QS Investors LLC increased its position in shares of EPR Properties (NYSE:EPR) by 15.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 27,890 shares of the real estate investment trust’s stock after acquiring an additional 3,731 shares during the quarter. QS Investors LLC’s holdings in EPR Properties were worth $1,826,000 as of its most recent SEC filing.
A number of other institutional investors have also recently added to or reduced their stakes in EPR. BlackRock Inc. lifted its stake in EPR Properties by 2.6% in the fourth quarter. BlackRock Inc. now owns 7,718,600 shares of the real estate investment trust’s stock valued at $505,259,000 after buying an additional 194,735 shares in the last quarter. Wedge Capital Management L L P NC lifted its stake in EPR Properties by 18.7% in the fourth quarter. Wedge Capital Management L L P NC now owns 1,963,255 shares of the real estate investment trust’s stock valued at $128,515,000 after buying an additional 308,837 shares in the last quarter. Uniplan Investment Counsel Inc. lifted its stake in EPR Properties by 17.1% in the third quarter. Uniplan Investment Counsel Inc. now owns 1,217,866 shares of the real estate investment trust’s stock valued at $84,933,000 after buying an additional 177,534 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in EPR Properties by 7.7% in the third quarter. Dimensional Fund Advisors LP now owns 1,004,364 shares of the real estate investment trust’s stock valued at $70,044,000 after buying an additional 71,892 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in EPR Properties by 3.2% in the fourth quarter. Bank of New York Mellon Corp now owns 830,965 shares of the real estate investment trust’s stock valued at $54,394,000 after buying an additional 25,535 shares in the last quarter. 88.58% of the stock is currently owned by institutional investors and hedge funds.
EPR has been the topic of a number of research reports. JPMorgan Chase lowered shares of EPR Properties from a “neutral” rating to an “underweight” rating in a research note on Friday, December 15th. SunTrust Banks initiated coverage on shares of EPR Properties in a research note on Tuesday, December 19th. They issued a “hold” rating and a $69.00 price target on the stock. ValuEngine lowered shares of EPR Properties from a “buy” rating to a “hold” rating in a research note on Sunday, December 31st. Ladenburg Thalmann set a $72.00 price target on shares of EPR Properties and gave the company a “buy” rating in a research note on Monday, February 5th. Finally, B. Riley set a $80.00 price objective on shares of EPR Properties and gave the company a “hold” rating in a report on Wednesday, February 28th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and two have given a buy rating to the company’s stock. EPR Properties currently has an average rating of “Hold” and a consensus target price of $68.44.
Shares of NYSE EPR traded down $0.64 during midday trading on Thursday, reaching $54.42. The company’s stock had a trading volume of 394,169 shares, compared to its average volume of 637,172. The company has a quick ratio of 8.20, a current ratio of 8.20 and a debt-to-equity ratio of 1.03. EPR Properties has a fifty-two week low of $51.87 and a fifty-two week high of $76.90. The company has a market capitalization of $4,076.29, a PE ratio of 10.84, a price-to-earnings-growth ratio of 2.93 and a beta of 0.45.
EPR Properties (NYSE:EPR) last issued its 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 firm had revenue of $147.70 million for the quarter, compared to analyst estimates of $151.87 million. EPR Properties had a return on equity of 9.60% and a net margin of 45.65%. EPR Properties’s quarterly revenue was up 12.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.26 earnings per share. sell-side analysts expect that EPR Properties will post 5.31 EPS for the current year.
The company also recently announced a mar 18 dividend, which will be paid on Monday, April 16th. Investors of record on Thursday, March 29th will be issued a dividend of $0.36 per share. The ex-dividend date is Wednesday, March 28th. This represents a yield of 7.67%. EPR Properties’s payout ratio is 86.06%.
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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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