EPR Properties (NYSE:EPR) Short Interest Update

EPR Properties (NYSE:EPR) was the recipient of a significant increase in short interest in the month of July. As of July 31st, there was short interest totalling 2,880,000 shares, an increase of 10.8% from the July 15th total of 2,600,000 shares. Approximately 3.9% of the company’s shares are short sold. Based on an average trading volume of 592,000 shares, the short-interest ratio is presently 4.9 days.

EPR Properties Stock Performance

NYSE:EPR traded up $0.61 during trading hours on Monday, reaching $45.08. 152,913 shares of the stock were exchanged, compared to its average volume of 621,515. The stock has a market capitalization of $3.41 billion, a P/E ratio of 21.91 and a beta of 1.73. The firm has a 50 day simple moving average of $42.79 and a 200-day simple moving average of $42.06. The company has a quick ratio of 8.45, a current ratio of 11.12 and a debt-to-equity ratio of 1.16. EPR Properties has a 52 week low of $39.65 and a 52 week high of $49.10.

EPR Properties Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, September 16th. Shareholders of record on Friday, August 30th will be issued a dividend of $0.285 per share. The ex-dividend date is Friday, August 30th. This represents a $3.42 dividend on an annualized basis and a dividend yield of 7.59%. EPR Properties’s dividend payout ratio (DPR) is 168.47%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on EPR shares. Truist Financial increased their target price on EPR Properties from $44.00 to $46.00 and gave the company a “hold” rating in a research note on Friday. JMP Securities reiterated a “market perform” rating on shares of EPR Properties in a research note on Friday, June 14th. Bank of America cut shares of EPR Properties from a “neutral” rating to an “underperform” rating and reduced their target price for the stock from $45.00 to $40.00 in a research report on Monday, May 20th. Royal Bank of Canada raised shares of EPR Properties from a “sector perform” rating to an “outperform” rating and raised their price target for the company from $48.00 to $50.00 in a report on Monday, August 5th. Finally, Stifel Nicolaus boosted their price objective on shares of EPR Properties from $42.50 to $47.50 and gave the stock a “hold” rating in a report 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. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $47.50.

Insider Buying and Selling at EPR Properties

In other news, SVP Gwendolyn Mary Johnson sold 592 shares of the business’s stock in a transaction dated Monday, August 5th. The stock was sold at an average price of $43.82, for a total transaction of $25,941.44. Following the completion of the sale, the senior vice president now owns 5,780 shares in the company, valued at approximately $253,279.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.13% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Group Inc. boosted its stake in EPR Properties by 1.0% in the first quarter. Vanguard Group Inc. now owns 11,366,416 shares of the real estate investment trust’s stock valued at $482,504,000 after acquiring an additional 109,144 shares during the period. LSV Asset Management increased its position in EPR Properties by 2.0% in the first quarter. LSV Asset Management now owns 1,134,354 shares of the real estate investment trust’s stock worth $48,153,000 after buying an additional 21,900 shares during the period. Ontario Teachers Pension Plan Board lifted its stake in EPR Properties by 47.1% in the first quarter. Ontario Teachers Pension Plan Board now owns 78,854 shares of the real estate investment trust’s stock valued at $3,347,000 after buying an additional 25,259 shares during the last quarter. Allianz Asset Management GmbH boosted its holdings in shares of EPR Properties by 93.9% during the fourth quarter. Allianz Asset Management GmbH now owns 89,195 shares of the real estate investment trust’s stock valued at $4,321,000 after acquiring an additional 43,190 shares during the period. Finally, Natixis grew its position in shares of EPR Properties by 188.4% during the first quarter. Natixis now owns 72,764 shares of the real estate investment trust’s stock worth $3,089,000 after acquiring an additional 47,534 shares during the last quarter. 74.66% of the stock is owned by institutional investors and hedge funds.

EPR Properties Company 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.