Blue Trust Inc. Raises Stake in EPR Properties (NYSE:EPR)

Blue Trust Inc. increased its holdings in EPR Properties (NYSE:EPR) by 67.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 709 shares of the real estate investment trust’s stock after acquiring an additional 285 shares during the quarter. Blue Trust Inc.’s holdings in EPR Properties were worth $35,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. V Square Quantitative Management LLC acquired a new position in shares of EPR Properties during the third quarter valued at about $27,000. GAMMA Investing LLC raised its stake in EPR Properties by 262.2% in the 2nd quarter. GAMMA Investing LLC now owns 594 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 430 shares during the last quarter. Abich Financial Wealth Management LLC increased its stake in shares of EPR Properties by 53.7% in the 1st quarter. Abich Financial Wealth Management LLC now owns 902 shares of the real estate investment trust’s stock worth $38,000 after acquiring an additional 315 shares during the last quarter. EntryPoint Capital LLC acquired a new stake in shares of EPR Properties in the 1st quarter worth $47,000. Finally, Ashton Thomas Private Wealth LLC acquired a new stake in shares of EPR Properties in the 2nd quarter worth $55,000. 74.66% of the stock is owned by hedge funds and other institutional investors.

EPR Properties Stock Performance

Shares of NYSE EPR opened at $44.86 on Friday. EPR Properties has a 52-week low of $39.65 and a 52-week high of $50.26. The company has a quick ratio of 11.12, a current ratio of 11.12 and a debt-to-equity ratio of 1.16. The stock has a market capitalization of $3.40 billion, a price-to-earnings ratio of 19.42 and a beta of 1.75. The stock’s fifty day simple moving average is $47.91 and its 200 day simple moving average is $44.26.

EPR Properties Announces Dividend

The business also recently disclosed a oct 24 dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st will be paid a $0.285 dividend. The ex-dividend date is Thursday, October 31st. This represents a dividend yield of 6.9%. EPR Properties’s dividend payout ratio is currently 148.05%.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Truist Financial raised their target price on 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 reissued an “underweight” rating and set a $47.00 target price (up previously from $45.00) on shares of EPR Properties in a research report on Tuesday, October 1st. JPMorgan Chase & Co. boosted their target price on EPR Properties from $48.00 to $51.00 and gave the company an “overweight” rating in a report on Monday, September 9th. Raymond James upgraded EPR Properties from an “outperform” rating to a “strong-buy” rating and set a $54.00 price target on the stock in a research note on Wednesday, August 21st. Finally, JMP Securities reiterated a “market perform” rating on shares of EPR Properties in a research report on Tuesday, September 24th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $48.31.

Insider Buying and Selling

In other news, CAO Tonya L. Mater sold 1,000 shares of the 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 transaction, the chief accounting officer now owns 42,710 shares of the company’s stock, valued at $1,964,660. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In other EPR Properties news, CAO Tonya L. Mater sold 1,000 shares of the stock in a transaction dated 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. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Gwendolyn Mary Johnson sold 592 shares of the firm’s stock in a transaction dated Monday, August 5th. The shares were sold at an average price of $43.82, for a total value of $25,941.44. Following the completion of the transaction, the senior vice president now owns 5,780 shares of the company’s stock, valued at $253,279.60. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. 2.13% of the stock is owned by corporate insiders.

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.