Proficio Capital Partners LLC Invests $1.03 Million in EPR Properties (NYSE:EPR)

Proficio Capital Partners LLC acquired a new position in shares of EPR Properties (NYSE:EPR) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 23,203 shares of the real estate investment trust’s stock, valued at approximately $1,027,000.

Other hedge funds have also modified their holdings of the company. Brooklyn Investment Group purchased a new position in shares of EPR Properties during the 3rd quarter worth approximately $27,000. Synergy Investment Management LLC purchased a new position in shares of EPR Properties during the 4th quarter worth approximately $27,000. GAMMA Investing LLC increased its stake in shares of EPR Properties by 36.6% during the 4th quarter. GAMMA Investing LLC now owns 1,127 shares of the real estate investment trust’s stock worth $50,000 after purchasing an additional 302 shares in the last quarter. Principal Securities Inc. increased its stake in shares of EPR Properties by 54.5% during the 4th quarter. Principal Securities Inc. now owns 1,296 shares of the real estate investment trust’s stock worth $57,000 after purchasing an additional 457 shares in the last quarter. Finally, Venturi Wealth Management LLC increased its stake in shares of EPR Properties by 43.6% during the 4th 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. 74.66% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at EPR Properties

In related news, SVP Brian Andrew Moriarty sold 2,500 shares of the stock in a transaction on 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 directly owns 15,299 shares in the company, valued at approximately $795,395.01. This represents a 14.05 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Gwendolyn Mary Johnson sold 3,900 shares of the stock in a transaction on 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 of the company’s stock, valued at approximately $443,828.32. This represents a 32.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 9,520 shares of company stock worth $502,581. Corporate insiders own 2.13% of the company’s stock.

Analyst Ratings Changes

Several analysts have commented on EPR shares. Truist Financial lifted their target price on shares of EPR Properties from $46.00 to $51.00 and gave the stock a “hold” rating in a research note on Tuesday. Stifel Nicolaus lifted their target price on shares of EPR Properties from $51.00 to $52.00 and gave the stock a “hold” rating in a research note on Thursday, February 27th. Wells Fargo & Company lifted their target price on shares of EPR Properties from $45.00 to $52.00 and gave the stock an “underweight” rating in a research note on Monday, March 10th. Finally, Royal Bank of Canada lifted their target price 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 issued 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 currently has a consensus rating of “Hold” and a consensus price target of $50.75.

EPR Properties Trading Down 0.5 %

EPR stock opened at $51.35 on Friday. The company has a market cap of $3.91 billion, a price-to-earnings ratio of 22.23 and a beta of 1.72. 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 has a fifty day simple moving average of $49.21 and a 200-day simple moving average of $47.27. EPR Properties has a 52 week low of $39.66 and a 52 week high of $54.25.

EPR Properties (NYSE:EPR) last released its quarterly earnings data on Wednesday, February 26th. The real estate investment trust reported $1.22 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 return on equity of 8.22% and a net margin of 28.87%. On average, equities research analysts expect that EPR Properties will post 4.65 EPS for the current year.

EPR Properties Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be issued a dividend of $0.295 per share. This represents a $3.54 dividend on an annualized basis and a dividend yield of 6.89%. This is an increase from EPR Properties’s previous monthly dividend of $0.29. The ex-dividend date is Monday, March 31st. EPR Properties’s dividend payout ratio is presently 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.