BNP Paribas Financial Markets Purchases 1,044 Shares of EPR Properties (NYSE:EPR)

BNP Paribas Financial Markets lifted its holdings in EPR Properties (NYSE:EPR) by 14.1% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,431 shares of the real estate investment trust’s stock after buying an additional 1,044 shares during the period. BNP Paribas Financial Markets’ holdings in EPR Properties were worth $373,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of EPR. Empowered Funds LLC purchased a new position in EPR Properties in the fourth quarter worth $352,000. Charles Schwab Investment Management Inc. boosted its holdings in shares of EPR Properties by 2.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,380,301 shares of the real estate investment trust’s stock worth $61,120,000 after buying an additional 30,401 shares during the last quarter. Kestra Private Wealth Services LLC boosted its holdings in shares of EPR Properties by 1.8% in the 4th 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 last quarter. JPMorgan Chase & Co. grew its position in EPR Properties by 1.8% during the fourth quarter. JPMorgan Chase & Co. now owns 685,542 shares of the real estate investment trust’s stock valued at $30,356,000 after buying an additional 12,425 shares during the period. Finally, Raymond James Financial Inc. purchased a new stake in EPR Properties during the fourth quarter worth about $13,145,000. 74.66% of the stock is owned by institutional investors.

Insider Transactions at EPR Properties

In other news, SVP Brian Andrew Moriarty sold 2,500 shares of the company’s 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 of the company’s stock, valued at approximately $795,395.01. This represents a 14.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CAO Tonya L. Mater sold 3,120 shares of EPR Properties stock in a transaction on Monday, March 17th. The shares were sold at an average price of $51.90, for a total value of $161,928.00. Following the sale, the chief accounting officer now directly owns 46,827 shares of the company’s stock, valued at $2,430,321.30. This represents a 6.25% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 9,520 shares of company stock valued at $502,581. 2.31% of the stock is currently owned by corporate insiders.

EPR Properties Stock Up 0.8%

EPR opened at $52.78 on Monday. EPR Properties has a 12 month low of $39.87 and a 12 month high of $54.25. The company has a market cap of $4.02 billion, a PE ratio of 22.85 and a beta of 1.26. 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 company has a 50 day moving average of $50.17 and a 200 day moving average of $48.04.

EPR Properties (NYSE:EPR) last posted its earnings results on Wednesday, May 7th. The real estate investment trust reported $1.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.16 by $0.05. EPR Properties had a return on equity of 8.22% and a net margin of 28.87%. The firm had revenue of $146.36 million for the quarter, compared to the consensus estimate of $155.46 million. During the same quarter in the prior year, the business posted $1.12 earnings per share. The business’s quarterly revenue was up 4.7% on a year-over-year basis. On average, sell-side analysts expect that EPR Properties will post 4.65 EPS for the current year.

EPR Properties Dividend Announcement

The business also recently declared a may 25 dividend, which will be paid on Monday, June 16th. Stockholders of record on Friday, May 30th will be given a dividend of $0.295 per share. This represents a dividend yield of 6.6%. The ex-dividend date of this dividend is Friday, May 30th. EPR Properties’s dividend payout ratio is presently 217.18%.

Wall Street Analysts Forecast Growth

EPR has been the topic of a number of research analyst reports. Raymond James boosted their target price on shares of EPR Properties from $54.00 to $57.00 and gave the company a “strong-buy” rating in a research note on Friday. Wall Street Zen raised shares of EPR Properties from a “hold” rating to a “buy” rating in a report on Monday, May 12th. Truist Financial increased their price objective on EPR Properties from $53.00 to $55.00 and gave the company a “hold” rating in a report on Monday, May 19th. Wells Fargo & Company raised their target price on EPR Properties from $45.00 to $52.00 and gave the stock an “underweight” rating in a research report on Monday, March 10th. Finally, Stifel Nicolaus upped their price target on EPR Properties from $51.00 to $52.00 and gave the company a “hold” rating in a research report on Thursday, February 27th. One research analyst has rated the stock with a sell rating, four have issued a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, EPR Properties has a consensus rating of “Hold” and an average target price of $54.43.

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.