MRP Capital Investments LLC Decreases Stock Holdings in EPR Properties (NYSE:EPR)

MRP Capital Investments LLC cut its holdings in EPR Properties (NYSE:EPR) by 26.5% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 9,630 shares of the real estate investment trust’s stock after selling 3,475 shares during the quarter. MRP Capital Investments LLC’s holdings in EPR Properties were worth $404,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Vermillion & White Wealth Management Group LLC bought a new position in EPR Properties during the fourth quarter valued at $25,000. GAMMA Investing LLC lifted its holdings in shares of EPR Properties by 262.2% in the 2nd quarter. GAMMA Investing LLC now owns 594 shares of the real estate investment trust’s stock valued at $25,000 after acquiring an additional 430 shares during the last quarter. Principal Securities Inc. purchased a new stake in EPR Properties during the fourth quarter valued at approximately $31,000. Mather Group LLC. purchased a new position in shares of EPR Properties in the 1st quarter worth approximately $36,000. Finally, Abich Financial Wealth Management LLC increased its position in shares of EPR Properties by 53.7% during the 1st quarter. Abich Financial Wealth Management LLC now owns 902 shares of the real estate investment trust’s stock valued at $38,000 after purchasing an additional 315 shares during the last quarter. 74.66% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

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

EPR Properties Stock Up 0.3 %

Shares of NYSE:EPR opened at $48.64 on Thursday. The business’s 50 day moving average is $45.73 and its 200 day moving average is $42.88. The stock has a market cap of $3.68 billion, a P/E ratio of 23.96 and a beta of 1.75. EPR Properties has a 52-week low of $39.65 and a 52-week high of $49.63. The company has a quick ratio of 11.12, a current ratio of 11.12 and a debt-to-equity ratio of 1.16.

EPR Properties Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be given a dividend of $0.285 per share. This represents a $3.42 dividend on an annualized basis and a dividend yield of 7.03%. The ex-dividend date of this dividend is Monday, September 30th. EPR Properties’s payout ratio is 168.47%.

Analyst Ratings Changes

EPR has been the topic of several recent analyst reports. JMP Securities reissued a “market perform” rating on shares of EPR Properties in a research note on Friday, June 14th. Raymond James raised shares of EPR Properties from an “outperform” rating to a “strong-buy” rating and set a $54.00 price objective for the company in a research note on Wednesday, August 21st. Truist Financial upped their target price on EPR Properties from $44.00 to $46.00 and gave the company a “hold” rating in a research note on Friday, August 16th. Stifel Nicolaus raised their price target on EPR Properties from $42.50 to $47.50 and gave the stock a “hold” rating in a research note on Thursday, August 1st. Finally, JPMorgan Chase & Co. upped their price objective on EPR Properties from $48.00 to $51.00 and gave the company an “overweight” rating in a research report on Monday, September 9th. Two research 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’s stock. According to data from MarketBeat, EPR Properties has an average rating of “Hold” and a consensus target price of $48.06.

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.