OVERSEA CHINESE BANKING Corp Ltd Acquires Shares of 91,714 EPR Properties (NYSE:EPR)

OVERSEA CHINESE BANKING Corp Ltd acquired a new stake in shares of EPR Properties (NYSE:EPR - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 91,714 shares of the real estate investment trust's stock, valued at approximately $4,825,000. OVERSEA CHINESE BANKING Corp Ltd owned 0.12% of EPR Properties as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Principal Financial Group Inc. boosted its position in EPR Properties by 0.4% in the first quarter. Principal Financial Group Inc. now owns 174,282 shares of the real estate investment trust's stock worth $9,169,000 after purchasing an additional 699 shares during the last quarter. GAMMA Investing LLC lifted its stake in shares of EPR Properties by 66.0% in the 1st quarter. GAMMA Investing LLC now owns 1,871 shares of the real estate investment trust's stock worth $98,000 after purchasing an additional 744 shares during the period. Robeco Institutional Asset Management B.V. bought a new position in shares of EPR Properties in the 1st quarter worth approximately $325,000. JPMorgan Chase & Co. boosted its holdings in shares of EPR Properties by 1.8% in the fourth quarter. JPMorgan Chase & Co. now owns 685,542 shares of the real estate investment trust's stock worth $30,356,000 after buying an additional 12,425 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new stake in EPR Properties during the fourth quarter valued at approximately $13,145,000. Hedge funds and other institutional investors own 74.66% of the company's stock.

EPR Properties Price Performance

Shares of NYSE EPR traded down $0.73 during midday trading on Friday, reaching $58.64. The stock had a trading volume of 404,011 shares, compared to its average volume of 634,527. The stock has a 50-day moving average of $56.43 and a 200-day moving average of $51.35. The company has a debt-to-equity ratio of 1.20, a quick ratio of 8.28 and a current ratio of 8.28. The company has a market capitalization of $4.46 billion, a price-to-earnings ratio of 36.00, a price-to-earnings-growth ratio of 4.58 and a beta of 1.27. EPR Properties has a 12-month low of $41.75 and a 12-month high of $61.24.

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

EPR Properties Dividend Announcement

The company also recently disclosed a jul 25 dividend, which will be paid on Friday, August 15th. Stockholders of record on Thursday, July 31st will be paid a $0.295 dividend. The ex-dividend date is Thursday, July 31st. This represents a dividend yield of 5.9%. EPR Properties's dividend payout ratio (DPR) is presently 217.18%.

Insider Activity

In related news, EVP Gregory E. Zimmerman sold 7,500 shares of the company's stock in a transaction on 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 in the company, valued at approximately $6,063,300.49. This represents a 6.73% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.31% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research analysts have weighed in on EPR shares. Stifel Nicolaus upgraded shares of EPR Properties from a "hold" rating to a "buy" rating and increased their price target for the stock from $52.00 to $65.00 in a research report on Friday, June 20th. Wells Fargo & Company upped their price objective on 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 EPR Properties from a "hold" rating to a "buy" rating in a research note on Monday, May 12th. UBS Group upped their price objective on EPR Properties from $56.00 to $62.00 and gave the stock a "neutral" rating in a research note on Wednesday. Finally, Royal Bank Of Canada restated an "outperform" rating and issued a $58.00 price objective on shares of EPR Properties in a research note on Monday, May 19th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, EPR Properties presently has a consensus rating of "Moderate Buy" and an average price target of $57.29.

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.