Victory Capital Management Inc. Has $621,000 Stock Position in EPR Properties (NYSE:EPR)

Victory Capital Management Inc. lowered its position in shares of EPR Properties (NYSE:EPR) by 3.0% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 14,022 shares of the real estate investment trust’s stock after selling 434 shares during the quarter. Victory Capital Management Inc.’s holdings in EPR Properties were worth $621,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Synergy Investment Management LLC acquired a new position in EPR Properties in the fourth quarter valued at about $27,000. Charles Schwab Investment Management Inc. raised its stake in EPR Properties by 2.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,380,301 shares of the real estate investment trust’s stock valued at $61,120,000 after purchasing an additional 30,401 shares in the last quarter. Metis Global Partners LLC raised its stake in EPR Properties by 11.4% in the fourth quarter. Metis Global Partners LLC now owns 8,684 shares of the real estate investment trust’s stock valued at $385,000 after purchasing an additional 887 shares in the last quarter. US Bancorp DE raised its stake in EPR Properties by 44.2% in the fourth quarter. US Bancorp DE now owns 7,537 shares of the real estate investment trust’s stock valued at $334,000 after purchasing an additional 2,310 shares in the last quarter. Finally, QRG Capital Management Inc. raised its stake in EPR Properties by 3.1% in the fourth quarter. QRG Capital Management Inc. now owns 77,985 shares of the real estate investment trust’s stock valued at $3,453,000 after purchasing an additional 2,372 shares in the last quarter. Institutional investors and hedge funds own 74.66% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently commented on EPR shares. Truist Financial boosted their price target on EPR Properties from $46.00 to $51.00 and gave the company a “hold” rating in a research note on Tuesday. Wells Fargo & Company boosted their price target on EPR Properties from $45.00 to $52.00 and gave the company an “underweight” rating in a research note on Monday, March 10th. Royal Bank of Canada boosted their price target on EPR Properties from $50.00 to $58.00 and gave the company an “outperform” rating in a research note on Thursday, March 6th. Finally, Stifel Nicolaus lifted their target price on EPR Properties from $51.00 to $52.00 and gave the company a “hold” rating in a research report on Thursday, February 27th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $50.75.

EPR Properties Stock Performance

NYSE:EPR opened at $51.35 on Friday. The stock has a market cap of $3.91 billion, a P/E ratio of 22.23 and a beta of 1.72. The company has a current ratio of 7.81, a quick ratio of 7.81 and a debt-to-equity ratio of 1.19. The stock’s 50-day moving average is $49.21 and its 200-day moving average is $47.27. EPR Properties has a 1-year low of $39.66 and a 1-year high of $54.25.

EPR Properties (NYSE:EPR) last released its quarterly earnings results on Wednesday, February 26th. The real estate investment trust reported $1.22 earnings per share for the quarter, topping the consensus estimate of $0.66 by $0.56. EPR Properties had a return on equity of 8.22% and a net margin of 28.87%. The company had revenue of $149.12 million for the quarter, compared to analysts’ expectations of $161.25 million. Equities research analysts anticipate that EPR Properties will post 4.65 earnings per share for the current year.

EPR Properties Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be paid a $0.295 dividend. The ex-dividend date is Monday, March 31st. This is a positive change from EPR Properties’s previous monthly dividend of $0.29. This represents a $3.54 annualized dividend and a yield of 6.89%. EPR Properties’s payout ratio is 221.25%.

Insider Buying and Selling at EPR Properties

In other news, CAO Tonya L. Mater sold 3,120 shares of the stock in a transaction on Monday, March 17th. The stock was sold at an average price of $51.90, for a total transaction of $161,928.00. Following the completion of the transaction, the chief accounting officer now owns 46,827 shares in the company, valued at approximately $2,430,321.30. This represents a 6.25 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Gwendolyn Mary Johnson sold 3,900 shares of the firm’s stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $54.02, for a total value of $210,678.00. Following the completion of the transaction, the senior vice president now owns 8,216 shares of the company’s stock, valued at approximately $443,828.32. This represents a 32.19 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 9,520 shares of company stock valued at $502,581. 2.13% of the stock is currently owned by company insiders.

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.