Pitcairn Co. Has $230,000 Stock Holdings in EPR Properties (NYSE:EPR)

Pitcairn Co. decreased its stake in shares of EPR Properties (NYSE:EPR) by 12.0% during the 3rd quarter, Holdings Channel reports. The firm owned 4,695 shares of the real estate investment trust’s stock after selling 640 shares during the period. Pitcairn Co.’s holdings in EPR Properties were worth $230,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in EPR. Abich Financial Wealth Management LLC increased its holdings in EPR Properties by 1,725.0% during the third quarter. Abich Financial Wealth Management LLC now owns 511 shares of the real estate investment trust’s stock worth $25,000 after buying an additional 483 shares during the last quarter. V Square Quantitative Management LLC bought a new position in shares of EPR Properties in the 3rd quarter valued at about $27,000. GAMMA Investing LLC increased its stake in shares of EPR Properties by 262.2% during the 2nd quarter. GAMMA Investing LLC now owns 594 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 430 shares during the last quarter. Blue Trust Inc. raised its holdings in shares of EPR Properties by 67.2% in the 3rd quarter. Blue Trust Inc. now owns 709 shares of the real estate investment trust’s stock valued at $35,000 after purchasing an additional 285 shares during the period. Finally, Ashton Thomas Private Wealth LLC acquired a new stake in EPR Properties in the 2nd quarter valued at about $55,000. Institutional investors own 74.66% of the company’s stock.

EPR Properties Trading Up 1.2 %

EPR stock opened at $45.78 on Thursday. EPR Properties has a 52 week low of $39.65 and a 52 week high of $50.26. The company has a market capitalization of $3.47 billion, a PE ratio of 19.82 and a beta of 1.76. The company’s 50-day simple moving average is $46.90 and its 200 day simple moving average is $44.78. The company has a debt-to-equity ratio of 1.19, a quick ratio of 7.81 and a current ratio of 7.81.

EPR Properties Announces Dividend

The firm also recently announced a nov 24 dividend, which will be paid on Monday, December 16th. Shareholders of record on Friday, November 29th will be given a dividend of $0.285 per share. The ex-dividend date is Friday, November 29th. This represents a dividend yield of 7.8%. EPR Properties’s payout ratio is presently 148.05%.

Analyst Ratings Changes

EPR has been the topic of a number of recent analyst reports. Raymond James raised EPR Properties from an “outperform” rating to a “strong-buy” rating and set a $54.00 price target on the stock in a research report on Wednesday, August 21st. StockNews.com cut EPR Properties from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. Stifel Nicolaus lifted their price objective on shares of EPR Properties from $42.50 to $47.50 and gave the stock a “hold” rating in a research report on Thursday, August 1st. Truist Financial increased their price objective on shares of EPR Properties from $44.00 to $46.00 and gave the company a “hold” rating in a research report on Friday, August 16th. Finally, Wells Fargo & Company reaffirmed an “underweight” rating and set a $47.00 target price (up previously from $45.00) on shares of EPR Properties in a report on Tuesday, October 1st. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $48.28.

EPR Properties Company 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.