Globeflex Capital L P Reduces Position in EPR Properties (NYSE:EPR)

Globeflex Capital L P reduced its position in EPR Properties (NYSE:EPR) by 10.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 21,305 shares of the real estate investment trust’s stock after selling 2,429 shares during the quarter. Globeflex Capital L P’s holdings in EPR Properties were worth $943,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in EPR. Wealthfront Advisers LLC acquired a new position in shares of EPR Properties during the fourth quarter worth approximately $302,313,000. Geode Capital Management LLC boosted its position in shares of EPR Properties by 0.5% during the third quarter. Geode Capital Management LLC now owns 1,425,119 shares of the real estate investment trust’s stock worth $69,904,000 after buying an additional 7,429 shares during the period. Charles Schwab Investment Management Inc. boosted its position in shares of EPR Properties by 2.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,380,301 shares of the real estate investment trust’s stock worth $61,120,000 after buying an additional 30,401 shares during the period. Bank of New York Mellon Corp boosted its position in shares of EPR Properties by 5.6% during the fourth quarter. Bank of New York Mellon Corp now owns 1,145,267 shares of the real estate investment trust’s stock worth $50,712,000 after buying an additional 60,953 shares during the period. Finally, JPMorgan Chase & Co. boosted its position in shares of EPR Properties by 35.7% during the third quarter. JPMorgan Chase & Co. now owns 673,117 shares of the real estate investment trust’s stock worth $33,010,000 after buying an additional 177,061 shares during the period. 74.66% of the stock is owned by institutional investors.

Insider Buying and Selling at EPR Properties

In other news, SVP Gwendolyn Mary Johnson sold 3,900 shares of EPR Properties stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $54.02, for a total transaction of $210,678.00. Following the completion of the transaction, the senior vice president now directly owns 8,216 shares in the company, valued at approximately $443,828.32. The trade was a 32.19 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 2.13% of the company’s stock.

EPR Properties Price Performance

Shares of EPR stock opened at $51.67 on Friday. The stock’s fifty day moving average is $48.53 and its 200-day moving average is $47.12. The company has a debt-to-equity ratio of 1.19, a quick ratio of 7.81 and a current ratio of 7.81. The stock has a market capitalization of $3.93 billion, a PE ratio of 22.37 and a beta of 1.71. EPR Properties has a 52 week low of $39.66 and a 52 week high of $54.25.

EPR Properties (NYSE:EPR) last issued its quarterly earnings results on Wednesday, February 26th. The real estate investment trust reported $1.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.56. EPR Properties had a return on equity of 8.22% and a net margin of 28.87%. The business had revenue of $149.12 million for the quarter, compared to analyst estimates of $161.25 million. Equities research analysts expect that EPR Properties will post 4.65 EPS for the current fiscal year.

EPR Properties Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be paid a $0.295 dividend. This represents a $3.54 dividend on an annualized basis and a yield of 6.85%. This is an increase from EPR Properties’s previous monthly dividend of $0.29. The ex-dividend date of this dividend is Monday, March 31st. EPR Properties’s dividend payout ratio (DPR) is currently 221.25%.

Analysts Set New Price Targets

EPR has been the subject of a number of research analyst reports. Stifel Nicolaus upped their target price on EPR Properties from $51.00 to $52.00 and gave the stock a “hold” rating in a research report on Thursday, February 27th. Royal Bank of Canada upped their target price on EPR Properties from $50.00 to $58.00 and gave the stock an “outperform” rating in a research report on Thursday, March 6th. Finally, Wells Fargo & Company upped their price target on EPR Properties from $45.00 to $52.00 and gave the company an “underweight” rating in a report on Monday, March 10th. Two research analysts have rated the stock with a sell rating, five have given a hold rating, two have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $50.13.

EPR Properties Profile

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.