Impact Partnership Wealth LLC Takes Position in EPR Properties (NYSE:EPR)

Impact Partnership Wealth LLC bought a new stake in EPR Properties (NYSE:EPR) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 6,114 shares of the real estate investment trust’s stock, valued at approximately $300,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. International Assets Investment Management LLC acquired a new stake in shares of EPR Properties in the 3rd quarter valued at $3,285,000. Private Advisor Group LLC grew its stake in shares of EPR Properties by 2.2% during the third quarter. Private Advisor Group LLC now owns 16,297 shares of the real estate investment trust’s stock worth $799,000 after purchasing an additional 350 shares during the period. Signaturefd LLC grew its stake in shares of EPR Properties by 16.1% during the third quarter. Signaturefd LLC now owns 2,360 shares of the real estate investment trust’s stock worth $116,000 after purchasing an additional 328 shares during the period. Cyndeo Wealth Partners LLC grew its stake in shares of EPR Properties by 7.1% during the third quarter. Cyndeo Wealth Partners LLC now owns 137,930 shares of the real estate investment trust’s stock worth $6,764,000 after purchasing an additional 9,141 shares during the period. Finally, Raymond James & Associates grew its stake in shares of EPR Properties by 398.0% during the third quarter. Raymond James & Associates now owns 154,198 shares of the real estate investment trust’s stock worth $7,562,000 after purchasing an additional 123,233 shares during the period. 74.66% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, SVP Gwendolyn Mary Johnson sold 592 shares of the business’s stock in a transaction dated Monday, August 5th. The stock was sold at an average price of $43.82, for a total value of $25,941.44. Following the sale, the senior vice president now directly owns 5,780 shares in the company, valued at $253,279.60. The trade was 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 the SEC website. In related news, CAO Tonya L. Mater sold 1,000 shares of the company’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 owns 42,710 shares in the company, valued at approximately $1,964,660. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Gwendolyn Mary Johnson sold 592 shares of the company’s stock in a transaction dated Monday, August 5th. The stock was sold at an average price of $43.82, for a total value of $25,941.44. Following the sale, the senior vice president now owns 5,780 shares in the company, valued at $253,279.60. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 2.13% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Truist Financial lifted their price objective on EPR Properties from $44.00 to $46.00 and gave the stock a “hold” rating in a research note on Friday, August 16th. JMP Securities reaffirmed a “market perform” rating on shares of EPR Properties in a research note on Tuesday, September 24th. Stifel Nicolaus lifted their target price on EPR Properties from $42.50 to $47.50 and gave the stock a “hold” rating in a report on Thursday, August 1st. StockNews.com lowered EPR Properties from a “buy” rating to a “hold” rating in a report on Thursday, August 1st. Finally, Wells Fargo & Company reiterated an “underweight” rating and set a $47.00 target price (up from $45.00) on shares of EPR Properties in a report on Tuesday, October 1st. Two investment analysts have rated the stock with a sell rating, four have given a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $48.28.

EPR Properties Stock Performance

Shares of EPR Properties stock opened at $47.13 on Friday. The firm has a market cap of $3.57 billion, a price-to-earnings ratio of 23.22 and a beta of 1.75. The stock’s 50-day moving average is $47.86 and its 200-day moving average is $44.05. EPR Properties has a one year low of $39.65 and a one year high of $50.26. The company has a debt-to-equity ratio of 1.16, a current ratio of 11.12 and a quick ratio of 11.12.

EPR Properties Dividend Announcement

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

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.