Cerity Partners LLC Makes New Investment in EPR Properties (NYSE:EPR)

Cerity Partners LLC bought a new stake in EPR Properties (NYSE:EPR) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 4,838 shares of the real estate investment trust’s stock, valued at approximately $234,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. DekaBank Deutsche Girozentrale increased its holdings in shares of EPR Properties by 221.6% in 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 acquiring an additional 39,714 shares during the last quarter. Ballast Asset Management LP acquired a new stake in shares of EPR Properties during the third quarter worth about $1,861,000. Jump Financial LLC purchased a new position in EPR Properties during the 3rd quarter worth approximately $1,165,000. Citigroup Inc. increased its holdings in shares of EPR Properties by 52.0% in the 3rd quarter. Citigroup Inc. now owns 32,990 shares of the real estate investment trust’s stock valued at $1,370,000 after acquiring an additional 11,283 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of EPR Properties by 3.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,227,642 shares of the real estate investment trust’s stock valued at $50,996,000 after buying an additional 38,937 shares during the last quarter. Hedge funds and other institutional investors own 74.66% of the company’s stock.

EPR Properties Price Performance

EPR Properties stock opened at $41.03 on Tuesday. The firm’s 50-day moving average is $41.55 and its two-hundred day moving average is $43.86. 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 stock has a market capitalization of $3.10 billion, a P/E ratio of 20.83 and a beta of 1.65. EPR Properties has a 12-month low of $39.65 and a 12-month high of $49.10.

EPR Properties Announces Dividend

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

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. JMP Securities cut EPR Properties from an “outperform” rating to a “market perform” rating in a research report on Monday, January 22nd. Royal Bank of Canada upped their price target on EPR Properties from $48.00 to $51.00 and gave the stock a “sector perform” rating in a research note on Thursday, January 11th. Raymond James lifted their price objective on shares of EPR Properties from $50.00 to $54.00 and gave the company an “outperform” rating in a research report on Monday, January 8th. Truist Financial cut their price target on shares of EPR Properties from $51.00 to $46.00 and set a “hold” rating for the company in a report on Friday, March 22nd. Finally, StockNews.com lowered EPR Properties from a “buy” rating to a “hold” rating in a report on Wednesday, January 17th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $48.05.

EPR Properties Company 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.