EPR Properties (NYSE:EPR) Price Target Raised to $52.00 at Wells Fargo & Company

EPR Properties (NYSE:EPR) had its price target increased by Wells Fargo & Company from $45.00 to $52.00 in a research report issued on Monday,Benzinga reports. The brokerage presently has an “underweight” rating on the real estate investment trust’s stock. Wells Fargo & Company‘s price objective suggests a potential downside of 3.20% from the stock’s previous close.

A number of other analysts have also recently weighed in on the company. Royal Bank of Canada increased their price target on EPR Properties from $50.00 to $58.00 and gave the stock an “outperform” rating in a research report on Thursday. Stifel Nicolaus raised their target price on EPR Properties from $51.00 to $52.00 and gave the company a “hold” rating in a research note on Thursday, February 27th. Finally, UBS Group began coverage on shares of EPR Properties in a report on Thursday, November 14th. They set a “neutral” rating and a $48.00 price target for the company. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $50.13.

EPR Properties Stock Performance

EPR stock traded up $0.52 during trading on Monday, hitting $53.72. 86,246 shares of the company’s stock traded hands, compared to its average volume of 675,031. The stock has a market capitalization of $4.09 billion, a price-to-earnings ratio of 23.25 and a beta of 1.72. EPR Properties has a 52 week low of $39.65 and a 52 week high of $54.25. The stock has a fifty day moving average price of $47.79 and a two-hundred day moving average price of $46.96. The company has a quick ratio of 7.81, a current ratio of 7.81 and a debt-to-equity ratio of 1.19.

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 for the quarter, beating analysts’ consensus estimates of $0.66 by $0.56. EPR Properties had a net margin of 28.87% and a return on equity of 8.22%. The business had revenue of $149.12 million during the quarter, compared to the consensus estimate of $161.25 million. As a group, equities analysts anticipate that EPR Properties will post 4.65 EPS for the current fiscal year.

Insider Buying and Selling at EPR Properties

In other EPR Properties news, SVP Gwendolyn Mary Johnson sold 3,900 shares of the company’s stock in a transaction that occurred on Monday, March 3rd. The stock was 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 directly owns 8,216 shares in the company, valued at $443,828.32. This represents a 32.19 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 2.13% of the stock is owned by corporate insiders.

Institutional Trading of EPR Properties

Several institutional investors have recently modified their holdings of the company. Wealthfront Advisers LLC bought a new position in EPR Properties during the fourth quarter valued at about $302,313,000. Geode Capital Management LLC boosted its position in shares of EPR Properties by 0.5% during the 3rd quarter. Geode Capital Management LLC now owns 1,425,119 shares of the real estate investment trust’s stock valued at $69,904,000 after purchasing an additional 7,429 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of EPR Properties by 2.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,380,301 shares of the real estate investment trust’s stock valued at $61,120,000 after purchasing an additional 30,401 shares in the last quarter. Bank of New York Mellon Corp raised its holdings 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, LSV Asset Management lifted its stake in EPR Properties by 12.3% during the fourth quarter. LSV Asset Management now owns 1,129,098 shares of the real estate investment trust’s stock valued at $49,996,000 after purchasing an additional 123,400 shares during the last quarter. Institutional investors and hedge funds own 74.66% of the company’s stock.

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.