OVERSEA CHINESE BANKING Corp Ltd lowered its holdings in EPR Properties (NYSE:EPR - Free Report) by 31.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 44,483 shares of the real estate investment trust's stock after selling 20,775 shares during the period. OVERSEA CHINESE BANKING Corp Ltd owned about 0.06% of EPR Properties worth $2,155,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in EPR Properties by 0.5% in the third quarter. Vanguard Group Inc. now owns 11,272,904 shares of the real estate investment trust's stock valued at $404,247,000 after acquiring an additional 52,586 shares during the last quarter. State Street Corp lifted its stake in EPR Properties by 0.5% in the second quarter. State Street Corp now owns 4,197,625 shares of the real estate investment trust's stock valued at $197,582,000 after acquiring an additional 19,701 shares during the last quarter. Prudential Financial Inc. lifted its stake in EPR Properties by 24.5% in the first quarter. Prudential Financial Inc. now owns 1,708,349 shares of the real estate investment trust's stock valued at $93,463,000 after acquiring an additional 336,729 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in EPR Properties by 3.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,227,642 shares of the real estate investment trust's stock valued at $50,996,000 after acquiring an additional 38,937 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in EPR Properties by 3.8% in the first quarter. Geode Capital Management LLC now owns 1,222,718 shares of the real estate investment trust's stock valued at $46,586,000 after acquiring an additional 44,509 shares during the last quarter. Institutional investors own 74.66% of the company's stock.
EPR Properties Price Performance
EPR stock traded down $0.01 during mid-day trading on Friday, hitting $40.41. The stock had a trading volume of 559,314 shares, compared to its average volume of 624,045. The company has a current ratio of 7.53, a quick ratio of 7.53 and a debt-to-equity ratio of 1.15. EPR Properties has a 52 week low of $39.01 and a 52 week high of $49.10. The firm has a market capitalization of $3.06 billion, a P/E ratio of 20.51 and a beta of 1.65. The firm has a fifty day simple moving average of $41.69 and a 200 day simple moving average of $43.90.
EPR Properties Dividend Announcement
The company also recently announced a monthly dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Tuesday, April 30th will be issued a $0.285 dividend. This represents a $3.42 annualized dividend and a yield of 8.46%. The ex-dividend date is Monday, April 29th. EPR Properties's dividend payout ratio is currently 173.60%.
Analyst Ratings Changes
EPR has been the subject of a number of recent analyst reports. 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. Truist Financial cut their target price on shares of EPR Properties from $51.00 to $46.00 and set a "hold" rating for the company in a research note on Friday, March 22nd. JMP Securities cut shares of EPR Properties from an "outperform" rating to a "market perform" rating in a research note on Monday, January 22nd. KeyCorp raised their target price on shares of EPR Properties from $47.00 to $51.00 and gave the stock an "overweight" rating in a research note on Friday, January 5th. Finally, Raymond James raised their target price on shares of EPR Properties from $50.00 to $54.00 and gave the stock an "outperform" rating in a research note on Monday, January 8th. One equities 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 stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $48.05.
Check Out Our Latest Stock Analysis on EPR Properties
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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