Peter C. Brown Sells 2,000 Shares of EPR Properties (EPR) Stock
EPR Properties (NYSE:EPR) Director Peter C. Brown sold 2,000 shares of the business’s stock in a transaction that occurred on Thursday, December 6th. The stock was sold at an average price of $70.37, for a total value of $140,740.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Shares of NYSE EPR opened at $70.71 on Friday. The company has a debt-to-equity ratio of 1.02, a current ratio of 5.57 and a quick ratio of 5.57. EPR Properties has a twelve month low of $51.87 and a twelve month high of $72.18. The company has a market capitalization of $5.30 billion, a price-to-earnings ratio of 11.88, a PEG ratio of 4.63 and a beta of 0.45.
EPR Properties (NYSE:EPR) last issued its quarterly earnings data on Monday, October 29th. The real estate investment trust reported $1.07 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.89 by $0.18. EPR Properties had a return on equity of 9.62% and a net margin of 40.84%. The company had revenue of $176.40 million during the quarter, compared to analysts’ expectations of $157.09 million. During the same quarter in the previous year, the business earned $1.22 earnings per share. The firm’s revenue for the quarter was up 16.5% on a year-over-year basis. As a group, sell-side analysts anticipate that EPR Properties will post 6.07 earnings per share for the current year.
A number of equities research analysts have weighed in on the company. Citigroup boosted their price objective on EPR Properties from $65.00 to $70.00 and gave the company a “hold” rating in a research note on Thursday, November 1st. Raymond James upgraded EPR Properties from a “market perform” rating to an “outperform” rating and set a $76.00 price objective for the company in a research note on Thursday. Zacks Investment Research upgraded EPR Properties from a “hold” rating to a “buy” rating and set a $76.00 price objective for the company in a research note on Wednesday, October 3rd. ValuEngine upgraded EPR Properties from a “sell” rating to a “hold” rating in a research note on Tuesday, October 2nd. Finally, Royal Bank of Canada reiterated a “buy” rating and issued a $71.00 price objective on shares of EPR Properties in a research note on Wednesday, August 15th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the company. EPR Properties currently has a consensus rating of “Hold” and an average target price of $71.28.
Several large investors have recently added to or reduced their stakes in EPR. First Hawaiian Bank acquired a new position in shares of EPR Properties in the third quarter valued at approximately $113,000. Qube Research & Technologies Ltd acquired a new position in shares of EPR Properties in the second quarter valued at approximately $143,000. Sun Life Financial INC acquired a new position in shares of EPR Properties in the second quarter valued at approximately $204,000. UMB Bank N A MO acquired a new position in shares of EPR Properties in the third quarter valued at approximately $207,000. Finally, Independent Advisor Alliance acquired a new position in shares of EPR Properties in the third quarter valued at approximately $218,000. 89.50% of the stock is currently owned by institutional investors and hedge funds.
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About EPR Properties
EPR Properties is a specialty real estate investment trust (REIT) that invests in properties in select market segments which require unique industry knowledge, while offering the potential for stable and attractive returns. Our total investments exceed $6.7 billion and our primary investment segments are Entertainment, Recreation and Education.
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