Robeco Institutional Asset Management B.V. bought a new position in EPR Properties (NYSE:EPR – Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 6,170 shares of the real estate investment trust’s stock, valued at approximately $325,000.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wealthfront Advisers LLC purchased a new position in shares of EPR Properties during the 4th quarter worth $302,313,000. Norges Bank purchased a new position in shares of EPR Properties during the 4th quarter worth $41,148,000. American Century Companies Inc. boosted its stake in shares of EPR Properties by 44.6% during the 4th quarter. American Century Companies Inc. now owns 1,085,947 shares of the real estate investment trust’s stock worth $48,086,000 after acquiring an additional 334,943 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of EPR Properties during the 4th quarter worth $13,145,000. Finally, Northern Trust Corp boosted its stake in shares of EPR Properties by 30.6% during the 4th quarter. Northern Trust Corp now owns 844,940 shares of the real estate investment trust’s stock worth $37,414,000 after acquiring an additional 198,019 shares during the last quarter. Hedge funds and other institutional investors own 74.66% of the company’s stock.
EPR Properties Stock Up 1.0%
EPR opened at $59.04 on Thursday. The firm has a 50-day simple moving average of $54.44 and a two-hundred day simple moving average of $50.27. EPR Properties has a 52 week low of $41.22 and a 52 week high of $59.31. The company has a market capitalization of $4.49 billion, a PE ratio of 36.22, a price-to-earnings-growth ratio of 4.45 and a beta of 1.27. The company has a quick ratio of 8.28, a current ratio of 8.28 and a debt-to-equity ratio of 1.20.
EPR Properties Announces Dividend
The business also recently disclosed a jun 25 dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th will be issued a dividend of $0.295 per share. This represents a dividend yield of 6.3%. The ex-dividend date of this dividend is Monday, June 30th. EPR Properties’s dividend payout ratio (DPR) is presently 217.18%.
Analyst Upgrades and Downgrades
Several research analysts have recently weighed in on EPR shares. Wells Fargo & Company lifted their price target on shares of EPR Properties from $52.00 to $53.00 and gave the stock an “underweight” rating in a research note on Monday, June 2nd. Wall Street Zen upgraded shares of EPR Properties from a “hold” rating to a “buy” rating in a research note on Monday, May 12th. Raymond James Financial restated a “strong-buy” rating on shares of EPR Properties in a research note on Friday, May 23rd. Royal Bank Of Canada restated an “outperform” rating and set a $58.00 target price on shares of EPR Properties in a research note on Monday, May 19th. Finally, Stifel Nicolaus upgraded shares of EPR Properties from a “hold” rating to a “buy” rating and lifted their target price for the company from $52.00 to $65.00 in a research note on Friday, June 20th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, EPR Properties has an average rating of “Moderate Buy” and a consensus price target of $56.43.
Get Our Latest Research Report on EPR
Insider Activity at EPR Properties
In other EPR Properties news, EVP Gregory E. Zimmerman sold 7,500 shares of the stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $58.37, for a total transaction of $437,775.00. Following the completion of the transaction, the executive vice president owned 103,877 shares of the company’s stock, valued at $6,063,300.49. This represents a 6.73% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 2.31% of the stock is owned by company insiders.
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.
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