Wedge Capital Management L L P NC Raises Stock Holdings in EPR Properties (NYSE:EPR)

Wedge Capital Management L L P NC increased its position in EPR Properties (NYSE:EPR) by 4.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 51,124 shares of the real estate investment trust’s stock after purchasing an additional 2,005 shares during the quarter. Wedge Capital Management L L P NC owned approximately 0.07% of EPR Properties worth $2,477,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of EPR. AE Wealth Management LLC bought a new position in EPR Properties in the third quarter worth approximately $286,000. SG Americas Securities LLC boosted its position in EPR Properties by 98.4% during the 3rd quarter. SG Americas Securities LLC now owns 36,476 shares of the real estate investment trust’s stock valued at $1,515,000 after acquiring an additional 18,087 shares in the last quarter. Oak Thistle LLC boosted its position in EPR Properties by 160.4% during the 3rd quarter. Oak Thistle LLC now owns 11,997 shares of the real estate investment trust’s stock valued at $498,000 after acquiring an additional 7,389 shares in the last quarter. Commonwealth Equity Services LLC boosted its position in EPR Properties by 6.3% during the 3rd quarter. Commonwealth Equity Services LLC now owns 121,063 shares of the real estate investment trust’s stock valued at $5,029,000 after acquiring an additional 7,208 shares in the last quarter. Finally, All Season Financial Advisors Inc. boosted its position in EPR Properties by 4.9% during the 3rd quarter. All Season Financial Advisors Inc. now owns 9,662 shares of the real estate investment trust’s stock valued at $401,000 after acquiring an additional 453 shares in the last quarter. Institutional investors own 74.66% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on EPR shares. Truist Financial dropped their target price on EPR Properties from $51.00 to $46.00 and set a “hold” rating on the stock in a research report on Friday, March 22nd. StockNews.com cut EPR Properties from a “buy” rating to a “hold” rating in a research report on Wednesday, January 17th. Raymond James raised their price objective on EPR Properties from $50.00 to $54.00 and gave the stock an “outperform” rating in a research report on Monday, January 8th. Royal Bank of Canada raised their price objective on EPR Properties from $48.00 to $51.00 and gave the stock a “sector perform” rating in a research report on Thursday, January 11th. Finally, JMP Securities lowered EPR Properties from an “outperform” rating to a “market perform” rating in a research note on Monday, January 22nd. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $48.05.

EPR Properties Stock Performance

NYSE EPR opened at $41.15 on Thursday. The stock has a 50-day simple moving average of $41.63 and a two-hundred day simple moving average of $43.87. The firm has a market capitalization of $3.11 billion, a P/E ratio of 20.89 and a beta of 1.65. EPR Properties has a fifty-two week low of $39.01 and a fifty-two week high of $49.10. The company has a debt-to-equity ratio of 1.15, a quick ratio of 7.53 and a current ratio of 7.53.

EPR Properties Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Tuesday, April 30th will be paid a dividend of $0.285 per share. The ex-dividend date of this dividend is Monday, April 29th. This represents a $3.42 dividend on an annualized basis and a dividend yield of 8.31%. EPR Properties’s payout ratio is currently 173.60%.

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.