Retirement Systems of Alabama Boosts Holdings in EPR Properties (NYSE:EPR)

Retirement Systems of Alabama raised its holdings in EPR Properties (NYSE:EPR) by 0.3% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 94,345 shares of the real estate investment trust’s stock after acquiring an additional 295 shares during the quarter. Retirement Systems of Alabama’s holdings in EPR Properties were worth $4,571,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of EPR. Venturi Wealth Management LLC increased its holdings in EPR Properties by 59.5% in the fourth quarter. Venturi Wealth Management LLC now owns 823 shares of the real estate investment trust’s stock valued at $40,000 after buying an additional 307 shares during the last quarter. NBC Securities Inc. acquired a new stake in shares of EPR Properties during the 3rd quarter worth about $44,000. Signaturefd LLC raised its position in shares of EPR Properties by 39.0% during the 3rd quarter. Signaturefd LLC now owns 3,551 shares of the real estate investment trust’s stock worth $148,000 after acquiring an additional 997 shares in the last quarter. Global Retirement Partners LLC lifted its stake in EPR Properties by 37.8% during the fourth quarter. Global Retirement Partners LLC now owns 3,286 shares of the real estate investment trust’s stock worth $155,000 after purchasing an additional 901 shares during the last quarter. Finally, Advisor Partners II LLC boosted its holdings in EPR Properties by 19.4% in the third quarter. Advisor Partners II LLC now owns 5,202 shares of the real estate investment trust’s stock valued at $216,000 after purchasing an additional 844 shares in the last quarter. 74.66% of the stock is currently owned by institutional investors and hedge funds.

EPR Properties Stock Performance

Shares of EPR opened at $41.68 on Tuesday. The stock has a market capitalization of $3.15 billion, a P/E ratio of 20.53 and a beta of 1.64. The company has a debt-to-equity ratio of 1.15, a quick ratio of 7.53 and a current ratio of 8.45. EPR Properties has a 1 year low of $39.65 and a 1 year high of $49.10. The company’s fifty day moving average is $41.44 and its two-hundred day moving average is $43.84.

EPR Properties Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Tuesday, April 30th will be paid a dividend of $0.285 per share. The ex-dividend date is Monday, April 29th. This represents a $3.42 dividend on an annualized basis and a dividend yield of 8.21%. EPR Properties’s dividend payout ratio (DPR) is 168.47%.

Analyst Ratings Changes

A number of analysts have weighed in on EPR shares. Royal Bank of Canada boosted their price objective on shares of EPR Properties from $48.00 to $51.00 and gave the stock a “sector perform” rating in a research report on Thursday, January 11th. Raymond James boosted their price target 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. JMP Securities reaffirmed a “market perform” rating on shares of EPR Properties in a report on Monday. Truist Financial reduced their target price on 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 downgraded EPR Properties from a “buy” rating to a “hold” rating in a research note 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 assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus 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.