EPR Properties (NYSE:EPR) Shares Bought by Franklin Resources Inc.

Franklin Resources Inc. boosted its holdings in shares of EPR Properties (NYSE:EPRFree Report) by 14.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 39,633 shares of the real estate investment trust’s stock after buying an additional 5,091 shares during the quarter. Franklin Resources Inc. owned 0.05% of EPR Properties worth $1,920,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Arizona State Retirement System lifted its holdings in EPR Properties by 1.4% during the 3rd quarter. Arizona State Retirement System now owns 21,434 shares of the real estate investment trust’s stock worth $890,000 after buying an additional 291 shares in the last quarter. Retirement Systems of Alabama raised its holdings in shares of EPR Properties by 0.3% in the 4th quarter. Retirement Systems of Alabama now owns 94,345 shares of the real estate investment trust’s stock valued at $4,571,000 after purchasing an additional 295 shares in the last quarter. Prime Capital Investment Advisors LLC raised its holdings in shares of EPR Properties by 1.5% in the 4th quarter. Prime Capital Investment Advisors LLC now owns 19,474 shares of the real estate investment trust’s stock valued at $944,000 after purchasing an additional 297 shares in the last quarter. Venturi Wealth Management LLC raised its holdings in shares of EPR Properties by 59.5% in the 4th quarter. Venturi Wealth Management LLC now owns 823 shares of the real estate investment trust’s stock valued at $40,000 after purchasing an additional 307 shares in the last quarter. Finally, Van ECK Associates Corp raised its holdings in shares of EPR Properties by 4.3% in the 3rd quarter. Van ECK Associates Corp now owns 8,762 shares of the real estate investment trust’s stock valued at $364,000 after purchasing an additional 363 shares in the last quarter. 74.66% of the stock is currently owned by institutional investors and hedge funds.

EPR Properties Stock Up 0.1 %

EPR stock opened at $41.10 on Tuesday. The company has a market cap of $3.11 billion, a P/E ratio of 20.24 and a beta of 1.68. EPR Properties has a 52 week low of $39.65 and a 52 week high of $49.10. The company’s 50-day moving average price is $41.32 and its 200 day moving average price is $43.53. The company has a current ratio of 8.45, a quick ratio of 8.45 and a debt-to-equity ratio of 1.15.

EPR Properties Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, June 17th. Investors of record on Friday, May 31st will be issued a dividend of $0.285 per share. This represents a $3.42 dividend on an annualized basis and a yield of 8.32%. The ex-dividend date is Friday, May 31st. EPR Properties’s dividend payout ratio is currently 168.47%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. Bank of America lowered shares of EPR Properties from a “neutral” rating to an “underperform” rating and reduced their price objective for the company from $45.00 to $40.00 in a report on Monday, May 20th. StockNews.com upgraded shares of EPR Properties from a “hold” rating to a “buy” rating in a report on Tuesday, May 28th. Truist Financial reduced their price objective on shares of EPR Properties from $51.00 to $46.00 and set a “hold” rating on the stock in a report on Friday, March 22nd. JMP Securities reiterated a “market perform” rating on shares of EPR Properties in a research note on Monday, May 6th. Finally, Royal Bank of Canada cut their price target on shares of EPR Properties from $49.00 to $48.00 and set a “sector perform” rating on the stock in a research note on Tuesday, May 28th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the company. According to MarketBeat.com, EPR Properties has a consensus rating of “Hold” and an average target price of $47.25.

Read Our Latest Stock Report on EPR Properties

EPR Properties Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for EPR Properties (NYSE:EPR)

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