Waterloo Capital L.P. Cuts Stock Position in EPR Properties (NYSE:EPR)

Waterloo Capital L.P. trimmed its position in EPR Properties (NYSE:EPR) by 5.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,251 shares of the real estate investment trust’s stock after selling 803 shares during the period. Waterloo Capital L.P.’s holdings in EPR Properties were worth $631,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Russell Investments Group Ltd. lifted its stake in shares of EPR Properties by 27.3% in the 4th quarter. Russell Investments Group Ltd. now owns 171,857 shares of the real estate investment trust’s stock worth $7,610,000 after acquiring an additional 36,902 shares during the period. Wedbush Securities Inc. purchased a new position in EPR Properties during the fourth quarter worth about $511,000. Grantham Mayo Van Otterloo & Co. LLC raised its holdings in EPR Properties by 34.0% during the fourth quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 10,310 shares of the real estate investment trust’s stock worth $457,000 after purchasing an additional 2,616 shares in the last quarter. Resona Asset Management Co. Ltd. acquired a new stake in EPR Properties in the fourth quarter valued at about $1,319,000. Finally, Arete Wealth Advisors LLC purchased a new stake in EPR Properties in the 4th quarter valued at approximately $307,000. 74.66% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

EPR has been the subject of a number of analyst reports. Royal Bank of Canada increased their target price on EPR Properties from $50.00 to $58.00 and gave the stock an “outperform” rating in a research note on Thursday, March 6th. Stifel Nicolaus upped their price objective on EPR Properties from $51.00 to $52.00 and gave the stock a “hold” rating in a report on Thursday, February 27th. Truist Financial raised their target price on EPR Properties from $51.00 to $53.00 and gave the company a “hold” rating in a report on Monday, March 24th. Finally, Wells Fargo & Company upped their price target on shares of EPR Properties from $45.00 to $52.00 and gave the stock an “underweight” rating in a research note on Monday, March 10th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating, two have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $51.00.

EPR Properties Trading Down 4.1 %

Shares of EPR stock opened at $46.81 on Monday. The stock has a market cap of $3.56 billion, a P/E ratio of 20.26 and a beta of 1.30. The company has a quick ratio of 7.81, a current ratio of 7.81 and a debt-to-equity ratio of 1.19. EPR Properties has a fifty-two week low of $39.66 and a fifty-two week high of $54.25. The business has a fifty day simple moving average of $50.10 and a 200-day simple moving average of $47.47.

EPR Properties (NYSE:EPR) last posted its earnings results on Wednesday, February 26th. The real estate investment trust reported $1.22 earnings per share for the quarter, beating 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 the consensus estimate of $161.25 million. On average, analysts forecast that EPR Properties will post 4.65 earnings per share for the current fiscal year.

EPR Properties Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid a $0.295 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $3.54 dividend on an annualized basis and a yield of 7.56%. This is a positive change from EPR Properties’s previous monthly dividend of $0.29. EPR Properties’s dividend payout ratio is presently 221.25%.

Insider Buying and Selling at EPR Properties

In other news, SVP Gwendolyn Mary Johnson sold 3,900 shares of EPR Properties stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $54.02, for a total transaction of $210,678.00. Following the completion of the sale, the senior vice president now directly owns 8,216 shares in the company, valued at $443,828.32. The trade was a 32.19 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Brian Andrew Moriarty sold 2,500 shares of the business’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 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 approximately $795,395.01. This represents a 14.05 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 9,520 shares of company stock worth $502,581. 2.13% of the stock is 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.