1,302 Shares in EPR Properties (NYSE:EPR) Purchased by Ashton Thomas Private Wealth LLC

Ashton Thomas Private Wealth LLC acquired a new position in EPR Properties (NYSE:EPR) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,302 shares of the real estate investment trust’s stock, valued at approximately $55,000.

Several other institutional investors have also added to or reduced their stakes in EPR. Quest Partners LLC boosted its holdings in EPR Properties by 96.2% during the 2nd quarter. Quest Partners LLC now owns 43,160 shares of the real estate investment trust’s stock valued at $1,812,000 after acquiring an additional 21,164 shares during the period. LSV Asset Management boosted its stake in shares of EPR Properties by 0.5% during the second quarter. LSV Asset Management now owns 1,139,494 shares of the real estate investment trust’s stock valued at $47,836,000 after purchasing an additional 5,140 shares during the period. Custom Index Systems LLC grew its holdings in shares of EPR Properties by 13.2% in the second quarter. Custom Index Systems LLC now owns 5,567 shares of the real estate investment trust’s stock worth $234,000 after purchasing an additional 648 shares during the last quarter. Los Angeles Capital Management LLC grew its holdings in shares of EPR Properties by 0.4% in the second quarter. Los Angeles Capital Management LLC now owns 253,901 shares of the real estate investment trust’s stock worth $10,659,000 after purchasing an additional 997 shares during the last quarter. Finally, Savant Capital LLC bought a new stake in EPR Properties during the 2nd quarter valued at about $758,000. Institutional investors own 74.66% of the company’s stock.

EPR Properties Stock Performance

Shares of EPR Properties stock opened at $48.73 on Monday. The firm’s fifty day simple moving average is $45.31 and its 200-day simple moving average is $42.73. EPR Properties has a 12 month low of $39.65 and a 12 month high of $49.10. The stock has a market capitalization of $3.69 billion, a price-to-earnings ratio of 24.01 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.

EPR Properties Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be paid a dividend of $0.285 per share. The ex-dividend date is Monday, September 30th. This represents a $3.42 annualized dividend and a dividend yield of 7.02%. EPR Properties’s dividend payout ratio (DPR) is 168.47%.

Insider Buying and Selling

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

Wall Street Analyst Weigh In

A number of research firms recently weighed in on EPR. Bank of America lowered shares of EPR Properties from a “neutral” rating to an “underperform” rating and lowered their price objective for the stock from $45.00 to $40.00 in a research note on Monday, May 20th. Truist Financial lifted their target price on shares of EPR Properties from $44.00 to $46.00 and gave the company a “hold” rating in a report on Friday, August 16th. Royal Bank of Canada raised EPR Properties from a “sector perform” rating to an “outperform” rating and raised their price objective for the company from $48.00 to $50.00 in a report on Monday, August 5th. Wells Fargo & Company upped their price target on shares of EPR Properties from $42.00 to $45.00 and gave the stock an “underweight” rating in a research report on Monday, August 26th. Finally, StockNews.com lowered shares of EPR Properties from a “buy” rating to a “hold” rating in a report on Thursday, August 1st. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, EPR Properties presently has an average rating of “Hold” and an average target price of $48.06.

EPR Properties Company 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.