US Bancorp DE Acquires 2,310 Shares of EPR Properties (NYSE:EPR)

US Bancorp DE grew its holdings in EPR Properties (NYSE:EPR) by 44.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 7,537 shares of the real estate investment trust’s stock after purchasing an additional 2,310 shares during the period. US Bancorp DE’s holdings in EPR Properties were worth $334,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of EPR. Brooklyn Investment Group bought a new position in shares of EPR Properties in the 3rd quarter valued at $27,000. GAMMA Investing LLC lifted its holdings in EPR Properties by 36.6% during the 4th quarter. GAMMA Investing LLC now owns 1,127 shares of the real estate investment trust’s stock worth $50,000 after buying an additional 302 shares during the period. Principal Securities Inc. lifted its holdings in EPR Properties by 54.5% during the 4th quarter. Principal Securities Inc. now owns 1,296 shares of the real estate investment trust’s stock worth $57,000 after buying an additional 457 shares during the period. Venturi Wealth Management LLC lifted its holdings in EPR Properties by 42.3% during the 3rd quarter. Venturi Wealth Management LLC now owns 1,474 shares of the real estate investment trust’s stock worth $72,000 after buying an additional 438 shares during the period. Finally, Blue Trust Inc. lifted its holdings in EPR Properties by 413.4% during the 4th quarter. Blue Trust Inc. now owns 3,640 shares of the real estate investment trust’s stock worth $161,000 after buying an additional 2,931 shares during the period. Institutional investors own 74.66% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. Royal Bank of Canada lifted their target price on EPR Properties from $50.00 to $58.00 and gave the stock an “outperform” rating in a report on Thursday, March 6th. UBS Group began coverage on EPR Properties in a research note on Thursday, November 14th. They issued a “neutral” rating and a $48.00 price objective on the stock. Wells Fargo & Company boosted their target price on EPR Properties from $45.00 to $52.00 and gave the company an “underweight” rating in a research report on Monday. Finally, Stifel Nicolaus boosted 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 research analysts have rated the stock with a sell rating, five have given 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.com, the company currently has a consensus rating of “Hold” and an average target price of $50.13.

EPR Properties Stock Performance

Shares of EPR opened at $50.62 on Friday. The company has a debt-to-equity ratio of 1.19, a quick ratio of 7.81 and a current ratio of 7.81. The stock has a 50 day moving average price of $48.39 and a two-hundred day moving average price of $47.09. The firm has a market capitalization of $3.85 billion, a P/E ratio of 21.91 and a beta of 1.71. EPR Properties has a 52 week low of $39.65 and a 52 week high of $54.25.

EPR Properties (NYSE:EPR) last issued its quarterly earnings data on Wednesday, February 26th. The real estate investment trust reported $1.22 EPS for the quarter, topping analysts’ consensus estimates of $0.66 by $0.56. The firm had revenue of $149.12 million during the quarter, compared to analyst estimates of $161.25 million. EPR Properties had a return on equity of 8.22% and a net margin of 28.87%. Equities analysts forecast that EPR Properties will post 4.65 earnings per share for the current fiscal year.

EPR Properties Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be issued 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 dividend yield of 6.99%. EPR Properties’s dividend payout ratio is currently 221.25%.

Insider Activity

In other news, SVP Gwendolyn Mary Johnson sold 3,900 shares of the company’s stock in a transaction that occurred on 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 directly owns 8,216 shares of the company’s stock, valued at $443,828.32. This represents a 32.19 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 2.13% of the stock is currently owned by corporate insiders.

EPR Properties 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.