UBS Group Forecasts Strong Price Appreciation for EPR Properties (NYSE:EPR) Stock

EPR Properties (NYSE:EPR) had its price target hoisted by analysts at UBS Group from $56.00 to $62.00 in a research report issued on Wednesday,Benzinga reports. The brokerage currently has a “neutral” rating on the real estate investment trust’s stock. UBS Group’s price target would suggest a potential upside of 4.38% from the stock’s current price.

Several other research firms also recently issued reports on EPR. Wall Street Zen upgraded EPR Properties from a “hold” rating to a “buy” rating in a research report on Monday, May 12th. Wells Fargo & Company raised their price objective on EPR Properties from $52.00 to $53.00 and gave the company an “underweight” rating in a research note on Monday, June 2nd. Raymond James Financial reaffirmed a “strong-buy” rating on shares of EPR Properties in a research note on Friday, May 23rd. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $58.00 price objective on shares of EPR Properties in a research note on Monday, May 19th. Finally, Stifel Nicolaus upgraded shares of EPR Properties from a “hold” rating to a “buy” rating and increased their target price for the stock from $52.00 to $65.00 in a report on Friday, June 20th. 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 issued a strong buy rating to the company’s stock. Based on data from MarketBeat, EPR Properties has an average rating of “Moderate Buy” and an average target price of $57.29.

EPR Properties Stock Down 1.3%

Shares of NYSE:EPR opened at $59.40 on Wednesday. The firm has a market cap of $4.52 billion, a P/E ratio of 36.44, a P/E/G ratio of 4.58 and a beta of 1.27. The company has a quick ratio of 8.28, a current ratio of 8.28 and a debt-to-equity ratio of 1.20. EPR Properties has a 12-month low of $41.75 and a 12-month high of $61.24. The business has a fifty day simple moving average of $56.43 and a 200 day simple moving average of $51.35.

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

Insider Buying and Selling

In related news, EVP Gregory E. Zimmerman sold 7,500 shares of the company’s stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $58.37, for a total transaction of $437,775.00. Following the transaction, the executive vice president directly owned 103,877 shares in the company, valued at approximately $6,063,300.49. This represents a 6.73% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 2.31% of the company’s stock.

Institutional Investors Weigh In On EPR Properties

Several large investors have recently added to or reduced their stakes in EPR. Maridea Wealth Management LLC boosted its stake in shares of EPR Properties by 1.7% during the second quarter. Maridea Wealth Management LLC now owns 11,711 shares of the real estate investment trust’s stock valued at $682,000 after purchasing an additional 196 shares in the last quarter. Public Employees Retirement System of Ohio lifted its position in EPR Properties by 1.5% during the second quarter. Public Employees Retirement System of Ohio now owns 132,703 shares of the real estate investment trust’s stock valued at $7,731,000 after acquiring an additional 1,960 shares during the last quarter. Family Wealth Partners LLC lifted its position in EPR Properties by 83.1% during the second quarter. Family Wealth Partners LLC now owns 7,475 shares of the real estate investment trust’s stock valued at $436,000 after acquiring an additional 3,392 shares during the last quarter. Lewis Asset Management LLC purchased a new position in shares of EPR Properties in the second quarter worth $220,000. Finally, Sound Stewardship LLC raised its holdings in shares of EPR Properties by 94.1% in the second quarter. Sound Stewardship LLC now owns 10,922 shares of the real estate investment trust’s stock worth $636,000 after buying an additional 5,296 shares during the last quarter. 74.66% of the stock is owned by hedge funds and other institutional investors.

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.