Synergy Investment Management LLC Takes Position in EPR Properties (NYSE:EPR)

Synergy Investment Management LLC bought a new stake in shares of EPR Properties (NYSE:EPR) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 612 shares of the real estate investment trust’s stock, valued at approximately $27,000.

Other large investors have also recently made changes to their positions in the company. Brooklyn Investment Group purchased a new position in shares of EPR Properties during the third quarter valued at approximately $27,000. GAMMA Investing LLC raised its holdings in EPR Properties by 36.6% in the 4th quarter. GAMMA Investing LLC now owns 1,127 shares of the real estate investment trust’s stock worth $50,000 after acquiring an additional 302 shares during the last quarter. Principal Securities Inc. raised its holdings in EPR Properties by 54.5% in the 4th quarter. Principal Securities Inc. now owns 1,296 shares of the real estate investment trust’s stock worth $57,000 after acquiring an additional 457 shares during the last quarter. Venturi Wealth Management LLC raised its holdings in EPR Properties by 42.3% in the 3rd quarter. Venturi Wealth Management LLC now owns 1,474 shares of the real estate investment trust’s stock worth $72,000 after acquiring an additional 438 shares during the last quarter. Finally, Harbor Capital Advisors Inc. purchased a new position in EPR Properties in the 3rd quarter worth approximately $78,000. 74.66% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

EPR has been the subject of a number of recent analyst reports. UBS Group initiated coverage on shares of EPR Properties in a report on Thursday, November 14th. They issued a “neutral” rating and a $48.00 price objective for the company. Stifel Nicolaus boosted their price objective on shares of EPR Properties from $51.00 to $52.00 and gave the stock a “hold” rating in a report on Thursday, February 27th. Finally, Royal Bank of Canada restated an “outperform” rating and issued a $50.00 price objective on shares of EPR Properties in a report on Thursday, January 30th. Two analysts have rated the stock with a sell rating, five have issued a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $48.50.

Insider Activity

In other news, SVP Gwendolyn Mary Johnson sold 3,900 shares of the business’s stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $54.02, for a total transaction of $210,678.00. Following the completion of the sale, the senior vice president now owns 8,216 shares of the company’s stock, valued at $443,828.32. The trade was a 32.19 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 2.13% of the company’s stock.

EPR Properties Trading Up 0.8 %

NYSE:EPR opened at $53.37 on Thursday. The company has a current ratio of 7.81, a quick ratio of 7.81 and a debt-to-equity ratio of 1.19. EPR Properties has a 12 month low of $39.65 and a 12 month high of $54.25. The company has a market cap of $4.04 billion, a PE ratio of 23.10 and a beta of 1.75. The company has a 50 day simple moving average of $47.43 and a two-hundred day simple moving average of $46.85.

EPR Properties (NYSE:EPR) last posted its earnings results on Wednesday, February 26th. The real estate investment trust reported $1.22 EPS for the quarter, topping analysts’ consensus estimates of $0.66 by $0.56. EPR Properties had a net margin of 28.87% and a return on equity of 8.22%. The business had revenue of $149.12 million during the quarter, compared to the consensus estimate of $161.25 million. Research analysts forecast that EPR Properties will post 4.65 earnings per share for the current year.

EPR Properties Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be given a dividend of $0.295 per share. This is an increase from EPR Properties’s previous monthly dividend of $0.29. The ex-dividend date is Monday, March 31st. This represents a $3.54 dividend on an annualized basis and a dividend yield of 6.63%. EPR Properties’s payout ratio is presently 213.75%.

EPR Properties 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.