EPR Properties (NYSE:EPR) EVP Gregory Zimmerman Sells 7,500 Shares of Stock

EPR Properties (NYSE:EPR) EVP Gregory Zimmerman sold 7,500 shares of the stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $53.89, for a total value of $404,175.00. Following the completion of the sale, the executive vice president owned 66,294 shares in the company, valued at approximately $3,572,583.66. The trade was a 10.16% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

EPR Properties Stock Down 1.2%

Shares of EPR opened at $53.58 on Tuesday. The firm has a fifty day moving average price of $51.94 and a 200-day moving average price of $53.49. The company has a current ratio of 7.21, a quick ratio of 7.21 and a debt-to-equity ratio of 1.19. The firm has a market capitalization of $4.08 billion, a P/E ratio of 23.40, a P/E/G ratio of 3.21 and a beta of 0.99. EPR Properties has a 12-month low of $41.75 and a 12-month high of $61.24.

EPR Properties Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Tuesday, February 17th. Stockholders of record on Friday, January 30th will be given a dividend of $0.295 per share. The ex-dividend date of this dividend is Friday, January 30th. This represents a c) dividend on an annualized basis and a dividend yield of 6.6%. EPR Properties’s dividend payout ratio (DPR) is 154.59%.

Wall Street Analyst Weigh In

EPR has been the topic of several research reports. Wells Fargo & Company reduced their price objective on EPR Properties from $56.00 to $54.00 and set an “equal weight” rating on the stock in a report on Tuesday, November 25th. Wall Street Zen cut EPR Properties from a “buy” rating to a “hold” rating in a report on Saturday, November 1st. JPMorgan Chase & Co. cut their price target on EPR Properties from $65.00 to $58.00 and set an “overweight” rating on the stock in a research note on Tuesday, December 2nd. Royal Bank Of Canada restated a “sector perform” rating and issued a $58.00 price objective on shares of EPR Properties in a report on Friday. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of EPR Properties in a research note on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and five have given a Hold rating to the company. According to MarketBeat, EPR Properties presently has a consensus rating of “Moderate Buy” and an average target price of $58.36.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the company. Norges Bank purchased a new stake in EPR Properties during the second quarter valued at approximately $55,093,000. Northern Trust Corp increased its position in shares of EPR Properties by 84.8% during the third quarter. Northern Trust Corp now owns 1,564,309 shares of the real estate investment trust’s stock worth $90,746,000 after purchasing an additional 717,734 shares in the last quarter. Prudential Financial Inc. increased its position in shares of EPR Properties by 42.0% during the second quarter. Prudential Financial Inc. now owns 1,870,499 shares of the real estate investment trust’s stock worth $108,975,000 after purchasing an additional 553,209 shares in the last quarter. Schonfeld Strategic Advisors LLC purchased a new stake in shares of EPR Properties during the 3rd quarter valued at $27,895,000. Finally, Invesco Ltd. boosted its position in shares of EPR Properties by 89.7% in the 3rd quarter. Invesco Ltd. now owns 977,789 shares of the real estate investment trust’s stock worth $56,722,000 after purchasing an additional 462,354 shares in the last quarter. Hedge funds and other institutional investors own 74.66% of the company’s stock.

EPR Properties Company Profile

EPR Properties is a real estate investment trust that specializes in experiential properties across the United States, Canada and select international markets. Established in 1997 and headquartered in Kansas City, Missouri, the company targets properties in the entertainment, recreation and education sectors. Its portfolio includes movie theaters, ski resorts, family entertainment centers, charter schools and other venues that benefit from consumer-driven experiences.

The trust employs long-term, triple-net lease agreements, where tenants are responsible for real estate taxes, insurance and maintenance.