Asset Management One Co. Ltd. Buys 25,159 Shares of EPR Properties (NYSE:EPR)

Asset Management One Co. Ltd. increased its stake in shares of EPR Properties (NYSE:EPR - Free Report) by 22.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 135,633 shares of the real estate investment trust's stock after purchasing an additional 25,159 shares during the quarter. Asset Management One Co. Ltd. owned about 0.18% of EPR Properties worth $7,136,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. Oppenheimer & Co. Inc. raised its position in EPR Properties by 2.8% in the 1st quarter. Oppenheimer & Co. Inc. now owns 72,045 shares of the real estate investment trust's stock worth $3,790,000 after purchasing an additional 1,942 shares during the last quarter. Longboard Asset Management LP bought a new stake in shares of EPR Properties during the first quarter worth $206,000. State of Alaska Department of Revenue raised its position in shares of EPR Properties by 1.5% during the first quarter. State of Alaska Department of Revenue now owns 45,362 shares of the real estate investment trust's stock worth $2,384,000 after acquiring an additional 685 shares during the last quarter. QRG Capital Management Inc. lifted its stake in shares of EPR Properties by 4.3% during the first quarter. QRG Capital Management Inc. now owns 81,368 shares of the real estate investment trust's stock valued at $4,281,000 after acquiring an additional 3,383 shares during the period. Finally, Cyndeo Wealth Partners LLC boosted its holdings in EPR Properties by 6.1% in the first quarter. Cyndeo Wealth Partners LLC now owns 154,954 shares of the real estate investment trust's stock valued at $8,152,000 after acquiring an additional 8,922 shares during the last quarter. 74.66% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several brokerages have weighed in on EPR. UBS Group boosted their price objective on EPR Properties from $52.00 to $56.00 and gave the stock a "neutral" rating in a report on Tuesday, May 13th. 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 report on Monday, June 2nd. Wall Street Zen upgraded shares of EPR Properties from a "hold" rating to a "buy" rating in a report on Monday, May 12th. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $58.00 price objective 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 upped their target price for the company from $52.00 to $65.00 in a research report on Friday, June 20th. One analyst has rated the stock with a sell rating, three have issued a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $56.43.

EPR Properties Trading Down 0.3%

NYSE EPR traded down $0.19 during trading on Friday, reaching $57.49. 985,286 shares of the stock traded hands, compared to its average volume of 626,498. EPR Properties has a fifty-two week low of $41.02 and a fifty-two week high of $59.31. The company has a quick ratio of 8.28, a current ratio of 8.28 and a debt-to-equity ratio of 1.20. The firm has a market cap of $4.37 billion, a price-to-earnings ratio of 35.27, a price-to-earnings-growth ratio of 4.38 and a beta of 1.27. The stock's 50-day moving average price is $53.88 and its 200 day moving average price is $50.02.

EPR Properties (NYSE:EPR - Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The real estate investment trust reported $1.21 earnings per share for the quarter, topping analysts' consensus estimates of $1.16 by $0.05. EPR Properties had a net margin of 21.13% and a return on equity of 6.30%. The company had revenue of $146.36 million for the quarter, compared to analysts' expectations of $155.46 million. During the same period last year, the firm posted $1.12 earnings per share. The business's quarterly revenue was up 4.7% compared to the same quarter last year. Analysts predict that EPR Properties will post 4.65 EPS for the current year.

EPR Properties Dividend Announcement

The firm also recently announced a jun 25 dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th will be paid a $0.295 dividend. The ex-dividend date of this dividend is Monday, June 30th. This represents a yield of 6.3%. EPR Properties's payout ratio is 217.18%.

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.