Cornercap Investment Counsel Inc. Sells 18,195 Shares of EPR Properties (NYSE:EPR)

Cornercap Investment Counsel Inc. cut its position in shares of EPR Properties (NYSE:EPR) by 80.1% in the third quarter, Holdings Channel.com reports. The firm owned 4,522 shares of the real estate investment trust’s stock after selling 18,195 shares during the quarter. Cornercap Investment Counsel Inc.’s holdings in EPR Properties were worth $222,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Metis Global Partners LLC increased its position in shares of EPR Properties by 31.8% during the third quarter. Metis Global Partners LLC now owns 7,797 shares of the real estate investment trust’s stock worth $382,000 after acquiring an additional 1,881 shares during the period. Versor Investments LP boosted its holdings in shares of EPR Properties by 43.1% in the 3rd quarter. Versor Investments LP now owns 18,600 shares of the real estate investment trust’s stock valued at $912,000 after buying an additional 5,600 shares in the last quarter. Venturi Wealth Management LLC grew its stake in EPR Properties by 42.3% during the 3rd quarter. Venturi Wealth Management LLC now owns 1,474 shares of the real estate investment trust’s stock worth $72,000 after buying an additional 438 shares during the last quarter. Los Angeles Capital Management LLC boosted its holdings in shares of EPR Properties by 19.0% in the 3rd quarter. Los Angeles Capital Management LLC now owns 302,130 shares of the real estate investment trust’s stock valued at $14,816,000 after acquiring an additional 48,229 shares during the last quarter. Finally, State of New Jersey Common Pension Fund D increased its stake in shares of EPR Properties by 31.6% in the third quarter. State of New Jersey Common Pension Fund D now owns 41,674 shares of the real estate investment trust’s stock worth $2,044,000 after acquiring an additional 10,000 shares during the period. 74.66% of the stock is owned by institutional investors.

Insider Activity

In related news, CAO Tonya L. Mater sold 1,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 21st. The stock was sold at an average price of $46.00, for a total transaction of $46,000.00. Following the completion of the sale, the chief accounting officer now directly owns 42,710 shares in the company, valued at approximately $1,964,660. The trade was a 2.29 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 2.13% of the company’s stock.

EPR Properties Trading Up 0.4 %

Shares of NYSE:EPR opened at $44.45 on Tuesday. The business’s 50 day moving average price is $47.41 and its 200-day moving average price is $44.62. EPR Properties has a 1 year low of $39.65 and a 1 year high of $50.26. The firm has a market capitalization of $3.37 billion, a price-to-earnings ratio of 19.24 and a beta of 1.76. The company has a debt-to-equity ratio of 1.19, a current ratio of 7.81 and a quick ratio of 7.81.

EPR Properties Announces Dividend

The business also recently announced a nov 24 dividend, which will be paid on Monday, December 16th. Stockholders of record on Friday, November 29th will be given a $0.285 dividend. The ex-dividend date of this dividend is Friday, November 29th. This represents a dividend yield of 7.8%. EPR Properties’s dividend payout ratio (DPR) is 148.05%.

Analyst Upgrades and Downgrades

EPR has been the topic of several recent research reports. JPMorgan Chase & Co. upped their price target on shares of EPR Properties from $48.00 to $51.00 and gave the company an “overweight” rating in a report on Monday, September 9th. UBS Group started coverage on EPR Properties in a report on Thursday, November 14th. They set a “neutral” rating and a $48.00 target price on the stock. Wells Fargo & Company reissued an “underweight” rating and issued a $47.00 price target (up from $45.00) on shares of EPR Properties in a report on Tuesday, October 1st. Stifel Nicolaus upped their price objective on EPR Properties from $42.50 to $47.50 and gave the stock a “hold” rating in a research report on Thursday, August 1st. Finally, Royal Bank of Canada raised shares of EPR Properties from a “sector perform” rating to an “outperform” rating and lifted their target price for the company from $48.00 to $50.00 in a report on Monday, August 5th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, EPR Properties has an average rating of “Hold” and an average target price of $48.28.

About EPR Properties

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.