Scout Investments Inc. boosted its holdings in shares of EPR Properties (NYSE:EPR) by 8.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 773,374 shares of the real estate investment trust’s stock after acquiring an additional 60,670 shares during the period. EPR Properties accounts for approximately 1.1% of Scout Investments Inc.’s investment portfolio, making the stock its 9th biggest position. Scout Investments Inc. owned about 1.04% of EPR Properties worth $52,907,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Hsbc Holdings PLC grew its stake in EPR Properties by 15.8% during the 1st quarter. Hsbc Holdings PLC now owns 7,542 shares of the real estate investment trust’s stock valued at $418,000 after acquiring an additional 1,030 shares in the last quarter. Ropes Wealth Advisors LLC grew its stake in EPR Properties by 9.9% during the 2nd quarter. Ropes Wealth Advisors LLC now owns 11,685 shares of the real estate investment trust’s stock valued at $757,000 after acquiring an additional 1,051 shares in the last quarter. Wasatch Advisors Inc. grew its stake in EPR Properties by 0.8% during the 2nd quarter. Wasatch Advisors Inc. now owns 138,461 shares of the real estate investment trust’s stock valued at $8,971,000 after acquiring an additional 1,155 shares in the last quarter. Arizona State Retirement System grew its stake in EPR Properties by 2.7% during the 2nd quarter. Arizona State Retirement System now owns 44,891 shares of the real estate investment trust’s stock valued at $2,908,000 after acquiring an additional 1,164 shares in the last quarter. Finally, Midwest Professional Planners LTD. grew its stake in EPR Properties by 53.9% during the 2nd quarter. Midwest Professional Planners LTD. now owns 3,695 shares of the real estate investment trust’s stock valued at $239,000 after acquiring an additional 1,294 shares in the last quarter. 89.63% of the stock is owned by institutional investors.
Shares of EPR Properties stock traded up $1.30 during mid-day trading on Monday, hitting $67.44. The stock had a trading volume of 7,700 shares, compared to its average volume of 530,203. EPR Properties has a 12-month low of $51.87 and a 12-month high of $71.43. The company has a debt-to-equity ratio of 1.03, a current ratio of 6.16 and a quick ratio of 6.16. The stock has a market cap of $5.09 billion, a price-to-earnings ratio of 13.42, a price-to-earnings-growth ratio of 4.66 and a beta of 0.51.
EPR Properties (NYSE:EPR) last posted its quarterly earnings results on Monday, July 30th. The real estate investment trust reported $1.15 earnings per share for the quarter, missing the consensus estimate of $1.86 by ($0.71). EPR Properties had a net margin of 38.00% and a return on equity of 8.63%. The firm had revenue of $202.90 million during the quarter, compared to analysts’ expectations of $198.17 million. During the same period last year, the company earned $1.29 EPS. The business’s quarterly revenue was up 37.3% on a year-over-year basis. Equities analysts expect that EPR Properties will post 6.04 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Monday, October 15th. Stockholders of record on Friday, September 28th will be paid a $0.36 dividend. The ex-dividend date of this dividend is Thursday, September 27th. This represents a $1.44 annualized dividend and a dividend yield of 2.14%. EPR Properties’s dividend payout ratio (DPR) is 86.06%.
Several analysts recently issued reports on the stock. Stifel Nicolaus upped their price objective on shares of EPR Properties from $66.00 to $68.00 and gave the company a “hold” rating in a research note on Tuesday, July 31st. ValuEngine raised shares of EPR Properties from a “sell” rating to a “hold” rating in a research note on Wednesday, August 15th. Zacks Investment Research raised shares of EPR Properties from a “hold” rating to a “buy” rating and set a $77.00 price target for the company in a research note on Monday, August 6th. TheStreet raised shares of EPR Properties from a “c” rating to a “b” rating in a research note on Wednesday, August 1st. Finally, Raymond James assumed coverage on shares of EPR Properties in a research note on Friday, July 20th. They issued a “market perform” rating for the company. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and three have assigned a buy rating to the company’s stock. EPR Properties presently has an average rating of “Hold” and an average price target of $70.94.
In related news, SVP Michael L. Hirons sold 7,000 shares of the stock in a transaction that occurred on Friday, August 17th. The shares were sold at an average price of $69.97, for a total transaction of $489,790.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 1.36% of the company’s stock.
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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