EPR Properties (NYSE:EPR) Shares Sold by Sei Investments Co.

Sei Investments Co. lessened its holdings in EPR Properties (NYSE:EPR) by 4.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 144,645 shares of the real estate investment trust’s stock after selling 7,108 shares during the quarter. Sei Investments Co. owned 0.19% of EPR Properties worth $6,405,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Synergy Investment Management LLC purchased a new stake in EPR Properties during the 4th quarter valued at about $27,000. GAMMA Investing LLC grew its stake in EPR Properties by 36.6% in the 4th quarter. GAMMA Investing LLC now owns 1,127 shares of the real estate investment trust’s stock valued at $50,000 after acquiring an additional 302 shares during the period. Principal Securities Inc. grew its position in shares of EPR Properties by 54.5% in the fourth quarter. Principal Securities Inc. now owns 1,296 shares of the real estate investment trust’s stock valued at $57,000 after purchasing an additional 457 shares during the period. EverSource Wealth Advisors LLC increased its stake in EPR Properties by 51.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,530 shares of the real estate investment trust’s stock worth $68,000 after buying an additional 522 shares in the last quarter. Finally, Venturi Wealth Management LLC increased its position in shares of EPR Properties by 43.6% during the fourth quarter. Venturi Wealth Management LLC now owns 2,117 shares of the real estate investment trust’s stock worth $94,000 after purchasing an additional 643 shares in the last quarter. Hedge funds and other institutional investors own 74.66% of the company’s stock.

Insider Activity

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

Analyst Upgrades and Downgrades

Several analysts recently issued reports on EPR shares. Wells Fargo & Company upped their price objective on shares of EPR Properties from $45.00 to $52.00 and gave the company an “underweight” rating in a research note on Monday, March 10th. Truist Financial increased their price target on EPR Properties from $51.00 to $53.00 and gave the stock a “hold” rating in a report on Monday, March 24th. Stifel Nicolaus lifted their target price on shares of EPR Properties from $51.00 to $52.00 and gave the company a “hold” rating in a report on Thursday, February 27th. Finally, Royal Bank of Canada boosted their price target on shares of EPR Properties from $50.00 to $58.00 and gave the stock an “outperform” rating in a research note on Thursday, March 6th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, EPR Properties currently has an average rating of “Hold” and a consensus target price of $51.00.

EPR Properties Trading Up 1.8 %

NYSE:EPR opened at $52.63 on Tuesday. The company has a debt-to-equity ratio of 1.19, a quick ratio of 7.81 and a current ratio of 7.81. EPR Properties has a 1 year low of $39.66 and a 1 year high of $54.25. The stock has a market cap of $4.00 billion, a P/E ratio of 22.79 and a beta of 1.72. The stock has a 50-day simple moving average of $49.88 and a 200-day simple moving average of $47.44.

EPR Properties (NYSE:EPR) last announced its quarterly earnings results on Wednesday, February 26th. The real estate investment trust reported $1.22 EPS for the quarter, topping the consensus estimate of $0.66 by $0.56. EPR Properties had a net margin of 28.87% and a return on equity of 8.22%. The firm had revenue of $149.12 million for the quarter, compared to analyst estimates of $161.25 million. As a group, analysts anticipate 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. This represents a $3.54 dividend on an annualized basis and a dividend yield of 6.73%. This is a boost from EPR Properties’s previous monthly dividend of $0.29. The ex-dividend date of this dividend is Monday, March 31st. EPR Properties’s payout ratio is presently 221.25%.

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.