Truist Financial Increases EPR Properties (NYSE:EPR) Price Target to $53.00

EPR Properties (NYSE:EPR) had its price objective hoisted by equities research analysts at Truist Financial from $51.00 to $53.00 in a report released on Monday,Benzinga reports. The firm presently has a “hold” rating on the real estate investment trust’s stock. Truist Financial’s price target would suggest a potential upside of 3.22% from the company’s current price.

Other equities research analysts have also recently issued reports about the company. Stifel Nicolaus raised their target price on EPR Properties from $51.00 to $52.00 and gave the company a “hold” rating in a research note on Thursday, February 27th. Wells Fargo & Company raised their price target 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. Finally, Royal Bank of Canada increased their price objective on EPR Properties from $50.00 to $58.00 and gave the stock an “outperform” rating in a report on Thursday, March 6th. Two analysts have rated the stock with a sell rating, five have given a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $51.00.

EPR Properties Stock Down 0.5 %

EPR opened at $51.35 on Monday. The firm has a market cap of $3.91 billion, a P/E ratio of 22.23 and a beta of 1.72. EPR Properties has a 52 week low of $39.66 and a 52 week high of $54.25. The company has a quick ratio of 7.81, a current ratio of 7.81 and a debt-to-equity ratio of 1.19. The business’s fifty day simple moving average is $49.21 and its 200 day simple moving average is $47.26.

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

Insider Buying and Selling at EPR Properties

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

Institutional Investors Weigh In On EPR Properties

Institutional investors and hedge funds have recently modified their holdings of the stock. Wealth Enhancement Advisory Services LLC raised its position in shares of EPR Properties by 3.0% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 15,271 shares of the real estate investment trust’s stock worth $676,000 after purchasing an additional 450 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in EPR Properties in the 4th quarter worth about $4,412,000. AlphaCore Capital LLC purchased a new stake in EPR Properties during the fourth quarter valued at about $410,000. Formidable Asset Management LLC acquired a new position in shares of EPR Properties in the fourth quarter worth about $425,000. Finally, GF Fund Management CO. LTD. acquired a new position in shares of EPR Properties in the fourth quarter worth about $61,000. Institutional investors and hedge funds own 74.66% of the company’s stock.

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.