Victory Capital Management Inc. Sells 204 Shares of EPR Properties (NYSE:EPR)

Victory Capital Management Inc. reduced its holdings in EPR Properties (NYSE:EPR) by 1.5% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 13,818 shares of the real estate investment trust’s stock after selling 204 shares during the quarter. Victory Capital Management Inc.’s holdings in EPR Properties were worth $727,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of EPR. Midwest Professional Planners LTD. increased its stake in shares of EPR Properties by 34.2% in the first quarter. Midwest Professional Planners LTD. now owns 32,956 shares of the real estate investment trust’s stock valued at $1,734,000 after buying an additional 8,404 shares during the period. OVERSEA CHINESE BANKING Corp Ltd acquired a new position in shares of EPR Properties in the 1st quarter worth approximately $4,825,000. Edgestream Partners L.P. acquired a new position in shares of EPR Properties in the 1st quarter worth approximately $2,467,000. CWM LLC boosted its stake in shares of EPR Properties by 71.7% in the 1st quarter. CWM LLC now owns 9,252 shares of the real estate investment trust’s stock valued at $487,000 after purchasing an additional 3,864 shares during the last quarter. Finally, Cerity Partners LLC increased its position in shares of 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 worth $1,162,000 after buying an additional 1,360 shares during the period. Institutional investors own 74.66% of the company’s stock.

EPR Properties Stock Down 0.2%

EPR stock opened at $54.94 on Friday. The stock’s 50 day simple moving average is $57.51 and its 200 day simple moving average is $52.41. The company has a market cap of $4.18 billion, a P/E ratio of 27.06, a price-to-earnings-growth ratio of 4.19 and a beta of 1.27. The company has a debt-to-equity ratio of 1.20, a quick ratio of 8.28 and a current ratio of 7.77. EPR Properties has a fifty-two week low of $41.75 and a fifty-two week high of $61.24.

EPR Properties (NYSE:EPR) last released its quarterly earnings data on Wednesday, July 30th. The real estate investment trust reported $1.24 EPS for the quarter, missing the consensus estimate of $1.25 by ($0.01). EPR Properties had a net margin of 25.28% and a return on equity of 7.66%. The firm had revenue of $150.35 million for the quarter, compared to the consensus estimate of $176.50 million. During the same quarter in the prior year, the firm earned $1.22 EPS. The company’s revenue was up 3.7% compared to the same quarter last year. On average, research analysts expect that EPR Properties will post 4.65 earnings per share for the current fiscal year.

EPR Properties Dividend Announcement

The firm also recently disclosed a jul 25 dividend, which will be paid on Friday, August 15th. Shareholders of record on Thursday, July 31st will be issued a dividend of $0.295 per share. The ex-dividend date is Thursday, July 31st. This represents a yield of 590.0%. EPR Properties’s dividend payout ratio is presently 174.38%.

Insiders Place Their Bets

In other EPR Properties news, EVP Gregory E. Zimmerman sold 7,500 shares of the firm’s stock in a transaction on Friday, August 1st. The shares were sold at an average price of $54.94, for a total value of $412,050.00. Following the transaction, the executive vice president directly owned 96,377 shares of the company’s stock, valued at approximately $5,294,952.38. This trade represents a 7.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 2.31% of the company’s stock.

Analysts Set New Price Targets

EPR has been the subject of a number of analyst reports. Stifel Nicolaus lifted their target price on shares of EPR Properties from $65.00 to $65.50 and gave the stock a “buy” rating in a research note on Thursday. Truist Financial lifted their price objective on EPR Properties from $53.00 to $55.00 and gave the stock a “hold” rating in a research report on Monday, May 19th. 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 target price on EPR Properties from $52.00 to $53.00 and gave the stock an “underweight” rating in a research note on Monday, June 2nd. Finally, Raymond James Financial reiterated a “strong-buy” rating on shares of EPR Properties in a report on Friday, May 23rd. One research analyst has rated the stock with a sell rating, three have issued a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $57.36.

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.