EPR Properties $EPR Shares Acquired by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans raised its holdings in shares of EPR Properties (NYSE:EPR) by 16.8% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 191,997 shares of the real estate investment trust’s stock after purchasing an additional 27,560 shares during the quarter. Thrivent Financial for Lutherans owned 0.25% of EPR Properties worth $11,138,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. AlphaQuest LLC boosted its stake in shares of EPR Properties by 456.8% during the 3rd quarter. AlphaQuest LLC now owns 39,547 shares of the real estate investment trust’s stock valued at $2,294,000 after buying an additional 32,445 shares during the last quarter. Arizona State Retirement System boosted its stake in EPR Properties by 1.4% during the 3rd quarter. Arizona State Retirement System now owns 22,509 shares of the real estate investment trust’s stock valued at $1,306,000 after acquiring an additional 310 shares during the last quarter. Truist Financial Corp boosted its stake in EPR Properties by 29.8% during the 3rd quarter. Truist Financial Corp now owns 5,183 shares of the real estate investment trust’s stock valued at $301,000 after acquiring an additional 1,189 shares during the last quarter. Vanguard Personalized Indexing Management LLC grew its holdings in EPR Properties by 1.8% during the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 19,507 shares of the real estate investment trust’s stock worth $1,132,000 after acquiring an additional 347 shares in the last quarter. Finally, James Investment Research Inc. increased its position in shares of EPR Properties by 13.4% in the 3rd quarter. James Investment Research Inc. now owns 6,686 shares of the real estate investment trust’s stock worth $388,000 after purchasing an additional 789 shares during the last quarter. 74.66% of the stock is owned by institutional investors and hedge funds.

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 Monday, February 2nd. The stock was sold at an average price of $53.89, for a total transaction of $404,175.00. Following the completion of the transaction, the executive vice president directly owned 66,294 shares in the company, valued at approximately $3,572,583.66. The trade was a 10.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 2.31% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Wall Street Zen downgraded EPR Properties from a “buy” rating to a “hold” rating in a research note on Saturday, November 1st. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $58.00 target price on shares of EPR Properties in a research report on Friday, January 30th. Truist Financial boosted their price target on EPR Properties from $55.00 to $57.00 and gave the company a “hold” rating in a report on Tuesday, November 18th. Wells Fargo & Company reduced their price objective on EPR Properties from $56.00 to $54.00 and set an “equal weight” rating on the stock in a research note on Tuesday, November 25th. Finally, JPMorgan Chase & Co. lowered their target price on shares of EPR Properties from $65.00 to $58.00 and set an “overweight” rating for the company in a research note on Tuesday, December 2nd. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, EPR Properties presently has a consensus rating of “Moderate Buy” and a consensus price target of $58.36.

EPR Properties Stock Up 1.2%

EPR Properties stock opened at $56.04 on Thursday. The company has a debt-to-equity ratio of 1.19, a quick ratio of 7.21 and a current ratio of 7.21. EPR Properties has a one year low of $41.75 and a one year high of $61.24. The company has a 50-day simple moving average of $52.08 and a 200-day simple moving average of $53.49. The firm has a market capitalization of $4.27 billion, a P/E ratio of 24.47, a P/E/G ratio of 3.28 and a beta of 0.99.

EPR Properties Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, February 17th. Shareholders of record on Friday, January 30th will be paid a $0.295 dividend. The ex-dividend date is Friday, January 30th. This represents a c) annualized dividend and a dividend yield of 6.3%. EPR Properties’s dividend payout ratio (DPR) is presently 154.59%.

EPR Properties Company Profile

EPR Properties is a real estate investment trust that specializes in experiential properties across the United States, Canada and select international markets. Established in 1997 and headquartered in Kansas City, Missouri, the company targets properties in the entertainment, recreation and education sectors. Its portfolio includes movie theaters, ski resorts, family entertainment centers, charter schools and other venues that benefit from consumer-driven experiences.

The trust employs long-term, triple-net lease agreements, where tenants are responsible for real estate taxes, insurance and maintenance.