PFG Advisors Has $1.73 Million Position in EPR Properties (NYSE:EPR)

PFG Advisors lowered its holdings in EPR Properties (NYSE:EPR) by 0.8% in the 4th quarter, HoldingsChannel.com reports. The firm owned 38,970 shares of the real estate investment trust’s stock after selling 300 shares during the quarter. PFG Advisors’ holdings in EPR Properties were worth $1,726,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the business. Wealthfront Advisers LLC acquired a new stake in EPR Properties in the 4th quarter valued at $302,313,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in EPR Properties by 40.5% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 42,285 shares of the real estate investment trust’s stock worth $1,872,000 after acquiring an additional 12,190 shares during the last quarter. AlphaQuest LLC purchased a new position in EPR Properties during the 4th quarter worth $1,559,000. Amundi boosted its holdings in EPR Properties by 2.9% during the 4th quarter. Amundi now owns 42,088 shares of the real estate investment trust’s stock worth $1,891,000 after acquiring an additional 1,172 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its holdings in EPR Properties by 25.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 5,044 shares of the real estate investment trust’s stock worth $223,000 after acquiring an additional 1,030 shares during the last quarter. Institutional investors and hedge funds own 74.66% of the company’s stock.

Insider Activity at EPR Properties

In related news, SVP Gwendolyn Mary Johnson sold 3,900 shares of the business’s stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $54.02, for a total value of $210,678.00. Following the sale, the senior vice president now directly owns 8,216 shares in the company, valued at approximately $443,828.32. The trade was a 32.19 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 2.13% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of equities analysts have issued reports on EPR shares. UBS Group started coverage on shares of EPR Properties in a report on Thursday, November 14th. They set a “neutral” rating and a $48.00 price objective on the stock. Royal Bank of Canada lifted their price objective on shares of EPR Properties from $50.00 to $58.00 and gave the stock an “outperform” rating in a report on Thursday, March 6th. Wells Fargo & Company lifted their price objective on shares of EPR Properties from $45.00 to $52.00 and gave the stock an “underweight” rating in a report on Monday. Finally, Stifel Nicolaus lifted 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. Two equities research 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 company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $50.13.

EPR Properties Price Performance

Shares of NYSE:EPR opened at $51.46 on Thursday. The company’s 50-day moving average is $48.25 and its 200 day moving average is $47.07. 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 market capitalization of $3.91 billion, a P/E ratio of 22.28 and a beta of 1.71. EPR Properties has a fifty-two week low of $39.65 and a fifty-two week high of $54.25.

EPR Properties (NYSE:EPR) last issued its quarterly earnings results on Wednesday, February 26th. The real estate investment trust reported $1.22 earnings per share for the quarter, topping analysts’ consensus estimates of $0.66 by $0.56. The company had revenue of $149.12 million for the quarter, compared to the consensus estimate of $161.25 million. EPR Properties had a net margin of 28.87% and a return on equity of 8.22%. On average, equities research analysts forecast 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. Investors of record on Monday, March 31st will be paid a $0.295 dividend. This is a boost from EPR Properties’s previous monthly dividend of $0.29. This represents a $3.54 dividend on an annualized basis and a yield of 6.88%. The ex-dividend date of this dividend is Monday, March 31st. EPR Properties’s payout ratio is currently 221.25%.

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.