Allworth Financial LP Has $55,000 Position in EPR Properties (NYSE:EPR)

Allworth Financial LP increased its holdings in shares of EPR Properties (NYSE:EPR) by 53.0% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 1,135 shares of the real estate investment trust’s stock after purchasing an additional 393 shares during the period. Allworth Financial LP’s holdings in EPR Properties were worth $55,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Nisa Investment Advisors LLC grew its position in EPR Properties by 259.0% in the 1st quarter. Nisa Investment Advisors LLC now owns 167,381 shares of the real estate investment trust’s stock worth $8,827,000 after purchasing an additional 120,755 shares during the last quarter. M&T Bank Corp grew its position in EPR Properties by 19.9% during the first quarter. M&T Bank Corp now owns 14,408 shares of the real estate investment trust’s stock worth $758,000 after buying an additional 2,389 shares in the last quarter. Crossmark Global Holdings Inc. increased its stake in EPR Properties by 11.7% during the first quarter. Crossmark Global Holdings Inc. now owns 9,415 shares of the real estate investment trust’s stock valued at $495,000 after acquiring an additional 986 shares during the period. Penserra Capital Management LLC raised its holdings in EPR Properties by 21.0% in the 1st quarter. Penserra Capital Management LLC now owns 24,816 shares of the real estate investment trust’s stock valued at $1,305,000 after acquiring an additional 4,299 shares in the last quarter. Finally, Atlantic Edge Private Wealth Management LLC lifted its position in shares of EPR Properties by 88.9% in the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 850 shares of the real estate investment trust’s stock worth $45,000 after acquiring an additional 400 shares during the period. Institutional investors own 74.66% of the company’s stock.

EPR Properties Stock Performance

EPR Properties stock opened at $58.65 on Friday. The stock has a 50-day simple moving average of $56.58 and a 200 day simple moving average of $51.46. The stock has a market capitalization of $4.46 billion, a price-to-earnings ratio of 35.98, a P/E/G ratio of 4.52 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.

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

EPR Properties Dividend Announcement

The company also recently announced a jul 25 dividend, which will be paid on Friday, August 15th. Stockholders of record on Thursday, July 31st will be given a dividend of $0.295 per share. The ex-dividend date is Thursday, July 31st. This represents a dividend yield of 5.9%. EPR Properties’s payout ratio is currently 217.18%.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. UBS Group raised their target price on EPR Properties from $56.00 to $62.00 and gave the stock a “neutral” rating in a research report on Wednesday. Wells Fargo & Company increased their price target on shares of EPR Properties from $52.00 to $53.00 and gave the stock an “underweight” rating in a research report on Monday, June 2nd. Truist Financial lifted 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. Royal Bank Of Canada reissued an “outperform” rating and issued a $58.00 target price on shares of EPR Properties in a report on Monday, May 19th. Finally, Stifel Nicolaus raised EPR Properties from a “hold” rating to a “buy” rating and boosted their price target for the company from $52.00 to $65.00 in a research note on Friday, June 20th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, EPR Properties presently has an average rating of “Moderate Buy” and an average target price of $57.29.

Insider Activity

In related news, EVP Gregory E. Zimmerman sold 7,500 shares of EPR Properties stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $58.37, for a total value of $437,775.00. Following the completion of the sale, the executive vice president directly owned 103,877 shares in the company, valued at $6,063,300.49. This trade represents a 6.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.31% of the stock is owned by company insiders.

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.