Hancock Whitney Corp Has $1.02 Million Holdings in EPR Properties (NYSE:EPR)

Hancock Whitney Corp lessened its holdings in shares of EPR Properties (NYSE:EPR) by 12.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,315 shares of the real estate investment trust’s stock after selling 3,327 shares during the quarter. Hancock Whitney Corp’s holdings in EPR Properties were worth $1,021,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. Wellington Management Group LLP grew its position in EPR Properties by 290.3% during the fourth quarter. Wellington Management Group LLP now owns 1,691,029 shares of the real estate investment trust’s stock valued at $81,930,000 after purchasing an additional 1,257,791 shares in the last quarter. Norges Bank acquired a new position in shares of EPR Properties in the fourth quarter worth $42,761,000. Renaissance Technologies LLC raised its holdings in shares of EPR Properties by 23.3% during the second quarter. Renaissance Technologies LLC now owns 1,177,586 shares of the real estate investment trust’s stock worth $49,435,000 after acquiring an additional 222,800 shares in the last quarter. Swedbank AB acquired a new stake in EPR Properties during the first quarter valued at $7,429,000. Finally, Vanguard Group Inc. boosted its position in EPR Properties by 1.0% during the first quarter. Vanguard Group Inc. now owns 11,366,416 shares of the real estate investment trust’s stock valued at $482,504,000 after purchasing an additional 109,144 shares during the last quarter. Institutional investors and hedge funds own 74.66% of the company’s stock.

EPR Properties Trading Down 0.0 %

Shares of EPR Properties stock opened at $48.71 on Monday. The company has a market cap of $3.69 billion, a price-to-earnings ratio of 24.00 and a beta of 1.75. EPR Properties has a 1 year low of $39.65 and a 1 year high of $49.63. The company’s fifty day simple moving average is $45.97 and its 200-day simple moving average is $42.98. The company has a current ratio of 11.12, a quick ratio of 11.12 and a debt-to-equity ratio of 1.16.

EPR Properties Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be issued a dividend of $0.285 per share. The ex-dividend date of this dividend is Monday, September 30th. This represents a $3.42 annualized dividend and a dividend yield of 7.02%. EPR Properties’s payout ratio is 168.47%.

Analyst Ratings Changes

Several brokerages have recently issued reports on EPR. Raymond James upgraded EPR Properties from an “outperform” rating to a “strong-buy” rating and set a $54.00 price target for the company in a report on Wednesday, August 21st. Royal Bank of Canada upgraded shares of EPR Properties from a “sector perform” rating to an “outperform” rating and increased their price target for the stock from $48.00 to $50.00 in a research note on Monday, August 5th. Truist Financial raised their price target on shares of EPR Properties from $44.00 to $46.00 and gave the company a “hold” rating in a report on Friday, August 16th. Wells Fargo & Company upped their price objective on shares of EPR Properties from $42.00 to $45.00 and gave the stock an “underweight” rating in a report on Monday, August 26th. Finally, JMP Securities restated a “market perform” rating on shares of EPR Properties in a report on Friday, June 14th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, EPR Properties currently has an average rating of “Hold” and an average price target of $48.06.

Insider Activity

In related news, CAO Tonya L. Mater sold 1,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 21st. The stock was sold at an average price of $46.00, for a total transaction of $46,000.00. Following the completion of the transaction, the chief accounting officer now owns 42,710 shares in the company, valued at approximately $1,964,660. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other EPR Properties news, CAO Tonya L. Mater sold 1,000 shares of the company’s stock in a transaction on Wednesday, August 21st. The stock was sold at an average price of $46.00, for a total value of $46,000.00. Following the sale, the chief accounting officer now directly owns 42,710 shares in the company, valued at $1,964,660. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Gwendolyn Mary Johnson sold 592 shares of EPR Properties stock in a transaction on Monday, August 5th. The shares were sold at an average price of $43.82, for a total value of $25,941.44. Following the transaction, the senior vice president now directly owns 5,780 shares of the company’s stock, valued at $253,279.60. The disclosure for this sale can be found here. Corporate insiders own 2.13% of the company’s stock.

About EPR Properties

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.