Xponance Inc. Sells 1,537 Shares of EPR Properties (NYSE:EPR)

Xponance Inc. lessened its holdings in shares of EPR Properties (NYSE:EPR) by 14.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 8,963 shares of the real estate investment trust’s stock after selling 1,537 shares during the quarter. Xponance Inc.’s holdings in EPR Properties were worth $376,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in EPR. Vermillion & White Wealth Management Group LLC purchased a new position in EPR Properties during the 4th quarter valued at approximately $25,000. GAMMA Investing LLC grew its holdings in EPR Properties by 262.2% during the 2nd quarter. GAMMA Investing LLC now owns 594 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 430 shares in the last quarter. Mather Group LLC. purchased a new position in EPR Properties during the 1st quarter valued at approximately $36,000. Abich Financial Wealth Management LLC grew its holdings in 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 in the last quarter. Finally, EntryPoint Capital LLC purchased a new position in EPR Properties during the 1st quarter valued at approximately $47,000. Institutional investors own 74.66% of the company’s stock.

EPR Properties Price Performance

EPR opened at $48.34 on Wednesday. The business has a fifty day moving average of $46.56 and a 200 day moving average of $43.26. EPR Properties has a 52-week low of $39.65 and a 52-week high of $50.26. The company has a quick ratio of 11.12, a current ratio of 11.12 and a debt-to-equity ratio of 1.16. The stock has a market cap of $3.66 billion, a P/E ratio of 23.81 and a beta of 1.75.

EPR Properties Dividend Announcement

The company 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 dividend of $0.285 per share. This represents a $3.42 dividend on an annualized basis and a yield of 7.07%. The ex-dividend date is Monday, September 30th. EPR Properties’s dividend payout ratio (DPR) is presently 168.47%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on EPR shares. Wells Fargo & Company reiterated an “underweight” rating and issued a $47.00 target price (up previously from $45.00) on shares of EPR Properties in a report on Tuesday. StockNews.com cut EPR Properties from a “buy” rating to a “hold” rating in a report on Thursday, August 1st. JPMorgan Chase & Co. lifted their target price on EPR Properties from $48.00 to $51.00 and gave the stock an “overweight” rating in a report on Monday, September 9th. Truist Financial lifted their target price on EPR Properties from $44.00 to $46.00 and gave the stock a “hold” rating in a report on Friday, August 16th. Finally, Royal Bank of Canada upgraded EPR Properties from a “sector perform” rating to an “outperform” rating and lifted their target price for the stock from $48.00 to $50.00 in a report on Monday, August 5th. 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 assigned a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $48.28.

Insider Buying and Selling at EPR Properties

In other EPR Properties news, SVP Gwendolyn Mary Johnson sold 592 shares of EPR Properties 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 directly owns 5,780 shares of the company’s stock, valued at approximately $253,279.60. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other EPR Properties news, SVP Gwendolyn Mary Johnson sold 592 shares of EPR Properties 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 directly owns 5,780 shares of the company’s stock, valued at approximately $253,279.60. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, 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 sale, the chief accounting officer now directly owns 42,710 shares of the company’s stock, valued at $1,964,660. The disclosure for this sale can be found here. 2.13% of the stock is currently owned by corporate insiders.

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.