MRP Capital Investments LLC Acquires 401 Shares of EPR Properties (NYSE:EPR)

MRP Capital Investments LLC grew its position in shares of EPR Properties (NYSE:EPR) by 9.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,446 shares of the real estate investment trust’s stock after buying an additional 401 shares during the quarter. MRP Capital Investments LLC’s holdings in EPR Properties were worth $197,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Wealthfront Advisers LLC purchased a new stake in shares of EPR Properties in the 4th quarter worth $302,313,000. Geode Capital Management LLC increased its stake in shares of EPR Properties by 0.5% in the 3rd quarter. Geode Capital Management LLC now owns 1,425,119 shares of the real estate investment trust’s stock worth $69,904,000 after purchasing an additional 7,429 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of EPR Properties by 2.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,380,301 shares of the real estate investment trust’s stock worth $61,120,000 after purchasing an additional 30,401 shares in the last quarter. Bank of New York Mellon Corp increased its stake in shares of EPR Properties by 5.6% in the 4th quarter. Bank of New York Mellon Corp now owns 1,145,267 shares of the real estate investment trust’s stock worth $50,712,000 after purchasing an additional 60,953 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its stake in shares of EPR Properties by 35.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 673,117 shares of the real estate investment trust’s stock worth $33,010,000 after purchasing an additional 177,061 shares in the last quarter. 74.66% of the stock is currently owned by hedge funds and other institutional investors.

EPR Properties Stock Up 0.6 %

EPR opened at $51.61 on Friday. EPR Properties has a fifty-two week low of $39.66 and a fifty-two week high of $54.25. The company has a debt-to-equity ratio of 1.19, a quick ratio of 7.81 and a current ratio of 7.81. The company has a fifty day moving average of $49.07 and a two-hundred day moving average of $47.24. The stock has a market capitalization of $3.93 billion, a price-to-earnings ratio of 22.34 and a beta of 1.72.

EPR Properties (NYSE:EPR) last announced its quarterly earnings data on Wednesday, February 26th. The real estate investment trust reported $1.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.56. The company had revenue of $149.12 million during the quarter, compared to analysts’ expectations of $161.25 million. EPR Properties had a net margin of 28.87% and a return on equity of 8.22%. On average, research analysts expect that EPR Properties will post 4.65 earnings per share for the current year.

EPR Properties Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be given a $0.295 dividend. The ex-dividend date is Monday, March 31st. This is an increase from EPR Properties’s previous monthly dividend of $0.29. This represents a $3.54 dividend on an annualized basis and a dividend yield of 6.86%. EPR Properties’s dividend payout ratio is currently 221.25%.

Insider Buying and Selling 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 shares were sold at an average price of $51.99, for a total value of $129,975.00. Following the transaction, the senior vice president now directly owns 15,299 shares of the company’s stock, valued at $795,395.01. This trade represents a 14.05 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO Tonya L. Mater sold 3,120 shares of the stock in a transaction 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 transaction, the chief accounting officer now directly owns 46,827 shares in the company, valued at $2,430,321.30. This trade represents a 6.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 9,520 shares of company stock valued at $502,581. Insiders own 2.13% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently commented on EPR. Stifel Nicolaus upped their price objective on EPR Properties from $51.00 to $52.00 and gave the stock a “hold” rating in a research note on Thursday, February 27th. Truist Financial increased their price target on EPR Properties from $46.00 to $51.00 and gave the stock a “hold” rating in a research note on Tuesday. Royal Bank of Canada increased their price objective on shares of EPR Properties from $50.00 to $58.00 and gave the company an “outperform” rating in a report on Thursday, March 6th. Finally, Wells Fargo & Company increased their price objective on shares of EPR Properties from $45.00 to $52.00 and gave the company an “underweight” rating in a report on Monday, March 10th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, EPR Properties presently has an average rating of “Hold” and an average price target of $50.75.

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.