30,012 Shares in EPR Properties (NYSE:EPR) Acquired by Resona Asset Management Co. Ltd.

Resona Asset Management Co. Ltd. acquired a new stake in EPR Properties (NYSE:EPR) in the 4th quarter, Holdings Channel reports. The firm acquired 30,012 shares of the real estate investment trust’s stock, valued at approximately $1,319,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Empowered Funds LLC acquired a new stake in EPR Properties in the fourth quarter valued at $352,000. JPMorgan Chase & Co. raised its holdings in shares of EPR Properties by 35.7% in the third quarter. JPMorgan Chase & Co. now owns 673,117 shares of the real estate investment trust’s stock worth $33,010,000 after acquiring an additional 177,061 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of EPR Properties by 2.3% in the fourth 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 acquiring an additional 30,401 shares in the last quarter. Kestra Private Wealth Services LLC boosted its stake in shares of EPR Properties by 1.8% during the fourth quarter. Kestra Private Wealth Services LLC now owns 13,739 shares of the real estate investment trust’s stock valued at $608,000 after acquiring an additional 249 shares during the last quarter. Finally, Cyndeo Wealth Partners LLC boosted its stake in shares of EPR Properties by 5.9% during the 4th quarter. Cyndeo Wealth Partners LLC now owns 146,032 shares of the real estate investment trust’s stock worth $6,466,000 after purchasing an additional 8,102 shares during the last quarter. 74.66% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages recently issued reports on EPR. Truist Financial upped their price objective on shares of EPR Properties from $51.00 to $53.00 and gave the company a “hold” rating in a research note on Monday, March 24th. 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 note on Thursday, March 6th. Wells Fargo & Company lifted their price objective on EPR Properties from $45.00 to $52.00 and gave the company an “underweight” rating in a research report on Monday, March 10th. Finally, Stifel Nicolaus increased their target price on EPR Properties from $51.00 to $52.00 and gave the stock a “hold” rating in a research report on Thursday, February 27th. Two investment 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 has an average rating of “Hold” and an average price target of $51.00.

Insider Activity

In other EPR Properties news, SVP Brian Andrew Moriarty sold 2,500 shares of the company’s stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $51.99, for a total value of $129,975.00. Following the completion of the transaction, the senior vice president now owns 15,299 shares in the company, valued at $795,395.01. This represents a 14.05 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Tonya L. Mater sold 3,120 shares of EPR Properties stock in a transaction that occurred 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 sale, the chief accounting officer now owns 46,827 shares in the company, valued at $2,430,321.30. This represents a 6.25 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 9,520 shares of company stock valued at $502,581. Company insiders own 2.13% of the company’s stock.

EPR Properties Price Performance

Shares of EPR Properties stock opened at $46.26 on Friday. The business’s fifty day moving average price is $49.95 and its 200 day moving average price is $47.34. EPR Properties has a twelve month low of $39.66 and a twelve month high of $54.25. The company has a current ratio of 7.81, a quick ratio of 7.81 and a debt-to-equity ratio of 1.19. The stock has a market capitalization of $3.52 billion, a P/E ratio of 20.03 and a beta of 1.30.

EPR Properties (NYSE:EPR) last released its quarterly earnings data on Wednesday, February 26th. The real estate investment trust reported $1.22 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.56. The business had revenue of $149.12 million for the quarter, compared to analyst estimates of $161.25 million. EPR Properties had a return on equity of 8.22% and a net margin of 28.87%. As a group, research analysts anticipate that EPR Properties will post 4.65 earnings per share for the current year.

EPR Properties Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be given a $0.295 dividend. The ex-dividend date is Monday, March 31st. This represents a $3.54 annualized dividend and a dividend yield of 7.65%. This is a positive change from EPR Properties’s previous monthly dividend of $0.29. EPR Properties’s dividend payout ratio is presently 221.25%.

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.