Millennium Management LLC increased its holdings in shares of EPR Properties (NYSE:EPR) by 633.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 887,369 shares of the real estate investment trust’s stock after purchasing an additional 766,302 shares during the quarter. Millennium Management LLC owned 1.20% of EPR Properties worth $58,087,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also bought and sold shares of EPR. 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 in the last quarter. 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 in the last quarter. 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 in the last quarter. Two Sigma Advisers LP increased its position in EPR Properties by 663.9% during the 4th quarter. Two Sigma Advisers LP now owns 172,354 shares of the real estate investment trust’s stock worth $11,282,000 after purchasing an additional 149,791 shares in the last quarter. Finally, Polaris Capital Management LLC increased its position in EPR Properties by 337.9% during the 4th quarter. Polaris Capital Management LLC now owns 190,100 shares of the real estate investment trust’s stock worth $2,595,000 after purchasing an additional 146,690 shares in the last quarter. 88.38% of the stock is owned by hedge funds and other institutional investors.
A number of analysts recently issued reports on EPR shares. Royal Bank of Canada set a $68.00 target price on shares of EPR Properties and gave the stock a “buy” rating in a research report on Thursday, March 1st. Ladenburg Thalmann Financial Services set a $72.00 target price on shares of EPR Properties and gave the stock a “buy” rating in a research report on Monday, February 5th. Stifel Nicolaus dropped their target price on shares of EPR Properties from $76.00 to $61.00 and set a “hold” rating for the company in a research report on Thursday, March 1st. ValuEngine downgraded shares of EPR Properties from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Finally, SunTrust Banks set a $65.00 target price on shares of EPR Properties and gave the stock a “hold” rating in a research report on Monday, January 22nd. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $69.33.
EPR Properties (NYSE:EPR) opened at $56.34 on Tuesday. The firm has a market capitalization of $4,219.72, a P/E ratio of 17.18, a price-to-earnings-growth ratio of 1.95 and a beta of 0.46. EPR Properties has a fifty-two week low of $51.87 and a fifty-two week high of $76.90. The company has a debt-to-equity ratio of 1.03, a current ratio of 8.20 and a quick ratio of 8.20.
EPR Properties (NYSE:EPR) last released its quarterly earnings results on Wednesday, February 28th. The real estate investment trust reported $0.74 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.44 by ($0.70). The company had revenue of $147.70 million during the quarter, compared to analysts’ expectations of $151.87 million. EPR Properties had a return on equity of 9.60% and a net margin of 45.65%. The firm’s revenue was up 12.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.26 EPS. equities analysts forecast that EPR Properties will post 5.33 earnings per share for the current year.
The business also recently declared a mar 18 dividend, which will be paid on Monday, April 16th. Shareholders of record on Thursday, March 29th will be issued a $0.36 dividend. EPR Properties’s dividend payout ratio is presently 131.71%.
In other news, SVP Craig L. Evans sold 14,000 shares of the stock in a transaction that occurred on Thursday, January 11th. The stock was sold at an average price of $60.03, for a total transaction of $840,420.00. Following the completion of the transaction, the senior vice president now directly owns 38,384 shares in the company, valued at approximately $2,304,191.52. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 1.50% of the stock is owned by corporate insiders.
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EPR Properties 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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