Strs Ohio lowered its stake in shares of EPR Properties (NYSE:EPR - Free Report) by 55.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 42,456 shares of the real estate investment trust's stock after selling 53,594 shares during the period. Strs Ohio owned about 0.06% of EPR Properties worth $2,056,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also modified their holdings of EPR. Raymond James Financial Services Advisors Inc. grew its stake in EPR Properties by 4.0% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 9,251 shares of the real estate investment trust's stock valued at $506,000 after acquiring an additional 356 shares in the last quarter. US Bancorp DE grew its stake in EPR Properties by 6.2% during the 1st quarter. US Bancorp DE now owns 6,103 shares of the real estate investment trust's stock valued at $333,000 after acquiring an additional 356 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its stake in EPR Properties by 16.8% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 10,577 shares of the real estate investment trust's stock valued at $579,000 after acquiring an additional 1,523 shares in the last quarter. Bank of Montreal Can grew its stake in shares of EPR Properties by 987.9% in the 1st quarter. Bank of Montreal Can now owns 98,989 shares of the real estate investment trust's stock valued at $5,547,000 after buying an additional 89,890 shares during the period. Finally, MetLife Investment Management LLC grew its stake in shares of EPR Properties by 33.4% in the 1st quarter. MetLife Investment Management LLC now owns 48,362 shares of the real estate investment trust's stock valued at $2,646,000 after buying an additional 12,111 shares during the period. Hedge funds and other institutional investors own 74.66% of the company's stock.
EPR Properties Price Performance
Shares of NYSE EPR traded down $0.01 during midday trading on Friday, hitting $40.41. The company had a trading volume of 559,314 shares, compared to its average volume of 624,045. The company has a quick ratio of 7.53, a current ratio of 7.53 and a debt-to-equity ratio of 1.15. The firm has a market capitalization of $3.06 billion, a price-to-earnings ratio of 20.51 and a beta of 1.65. The business has a 50-day simple moving average of $41.69 and a two-hundred day simple moving average of $43.88. EPR Properties has a twelve month low of $39.01 and a twelve month high of $49.10.
EPR Properties Dividend Announcement
The company also recently declared a monthly dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Tuesday, April 30th will be issued a dividend of $0.285 per share. The ex-dividend date of this dividend is Monday, April 29th. This represents a $3.42 dividend on an annualized basis and a dividend yield of 8.46%. EPR Properties's dividend payout ratio (DPR) is presently 173.60%.
Wall Street Analyst Weigh In
EPR has been the subject of several analyst reports. KeyCorp increased their price target on shares of EPR Properties from $47.00 to $51.00 and gave the company an "overweight" rating in a research note on Friday, January 5th. Royal Bank of Canada increased their price target on shares of EPR Properties from $48.00 to $51.00 and gave the company a "sector perform" rating in a research note on Thursday, January 11th. Raymond James upped their price objective on shares of EPR Properties from $50.00 to $54.00 and gave the stock an "outperform" rating in a report on Monday, January 8th. JMP Securities lowered shares of EPR Properties from an "outperform" rating to a "market perform" rating in a report on Monday, January 22nd. Finally, Truist Financial reduced their target price on shares of EPR Properties from $51.00 to $46.00 and set a "hold" rating on the stock in a report on Friday, March 22nd. One research analyst has rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat.com, EPR Properties presently has a consensus rating of "Hold" and an average target price of $48.05.
Read Our Latest Research Report on EPR
About EPR Properties
(
Free Report)
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.
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