Fox Run Management L.L.C. Makes New Investment in EPR Properties (NYSE:EPR)

Fox Run Management L.L.C. acquired a new stake in EPR Properties (NYSE:EPR) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 6,354 shares of the real estate investment trust’s stock, valued at approximately $281,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of EPR. Brooklyn Investment Group acquired a new stake in EPR Properties in the 3rd quarter valued at $27,000. Synergy Investment Management LLC bought a new position in shares of EPR Properties in the fourth quarter valued at $27,000. GAMMA Investing LLC grew its holdings in shares of EPR Properties by 36.6% during the fourth quarter. GAMMA Investing LLC now owns 1,127 shares of the real estate investment trust’s stock valued at $50,000 after buying an additional 302 shares during the last quarter. Principal Securities Inc. increased its position in shares of EPR Properties by 54.5% during the fourth quarter. Principal Securities Inc. now owns 1,296 shares of the real estate investment trust’s stock worth $57,000 after acquiring an additional 457 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its holdings in shares of EPR Properties by 51.8% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,530 shares of the real estate investment trust’s stock worth $68,000 after acquiring an additional 522 shares during the last quarter. Institutional investors own 74.66% of the company’s stock.

Analyst Ratings Changes

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

Insider Activity at EPR Properties

In related news, SVP Brian Andrew Moriarty sold 2,500 shares of EPR Properties stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $51.99, for a total value of $129,975.00. Following the completion of the sale, the senior vice president now owns 15,299 shares of the company’s stock, valued at approximately $795,395.01. This trade represents a 14.05 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CAO Tonya L. Mater sold 3,120 shares of the company’s stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $51.90, for a total transaction of $161,928.00. Following the sale, the chief accounting officer now directly 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 quarter, insiders have sold 9,520 shares of company stock worth $502,581. Insiders own 2.13% of the company’s stock.

EPR Properties Stock Down 0.9 %

Shares of NYSE:EPR opened at $51.32 on Friday. The company has a market capitalization of $3.90 billion, a PE ratio of 22.22 and a beta of 1.72. EPR Properties has a 1 year low of $39.66 and a 1 year high of $54.25. The company has a debt-to-equity ratio of 1.19, a current ratio of 7.81 and a quick ratio of 7.81. The business has a fifty day moving average price of $49.67 and a two-hundred day moving average price of $47.38.

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

EPR Properties Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, April 15th. Investors 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 6.90%. The ex-dividend date is Monday, March 31st. This is a boost from EPR Properties’s previous monthly dividend of $0.29. EPR Properties’s payout ratio is 221.25%.

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.