Peter C. Brown Sells 6,500 Shares of EPR Properties (EPR) Stock
EPR Properties (NYSE:EPR) Director Peter C. Brown sold 6,500 shares of the company’s stock in a transaction on Monday, November 7th. The stock was sold at an average price of $70.33, for a total value of $457,145.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
EPR Properties (NYSE:EPR) opened at 66.63 on Friday. The firm’s 50 day moving average is $74.52 and its 200 day moving average is $75.77. EPR Properties has a 12-month low of $53.00 and a 12-month high of $84.67. The company has a market cap of $4.24 billion, a P/E ratio of 21.36 and a beta of 0.71.
EPR Properties (NYSE:EPR) last posted its quarterly earnings data on Wednesday, November 2nd. The company reported $1.23 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.21 by $0.02. EPR Properties had a net margin of 46.29% and a return on equity of 10.16%. The business earned $125.60 million during the quarter, compared to the consensus estimate of $120.35 million. During the same period in the previous year, the firm posted $1.17 earnings per share. The business’s revenue for the quarter was up 16.0% compared to the same quarter last year. Equities research analysts anticipate that EPR Properties will post $4.78 EPS for the current fiscal year.
The firm also recently announced a oct 16 dividend, which will be paid on Tuesday, November 15th. Investors of record on Monday, October 31st will be issued a dividend of $0.32 per share. The ex-dividend date is Thursday, October 27th. This represents a dividend yield of 5.09%. EPR Properties’s dividend payout ratio (DPR) is presently 122.68%.
Several hedge funds and other institutional investors have recently modified their holdings of the company. Capital Analysts LLC boosted its position in shares of EPR Properties by 1.0% in the second quarter. Capital Analysts LLC now owns 1,287 shares of the company’s stock valued at $104,000 after buying an additional 13 shares during the period. Meeder Asset Management Inc. acquired a new position in shares of EPR Properties during the second quarter valued at about $200,000. Sumitomo Mitsui Asset Management Company LTD acquired a new position in shares of EPR Properties during the third quarter valued at about $205,000. Brinker Capital Inc. acquired a new position in shares of EPR Properties during the second quarter valued at about $207,000. Finally, Timber Hill LLC acquired a new position in shares of EPR Properties during the second quarter valued at about $213,000. 97.50% of the stock is owned by hedge funds and other institutional investors.
Several research analysts recently weighed in on EPR shares. Citigroup Inc. upped their target price on shares of EPR Properties from $78.00 to $80.00 and gave the stock a “neutral” rating in a report on Friday, August 12th. Royal Bank Of Canada upped their target price on shares of EPR Properties from $70.00 to $88.00 and gave the stock an “outperform” rating in a report on Thursday, August 4th. FBR & Co reaffirmed a “marketperform” rating and issued a $80.00 target price on shares of EPR Properties in a report on Tuesday, October 11th. RBC Capital Markets reaffirmed an “outperform” rating and issued a $88.00 target price (up previously from $70.00) on shares of EPR Properties in a report on Thursday, August 4th. Finally, KeyCorp raised shares of EPR Properties from a “sector weight” rating to an “overweight” rating in a report on Thursday, July 14th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. EPR Properties has a consensus rating of “Buy” and an average target price of $83.83.
About EPR Properties
EPR Properties (EPR) is a self-administered real estate investment trust (REIT). The Company’s investment portfolio includes entertainment, education and recreation properties. The Company operates in four segments: Entertainment, Education, Recreation and Other. The Company’s Entertainment segment consists of investments in megaplex theatres, entertainment retail centers, family entertainment centers and other retail parcels.
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