ERTS Wealth Advisors LLC bought a new position in EPR Properties (NYSE:EPR) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 690 shares of the real estate investment trust’s stock, valued at approximately $44,000.
A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Lindbrook Capital LLC acquired a new stake in shares of EPR Properties during the 4th quarter valued at about $25,000. Oregon Public Employees Retirement Fund boosted its position in shares of EPR Properties by 6,303.0% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 1,873,518 shares of the real estate investment trust’s stock valued at $29,000 after acquiring an additional 1,844,258 shares in the last quarter. Pearl River Capital LLC acquired a new stake in shares of EPR Properties during the 4th quarter valued at about $32,000. Capital Investment Advisory Services LLC acquired a new stake in shares of EPR Properties during the 4th quarter valued at about $33,000. Finally, Fort L.P. boosted its position in shares of EPR Properties by 173.2% during the 4th quarter. Fort L.P. now owns 560 shares of the real estate investment trust’s stock valued at $36,000 after acquiring an additional 355 shares in the last quarter. Hedge funds and other institutional investors own 84.28% of the company’s stock.
EPR has been the topic of several recent research reports. Raymond James upgraded shares of EPR Properties from a “market perform” rating to an “outperform” rating and set a $76.00 target price on the stock in a research report on Thursday, December 6th. JPMorgan Chase & Co. raised shares of EPR Properties from an “underweight” rating to a “neutral” rating in a report on Wednesday, December 19th. Zacks Investment Research downgraded shares of EPR Properties from a “hold” rating to a “sell” rating in a research note on Wednesday, January 16th. Royal Bank of Canada reissued a “buy” rating and set a $73.00 price target on shares of EPR Properties in a research note on Monday, November 26th. Finally, ValuEngine upgraded shares of EPR Properties from a “hold” rating to a “buy” rating in a report on Saturday, March 9th. One analyst has rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $69.93.
In other EPR Properties news, Director Robin Peppe Sterneck sold 860 shares of the company’s stock in a transaction on Friday, March 1st. The shares were sold at an average price of $72.60, for a total transaction of $62,436.00. Following the sale, the director now directly owns 1,882 shares of the company’s stock, valued at $136,633.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Mark Alan Peterson sold 3,575 shares of the company’s stock in a transaction on Tuesday, January 29th. The stock was sold at an average price of $72.02, for a total transaction of $257,471.50. The disclosure for this sale can be found here. Insiders have sold 15,563 shares of company stock worth $1,154,384 over the last ninety days. Insiders own 1.36% of the company’s stock.
NYSE EPR traded up $0.02 on Thursday, hitting $75.45. 846 shares of the stock were exchanged, compared to its average volume of 408,348. The company has a current ratio of 3.77, a quick ratio of 3.77 and a debt-to-equity ratio of 1.04. EPR Properties has a 52 week low of $52.80 and a 52 week high of $76.16. The firm has a market capitalization of $5.65 billion, a P/E ratio of 12.56, a price-to-earnings-growth ratio of 4.21 and a beta of 0.69.
The company also recently declared a monthly dividend, which will be paid on Friday, March 15th. Shareholders of record on Thursday, February 28th will be given a dividend of $0.375 per share. This is a positive change from EPR Properties’s previous monthly dividend of $0.36. This represents a $4.50 annualized dividend and a yield of 5.96%. The ex-dividend date is Wednesday, February 27th.
EPR Properties Company Profile
EPR Properties is a specialty real estate investment trust (REIT) that invests in properties in select market segments which require unique industry knowledge, while offering the potential for stable and attractive returns. Our total investments exceed $6.7 billion and our primary investment segments are Entertainment, Recreation and Education.
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