Assetmark Inc. Has $1.61 Million Stock Holdings in EPR Properties $EPR

Assetmark Inc. lifted its position in EPR Properties (NYSE:EPR) by 72.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 27,789 shares of the real estate investment trust’s stock after buying an additional 11,696 shares during the quarter. Assetmark Inc.’s holdings in EPR Properties were worth $1,612,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. True Wealth Design LLC lifted its position in EPR Properties by 99.6% during the 3rd quarter. True Wealth Design LLC now owns 461 shares of the real estate investment trust’s stock worth $27,000 after acquiring an additional 230 shares during the last quarter. Atlantic Union Bankshares Corp acquired a new position in shares of EPR Properties during the 3rd quarter worth about $27,000. Loomis Sayles & Co. L P bought a new stake in EPR Properties during the 2nd quarter valued at approximately $32,000. SJS Investment Consulting Inc. boosted its stake in EPR Properties by 4,964.7% during the 3rd quarter. SJS Investment Consulting Inc. now owns 861 shares of the real estate investment trust’s stock valued at $50,000 after purchasing an additional 844 shares during the period. Finally, Cullen Frost Bankers Inc. grew its holdings in EPR Properties by 201.6% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 938 shares of the real estate investment trust’s stock valued at $55,000 after buying an additional 627 shares during the last quarter. 74.66% of the stock is owned by institutional investors.

EPR Properties Trading Up 0.4%

Shares of EPR opened at $57.32 on Friday. The company has a quick ratio of 7.21, a current ratio of 7.21 and a debt-to-equity ratio of 1.19. The firm has a market capitalization of $4.36 billion, a PE ratio of 25.03, a price-to-earnings-growth ratio of 3.38 and a beta of 0.99. The stock’s fifty day simple moving average is $53.35 and its 200-day simple moving average is $53.54. EPR Properties has a 12-month low of $41.75 and a 12-month high of $61.24.

EPR Properties Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, March 16th. Investors of record on Friday, February 27th will be issued a $0.295 dividend. This represents a c) dividend on an annualized basis and a yield of 6.2%. The ex-dividend date is Friday, February 27th. EPR Properties’s dividend payout ratio is currently 154.59%.

Insiders Place Their Bets

In other EPR Properties news, EVP Gregory E. Zimmerman sold 7,500 shares of the company’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $53.89, for a total value of $404,175.00. Following the completion of the sale, the executive vice president owned 66,294 shares of the company’s stock, valued at approximately $3,572,583.66. This represents a 10.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 2.31% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on EPR shares. Weiss Ratings reissued a “buy (b-)” rating on shares of EPR Properties in a research report on Monday, December 29th. Wells Fargo & Company decreased their price target on shares of EPR Properties from $56.00 to $54.00 and set an “equal weight” rating on the stock in a research report on Tuesday, November 25th. Truist Financial upped their price objective on shares of EPR Properties from $55.00 to $57.00 and gave the company a “hold” rating in a research report on Tuesday, November 18th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $58.00 target price on shares of EPR Properties in a research note on Friday, January 30th. Finally, JPMorgan Chase & Co. lowered their price target on EPR Properties from $65.00 to $58.00 and set an “overweight” rating on the stock in a research note on Tuesday, December 2nd. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, EPR Properties has a consensus rating of “Moderate Buy” and a consensus price target of $58.36.

EPR Properties 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.