EPR Properties (NYSE:EPR) Shares Sold by Kovack Advisors Inc.

Kovack Advisors Inc. decreased its position in EPR Properties (NYSE:EPR) by 3.9% in the 3rd quarter, HoldingsChannel reports. The firm owned 12,450 shares of the real estate investment trust’s stock after selling 506 shares during the period. Kovack Advisors Inc.’s holdings in EPR Properties were worth $611,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Abich Financial Wealth Management LLC boosted its holdings in shares of EPR Properties by 1,725.0% during the third quarter. Abich Financial Wealth Management LLC now owns 511 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 483 shares during the last quarter. V Square Quantitative Management LLC acquired a new stake in EPR Properties in the 3rd quarter worth about $27,000. GAMMA Investing LLC grew its holdings in EPR Properties by 262.2% in the 2nd quarter. GAMMA Investing LLC now owns 594 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 430 shares during the period. Blue Trust Inc. increased its stake in shares of EPR Properties by 67.2% during the 3rd quarter. Blue Trust Inc. now owns 709 shares of the real estate investment trust’s stock valued at $35,000 after acquiring an additional 285 shares during the last quarter. Finally, EntryPoint Capital LLC purchased a new position in shares of EPR Properties during the 1st quarter worth about $47,000. 74.66% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

EPR has been the subject of a number of recent analyst reports. Royal Bank of Canada upgraded shares of EPR Properties from a “sector perform” rating to an “outperform” rating and boosted their target price for the company from $48.00 to $50.00 in a report on Monday, August 5th. UBS Group initiated coverage on EPR Properties in a research report on Thursday. They issued a “neutral” rating and a $48.00 target price on the stock. Raymond James raised EPR Properties from an “outperform” rating to a “strong-buy” rating and set a $54.00 price target for the company in a research report on Wednesday, August 21st. Truist Financial upped their price target on EPR Properties from $44.00 to $46.00 and gave the stock a “hold” rating in a research note on Friday, August 16th. Finally, Stifel Nicolaus lifted their price objective on EPR Properties from $42.50 to $47.50 and gave the company a “hold” rating in a research note on Thursday, August 1st. Two analysts have rated the stock with a sell rating, five have given a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, EPR Properties presently has an average rating of “Hold” and an average price target of $48.28.

Insider Activity

In other EPR Properties news, CAO Tonya L. Mater sold 1,000 shares of the company’s stock in a transaction dated Wednesday, August 21st. The shares were sold at an average price of $46.00, for a total value of $46,000.00. Following the completion of the transaction, the chief accounting officer now directly owns 42,710 shares of the company’s stock, valued at $1,964,660. This represents a 2.29 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 2.13% of the company’s stock.

EPR Properties Price Performance

EPR stock opened at $44.22 on Friday. The firm has a market cap of $3.35 billion, a P/E ratio of 19.14 and a beta of 1.76. The company has a debt-to-equity ratio of 1.19, a quick ratio of 7.81 and a current ratio of 7.81. EPR Properties has a 1 year low of $39.65 and a 1 year high of $50.26. The stock has a 50-day simple moving average of $47.54 and a 200-day simple moving average of $44.55.

EPR Properties Dividend Announcement

The company also recently disclosed a nov 24 dividend, which will be paid on Monday, December 16th. Shareholders of record on Friday, November 29th will be given a $0.285 dividend. EPR Properties’s dividend payout ratio (DPR) is 148.05%.

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.