Northern Trust Corp Increases Position in EPR Properties (NYSE:EPR)

Northern Trust Corp grew its holdings in shares of EPR Properties (NYSE:EPR) by 30.6% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 844,940 shares of the real estate investment trust’s stock after buying an additional 198,019 shares during the quarter. Northern Trust Corp owned 1.12% of EPR Properties worth $37,414,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Wealthfront Advisers LLC purchased a new stake in EPR Properties in the fourth quarter worth $302,313,000. Norges Bank purchased a new position in EPR Properties in the 4th quarter worth about $41,148,000. American Century Companies Inc. lifted its holdings in EPR Properties by 44.6% during the 4th quarter. American Century Companies Inc. now owns 1,085,947 shares of the real estate investment trust’s stock valued at $48,086,000 after buying an additional 334,943 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in EPR Properties in the 4th quarter valued at about $13,145,000. Finally, LSV Asset Management grew its stake in EPR Properties by 12.3% in the 4th quarter. LSV Asset Management now owns 1,129,098 shares of the real estate investment trust’s stock worth $49,996,000 after acquiring an additional 123,400 shares in the last quarter. 74.66% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at EPR Properties

In other EPR Properties 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 transaction of $210,678.00. Following the sale, the senior vice president now owns 8,216 shares in the company, valued at approximately $443,828.32. The trade was a 32.19 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Tonya L. Mater sold 3,120 shares of the firm’s 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 transaction, the chief accounting officer now owns 46,827 shares of the company’s stock, valued at approximately $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. Insiders sold 9,520 shares of company stock valued at $502,581 in the last three months. 2.31% of the stock is owned by insiders.

EPR Properties Trading Up 2.4 %

NYSE:EPR opened at $52.92 on Friday. The stock has a market capitalization of $4.03 billion, a price-to-earnings ratio of 22.91 and a beta of 1.26. EPR Properties has a 52 week low of $39.87 and a 52 week high of $54.25. 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 firm has a 50 day moving average of $49.99 and a 200 day moving average of $47.53.

EPR Properties (NYSE:EPR) last issued its quarterly earnings data on Wednesday, May 7th. The real estate investment trust reported $1.21 EPS for the quarter, beating 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 firm had revenue of $146.36 million during the quarter, compared to analyst estimates of $155.46 million. During the same quarter in the prior year, the business posted $1.12 EPS. The business’s revenue for the quarter was up 4.7% compared to the same quarter last year. As a group, sell-side analysts anticipate that EPR Properties will post 4.65 earnings per share for the current fiscal year.

EPR Properties Dividend Announcement

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

Analysts Set New Price Targets

EPR has been the subject of several research analyst reports. Royal Bank of Canada lifted their price target on shares of EPR Properties from $50.00 to $58.00 and gave the company an “outperform” rating in a research note on Thursday, March 6th. Truist Financial lifted their target price on EPR Properties from $51.00 to $53.00 and gave the company a “hold” rating in a research report on Monday, March 24th. Stifel Nicolaus raised their price target 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, Wells Fargo & Company upped their price objective on shares of EPR Properties from $45.00 to $52.00 and gave the stock an “underweight” rating in a research note on Monday, March 10th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, EPR Properties 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.