New Age Alpha Advisors LLC Invests $3.93 Million in EPR Properties (NYSE:EPR)

New Age Alpha Advisors LLC purchased a new stake in shares of EPR Properties (NYSE:EPR) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 88,741 shares of the real estate investment trust’s stock, valued at approximately $3,929,000. New Age Alpha Advisors LLC owned about 0.12% of EPR Properties as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in shares of EPR Properties in the 4th quarter worth approximately $41,148,000. JPMorgan Chase & Co. raised its position in EPR Properties by 1.8% in the 4th quarter. JPMorgan Chase & Co. now owns 685,542 shares of the real estate investment trust’s stock valued at $30,356,000 after purchasing an additional 12,425 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp boosted its stake in EPR Properties by 13.5% in the fourth quarter. Mitsubishi UFJ Trust & Banking Corp now owns 151,931 shares of the real estate investment trust’s stock worth $6,728,000 after purchasing an additional 18,127 shares in the last quarter. Fox Run Management L.L.C. bought a new stake in shares of EPR Properties during the fourth quarter worth $281,000. Finally, KLP Kapitalforvaltning AS acquired a new stake in shares of EPR Properties in the fourth quarter valued at $944,000. 74.66% of the stock is owned by institutional investors.

Insider Buying and Selling at EPR Properties

In related news, CAO Tonya L. Mater sold 3,120 shares of the business’s stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $51.90, for a total value 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 approximately $2,430,321.30. The trade was a 6.25 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Gwendolyn Mary Johnson sold 3,900 shares of the firm’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 transaction of $210,678.00. Following the sale, the senior vice president now owns 8,216 shares in the company, valued at $443,828.32. This trade represents a 32.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 9,520 shares of company stock valued at $502,581. Corporate insiders own 2.13% of the company’s stock.

EPR Properties Stock Performance

EPR stock opened at $51.66 on Friday. 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 has a twelve month low of $39.66 and a twelve month high of $54.25. The business’s fifty day moving average is $49.77 and its 200-day moving average is $47.40. The company has a market cap of $3.93 billion, a P/E ratio of 22.37 and a beta of 1.72.

EPR Properties (NYSE:EPR) last issued its earnings results on Wednesday, February 26th. The real estate investment trust reported $1.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.66 by $0.56. The firm had revenue of $149.12 million for the quarter, compared to analysts’ expectations of $161.25 million. EPR Properties had a return on equity of 8.22% and a net margin of 28.87%. Equities research analysts forecast 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. Investors of record on Monday, March 31st will be issued a dividend of $0.295 per share. The ex-dividend date is Monday, March 31st. This represents a $3.54 dividend on an annualized basis and a yield of 6.85%. This is a boost from EPR Properties’s previous monthly dividend of $0.29. EPR Properties’s payout ratio is currently 221.25%.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the stock. Stifel Nicolaus increased their price objective on shares of EPR Properties from $51.00 to $52.00 and gave the stock a “hold” rating in a report on Thursday, February 27th. Truist Financial raised their price target on shares of EPR Properties from $51.00 to $53.00 and gave the company a “hold” rating in a report on Monday, March 24th. Wells Fargo & Company upped their price objective on EPR Properties from $45.00 to $52.00 and gave the stock an “underweight” rating in a report on Monday, March 10th. Finally, Royal Bank of Canada lifted their target price on EPR Properties from $50.00 to $58.00 and gave the company an “outperform” rating in a research note on Thursday, March 6th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $51.00.

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.