Louisiana State Employees Retirement System Acquires Shares of 21,200 EPR Properties (NYSE:EPR)

Louisiana State Employees Retirement System acquired a new stake in shares of EPR Properties (NYSE:EPR) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 21,200 shares of the real estate investment trust’s stock, valued at approximately $1,027,000.

Other hedge funds have also recently bought and sold shares of the company. DekaBank Deutsche Girozentrale grew its stake in EPR Properties by 221.6% during the 4th quarter. DekaBank Deutsche Girozentrale now owns 57,636 shares of the real estate investment trust’s stock valued at $2,838,000 after purchasing an additional 39,714 shares in the last quarter. Ballast Asset Management LP acquired a new stake in EPR Properties during the 3rd quarter valued at approximately $1,861,000. Jump Financial LLC acquired a new stake in EPR Properties during the 3rd quarter valued at approximately $1,165,000. Citigroup Inc. grew its stake in EPR Properties by 52.0% during the 3rd quarter. Citigroup Inc. now owns 32,990 shares of the real estate investment trust’s stock valued at $1,370,000 after purchasing an additional 11,283 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in EPR Properties by 3.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,227,642 shares of the real estate investment trust’s stock worth $50,996,000 after buying an additional 38,937 shares during the last quarter. Institutional investors and hedge funds own 74.66% of the company’s stock.

EPR Properties Trading Up 0.1 %

Shares of NYSE EPR opened at $41.15 on Thursday. The company has a market cap of $3.11 billion, a price-to-earnings ratio of 20.89 and a beta of 1.65. EPR Properties has a 12-month low of $39.01 and a 12-month high of $49.10. The company has a current ratio of 7.53, a quick ratio of 7.53 and a debt-to-equity ratio of 1.15. The stock’s 50 day simple moving average is $41.63 and its 200 day simple moving average is $43.87.

EPR Properties Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Wednesday, May 15th. Investors of record on Tuesday, April 30th will be given a $0.285 dividend. This represents a $3.42 annualized dividend and a yield of 8.31%. The ex-dividend date is Monday, April 29th. EPR Properties’s dividend payout ratio is currently 173.60%.

Analyst Ratings Changes

A number of research analysts have commented on the company. JMP Securities downgraded EPR Properties from an “outperform” rating to a “market perform” rating in a report on Monday, January 22nd. Royal Bank of Canada increased their target price on EPR Properties from $48.00 to $51.00 and gave the stock a “sector perform” rating in a report on Thursday, January 11th. Truist Financial reduced their target price on EPR Properties from $51.00 to $46.00 and set a “hold” rating on the stock in a report on Friday, March 22nd. StockNews.com downgraded EPR Properties from a “buy” rating to a “hold” rating in a report on Wednesday, January 17th. Finally, Raymond James increased their target price on EPR Properties from $50.00 to $54.00 and gave the stock an “outperform” rating in a report on Monday, January 8th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $48.05.

EPR Properties Profile

EPR Properties (NYSE:EPR) is the leading diversified experiential net lease real estate investment trust (REIT), specializing in select enduring experiential properties in the real estate industry. We focus on real estate venues that create value by facilitating out of home leisure and recreation experiences where consumers choose to spend their discretionary time and money.