EPR Properties (NYSE:EPR) Receives Underweight Rating from Wells Fargo & Company

Wells Fargo & Company restated their underweight rating on shares of EPR Properties (NYSE:EPR) in a report issued on Tuesday, Benzinga reports. They currently have a $47.00 target price on the real estate investment trust’s stock, up from their prior target price of $45.00.

Other equities analysts have also issued research reports about the stock. JPMorgan Chase & Co. boosted their price objective on shares of EPR Properties from $48.00 to $51.00 and gave the stock an overweight rating in a report on Monday, September 9th. StockNews.com cut EPR Properties from a buy rating to a hold rating in a research note on Thursday, August 1st. Royal Bank of Canada upgraded EPR Properties from a sector perform rating to an outperform rating and raised their price objective for the company from $48.00 to $50.00 in a research note on Monday, August 5th. Raymond James raised EPR Properties from an outperform rating to a strong-buy rating and set a $54.00 target price on the stock in a research report on Wednesday, August 21st. Finally, Truist Financial raised their price target on shares of EPR Properties from $44.00 to $46.00 and gave the stock a hold rating in a research report on Friday, August 16th. Two analysts have rated the stock with a sell rating, four have issued a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, EPR Properties currently has an average rating of Hold and an average price target of $48.28.

EPR Properties Trading Down 1.4 %

EPR opened at $48.34 on Tuesday. The firm’s 50 day moving average is $46.56 and its 200-day moving average is $43.26. EPR Properties has a 52-week low of $39.65 and a 52-week high of $50.26. The company has a quick ratio of 11.12, a current ratio of 11.12 and a debt-to-equity ratio of 1.16. The firm has a market capitalization of $3.66 billion, a P/E ratio of 23.81 and a beta of 1.75.

EPR Properties Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, October 15th. Investors of record on Monday, September 30th will be given a dividend of $0.285 per share. This represents a $3.42 annualized dividend and a dividend yield of 7.07%. The ex-dividend date is Monday, September 30th. EPR Properties’s dividend payout ratio is currently 168.47%.

Insider Buying and Selling

In other EPR Properties news, CAO Tonya L. Mater sold 1,000 shares of the business’s stock in a transaction on Wednesday, August 21st. The shares were sold at an average price of $46.00, for a total transaction of $46,000.00. Following the completion of the sale, the chief accounting officer now owns 42,710 shares in the company, valued at $1,964,660. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other news, CAO Tonya L. Mater sold 1,000 shares of EPR Properties stock in a transaction dated 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 of the company’s stock, valued at approximately $1,964,660. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Gwendolyn Mary Johnson sold 592 shares of the business’s stock in a transaction dated Monday, August 5th. The shares were sold at an average price of $43.82, for a total transaction of $25,941.44. Following the sale, the senior vice president now directly owns 5,780 shares of the company’s stock, valued at approximately $253,279.60. The disclosure for this sale can be found here. 2.13% of the stock is currently owned by company insiders.

Institutional Trading of EPR Properties

A number of institutional investors and hedge funds have recently made changes to their positions in EPR. Vermillion & White Wealth Management Group LLC acquired a new position in EPR Properties during the 4th quarter valued at approximately $25,000. GAMMA Investing LLC lifted its stake in EPR Properties by 262.2% in the second quarter. GAMMA Investing LLC now owns 594 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 430 shares during the last quarter. Mather Group LLC. acquired a new position in shares of EPR Properties during the first quarter valued at $36,000. Abich Financial Wealth Management LLC grew its position in shares of 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 worth $38,000 after acquiring an additional 315 shares during the last quarter. Finally, EntryPoint Capital LLC acquired a new stake in shares of EPR Properties in the 1st quarter worth about $47,000. 74.66% of the stock is currently owned by institutional investors and hedge funds.

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.