Brevan Howard Capital Management LP Takes $432,000 Position in EPR Properties (NYSE:EPR)

Brevan Howard Capital Management LP purchased a new position in EPR Properties (NYSE:EPR) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 9,766 shares of the real estate investment trust’s stock, valued at approximately $432,000.

Several other institutional investors have also added to or reduced their stakes in EPR. Synergy Investment Management LLC purchased a new stake in EPR Properties during the 4th quarter valued at about $27,000. GAMMA Investing LLC boosted its stake in shares of EPR Properties by 36.6% during the fourth quarter. GAMMA Investing LLC now owns 1,127 shares of the real estate investment trust’s stock valued at $50,000 after purchasing an additional 302 shares during the period. Principal Securities Inc. grew its holdings in shares of EPR Properties by 54.5% in the fourth quarter. Principal Securities Inc. now owns 1,296 shares of the real estate investment trust’s stock worth $57,000 after purchasing an additional 457 shares during the last quarter. Brown Brothers Harriman & Co. purchased a new position in shares of EPR Properties in the fourth quarter worth $60,000. Finally, EverSource Wealth Advisors LLC raised its holdings in EPR Properties by 51.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,530 shares of the real estate investment trust’s stock valued at $68,000 after buying an additional 522 shares during the last quarter. 74.66% of the stock is currently owned by hedge funds and other institutional investors.

EPR Properties Stock Performance

Shares of EPR opened at $52.92 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. The stock has a market cap of $4.03 billion, a P/E ratio of 22.91 and a beta of 1.26. The business’s 50 day moving average price is $49.99 and its 200-day moving average price is $47.53. EPR Properties has a 52 week low of $39.87 and a 52 week high of $54.25.

EPR Properties (NYSE:EPR) last released its earnings results on Wednesday, May 7th. The real estate investment trust reported $1.21 EPS for the quarter, topping the consensus estimate of $1.16 by $0.05. EPR Properties had a return on equity of 8.22% and a net margin of 28.87%. The business had revenue of $146.36 million for the quarter, compared to the consensus estimate of $155.46 million. During the same period in the previous year, the company posted $1.12 earnings per share. The company’s revenue for the quarter was up 4.7% compared to the same quarter last year. Equities research analysts anticipate that EPR Properties will post 4.65 earnings per share for the current fiscal year.

EPR Properties Announces Dividend

The company also recently announced a apr 25 dividend, which will be paid on Thursday, May 15th. Shareholders of record on Wednesday, April 30th will be issued a $0.295 dividend. The ex-dividend date is Wednesday, April 30th. This represents a yield of 7.3%. EPR Properties’s dividend payout ratio (DPR) is presently 221.25%.

Wall Street Analysts Forecast Growth

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

Insider Transactions at EPR Properties

In other news, SVP Brian Andrew Moriarty sold 2,500 shares of the company’s stock in a transaction on Monday, March 17th. The stock was sold at an average price of $51.99, for a total transaction 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 represents a 14.05 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CAO Tonya L. Mater sold 3,120 shares of EPR Properties stock in a transaction dated 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 sale, the chief accounting officer now owns 46,827 shares of the company’s stock, valued at $2,430,321.30. The trade was a 6.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 9,520 shares of company stock worth $502,581. Corporate insiders own 2.31% of the company’s stock.

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.