Raymond James & Associates Raises Holdings in EPR Properties (NYSE:EPR)

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Raymond James & Associates raised its stake in EPR Properties (NYSE:EPR) by 4.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 164,710 shares of the real estate investment trust’s stock after purchasing an additional 7,089 shares during the period. Raymond James & Associates owned about 0.22% of EPR Properties worth $10,672,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Swiss National Bank lifted its holdings in shares of EPR Properties by 2.2% in the 1st quarter. Swiss National Bank now owns 128,288 shares of the real estate investment trust’s stock valued at $7,107,000 after buying an additional 2,800 shares during the period. Schwab Charles Investment Management Inc. raised its holdings in EPR Properties by 7.5% during the first quarter. Schwab Charles Investment Management Inc. now owns 381,918 shares of the real estate investment trust’s stock worth $21,159,000 after purchasing an additional 26,675 shares during the last quarter. Eagle Asset Management Inc. raised its holdings in shares of EPR Properties by 15.3% in the first quarter. Eagle Asset Management Inc. now owns 60,433 shares of the real estate investment trust’s stock worth $3,347,000 after acquiring an additional 8,000 shares during the last quarter. 6 Meridian raised its holdings in shares of EPR Properties by 25.6% in the first quarter. 6 Meridian now owns 8,065 shares of the real estate investment trust’s stock worth $447,000 after acquiring an additional 1,643 shares during the last quarter. Finally, Glen Harbor Capital Management LLC raised its holdings in shares of EPR Properties by 180.8% in the first quarter. Glen Harbor Capital Management LLC now owns 12,176 shares of the real estate investment trust’s stock worth $675,000 after acquiring an additional 7,840 shares during the last quarter. 89.63% of the stock is currently owned by institutional investors.

A number of equities analysts have recently weighed in on EPR shares. Stifel Nicolaus boosted their price target on EPR Properties from $63.00 to $66.00 and gave the stock a “hold” rating in a report on Tuesday, June 19th. Bank of America lifted their price objective on EPR Properties from $62.25 to $65.00 and gave the company a “neutral” rating in a research report on Monday, July 16th. Raymond James initiated coverage on EPR Properties in a research report on Friday, July 20th. They issued a “market perform” rating for the company. Citigroup boosted their price target on EPR Properties from $60.00 to $65.00 and gave the company a “neutral” rating in a research report on Thursday, August 2nd. Finally, TheStreet raised EPR Properties from a “c” rating to a “b” rating in a research report on Wednesday, August 1st. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $70.94.

In other EPR Properties news, SVP Michael L. Hirons sold 7,000 shares of the company’s stock in a transaction that occurred on Friday, August 17th. The stock was sold at an average price of $69.97, for a total transaction of $489,790.00. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 1.36% of the company’s stock.

Shares of NYSE EPR traded down $0.56 on Friday, hitting $66.14. The company had a trading volume of 502,977 shares, compared to its average volume of 530,203. The company has a debt-to-equity ratio of 1.03, a current ratio of 6.16 and a quick ratio of 6.16. EPR Properties has a 12-month low of $51.87 and a 12-month high of $71.43. The company has a market capitalization of $5.09 billion, a price-to-earnings ratio of 13.18, a PEG ratio of 4.66 and a beta of 0.51.

EPR Properties (NYSE:EPR) last released its quarterly earnings results on Monday, July 30th. The real estate investment trust reported $1.15 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.86 by ($0.71). EPR Properties had a return on equity of 8.63% and a net margin of 38.00%. The business had revenue of $202.90 million during the quarter, compared to analyst estimates of $198.17 million. During the same quarter last year, the firm posted $1.29 EPS. The company’s revenue was up 37.3% compared to the same quarter last year. Research analysts expect that EPR Properties will post 6.04 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, October 15th. Shareholders of record on Friday, September 28th will be paid a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a yield of 2.18%. The ex-dividend date of this dividend is Thursday, September 27th. EPR Properties’s payout ratio is currently 86.06%.

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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Institutional Ownership by Quarter for EPR Properties (NYSE:EPR)

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