GAMMA Investing LLC Grows Position in EPR Properties (NYSE:EPR)

GAMMA Investing LLC increased its position in shares of EPR Properties (NYSE:EPR) by 66.0% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,871 shares of the real estate investment trust’s stock after buying an additional 744 shares during the quarter. GAMMA Investing LLC’s holdings in EPR Properties were worth $98,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Wealthfront Advisers LLC purchased a new position in EPR Properties during the 4th quarter worth approximately $302,313,000. Charles Schwab Investment Management Inc. lifted its position in EPR Properties by 2.3% during 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 acquiring an additional 30,401 shares during the period. LSV Asset Management lifted its position in EPR Properties by 12.3% during the 4th quarter. LSV Asset Management now owns 1,129,098 shares of the real estate investment trust’s stock worth $49,996,000 after acquiring an additional 123,400 shares during the period. American Century Companies Inc. lifted its position in EPR Properties by 44.6% during the 4th quarter. American Century Companies Inc. now owns 1,085,947 shares of the real estate investment trust’s stock worth $48,086,000 after acquiring an additional 334,943 shares during the period. Finally, Norges Bank acquired a new stake in EPR Properties during the 4th quarter worth approximately $41,148,000. Hedge funds and other institutional investors own 74.66% of the company’s stock.

Insider Activity at EPR Properties

In other EPR Properties news, EVP Gregory E. Zimmerman sold 7,500 shares of the business’s stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $58.37, for a total transaction of $437,775.00. Following the completion of the sale, the executive vice president owned 103,877 shares of the company’s stock, valued at approximately $6,063,300.49. The trade was a 6.73% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.31% of the stock is currently owned by corporate insiders.

EPR Properties Stock Performance

EPR Properties stock opened at $59.47 on Monday. The company has a debt-to-equity ratio of 1.20, a quick ratio of 8.28 and a current ratio of 8.28. The stock has a fifty day moving average of $54.86 and a two-hundred day moving average of $50.52. The company has a market capitalization of $4.52 billion, a price-to-earnings ratio of 36.48, a PEG ratio of 4.53 and a beta of 1.27. EPR Properties has a fifty-two week low of $41.38 and a fifty-two week high of $59.60.

EPR Properties (NYSE:EPR) last announced its quarterly earnings data on Wednesday, May 7th. The real estate investment trust reported $1.21 EPS for the quarter, beating analysts’ consensus estimates of $1.16 by $0.05. The business had revenue of $146.36 million during the quarter, compared to the consensus estimate of $155.46 million. EPR Properties had a return on equity of 6.30% and a net margin of 21.13%. The business’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.12 earnings per share. On average, analysts anticipate that EPR Properties will post 4.65 EPS for the current fiscal year.

EPR Properties Announces Dividend

The firm also recently disclosed a jun 25 dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th will be given a $0.295 dividend. This represents a dividend yield of 6.3%. The ex-dividend date of this dividend is Monday, June 30th. EPR Properties’s dividend payout ratio is currently 217.18%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on EPR shares. Stifel Nicolaus raised EPR Properties from a “hold” rating to a “buy” rating and raised their price target for the company from $52.00 to $65.00 in a report on Friday, June 20th. Royal Bank Of Canada reissued an “outperform” rating and issued a $58.00 price target on shares of EPR Properties in a report on Monday, May 19th. Truist Financial lifted their price objective on EPR Properties from $53.00 to $55.00 and gave the stock a “hold” rating in a report on Monday, May 19th. UBS Group lifted their price objective on EPR Properties from $52.00 to $56.00 and gave the stock a “neutral” rating in a report on Tuesday, May 13th. Finally, Wells Fargo & Company lifted their price objective on EPR Properties from $52.00 to $53.00 and gave the stock an “underweight” rating in a report on Monday, June 2nd. One analyst has rated the stock with a sell rating, three have given a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, EPR Properties currently has a consensus rating of “Moderate Buy” and an average target price of $56.43.

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.