Insider Selling: EPR Properties (NYSE:EPR) SVP Sells $25,941.44 in Stock

EPR Properties (NYSE:EPR) SVP Gwendolyn Mary Johnson sold 592 shares of the company’s stock in a transaction on Monday, August 5th. The shares were sold at an average price of $43.82, for a total value of $25,941.44. Following the transaction, the senior vice president now directly owns 5,780 shares in the company, valued at $253,279.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

EPR Properties Trading Down 1.0 %

Shares of EPR stock opened at $43.58 on Friday. The company has a debt-to-equity ratio of 1.16, a current ratio of 11.12 and a quick ratio of 8.45. The company has a market cap of $3.30 billion, a price-to-earnings ratio of 21.47 and a beta of 1.73. EPR Properties has a 1 year low of $39.65 and a 1 year high of $49.10. The firm has a fifty day moving average price of $42.38 and a 200-day moving average price of $42.12.

EPR Properties Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Thursday, August 15th. Shareholders of record on Wednesday, July 31st will be issued a dividend of $0.285 per share. This represents a $3.42 annualized dividend and a yield of 7.85%. The ex-dividend date of this dividend is Wednesday, July 31st. EPR Properties’s dividend payout ratio is presently 168.47%.

Institutional Trading of EPR Properties

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Wellington Management Group LLP grew its stake in shares of EPR Properties by 290.3% during the 4th quarter. Wellington Management Group LLP now owns 1,691,029 shares of the real estate investment trust’s stock valued at $81,930,000 after acquiring an additional 1,257,791 shares during the period. Norges Bank bought a new position in shares of EPR Properties in the fourth quarter worth approximately $42,761,000. Swedbank AB purchased a new stake in shares of EPR Properties in the first quarter worth $7,429,000. Vanguard Group Inc. raised its position in shares of EPR Properties by 1.0% during the 1st quarter. Vanguard Group Inc. now owns 11,366,416 shares of the real estate investment trust’s stock valued at $482,504,000 after purchasing an additional 109,144 shares during the period. Finally, Lighthouse Investment Partners LLC raised its position in shares of EPR Properties by 75.0% during the 4th quarter. Lighthouse Investment Partners LLC now owns 175,000 shares of the real estate investment trust’s stock valued at $8,479,000 after purchasing an additional 75,000 shares during the period. Hedge funds and other institutional investors own 74.66% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on EPR shares. JMP Securities reissued a “market perform” rating on shares of EPR Properties in a research report on Friday, June 14th. Stifel Nicolaus increased their price objective on shares of EPR Properties from $42.50 to $47.50 and gave the company a “hold” rating in a research report on Thursday, August 1st. Royal Bank of Canada upgraded shares of EPR Properties from a “sector perform” rating to an “outperform” rating and raised their target price for the stock from $48.00 to $50.00 in a report on Monday. Bank of America lowered shares of EPR Properties from a “neutral” rating to an “underperform” rating and decreased their target price for the company from $45.00 to $40.00 in a research note on Monday, May 20th. Finally, StockNews.com downgraded EPR Properties from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $47.50.

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.