Creative Planning Acquires 6,199 Shares of EPR Properties (NYSE:EPR)

Creative Planning lifted its stake in EPR Properties (NYSE:EPR) by 37.9% during the 3rd quarter, HoldingsChannel reports. The fund owned 22,552 shares of the real estate investment trust’s stock after buying an additional 6,199 shares during the period. Creative Planning’s holdings in EPR Properties were worth $1,106,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. GAMMA Investing LLC increased its holdings in shares of EPR Properties by 262.2% during the 2nd 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 period. Abich Financial Wealth Management LLC boosted its holdings in EPR Properties by 53.7% during the first quarter. Abich Financial Wealth Management LLC now owns 902 shares of the real estate investment trust’s stock valued at $38,000 after purchasing an additional 315 shares in the last quarter. EntryPoint Capital LLC acquired a new stake in EPR Properties during the first quarter valued at approximately $47,000. Ashton Thomas Private Wealth LLC bought a new stake in shares of EPR Properties in the 2nd quarter valued at approximately $55,000. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of EPR Properties in the 2nd quarter worth approximately $56,000. Institutional investors own 74.66% of the company’s stock.

EPR Properties Price Performance

Shares of EPR stock opened at $45.37 on Friday. EPR Properties has a 1 year low of $39.65 and a 1 year high of $50.26. The company has a current ratio of 11.12, a quick ratio of 11.12 and a debt-to-equity ratio of 1.16. The firm’s 50 day moving average is $47.96 and its 200-day moving average is $44.23. The firm has a market capitalization of $3.44 billion, a price-to-earnings ratio of 18.59 and a beta of 1.75.

EPR Properties Announces Dividend

The company also recently announced a oct 24 dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st will be paid a $0.285 dividend. The ex-dividend date of this dividend is Thursday, October 31st. This represents a dividend yield of 6.9%. EPR Properties’s dividend payout ratio (DPR) is currently 140.16%.

Insider Transactions at EPR Properties

In related news, CAO Tonya L. Mater sold 1,000 shares of the firm’s stock in a transaction dated Wednesday, August 21st. The stock was sold at an average price of $46.00, for a total value of $46,000.00. Following the transaction, the chief accounting officer now owns 42,710 shares in the company, valued at $1,964,660. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other EPR Properties news, SVP Gwendolyn Mary Johnson sold 592 shares of the company’s 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 completion of the sale, the senior vice president now owns 5,780 shares in the company, valued at approximately $253,279.60. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CAO Tonya L. Mater sold 1,000 shares of the 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 transaction, the chief accounting officer now directly owns 42,710 shares in the company, valued at approximately $1,964,660. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 2.13% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several brokerages recently commented on EPR. Truist Financial boosted their price target on EPR Properties from $44.00 to $46.00 and gave the company a “hold” rating in a research note on Friday, August 16th. JMP Securities reaffirmed a “market perform” rating on shares of EPR Properties in a report on Tuesday, September 24th. StockNews.com cut shares of EPR Properties from a “buy” rating to a “hold” rating in a research report on Thursday, August 1st. Raymond James upgraded shares of EPR Properties from an “outperform” rating to a “strong-buy” rating and set a $54.00 price target on the stock in a research report on Wednesday, August 21st. Finally, Royal Bank of Canada upgraded shares of EPR Properties from a “sector perform” rating to an “outperform” rating and lifted their target price for the company from $48.00 to $50.00 in a research note on Monday, August 5th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, EPR Properties presently has a consensus rating of “Hold” and an average target price of $48.31.

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.