AlphaQuest LLC Boosts Stock Holdings in EPR Properties $EPR

AlphaQuest LLC raised its holdings in EPR Properties (NYSE:EPR) by 43.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,102 shares of the real estate investment trust’s stock after purchasing an additional 2,152 shares during the period. AlphaQuest LLC’s holdings in EPR Properties were worth $414,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the business. Deutsche Bank AG increased its stake in shares of EPR Properties by 3,816.2% in the first quarter. Deutsche Bank AG now owns 1,874,975 shares of the real estate investment trust’s stock worth $98,642,000 after purchasing an additional 1,827,098 shares in the last quarter. LSV Asset Management boosted its position in shares of EPR Properties by 11.4% in the first quarter. LSV Asset Management now owns 1,257,666 shares of the real estate investment trust’s stock valued at $66,166,000 after acquiring an additional 128,568 shares during the period. AQR Capital Management LLC boosted its position in shares of EPR Properties by 38.3% in the first quarter. AQR Capital Management LLC now owns 1,195,997 shares of the real estate investment trust’s stock valued at $61,887,000 after acquiring an additional 331,513 shares during the period. American Century Companies Inc. boosted its position in shares of EPR Properties by 0.6% in the first quarter. American Century Companies Inc. now owns 1,092,032 shares of the real estate investment trust’s stock valued at $57,452,000 after acquiring an additional 6,085 shares during the period. Finally, Russell Investments Group Ltd. boosted its position in shares of EPR Properties by 378.0% in the first quarter. Russell Investments Group Ltd. now owns 821,532 shares of the real estate investment trust’s stock valued at $43,221,000 after acquiring an additional 649,675 shares during the period. Hedge funds and other institutional investors own 74.66% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. UBS Group cut their price objective on shares of EPR Properties from $62.00 to $54.00 and set a “neutral” rating for the company in a research report on Friday, August 15th. Stifel Nicolaus raised their price objective on shares of EPR Properties from $65.00 to $65.50 and gave the company a “buy” rating in a research report on Thursday, July 31st. JPMorgan Chase & Co. raised their price objective on shares of EPR Properties from $56.00 to $65.00 and gave the company an “overweight” rating in a research report on Friday, September 12th. Royal Bank Of Canada lowered shares of EPR Properties from an “outperform” rating to a “sector perform” rating and set a $58.00 price objective for the company. in a research report on Monday, August 4th. Finally, KeyCorp lowered shares of EPR Properties from an “overweight” rating to a “sector weight” rating in a research report on Tuesday, August 19th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, EPR Properties has an average rating of “Moderate Buy” and a consensus target price of $59.36.

EPR Properties Trading Down 0.8%

Shares of EPR Properties stock opened at $52.09 on Thursday. EPR Properties has a 1 year low of $41.75 and a 1 year high of $61.24. The firm has a market cap of $3.96 billion, a PE ratio of 25.66, a PEG ratio of 3.70 and a beta of 1.28. The company has a debt-to-equity ratio of 1.20, a current ratio of 7.77 and a quick ratio of 7.77. The company has a 50 day simple moving average of $55.24 and a two-hundred day simple moving average of $54.95.

EPR Properties (NYSE:EPR) last announced its earnings results on Wednesday, July 30th. The real estate investment trust reported $1.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.25 by ($0.01). EPR Properties had a net margin of 25.28% and a return on equity of 7.66%. The company had revenue of $150.35 million for the quarter, compared to the consensus estimate of $176.50 million. During the same quarter in the previous year, the firm earned $1.22 earnings per share. The company’s revenue for the quarter was up 3.7% compared to the same quarter last year. Analysts expect that EPR Properties will post 4.65 earnings per share for the current fiscal year.

EPR Properties Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, November 17th. Stockholders of record on Friday, October 31st will be issued a $0.295 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.8%. The ex-dividend date is Friday, October 31st. EPR Properties’s payout ratio is presently 174.38%.

Insider Buying and Selling at EPR Properties

In other news, EVP Gregory E. Zimmerman sold 7,500 shares of the business’s stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $58.12, for a total value of $435,900.00. Following the completion of the sale, the executive vice president directly owned 81,377 shares in the company, valued at approximately $4,729,631.24. The trade was a 8.44% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In the last three months, insiders have sold 22,500 shares of company stock valued at $1,248,075. Insiders own 2.31% of the company’s stock.

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.