Mutual Advisors LLC purchased a new stake in EPR Properties (NYSE:EPR) during the 4th quarter, Holdings Channel reports. The fund purchased 6,622 shares of the real estate investment trust’s stock, valued at approximately $433,000.
Other hedge funds also recently modified their holdings of the company. Prudential Financial Inc. increased its position in EPR Properties by 152.3% during the 3rd quarter. Prudential Financial Inc. now owns 668,520 shares of the real estate investment trust’s stock worth $46,622,000 after purchasing an additional 403,562 shares during the period. Wedge Capital Management L L P NC increased its position in EPR Properties by 18.7% during the 4th quarter. Wedge Capital Management L L P NC now owns 1,963,255 shares of the real estate investment trust’s stock worth $128,515,000 after purchasing an additional 308,837 shares during the period. American Century Companies Inc. increased its position in EPR Properties by 494.4% during the 3rd quarter. American Century Companies Inc. now owns 345,054 shares of the real estate investment trust’s stock worth $24,064,000 after purchasing an additional 287,003 shares during the period. BlackRock Inc. increased its position in EPR Properties by 2.6% during the 4th quarter. BlackRock Inc. now owns 7,718,600 shares of the real estate investment trust’s stock worth $505,259,000 after purchasing an additional 194,735 shares during the period. Finally, Uniplan Investment Counsel Inc. increased its position in EPR Properties by 17.1% during the 3rd quarter. Uniplan Investment Counsel Inc. now owns 1,217,866 shares of the real estate investment trust’s stock worth $84,933,000 after purchasing an additional 177,534 shares during the period. Hedge funds and other institutional investors own 87.65% of the company’s stock.
Several equities analysts have issued reports on EPR shares. Zacks Investment Research upgraded EPR Properties from a “hold” rating to a “buy” rating and set a $78.00 target price on the stock in a research report on Tuesday, November 7th. Ladenburg Thalmann Financial Services reiterated a “buy” rating on shares of EPR Properties in a research report on Monday, November 13th. KeyCorp set a $80.00 price target on EPR Properties and gave the stock a “buy” rating in a research note on Sunday, October 29th. B. Riley set a $80.00 price target on EPR Properties and gave the stock a “hold” rating in a research note on Wednesday, November 15th. Finally, ValuEngine lowered EPR Properties from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $75.83.
Shares of EPR Properties (NYSE EPR) opened at $56.94 on Friday. The company has a market capitalization of $4,146.02, a P/E ratio of 16.95, a PEG ratio of 1.88 and a beta of 0.46. The company has a debt-to-equity ratio of 1.03, a quick ratio of 7.88 and a current ratio of 7.88. EPR Properties has a 52 week low of $54.95 and a 52 week high of $77.70.
The company also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Stockholders of record on Wednesday, February 28th will be paid a dividend of $0.36 per share. This is a positive change from EPR Properties’s previous quarterly dividend of $0.32. The ex-dividend date of this dividend is Tuesday, February 27th. This represents a $1.44 annualized dividend and a dividend yield of 2.53%. EPR Properties’s payout ratio is 128.57%.
In other news, VP Tonya L. Mater sold 2,100 shares of the business’s stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of $68.09, for a total transaction of $142,989.00. Following the sale, the vice president now owns 28,929 shares of the company’s stock, valued at approximately $1,969,775.61. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Craig L. Evans sold 14,000 shares of the business’s stock in a transaction that occurred on Thursday, January 11th. The stock was sold at an average price of $60.03, for a total value of $840,420.00. Following the sale, the senior vice president now directly owns 38,384 shares in the company, valued at approximately $2,304,191.52. The disclosure for this sale can be found here. Insiders have sold a total of 25,459 shares of company stock worth $1,615,516 in the last three months. Corporate insiders own 1.50% of the company’s stock.
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EPR Properties Company Profile
EPR Properties is a specialty real estate investment trust. The Company’s investment portfolio includes primarily entertainment, education and recreation properties. The Company’s segments include Entertainment, Education, Recreation and Other. The Entertainment segment consists of investments in megaplex theatres, entertainment retail centers, family entertainment centers and other retail parcels.
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