EPR Properties (NYSE:EPR) Lifted to “Buy” at StockNews.com

StockNews.com upgraded shares of EPR Properties (NYSE:EPR) from a hold rating to a buy rating in a report published on Friday.

Several other research firms have also weighed in on EPR. Royal Bank of Canada decreased their target price on shares of EPR Properties from $49.00 to $48.00 and set a sector perform rating on the stock in a report on Tuesday, May 28th. Bank of America lowered shares of EPR Properties from a neutral rating to an underperform rating and decreased their target price for the company from $45.00 to $40.00 in a report on Monday, May 20th. JMP Securities reiterated a market perform rating on shares of EPR Properties in a report on Friday, June 14th. Finally, Truist Financial decreased their target price on shares of EPR Properties from $51.00 to $46.00 and set a hold rating on the stock in a report on Friday, March 22nd. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of Hold and an average target price of $47.00.

EPR Properties Stock Performance

EPR opened at $43.93 on Friday. The firm has a market capitalization of $3.32 billion, a PE ratio of 21.64 and a beta of 1.73. EPR Properties has a twelve month low of $39.65 and a twelve month high of $49.10. The firm’s 50-day moving average price is $41.55 and its 200 day moving average price is $42.30. The company has a current ratio of 8.45, a quick ratio of 8.45 and a debt-to-equity ratio of 1.15.

EPR Properties Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, August 15th. Stockholders of record on Wednesday, July 31st will be issued a $0.285 dividend. The ex-dividend date of this dividend is Wednesday, July 31st. This represents a $3.42 annualized dividend and a dividend yield of 7.79%. EPR Properties’s dividend payout ratio is currently 168.47%.

Hedge Funds Weigh In On EPR Properties

Large investors have recently made changes to their positions in the stock. Vanguard Group Inc. increased its stake in EPR Properties by 1.0% during the 1st quarter. Vanguard Group Inc. now owns 11,366,416 shares of the real estate investment trust’s stock worth $482,504,000 after buying an additional 109,144 shares during the period. Wellington Management Group LLP increased its stake in EPR Properties by 290.3% during the 4th quarter. Wellington Management Group LLP now owns 1,691,029 shares of the real estate investment trust’s stock worth $81,930,000 after buying an additional 1,257,791 shares during the period. Charles Schwab Investment Management Inc. increased its stake in EPR Properties by 1.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,244,414 shares of the real estate investment trust’s stock worth $60,292,000 after buying an additional 16,772 shares during the period. LSV Asset Management increased its stake in EPR Properties by 2.0% during the 1st quarter. LSV Asset Management now owns 1,134,354 shares of the real estate investment trust’s stock worth $48,153,000 after buying an additional 21,900 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in EPR Properties by 0.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,061,160 shares of the real estate investment trust’s stock worth $51,414,000 after buying an additional 3,162 shares during the period. 74.66% of the stock is currently owned by institutional investors and hedge funds.

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.