EPR Properties (NYSE:EPR) Stake Lifted by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. raised its stake in EPR Properties (NYSE:EPR) by 7.2% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 100,830 shares of the real estate investment trust’s stock after buying an additional 6,760 shares during the quarter. Nomura Asset Management Co. Ltd. owned approximately 0.13% of EPR Properties worth $4,465,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. 1620 Investment Advisors Inc. grew its position in EPR Properties by 1.5% in the 4th quarter. 1620 Investment Advisors Inc. now owns 15,071 shares of the real estate investment trust’s stock valued at $667,000 after buying an additional 219 shares in the last quarter. Global Retirement Partners LLC raised its position in shares of EPR Properties by 5.9% during the 4th quarter. Global Retirement Partners LLC now owns 4,117 shares of the real estate investment trust’s stock worth $182,000 after buying an additional 228 shares in the last quarter. Kestra Private Wealth Services LLC lifted its stake in shares of EPR Properties by 1.8% in the 4th quarter. Kestra Private Wealth Services LLC now owns 13,739 shares of the real estate investment trust’s stock worth $608,000 after acquiring an additional 249 shares during the period. State of Alaska Department of Revenue boosted its holdings in shares of EPR Properties by 0.6% in the fourth quarter. State of Alaska Department of Revenue now owns 44,677 shares of the real estate investment trust’s stock valued at $1,977,000 after acquiring an additional 251 shares in the last quarter. Finally, GAMMA Investing LLC increased 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 acquiring an additional 302 shares during the period. 74.66% of the stock is currently owned by institutional investors.

Insider Activity at EPR Properties

In other EPR Properties news, SVP Brian Andrew Moriarty sold 2,500 shares of EPR Properties stock in a transaction dated 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 owns 15,299 shares of the company’s stock, valued at $795,395.01. The trade was a 14.05 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CAO Tonya L. Mater sold 3,120 shares of the stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $51.90, for a total transaction of $161,928.00. Following the completion of the sale, the chief accounting officer now directly owns 46,827 shares of the company’s stock, valued at $2,430,321.30. This trade represents a 6.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety 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

NYSE EPR opened at $52.38 on Wednesday. EPR Properties has a 1 year low of $39.66 and a 1 year high of $54.25. The stock’s 50-day moving average price is $49.98 and its two-hundred day moving average price is $47.46. The company has a market cap of $3.98 billion, a PE ratio of 22.67 and a beta of 1.72. The company has a current ratio of 7.81, a quick ratio of 7.81 and a debt-to-equity ratio of 1.19.

EPR Properties (NYSE:EPR) last issued its quarterly earnings results on Wednesday, February 26th. The real estate investment trust reported $1.22 EPS for the quarter, beating the consensus estimate of $0.66 by $0.56. EPR Properties had a net margin of 28.87% and a return on equity of 8.22%. The business had revenue of $149.12 million during the quarter, compared to the consensus estimate of $161.25 million. On average, analysts predict that EPR Properties will post 4.65 EPS for the current year.

EPR Properties Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be issued a dividend of $0.295 per share. This is an increase from EPR Properties’s previous monthly dividend of $0.29. The ex-dividend date is Monday, March 31st. This represents a $3.54 dividend on an annualized basis and a dividend yield of 6.76%. EPR Properties’s payout ratio is currently 221.25%.

Analyst Upgrades and Downgrades

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