Waterloo Capital L.P. Makes New $660,000 Investment in EPR Properties (NYSE:EPR)

Waterloo Capital L.P. acquired a new position in EPR Properties (NYSE:EPR) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 15,724 shares of the real estate investment trust’s stock, valued at approximately $660,000.

Several other institutional investors and hedge funds have also bought and sold shares of EPR. Vermillion & White Wealth Management Group LLC purchased a new stake in EPR Properties in the fourth quarter worth about $25,000. GAMMA Investing LLC lifted its holdings in shares of EPR Properties by 262.2% during the second quarter. GAMMA Investing LLC now owns 594 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 430 shares during the last quarter. Principal Securities Inc. purchased a new position in shares of EPR Properties during the fourth quarter valued at approximately $31,000. Mather Group LLC. purchased a new position in shares of EPR Properties during the first quarter valued at approximately $36,000. Finally, Abich Financial Wealth Management LLC lifted its holdings in shares of EPR Properties by 53.7% during the first 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 currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other EPR Properties news, CAO Tonya L. Mater sold 1,000 shares of EPR Properties stock in a transaction that occurred 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 completion of the sale, the chief accounting officer now owns 42,710 shares of the company’s stock, valued at approximately $1,964,660. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other news, SVP Gwendolyn Mary Johnson sold 592 shares of the business’s stock in a transaction on Monday, August 5th. The shares were 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 of the company’s stock, valued at approximately $253,279.60. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, 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 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 approximately $1,964,660. The disclosure for this sale can be found here. 2.13% of the stock is currently owned by insiders.

EPR Properties Trading Up 0.3 %

NYSE:EPR opened at $48.64 on Thursday. The company has a current ratio of 11.12, a quick ratio of 11.12 and a debt-to-equity ratio of 1.16. EPR Properties has a 12 month low of $39.65 and a 12 month high of $49.63. The company has a market cap of $3.68 billion, a PE ratio of 23.96 and a beta of 1.75. The company has a 50 day simple moving average of $45.73 and a two-hundred day simple moving average of $42.88.

EPR Properties Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be given a $0.285 dividend. This represents a $3.42 dividend on an annualized basis and a yield of 7.03%. The ex-dividend date of this dividend is Monday, September 30th. EPR Properties’s dividend payout ratio (DPR) is presently 168.47%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the stock. Royal Bank of Canada upgraded shares of EPR Properties from a “sector perform” rating to an “outperform” rating and lifted their target price for the company from $48.00 to $50.00 in a report on Monday, August 5th. Wells Fargo & Company lifted their target price on shares of EPR Properties from $42.00 to $45.00 and gave the company an “underweight” rating in a report on Monday, August 26th. JPMorgan Chase & Co. lifted their target price on shares of EPR Properties from $48.00 to $51.00 and gave the company an “overweight” rating in a report on Monday, September 9th. Stifel Nicolaus boosted their price objective on shares of EPR Properties from $42.50 to $47.50 and gave the stock a “hold” rating in a report on Thursday, August 1st. Finally, Raymond James upgraded 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 report on Wednesday, August 21st. Two investment analysts have rated the stock with a sell rating, four have given a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, EPR Properties currently has a consensus rating of “Hold” and an average price target 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.