Mutual of America Capital Management LLC Sells 1,027 Shares of EPR Properties (NYSE:EPR)

Mutual of America Capital Management LLC lowered its stake in shares of EPR Properties (NYSE:EPR) by 2.6% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 38,976 shares of the real estate investment trust’s stock after selling 1,027 shares during the quarter. Mutual of America Capital Management LLC owned approximately 0.05% of EPR Properties worth $2,051,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in EPR. Cerity Partners LLC lifted its holdings in EPR Properties by 6.6% during the first quarter. Cerity Partners LLC now owns 22,089 shares of the real estate investment trust’s stock valued at $1,162,000 after purchasing an additional 1,360 shares during the last quarter. Allworth Financial LP increased its position in shares of EPR Properties by 53.0% during the first quarter. Allworth Financial LP now owns 1,135 shares of the real estate investment trust’s stock valued at $55,000 after buying an additional 393 shares during the period. Nisa Investment Advisors LLC increased its position in shares of EPR Properties by 259.0% during the first quarter. Nisa Investment Advisors LLC now owns 167,381 shares of the real estate investment trust’s stock valued at $8,827,000 after buying an additional 120,755 shares during the period. M&T Bank Corp increased its position in shares of 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 valued at $758,000 after buying an additional 2,389 shares during the period. Finally, Crossmark Global Holdings Inc. increased its position in shares of 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 buying an additional 986 shares during the period. Institutional investors own 74.66% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. Truist Financial upped their price objective on shares of EPR Properties from $53.00 to $55.00 and gave the stock a “hold” rating in a research report on Monday, May 19th. UBS Group lifted their price target on shares of EPR Properties from $56.00 to $62.00 and gave the stock a “neutral” rating in a research note on Wednesday. Stifel Nicolaus raised shares of EPR Properties from a “hold” rating to a “buy” rating and lifted their price target for the stock from $52.00 to $65.00 in a research note on Friday, June 20th. Royal Bank Of Canada reissued an “outperform” rating and set a $58.00 price target on shares of EPR Properties in a research note on Monday, May 19th. Finally, Wall Street Zen raised shares of EPR Properties from a “hold” rating to a “buy” rating in a research note on Monday, May 12th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, four have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, EPR Properties presently has a consensus rating of “Moderate Buy” and a consensus target price of $57.29.

EPR Properties Stock Performance

Shares of EPR Properties stock opened at $58.65 on Friday. EPR Properties has a 12 month low of $41.75 and a 12 month high of $61.24. The company has a current ratio of 8.28, a quick ratio of 8.28 and a debt-to-equity ratio of 1.20. The business has a fifty day simple moving average of $56.70 and a two-hundred day simple moving average of $51.56. The firm has a market capitalization of $4.46 billion, a P/E ratio of 35.98, a P/E/G ratio of 4.47 and a beta of 1.27.

EPR Properties (NYSE:EPR) last released its quarterly earnings data on Wednesday, May 7th. The real estate investment trust reported $1.21 EPS for the quarter, topping the consensus estimate of $1.16 by $0.05. The company 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%. EPR Properties’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same period last year, the company earned $1.12 EPS. On average, equities analysts forecast that EPR Properties will post 4.65 earnings per share for the current fiscal year.

EPR Properties Dividend Announcement

The firm also recently declared a jul 25 dividend, which will be paid on Friday, August 15th. Investors of record on Thursday, July 31st will be issued a $0.295 dividend. The ex-dividend date is Thursday, July 31st. This represents a yield of 5.9%. EPR Properties’s dividend payout ratio is presently 217.18%.

Insider Buying and Selling

In other news, EVP Gregory E. Zimmerman sold 7,500 shares of the company’s stock in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $58.37, for a total transaction of $437,775.00. Following the sale, the executive vice president directly owned 103,877 shares of the company’s stock, valued at $6,063,300.49. This represents a 6.73% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 2.31% of the company’s stock.

EPR Properties Company 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.