Y Intercept Hong Kong Ltd Acquires Shares of 17,967 EPR Properties $EPR

Y Intercept Hong Kong Ltd bought a new stake in EPR Properties (NYSE:EPR) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 17,967 shares of the real estate investment trust’s stock, valued at approximately $1,042,000.

Several other hedge funds have also recently modified their holdings of the stock. QRG Capital Management Inc. grew its holdings in shares of EPR Properties by 15.0% during the second quarter. QRG Capital Management Inc. now owns 93,541 shares of the real estate investment trust’s stock worth $5,450,000 after buying an additional 12,173 shares in the last quarter. Los Angeles Capital Management LLC acquired a new position in EPR Properties during the second quarter worth about $1,304,000. Allianz Asset Management GmbH boosted its position in EPR Properties by 22.5% during the second quarter. Allianz Asset Management GmbH now owns 402,075 shares of the real estate investment trust’s stock worth $23,425,000 after acquiring an additional 73,929 shares during the last quarter. Allspring Global Investments Holdings LLC purchased a new stake in EPR Properties during the 3rd quarter valued at about $11,666,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al raised its holdings in EPR Properties by 35.4% in the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 203,532 shares of the real estate investment trust’s stock valued at $11,807,000 after acquiring an additional 53,200 shares during the last quarter. Institutional investors and hedge funds own 74.66% of the company’s stock.

Insider Buying and Selling at EPR Properties

In other news, EVP Gregory E. Zimmerman sold 7,500 shares of the business’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $52.25, for a total value of $391,875.00. Following the sale, the executive vice president directly owned 64,251 shares of the company’s stock, valued at approximately $3,357,114.75. The trade was a 10.45% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.31% of the stock is currently owned by corporate insiders.

EPR Properties Price Performance

NYSE:EPR opened at $54.26 on Friday. EPR Properties has a 52 week low of $41.75 and a 52 week high of $61.24. The stock’s fifty day moving average is $51.91 and its two-hundred day moving average is $53.58. The company has a market capitalization of $4.13 billion, a P/E ratio of 23.69, a P/E/G ratio of 3.19 and a beta of 0.94. The company has a quick ratio of 7.21, a current ratio of 7.21 and a debt-to-equity ratio of 1.19.

EPR Properties (NYSE:EPR) last issued its quarterly earnings data on Wednesday, October 29th. The real estate investment trust reported $1.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.32 by $0.07. The firm had revenue of $182.31 million during the quarter, compared to the consensus estimate of $181.78 million. EPR Properties had a return on equity of 8.58% and a net margin of 28.01%.The company’s quarterly revenue was up 1.0% on a year-over-year basis. During the same period last year, the company earned $1.30 EPS. Equities analysts expect that EPR Properties will post 4.65 EPS for the current year.

EPR Properties Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, February 17th. Shareholders of record on Friday, January 30th will be given a dividend of $0.295 per share. The ex-dividend date is Friday, January 30th. This represents a c) dividend on an annualized basis and a dividend yield of 6.5%. EPR Properties’s dividend payout ratio (DPR) is currently 154.59%.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the company. Weiss Ratings restated a “buy (b-)” rating on shares of EPR Properties in a research report on Monday, December 29th. Royal Bank Of Canada reissued a “sector perform” rating and set a $58.00 price objective on shares of EPR Properties in a research note on Friday. Truist Financial raised their target price on EPR Properties from $55.00 to $57.00 and gave the stock a “hold” rating in a research note on Tuesday, November 18th. JPMorgan Chase & Co. reduced their price target on EPR Properties from $65.00 to $58.00 and set an “overweight” rating on the stock in a report on Tuesday, December 2nd. Finally, Wall Street Zen lowered shares of EPR Properties from a “buy” rating to a “hold” rating in a report on Saturday, November 1st. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, EPR Properties has an average rating of “Moderate Buy” and an average price target of $58.36.

EPR Properties Profile

EPR Properties is a real estate investment trust that specializes in experiential properties across the United States, Canada and select international markets. Established in 1997 and headquartered in Kansas City, Missouri, the company targets properties in the entertainment, recreation and education sectors. Its portfolio includes movie theaters, ski resorts, family entertainment centers, charter schools and other venues that benefit from consumer-driven experiences.

The trust employs long-term, triple-net lease agreements, where tenants are responsible for real estate taxes, insurance and maintenance.