Choreo LLC Boosts Stock Position in EPR Properties (NYSE:EPR)

Choreo LLC grew its holdings in EPR Properties (NYSE:EPR) by 22.4% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,076 shares of the real estate investment trust’s stock after buying an additional 1,112 shares during the quarter. Choreo LLC’s holdings in EPR Properties were worth $321,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in EPR. Treasurer of the State of North Carolina boosted its stake in shares of EPR Properties by 0.6% in the fourth quarter. Treasurer of the State of North Carolina now owns 32,851 shares of the real estate investment trust’s stock worth $1,455,000 after acquiring an additional 210 shares during the last quarter. Spire Wealth Management boosted its stake in shares of EPR Properties by 11.5% in the first quarter. Spire Wealth Management now owns 2,339 shares of the real estate investment trust’s stock worth $123,000 after acquiring an additional 242 shares during the last quarter. Teamwork Financial Advisors LLC boosted its stake in shares of EPR Properties by 2.8% in the first quarter. Teamwork Financial Advisors LLC now owns 10,984 shares of the real estate investment trust’s stock worth $578,000 after acquiring an additional 295 shares during the last quarter. Allworth Financial LP boosted its stake in shares of EPR Properties by 53.0% in the first quarter. Allworth Financial LP now owns 1,135 shares of the real estate investment trust’s stock worth $55,000 after acquiring an additional 393 shares during the last quarter. Finally, Atlantic Edge Private Wealth Management LLC boosted its stake in shares of EPR Properties by 88.9% in the first 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 last quarter. 74.66% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at EPR Properties

In other news, EVP Gregory E. Zimmerman sold 7,500 shares of the company’s stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $58.37, for a total value of $437,775.00. Following the transaction, the executive vice president 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 document filed with the SEC, which is available at this hyperlink. 2.31% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of brokerages have recently issued reports on EPR. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $58.00 price target on shares of EPR Properties in a research note on Monday, May 19th. Wall Street Zen raised EPR Properties from a “hold” rating to a “buy” rating in a research note on Monday, May 12th. Wells Fargo & Company boosted their price objective on EPR Properties from $52.00 to $53.00 and gave the stock an “underweight” rating in a research note on Monday, June 2nd. Stifel Nicolaus raised EPR Properties from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $52.00 to $65.00 in a research note on Friday, June 20th. Finally, Raymond James Financial reissued a “strong-buy” rating on shares of EPR Properties in a research note on Friday, May 23rd. One investment analyst has rated the stock with a sell rating, three have given a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, EPR Properties currently has a consensus rating of “Moderate Buy” and a consensus price target of $57.29.

EPR Properties Stock Performance

Shares of EPR Properties stock opened at $56.99 on Wednesday. EPR Properties has a 52 week low of $41.75 and a 52 week high of $61.24. The business’s fifty day simple moving average is $57.33 and its 200-day simple moving average is $52.25. The firm has a market cap of $4.34 billion, a PE ratio of 34.96, a price-to-earnings-growth ratio of 4.31 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 (NYSE:EPR) last announced 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. EPR Properties had a return on equity of 6.30% and a net margin of 21.13%. The business had revenue of $146.36 million for the quarter, compared to analyst estimates of $155.46 million. During the same quarter in the prior year, the company posted $1.12 EPS. The company’s quarterly revenue was up 4.7% on a year-over-year basis. Equities analysts forecast that EPR Properties will post 4.65 earnings per share for the current year.

EPR Properties Announces Dividend

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

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.