSE:EPR) by 38.0% in the fourth quarter, HoldingsChannel.com reports. The firm owned 41,067 shares of the real estate investment trust’s stock after acquiring an additional 11,308 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in EPR Properties were worth $1,818,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the business. Brooklyn Investment Group acquired a new position in shares of EPR Properties in the 3rd quarter valued at $27,000. Synergy Investment Management LLC acquired a new position in EPR Properties in the fourth quarter worth about $27,000. GAMMA Investing LLC boosted its holdings in EPR Properties by 36.6% during the fourth quarter. GAMMA Investing LLC now owns 1,127 shares of the real estate investment trust’s stock valued at $50,000 after purchasing an additional 302 shares in the last quarter. Principal Securities Inc. grew its stake in shares of EPR Properties by 54.5% in the 4th quarter. Principal Securities Inc. now owns 1,296 shares of the real estate investment trust’s stock valued at $57,000 after purchasing an additional 457 shares during the period. Finally, EverSource Wealth Advisors LLC grew its stake in shares of EPR Properties by 51.8% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,530 shares of the real estate investment trust’s stock valued at $68,000 after purchasing an additional 522 shares during the period. Institutional investors and hedge funds own 74.66% of the company’s stock.

EPR Properties Trading Down 1.8 %

EPR opened at $51.06 on Wednesday. EPR Properties has a 1-year low of $39.66 and a 1-year high of $54.25. The stock has a market capitalization of $3.88 billion, a PE ratio of 22.10 and a beta of 1.72. The company has a current ratio of 7.81, a quick ratio of 7.81 and a debt-to-equity ratio of 1.19. The firm has a 50-day moving average price of $49.46 and a two-hundred day moving average price of $47.32.

EPR Properties (NYSE:EPR) last posted its quarterly earnings data on Wednesday, February 26th. The real estate investment trust reported $1.22 earnings per share for the quarter, topping the consensus estimate of $0.66 by $0.56. EPR Properties had a net margin of 28.87% and a return on equity of 8.22%. The firm had revenue of $149.12 million during the quarter, compared to analysts’ expectations of $161.25 million. As a group, equities analysts anticipate that EPR Properties will post 4.65 earnings per share for the current fiscal year.

EPR Properties Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be issued a $0.295 dividend. This is a boost from EPR Properties’s previous monthly dividend of $0.29. The ex-dividend date of this dividend is Monday, March 31st. This represents a $3.54 annualized dividend and a yield of 6.93%. EPR Properties’s dividend payout ratio (DPR) is currently 221.25%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on EPR. Royal Bank of Canada raised their target price on EPR Properties from $50.00 to $58.00 and gave the stock an “outperform” rating in a research report on Thursday, March 6th. Stifel Nicolaus boosted their target price on shares of EPR Properties from $51.00 to $52.00 and gave the company a “hold” rating in a research note on Thursday, February 27th. Truist Financial upped their target price on shares of EPR Properties from $51.00 to $53.00 and gave the stock a “hold” rating in a report on Monday. Finally, Wells Fargo & Company lifted their price target on shares of EPR Properties from $45.00 to $52.00 and gave the company an “underweight” rating in a report on Monday, March 10th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $51.00.

Insider Buying and Selling

In other EPR Properties news, SVP Brian Andrew Moriarty sold 2,500 shares of the firm’s stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $51.99, for a total value of $129,975.00. Following the transaction, the senior vice president now directly owns 15,299 shares of the company’s stock, valued at approximately $795,395.01. This trade represents a 14.05 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Gwendolyn Mary Johnson sold 3,900 shares of the company’s stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $54.02, for a total transaction of $210,678.00. Following the sale, the senior vice president now owns 8,216 shares of the company’s stock, valued at $443,828.32. The trade was a 32.19 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 9,520 shares of company stock worth $502,581 over the last three months. 2.13% of the stock is currently owned by company 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.