Brokerages Set EPR Properties (NYSE:EPR) Price Target at $48.28

Shares of EPR Properties (NYSE:EPR) have been assigned an average recommendation of “Hold” from the nine analysts that are covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation, three have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $48.28.

A number of brokerages have recently issued reports on EPR. Stifel Nicolaus lifted their price objective on shares of EPR Properties from $42.50 to $47.50 and gave the stock a “hold” rating in a research report on Thursday, August 1st. JPMorgan Chase & Co. upped their price target on EPR Properties from $48.00 to $51.00 and gave the stock an “overweight” rating in a research report on Monday, September 9th. StockNews.com cut EPR Properties from a “buy” rating to a “hold” rating in a research report on Thursday, August 1st. JMP Securities reaffirmed a “market perform” rating on shares of EPR Properties in a research report on Tuesday, September 24th. Finally, Truist Financial raised their price target on EPR Properties from $44.00 to $46.00 and gave the stock a “hold” rating in a report on Friday, August 16th.

EPR Properties Price Performance

EPR opened at $48.87 on Thursday. The firm has a market capitalization of $3.70 billion, a PE ratio of 24.07 and a beta of 1.75. The company has a debt-to-equity ratio of 1.16, a current ratio of 11.12 and a quick ratio of 11.12. The business’s 50-day moving average is $47.58 and its two-hundred day moving average is $43.89. EPR Properties has a 1 year low of $39.65 and a 1 year high of $50.26.

EPR Properties Announces Dividend

The company also recently announced a oct 24 dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 31st will be given a $0.285 dividend. The ex-dividend date is Thursday, October 31st. This represents a yield of 6.9%. EPR Properties’s dividend payout ratio is currently 168.47%.

Insiders Place Their Bets

In related news, CAO Tonya L. Mater sold 1,000 shares of the firm’s stock in a transaction on Wednesday, August 21st. The shares were sold at an average price of $46.00, for a total transaction of $46,000.00. Following the completion of the transaction, the chief accounting officer now owns 42,710 shares of the company’s stock, valued at $1,964,660. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, CAO Tonya L. Mater sold 1,000 shares of the firm’s stock in a transaction dated Wednesday, August 21st. The stock was sold at an average price of $46.00, for a total transaction of $46,000.00. Following the sale, the chief accounting officer now directly owns 42,710 shares of the company’s stock, valued at $1,964,660. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Gwendolyn Mary Johnson sold 592 shares of EPR Properties stock in a transaction that occurred on Monday, August 5th. The shares were sold at an average price of $43.82, for a total value of $25,941.44. Following the transaction, the senior vice president now owns 5,780 shares of the company’s stock, valued at approximately $253,279.60. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.13% of the stock is currently owned by insiders.

Hedge Funds Weigh In On EPR Properties

Several large investors have recently made changes to their positions in the company. Nisa Investment Advisors LLC increased its holdings in EPR Properties by 2.8% in the second quarter. Nisa Investment Advisors LLC now owns 54,306 shares of the real estate investment trust’s stock valued at $2,295,000 after buying an additional 1,484 shares in the last quarter. Vanguard Group Inc. boosted its position in EPR Properties by 1.0% during the first quarter. Vanguard Group Inc. now owns 11,366,416 shares of the real estate investment trust’s stock worth $482,504,000 after purchasing an additional 109,144 shares in the last quarter. LSV Asset Management boosted its position in EPR Properties by 2.0% during the first quarter. LSV Asset Management now owns 1,134,354 shares of the real estate investment trust’s stock worth $48,153,000 after purchasing an additional 21,900 shares in the last quarter. Ontario Teachers Pension Plan Board grew its holdings in EPR Properties by 47.1% in the first quarter. Ontario Teachers Pension Plan Board now owns 78,854 shares of the real estate investment trust’s stock valued at $3,347,000 after purchasing an additional 25,259 shares during the period. Finally, Natixis increased its position in shares of EPR Properties by 188.4% in the first quarter. Natixis now owns 72,764 shares of the real estate investment trust’s stock valued at $3,089,000 after buying an additional 47,534 shares in the last quarter. 74.66% of the stock is currently owned by institutional investors and hedge funds.

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.