Red Spruce Capital LLC Invests $1.88 Million in EPR Properties (NYSE:EPR)

Red Spruce Capital LLC bought a new position in shares of EPR Properties (NYSE:EPR) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 26,638 shares of the real estate investment trust’s stock, valued at approximately $1,882,000. EPR Properties comprises approximately 1.6% of Red Spruce Capital LLC’s portfolio, making the stock its 17th biggest position.

Other hedge funds have also recently added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD grew its stake in EPR Properties by 46.5% in the second quarter. Price T Rowe Associates Inc. MD now owns 43,572 shares of the real estate investment trust’s stock valued at $3,250,000 after acquiring an additional 13,823 shares during the period. Redpoint Investment Management Pty Ltd lifted its stake in shares of EPR Properties by 3.3% in the 3rd quarter. Redpoint Investment Management Pty Ltd now owns 10,407 shares of the real estate investment trust’s stock valued at $800,000 after acquiring an additional 332 shares during the last quarter. Northwestern Mutual Investment Management Company LLC lifted its stake in shares of EPR Properties by 2.7% in the 3rd quarter. Northwestern Mutual Investment Management Company LLC now owns 22,115 shares of the real estate investment trust’s stock valued at $1,700,000 after acquiring an additional 584 shares during the last quarter. Municipal Employees Retirement System of Michigan lifted its stake in shares of EPR Properties by 2.0% in the 3rd quarter. Municipal Employees Retirement System of Michigan now owns 14,130 shares of the real estate investment trust’s stock valued at $1,086,000 after acquiring an additional 280 shares during the last quarter. Finally, Point72 Asset Management L.P. raised its position in EPR Properties by 803.4% during the 3rd quarter. Point72 Asset Management L.P. now owns 18,972 shares of the real estate investment trust’s stock worth $1,458,000 after purchasing an additional 16,872 shares during the last quarter. Institutional investors own 82.58% of the company’s stock.

EPR stock opened at $72.24 on Thursday. The stock has a 50-day moving average price of $70.10 and a 200-day moving average price of $74.57. EPR Properties has a 1-year low of $67.32 and a 1-year high of $80.75. The company has a current ratio of 5.23, a quick ratio of 5.23 and a debt-to-equity ratio of 1.02. The firm has a market cap of $5.59 billion, a PE ratio of 11.84, a price-to-earnings-growth ratio of 4.13 and a beta of 0.44.

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were given a $0.375 dividend. This represents a $4.50 annualized dividend and a dividend yield of 6.23%. The ex-dividend date of this dividend was Monday, December 30th. EPR Properties’s dividend payout ratio (DPR) is presently 73.77%.

Several research analysts recently issued reports on EPR shares. Zacks Investment Research lowered EPR Properties from a “buy” rating to a “hold” rating in a research report on Monday, November 4th. JPMorgan Chase & Co. raised EPR Properties from a “neutral” rating to an “overweight” rating and set a $84.00 price objective for the company in a research report on Wednesday, December 18th. SunTrust Banks raised EPR Properties from a “hold” rating to a “buy” rating and set a $77.00 price objective for the company in a research report on Wednesday. TheStreet lowered EPR Properties from a “b” rating to a “c+” rating in a research report on Tuesday, October 29th. Finally, ValuEngine raised EPR Properties from a “sell” rating to a “hold” rating in a research report on Tuesday, December 3rd. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company’s stock. EPR Properties presently has a consensus rating of “Hold” and an average price target of $82.43.

In other news, SVP Craig L. Evans sold 2,500 shares of the firm’s stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $68.89, for a total value of $172,225.00. Following the completion of the sale, the senior vice president now directly owns 41,135 shares in the company, valued at approximately $2,833,790.15. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Peter C. Brown sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $70.85, for a total value of $141,700.00. Company insiders own 1.34% of the company’s stock.

About EPR Properties

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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Institutional Ownership by Quarter for EPR Properties (NYSE:EPR)

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