EPR Properties $EPR Shares Sold by Strs Ohio

Strs Ohio lowered its stake in EPR Properties (NYSE:EPR) by 97.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,784 shares of the real estate investment trust’s stock after selling 75,681 shares during the period. Strs Ohio’s holdings in EPR Properties were worth $103,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. State Street Corp boosted its holdings in shares of EPR Properties by 1.7% in the 2nd quarter. State Street Corp now owns 4,009,669 shares of the real estate investment trust’s stock valued at $234,760,000 after acquiring an additional 66,562 shares during the last quarter. Prudential Financial Inc. boosted its holdings in EPR Properties by 42.0% in the second quarter. Prudential Financial Inc. now owns 1,870,499 shares of the real estate investment trust’s stock valued at $108,975,000 after purchasing an additional 553,209 shares during the last quarter. AQR Capital Management LLC grew its position in EPR Properties by 29.2% during the 2nd quarter. AQR Capital Management LLC now owns 1,544,905 shares of the real estate investment trust’s stock worth $88,693,000 after purchasing an additional 348,908 shares during the period. LSV Asset Management raised its stake in shares of EPR Properties by 2.8% during the 2nd quarter. LSV Asset Management now owns 1,293,458 shares of the real estate investment trust’s stock valued at $75,357,000 after buying an additional 35,792 shares during the last quarter. Finally, American Century Companies Inc. lifted its holdings in shares of EPR Properties by 12.6% in the 2nd quarter. American Century Companies Inc. now owns 1,229,799 shares of the real estate investment trust’s stock valued at $71,648,000 after buying an additional 137,767 shares during the period. 74.66% of the stock is owned by hedge funds and other institutional investors.

EPR Properties Stock Performance

EPR opened at $56.04 on Thursday. EPR Properties has a twelve month low of $41.75 and a twelve month high of $61.24. The firm has a market capitalization of $4.27 billion, a PE ratio of 24.47, a PEG ratio of 3.28 and a beta of 0.99. The company has a current ratio of 7.21, a quick ratio of 7.21 and a debt-to-equity ratio of 1.19. The firm’s 50-day moving average price is $52.08 and its 200 day moving average price is $53.49.

EPR Properties Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, February 17th. Investors of record on Friday, January 30th will be given a dividend of $0.295 per share. This represents a c) annualized dividend and a yield of 6.3%. The ex-dividend date is Friday, January 30th. EPR Properties’s dividend payout ratio (DPR) is presently 154.59%.

Analyst Ratings Changes

EPR has been the topic of several recent research reports. Truist Financial upped their price objective on EPR Properties from $55.00 to $57.00 and gave the stock a “hold” rating in a research report on Tuesday, November 18th. Wall Street Zen downgraded shares of EPR Properties from a “buy” rating to a “hold” rating in a report on Saturday, November 1st. JPMorgan Chase & Co. dropped their price target on shares of EPR Properties from $65.00 to $58.00 and set an “overweight” rating on the stock in a research report on Tuesday, December 2nd. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $58.00 price objective on shares of EPR Properties in a research report on Friday, January 30th. Finally, Wells Fargo & Company dropped their target price on EPR Properties from $56.00 to $54.00 and set an “equal weight” rating on the stock in a research report on Tuesday, November 25th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $58.36.

Insider Buying and Selling

In other news, EVP Gregory E. Zimmerman sold 7,500 shares of the stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $53.89, for a total value of $404,175.00. Following the completion of the sale, the executive vice president owned 66,294 shares of the company’s stock, valued at $3,572,583.66. This represents a 10.16% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 2.31% of the stock is owned by company insiders.

About EPR Properties

EPR Properties is a real estate investment trust that specializes in experiential properties across the United States, Canada and select international markets. Established in 1997 and headquartered in Kansas City, Missouri, the company targets properties in the entertainment, recreation and education sectors. Its portfolio includes movie theaters, ski resorts, family entertainment centers, charter schools and other venues that benefit from consumer-driven experiences.

The trust employs long-term, triple-net lease agreements, where tenants are responsible for real estate taxes, insurance and maintenance.