EPR Properties (NYSE:EPR – Get Free Report) was downgraded by research analysts at StockNews.com from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Wednesday.
A number of other research firms have also issued reports on EPR. Royal Bank of Canada upped their target price on shares of EPR Properties from $48.00 to $51.00 and gave the company a “sector perform” rating in a report on Thursday, January 11th. KeyCorp upped their target price on shares of EPR Properties from $47.00 to $51.00 and gave the company an “overweight” rating in a report on Friday, January 5th. Truist Financial upped their target price on shares of EPR Properties from $49.00 to $51.00 and gave the company a “hold” rating in a report on Tuesday. Stifel Nicolaus reduced their target price on shares of EPR Properties from $50.00 to $45.00 and set a “hold” rating on the stock in a report on Thursday, October 26th. Finally, TheStreet upgraded shares of EPR Properties from a “c” rating to a “b-” rating in a report on Wednesday, October 25th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $48.55.
EPR Properties Price Performance
Shares of NYSE EPR opened at $47.15 on Wednesday. The stock has a market cap of $3.55 billion, a price-to-earnings ratio of 24.43, a PEG ratio of 8.63 and a beta of 1.70. EPR Properties has a 52 week low of $33.92 and a 52 week high of $49.10. The company’s 50-day moving average price is $46.68 and its 200 day moving average price is $44.66. The company has a current ratio of 8.55, a quick ratio of 8.55 and a debt-to-equity ratio of 1.14.
Insider Buying and Selling
In related news, Director Peter C. Brown sold 2,500 shares of the stock in a transaction that occurred on Friday, December 22nd. The shares were sold at an average price of $48.68, for a total transaction of $121,700.00. Following the completion of the sale, the director now owns 18,094 shares of the company’s stock, valued at approximately $880,815.92. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other EPR Properties news, CAO Tonya L. Mater sold 1,500 shares of the stock in a transaction that occurred on Tuesday, December 26th. The shares were sold at an average price of $48.50, for a total value of $72,750.00. Following the completion of the sale, the chief accounting officer now owns 41,223 shares of the company’s stock, valued at $1,999,315.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Peter C. Brown sold 2,500 shares of the stock in a transaction that occurred on Friday, December 22nd. The shares were sold at an average price of $48.68, for a total transaction of $121,700.00. Following the completion of the sale, the director now directly owns 18,094 shares of the company’s stock, valued at approximately $880,815.92. The disclosure for this sale can be found here. In the last quarter, insiders sold 9,933 shares of company stock valued at $469,682. 1.89% of the stock is currently owned by corporate insiders.
Institutional Trading of EPR Properties
Several large investors have recently bought and sold shares of EPR. Waterfront Capital Partners LLC acquired a new stake in EPR Properties in the second quarter valued at approximately $56,871,000. Rush Island Management LP grew its position in EPR Properties by 1,022.5% in the third quarter. Rush Island Management LP now owns 1,026,081 shares of the real estate investment trust’s stock valued at $42,623,000 after acquiring an additional 934,674 shares in the last quarter. Norges Bank acquired a new stake in EPR Properties in the fourth quarter valued at approximately $30,670,000. Millennium Management LLC grew its position in shares of EPR Properties by 489.9% during the fourth quarter. Millennium Management LLC now owns 827,848 shares of the real estate investment trust’s stock worth $31,226,000 after buying an additional 687,512 shares in the last quarter. Finally, State Street Corp grew its position in shares of EPR Properties by 14.6% during the first quarter. State Street Corp now owns 4,114,285 shares of the real estate investment trust’s stock worth $226,203,000 after buying an additional 523,061 shares in the last quarter. Institutional investors and hedge funds own 76.09% 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.