Sigma Planning Corp Sells 8,814 Shares of EPR Properties (NYSE:EPR)

Sigma Planning Corp lowered its stake in shares of EPR Properties (NYSE:EPR) by 62.6% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,255 shares of the real estate investment trust’s stock after selling 8,814 shares during the quarter. Sigma Planning Corp’s holdings in EPR Properties were worth $255,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in EPR. Rush Island Management LP grew its position in EPR Properties by 1,022.5% during the third quarter. Rush Island Management LP now owns 1,026,081 shares of the real estate investment trust’s stock valued at $42,623,000 after buying an additional 934,674 shares during the period. Wellington Management Group LLP lifted its holdings in shares of EPR Properties by 31.9% in the third quarter. Wellington Management Group LLP now owns 433,238 shares of the real estate investment trust’s stock worth $17,997,000 after buying an additional 104,835 shares in the last quarter. Allstate Corp purchased a new stake in shares of EPR Properties in the third quarter worth about $3,263,000. AQR Capital Management LLC lifted its holdings in shares of EPR Properties by 22.1% in the third quarter. AQR Capital Management LLC now owns 393,618 shares of the real estate investment trust’s stock worth $16,351,000 after buying an additional 71,213 shares in the last quarter. Finally, OVERSEA CHINESE BANKING Corp Ltd purchased a new stake in shares of EPR Properties in the third quarter worth about $2,711,000. Institutional investors own 74.66% of the company’s stock.

EPR Properties Stock Down 0.3 %

Shares of NYSE EPR opened at $40.99 on Monday. EPR Properties has a one year low of $39.01 and a one year high of $49.10. The company has a debt-to-equity ratio of 1.15, a current ratio of 7.53 and a quick ratio of 7.53. The firm’s 50 day simple moving average is $41.57 and its two-hundred day simple moving average is $43.87. The stock has a market capitalization of $3.10 billion, a P/E ratio of 20.81 and a beta of 1.65.

EPR Properties Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Tuesday, April 30th will be given a dividend of $0.285 per share. This represents a $3.42 dividend on an annualized basis and a yield of 8.34%. The ex-dividend date is Monday, April 29th. EPR Properties’s payout ratio is currently 173.60%.

Analyst Ratings Changes

EPR has been the topic of a number of recent analyst reports. Raymond James increased their price target on shares of EPR Properties from $50.00 to $54.00 and gave the stock an “outperform” rating in a report on Monday, January 8th. StockNews.com downgraded shares of EPR Properties from a “buy” rating to a “hold” rating in a report on Wednesday, January 17th. KeyCorp increased their price target on shares of EPR Properties from $47.00 to $51.00 and gave the stock an “overweight” rating in a report on Friday, January 5th. Truist Financial lowered their target price on shares of EPR Properties from $51.00 to $46.00 and set a “hold” rating on the stock in a research note on Friday, March 22nd. Finally, JMP Securities downgraded shares of EPR Properties from an “outperform” rating to a “market perform” rating in a research note on Monday, January 22nd. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock 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.