Russell Investments Group Ltd. lifted its stake in EPR Properties (NYSE:EPR) by 49.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,136 shares of the real estate investment trust’s stock after buying an additional 4,013 shares during the period. Russell Investments Group Ltd.’s holdings in EPR Properties were worth $831,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in EPR. First Hawaiian Bank purchased a new position in EPR Properties during the 3rd quarter valued at about $113,000. Qube Research & Technologies Ltd purchased a new position in EPR Properties during the 2nd quarter valued at about $143,000. Sun Life Financial INC purchased a new position in EPR Properties during the 2nd quarter valued at about $204,000. UMB Bank N A MO purchased a new position in EPR Properties during the 3rd quarter valued at about $207,000. Finally, Sumitomo Mitsui Asset Management Company LTD purchased a new position in EPR Properties during the 3rd quarter valued at about $234,000. Hedge funds and other institutional investors own 89.50% of the company’s stock.
EPR Properties stock opened at $68.91 on Thursday. The company has a current ratio of 5.57, a quick ratio of 5.57 and a debt-to-equity ratio of 1.02. The company has a market cap of $5.23 billion, a price-to-earnings ratio of 11.73, a PEG ratio of 4.57 and a beta of 0.45. EPR Properties has a fifty-two week low of $51.87 and a fifty-two week high of $72.18.
EPR Properties (NYSE:EPR) last posted its quarterly earnings data on Monday, October 29th. The real estate investment trust reported $1.07 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.89 by $0.18. The business had revenue of $176.40 million for the quarter, compared to analysts’ expectations of $157.09 million. EPR Properties had a return on equity of 9.62% and a net margin of 40.84%. The business’s revenue was up 16.5% on a year-over-year basis. During the same period in the previous year, the firm posted $1.22 EPS. As a group, analysts forecast that EPR Properties will post 6.07 earnings per share for the current year.
The company also recently disclosed a nov 18 dividend, which will be paid on Monday, December 17th. Shareholders of record on Friday, November 30th will be given a dividend of $0.36 per share. The ex-dividend date of this dividend is Thursday, November 29th. This represents a yield of 6.09%. EPR Properties’s payout ratio is 86.06%.
In other EPR Properties news, CAO Tonya L. Mater sold 4,287 shares of EPR Properties stock in a transaction that occurred on Thursday, November 8th. The stock was sold at an average price of $70.13, for a total transaction of $300,647.31. Following the sale, the chief accounting officer now directly owns 31,395 shares of the company’s stock, valued at approximately $2,201,731.35. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Mark Alan Peterson sold 7,250 shares of EPR Properties stock in a transaction that occurred on Monday, November 5th. The shares were sold at an average price of $69.75, for a total value of $505,687.50. Following the sale, the chief financial officer now directly owns 101,053 shares in the company, valued at $7,048,446.75. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 17,112 shares of company stock worth $1,200,900. Insiders own 1.36% of the company’s stock.
EPR has been the topic of a number of research analyst reports. Raymond James upgraded EPR Properties from a “market perform” rating to an “outperform” rating and set a $76.00 price target on the stock in a report on Thursday, December 6th. Citigroup boosted their price target on EPR Properties from $65.00 to $70.00 and gave the company a “hold” rating in a report on Thursday, November 1st. Zacks Investment Research upgraded EPR Properties from a “hold” rating to a “buy” rating and set a $76.00 price target on the stock in a report on Wednesday, October 3rd. ValuEngine upgraded EPR Properties from a “sell” rating to a “hold” rating in a report on Tuesday, October 2nd. Finally, Royal Bank of Canada restated a “buy” rating and set a $71.00 price target on shares of EPR Properties in a report on Wednesday, August 15th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating to the company. The company has an average rating of “Hold” and an average target price of $71.28.
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EPR Properties Profile
EPR Properties is a specialty real estate investment trust (REIT) that invests in properties in select market segments which require unique industry knowledge, while offering the potential for stable and attractive returns. Our total investments exceed $6.7 billion and our primary investment segments are Entertainment, Recreation and Education.
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