EPR Properties (NYSE:EPR) Shares Sold by Pensionfund Sabic

Pensionfund Sabic reduced its position in shares of EPR Properties (NYSE:EPR) by 34.4% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,300 shares of the real estate investment trust’s stock after selling 3,300 shares during the period. Pensionfund Sabic’s holdings in EPR Properties were worth $294,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the stock. Midwest Professional Planners LTD. acquired a new stake in shares of EPR Properties during the 4th quarter valued at approximately $222,000. Norges Bank acquired a new stake in shares of EPR Properties during the 4th quarter valued at approximately $35,405,000. UBS Asset Management Americas Inc. raised its position in shares of EPR Properties by 20.5% during the 4th quarter. UBS Asset Management Americas Inc. now owns 372,167 shares of the real estate investment trust’s stock valued at $12,095,000 after acquiring an additional 63,378 shares in the last quarter. UBS Oconnor LLC acquired a new stake in shares of EPR Properties during the 4th quarter valued at approximately $1,625,000. Finally, JPMorgan Chase & Co. raised its position in shares of EPR Properties by 23.7% during the 4th quarter. JPMorgan Chase & Co. now owns 334,075 shares of the real estate investment trust’s stock valued at $10,858,000 after acquiring an additional 63,918 shares in the last quarter. 84.73% of the stock is currently owned by institutional investors and hedge funds.

In related news, Director Robin Peppe Sterneck sold 2,904 shares of the firm’s stock in a transaction dated Tuesday, March 2nd. The stock was sold at an average price of $46.20, for a total transaction of $134,164.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.40% of the company’s stock.

A number of brokerages recently commented on EPR. Janney Montgomery Scott downgraded EPR Properties from a “buy” rating to a “neutral” rating in a research note on Thursday, January 14th. Zacks Investment Research upgraded EPR Properties from a “sell” rating to a “hold” rating in a research note on Tuesday, March 2nd. Bank of America upgraded EPR Properties from an “underperform” rating to a “buy” rating in a research note on Wednesday. JPMorgan Chase & Co. downgraded EPR Properties from a “neutral” rating to an “underweight” rating and set a $31.00 price objective for the company. in a research note on Monday, December 21st. Finally, Royal Bank of Canada upped their price objective on EPR Properties from $32.00 to $41.00 and gave the stock a “sector perform” rating in a research note on Wednesday, March 10th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the stock. EPR Properties presently has an average rating of “Hold” and an average price target of $34.13.

NYSE:EPR opened at $49.18 on Thursday. EPR Properties has a 1 year low of $20.62 and a 1 year high of $51.84. The stock has a market cap of $3.68 billion, a price-to-earnings ratio of -36.70 and a beta of 1.82. The business has a fifty day moving average of $46.65 and a 200-day moving average of $35.48. The company has a debt-to-equity ratio of 1.45, a quick ratio of 15.50 and a current ratio of 15.50.

EPR Properties (NYSE:EPR) last released its quarterly earnings results on Wednesday, February 24th. The real estate investment trust reported ($0.35) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.25 by ($0.60). EPR Properties had a negative return on equity of 2.15% and a negative net margin of 15.35%. On average, equities research analysts predict that EPR Properties will post 1.87 EPS for the current year.

About EPR Properties

EPR Properties is a leading 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 which create value by facilitating out of home leisure and recreation experiences where consumers choose to spend their discretionary time and money.

Recommended Story: Environmental, Social, and Governance (ESG) Investing