Bank of Montreal Can Grows Stake in EPR Properties (NYSE:EPR)

Bank of Montreal Can grew its holdings in shares of EPR Properties (NYSE:EPR) by 10.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 12,666 shares of the real estate investment trust’s stock after buying an additional 1,163 shares during the period. Bank of Montreal Can’s holdings in EPR Properties were worth $561,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in EPR. 1620 Investment Advisors Inc. lifted its position in shares of EPR Properties by 1.5% in the 4th quarter. 1620 Investment Advisors Inc. now owns 15,071 shares of the real estate investment trust’s stock worth $667,000 after purchasing an additional 219 shares during the period. Global Retirement Partners LLC lifted its holdings in EPR Properties by 5.9% in the fourth quarter. Global Retirement Partners LLC now owns 4,117 shares of the real estate investment trust’s stock worth $182,000 after buying an additional 228 shares during the period. Kestra Private Wealth Services LLC lifted its holdings in EPR Properties by 1.8% in the fourth quarter. Kestra Private Wealth Services LLC now owns 13,739 shares of the real estate investment trust’s stock worth $608,000 after buying an additional 249 shares during the period. State of Alaska Department of Revenue boosted its position in EPR Properties by 0.6% during the 4th quarter. State of Alaska Department of Revenue now owns 44,677 shares of the real estate investment trust’s stock valued at $1,977,000 after acquiring an additional 251 shares in the last quarter. Finally, GAMMA Investing LLC grew its holdings in shares of EPR Properties by 36.6% during the 4th quarter. GAMMA Investing LLC now owns 1,127 shares of the real estate investment trust’s stock worth $50,000 after acquiring an additional 302 shares during the period. Institutional investors own 74.66% of the company’s stock.

Insider Activity

In other news, CAO Tonya L. Mater sold 3,120 shares of the company’s stock in a transaction on Monday, March 17th. The stock was 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 in the company, valued at $2,430,321.30. This represents a 6.25 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, SVP Brian Andrew Moriarty sold 2,500 shares of EPR Properties stock in a transaction 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 owns 15,299 shares in the company, valued at $795,395.01. This trade represents a 14.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 9,520 shares of company stock valued at $502,581 over the last three months. Insiders own 2.31% of the company’s stock.

EPR Properties Stock Up 1.5 %

NYSE:EPR opened at $49.23 on Monday. The firm has a 50-day simple moving average of $50.08 and a two-hundred day simple moving average of $47.34. The firm has a market cap of $3.74 billion, a P/E ratio of 21.31 and a beta of 1.30. EPR Properties has a fifty-two week low of $39.87 and a fifty-two week high of $54.25. The company has a debt-to-equity ratio of 1.19, a quick ratio of 7.81 and a current ratio of 7.81.

EPR Properties (NYSE:EPR) last announced its quarterly 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. The company had revenue of $149.12 million during the quarter, compared to the consensus estimate of $161.25 million. EPR Properties had a net margin of 28.87% and a return on equity of 8.22%. Analysts predict that EPR Properties will post 4.65 earnings per share for the current fiscal year.

EPR Properties Dividend Announcement

The business also recently declared a apr 25 dividend, which will be paid on Thursday, May 15th. Stockholders of record on Wednesday, April 30th will be issued a dividend of $0.295 per share. This represents a dividend yield of 7.3%. The ex-dividend date of this dividend is Wednesday, April 30th. EPR Properties’s payout ratio is presently 221.25%.

Wall Street Analysts Forecast Growth

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

About EPR Properties

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.