Monument Capital Management bought a new stake in EPR Properties (NYSE:EPR – Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 5,413 shares of the real estate investment trust’s stock, valued at approximately $315,000.
A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Deutsche Bank AG lifted its stake in shares of EPR Properties by 3,816.2% in the 1st quarter. Deutsche Bank AG now owns 1,874,975 shares of the real estate investment trust’s stock valued at $98,642,000 after purchasing an additional 1,827,098 shares during the period. LSV Asset Management lifted its stake in shares of EPR Properties by 11.4% in the 1st quarter. LSV Asset Management now owns 1,257,666 shares of the real estate investment trust’s stock valued at $66,166,000 after purchasing an additional 128,568 shares during the period. AQR Capital Management LLC lifted its stake in shares of EPR Properties by 38.3% in the 1st quarter. AQR Capital Management LLC now owns 1,195,997 shares of the real estate investment trust’s stock valued at $61,887,000 after purchasing an additional 331,513 shares during the period. American Century Companies Inc. lifted its stake in shares of EPR Properties by 0.6% in the 1st quarter. American Century Companies Inc. now owns 1,092,032 shares of the real estate investment trust’s stock valued at $57,452,000 after purchasing an additional 6,085 shares during the period. Finally, Russell Investments Group Ltd. lifted its stake in shares of EPR Properties by 378.0% in the 1st quarter. Russell Investments Group Ltd. now owns 821,532 shares of the real estate investment trust’s stock valued at $43,221,000 after purchasing an additional 649,675 shares during the period. Hedge funds and other institutional investors own 74.66% of the company’s stock.
EPR Properties Stock Down 0.8%
EPR Properties stock opened at $53.91 on Friday. The firm has a market cap of $4.10 billion, a price-to-earnings ratio of 26.56, a PEG ratio of 3.83 and a beta of 1.28. The stock has a fifty day simple moving average of $55.08 and a two-hundred day simple moving average of $54.35. EPR Properties has a 12 month low of $41.75 and a 12 month high of $61.24. The company has a current ratio of 7.77, a quick ratio of 7.77 and a debt-to-equity ratio of 1.20.
EPR Properties Announces Dividend
The firm also recently announced a monthly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be issued a $0.295 dividend. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 6.6%. EPR Properties’s dividend payout ratio (DPR) is presently 174.38%.
Insider Activity at EPR Properties
In other EPR Properties news, EVP Gregory E. Zimmerman sold 7,500 shares of EPR Properties stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $58.12, for a total value of $435,900.00. Following the completion of the sale, the executive vice president owned 81,377 shares of the company’s stock, valued at approximately $4,729,631.24. This trade represents a 8.44% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Over the last three months, insiders sold 22,500 shares of company stock valued at $1,248,075. 2.31% of the stock is currently owned by company insiders.
Analysts Set New Price Targets
A number of research firms have recently commented on EPR. JPMorgan Chase & Co. raised their target price on EPR Properties from $56.00 to $65.00 and gave the company an “overweight” rating in a research note on Friday, September 12th. Wells Fargo & Company raised EPR Properties from an “underweight” rating to an “equal weight” rating and boosted their target price for the stock from $54.00 to $56.00 in a report on Thursday, September 11th. Stifel Nicolaus increased their target price on EPR Properties from $65.00 to $65.50 and gave the stock a “buy” rating in a research note on Thursday, July 31st. Raymond James Financial increased their target price on EPR Properties from $57.00 to $62.00 and gave the stock a “strong-buy” rating in a research note on Tuesday, August 12th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of EPR Properties in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $59.36.
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.
Featured Articles
- Five stocks we like better than EPR Properties
- How Can Retail Investors Trade the Toronto Stock Exchange (TSX)?
- 3 Heavily Shorted Stocks That Could Pop on Rate Cuts
- Are Penny Stocks a Good Fit for Your Portfolio?
- Broadcom Gets Second $420 Target as CPO Win Boosts Outlook
- NYSE Stocks Give Investors a Variety of Quality Options
- PepsiCo’s Deep Discount Will Soon Evaporate: Buy It While You Can
Want to see what other hedge funds are holding EPR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for EPR Properties (NYSE:EPR – Free Report).
Receive News & Ratings for EPR Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EPR Properties and related companies with MarketBeat.com's FREE daily email newsletter.