EPR Properties (NYSE:EPR) Shares Sold by Primecap Management Co. CA

Primecap Management Co. CA cut its holdings in shares of EPR Properties (NYSE:EPR) by 1.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 131,900 shares of the real estate investment trust’s stock after selling 1,900 shares during the quarter. Primecap Management Co. CA owned about 0.17% of EPR Properties worth $5,537,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Vermillion & White Wealth Management Group LLC acquired a new position in shares of EPR Properties during the 4th quarter valued at about $25,000. GAMMA Investing LLC increased its position in EPR Properties by 262.2% during the second quarter. GAMMA Investing LLC now owns 594 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 430 shares during the last quarter. Principal Securities Inc. purchased a new position in EPR Properties during the fourth quarter worth approximately $31,000. Mather Group LLC. acquired a new position in shares of EPR Properties in the 1st quarter valued at $36,000. Finally, Abich Financial Wealth Management LLC grew its stake 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 buying an additional 315 shares during the period. 74.66% of the stock is owned by institutional investors and hedge funds.

EPR Properties Trading Up 0.3 %

NYSE EPR opened at $48.64 on Thursday. The stock has a market cap of $3.68 billion, a P/E ratio of 23.96 and a beta of 1.75. The company’s fifty day simple moving average is $45.73 and its 200-day simple moving average is $42.88. 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 52 week low of $39.65 and a 52 week high of $49.63.

EPR Properties Announces Dividend

The company also recently disclosed 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. The ex-dividend date of this dividend is Monday, September 30th. This represents a $3.42 dividend on an annualized basis and a yield of 7.03%. EPR Properties’s payout ratio is currently 168.47%.

Insider Activity

In related news, 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 value of $25,941.44. Following the completion of the transaction, the senior vice president now owns 5,780 shares of the company’s stock, valued at $253,279.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, CAO Tonya L. Mater sold 1,000 shares of EPR Properties 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 completion of the sale, the chief accounting officer now owns 42,710 shares in the company, valued at $1,964,660. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Gwendolyn Mary Johnson sold 592 shares of the 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 transaction, the senior vice president now owns 5,780 shares in the company, valued at $253,279.60. The disclosure for this sale can be found here. Insiders own 2.13% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on EPR shares. Raymond James raised EPR Properties from an “outperform” rating to a “strong-buy” rating and set a $54.00 target price on the stock in a research report on Wednesday, August 21st. Stifel Nicolaus lifted their price objective on EPR Properties from $42.50 to $47.50 and gave the company a “hold” rating in a research note on Thursday, August 1st. StockNews.com downgraded shares of EPR Properties from a “buy” rating to a “hold” rating in a research report on Thursday, August 1st. Truist Financial lifted their price target on shares of EPR Properties from $44.00 to $46.00 and gave the company a “hold” rating in a research report on Friday, August 16th. Finally, JPMorgan Chase & Co. increased their price objective on shares of EPR Properties from $48.00 to $51.00 and gave the stock an “overweight” rating in a research report on Monday, September 9th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus 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.