Oregon Public Employees Retirement Fund lifted its position in EPR Properties (NYSE:EPR) by 3.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 30,288 shares of the real estate investment trust’s stock after acquiring an additional 1,028 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in EPR Properties were worth $2,259,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Randolph Co Inc boosted its position in EPR Properties by 1.1% during the 2nd quarter. Randolph Co Inc now owns 94,819 shares of the real estate investment trust’s stock valued at $7,073,000 after purchasing an additional 1,010 shares during the period. 6 Meridian boosted its position in EPR Properties by 2.0% during the 2nd quarter. 6 Meridian now owns 6,897 shares of the real estate investment trust’s stock valued at $514,000 after purchasing an additional 133 shares during the period. Nisa Investment Advisors LLC boosted its position in EPR Properties by 2.0% during the 2nd quarter. Nisa Investment Advisors LLC now owns 53,232 shares of the real estate investment trust’s stock valued at $3,971,000 after purchasing an additional 1,057 shares during the period. NN Investment Partners Holdings N.V. boosted its position in EPR Properties by 447.6% during the 2nd quarter. NN Investment Partners Holdings N.V. now owns 199,727 shares of the real estate investment trust’s stock valued at $14,898,000 after purchasing an additional 163,253 shares during the period. Finally, Heritage Investors Management Corp acquired a new position in EPR Properties during the 2nd quarter valued at approximately $251,000. Institutional investors own 84.13% of the company’s stock.
In other news, Director Peter C. Brown sold 2,578 shares of the business’s stock in a transaction on Thursday, June 20th. The stock was sold at an average price of $79.11, for a total value of $203,945.58. Following the sale, the director now owns 7,866 shares of the company’s stock, valued at approximately $622,279.26. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Craig L. Evans sold 5,000 shares of the business’s stock in a transaction on Monday, May 20th. The stock was sold at an average price of $76.57, for a total value of $382,850.00. The disclosure for this sale can be found here. Insiders sold a total of 10,459 shares of company stock worth $811,760 in the last three months. Company insiders own 1.34% of the company’s stock.
EPR Properties stock traded up $0.17 during mid-day trading on Friday, hitting $74.41. 283,196 shares of the company’s stock traded hands, compared to its average volume of 346,068. The company has a 50 day moving average price of $75.77. The company has a debt-to-equity ratio of 1.05, a quick ratio of 5.61 and a current ratio of 5.61. The firm has a market cap of $5.69 billion, a P/E ratio of 12.20, a PEG ratio of 4.33 and a beta of 0.57. EPR Properties has a one year low of $62.75 and a one year high of $80.75.
EPR Properties (NYSE:EPR) last posted its quarterly earnings data on Wednesday, July 31st. The real estate investment trust reported $0.79 EPS for the quarter, missing the Zacks’ consensus estimate of $1.31 by ($0.52). EPR Properties had a return on equity of 9.94% and a net margin of 41.51%. The firm had revenue of $175.70 million during the quarter, compared to the consensus estimate of $168.46 million. During the same period in the prior year, the firm posted $1.87 EPS. The firm’s quarterly revenue was down 13.4% on a year-over-year basis. Sell-side analysts forecast that EPR Properties will post 5.42 earnings per share for the current year.
The company also recently disclosed a jul 19 dividend, which will be paid on Thursday, August 15th. Stockholders of record on Wednesday, July 31st will be paid a $0.375 dividend. The ex-dividend date of this dividend is Tuesday, July 30th. EPR Properties’s dividend payout ratio is presently 73.77%.
Several brokerages have weighed in on EPR. Bank of America downgraded EPR Properties from a “neutral” rating to an “underperform” rating and set a $80.00 target price on the stock. in a research note on Tuesday, June 11th. Royal Bank of Canada lifted their target price on EPR Properties to $83.00 in a research note on Tuesday, May 28th. Stifel Nicolaus lifted their target price on EPR Properties from $76.00 to $80.00 and gave the company a “hold” rating in a research note on Tuesday, April 30th. ValuEngine downgraded EPR Properties from a “buy” rating to a “hold” rating in a research note on Thursday. Finally, Raymond James set a $84.00 target price on EPR Properties and gave the company a “buy” rating in a research note on Thursday, May 2nd. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the stock. EPR Properties has a consensus rating of “Hold” and a consensus target price of $78.83.
EPR Properties Company 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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