EPR Properties (NYSE:EPR – Get Free Report) was upgraded by research analysts at StockNews.com from a “hold” rating to a “buy” rating in a report released on Monday.
Other equities research analysts have also recently issued research reports about the company. Truist Financial boosted their target price on EPR Properties from $51.00 to $53.00 and gave the stock a “hold” rating in a report on Monday, March 24th. Wells Fargo & Company boosted their target price on EPR Properties from $45.00 to $52.00 and gave the stock an “underweight” rating in a report on Monday, March 10th. Royal Bank of Canada boosted their target price on EPR Properties from $50.00 to $58.00 and gave the stock an “outperform” rating in a report on Thursday, March 6th. Finally, Stifel Nicolaus boosted their target price on EPR Properties from $51.00 to $52.00 and gave the stock a “hold” rating in a report on Thursday, February 27th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $52.00.
Check Out Our Latest Research Report on EPR
EPR Properties Trading Down 1.5%
EPR Properties (NYSE:EPR – Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The real estate investment trust reported $1.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.16 by $0.05. EPR Properties had a return on equity of 8.22% and a net margin of 28.87%. The company had revenue of $146.36 million during the quarter, compared to analyst estimates of $155.46 million. During the same quarter in the previous year, the firm posted $1.12 EPS. The firm’s quarterly revenue was up 4.7% on a year-over-year basis. As a group, research analysts expect that EPR Properties will post 4.65 EPS for the current year.
Insider Activity at EPR Properties
In other news, SVP Brian Andrew Moriarty sold 2,500 shares of the stock in a transaction 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 sale, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Gwendolyn Mary Johnson sold 3,900 shares of the stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $54.02, for a total value of $210,678.00. Following the completion of the sale, the senior vice president now owns 8,216 shares of the company’s stock, valued at $443,828.32. The trade was a 32.19% decrease in their position. The disclosure for this sale can be found here. Insiders sold 9,520 shares of company stock worth $502,581 in the last quarter. 2.31% of the stock is owned by company insiders.
Institutional Trading of EPR Properties
Hedge funds have recently modified their holdings of the business. Caitong International Asset Management Co. Ltd lifted its holdings in shares of EPR Properties by 235.6% in the first quarter. Caitong International Asset Management Co. Ltd now owns 537 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 377 shares in the last quarter. Synergy Investment Management LLC acquired a new position in EPR Properties in the 4th quarter valued at approximately $27,000. Atlantic Edge Private Wealth Management LLC increased its stake in EPR Properties by 88.9% in the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 850 shares of the real estate investment trust’s stock valued at $45,000 after buying an additional 400 shares during the period. GAMMA Investing LLC increased its stake in EPR Properties by 36.6% in the 4th quarter. GAMMA Investing LLC now owns 1,127 shares of the real estate investment trust’s stock valued at $50,000 after buying an additional 302 shares during the period. Finally, Allworth Financial LP increased its stake in EPR Properties by 53.0% in the 1st quarter. Allworth Financial LP now owns 1,135 shares of the real estate investment trust’s stock valued at $55,000 after buying an additional 393 shares during the period. Hedge funds and other institutional investors own 74.66% of the company’s stock.
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.
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