Royal Bank of Canada Reiterates Outperform Rating for EPR Properties (NYSE:EPR)

EPR Properties (NYSE:EPR)‘s stock had its “outperform” rating reaffirmed by stock analysts at Royal Bank of Canada in a research note issued to investors on Thursday,Benzinga reports. They currently have a $50.00 price objective on the real estate investment trust’s stock. Royal Bank of Canada’s price objective suggests a potential upside of 7.17% from the company’s current price.

Separately, UBS Group began coverage on EPR Properties in a report on Thursday, November 14th. They issued a “neutral” rating and a $48.00 target price for the company. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $47.94.

EPR Properties Price Performance

Shares of EPR stock traded up $0.36 during trading hours on Thursday, hitting $46.66. The stock had a trading volume of 127,423 shares, compared to its average volume of 593,815. The company has a debt-to-equity ratio of 1.19, a current ratio of 7.81 and a quick ratio of 7.81. The stock has a market capitalization of $3.53 billion, a price-to-earnings ratio of 20.21 and a beta of 1.75. EPR Properties has a one year low of $39.65 and a one year high of $50.26. The stock’s 50-day moving average price is $45.18 and its two-hundred day moving average price is $46.00.

Hedge Funds Weigh In On EPR Properties

Several hedge funds have recently added to or reduced their stakes in EPR. Abich Financial Wealth Management LLC boosted its stake in EPR Properties by 1,725.0% during the 3rd quarter. Abich Financial Wealth Management LLC now owns 511 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 483 shares during the period. V Square Quantitative Management LLC acquired a new position in shares of EPR Properties in the third quarter valued at approximately $27,000. Brooklyn Investment Group purchased a new stake in shares of EPR Properties during the third quarter worth approximately $27,000. Blue Trust Inc. lifted its holdings in shares of EPR Properties by 67.2% during the third quarter. Blue Trust Inc. now owns 709 shares of the real estate investment trust’s stock worth $35,000 after purchasing an additional 285 shares during the period. Finally, GAMMA Investing LLC grew its position in EPR Properties by 38.9% in the 3rd quarter. GAMMA Investing LLC now owns 825 shares of the real estate investment trust’s stock valued at $40,000 after buying an additional 231 shares during the last quarter. 74.66% of the stock is currently owned by hedge funds and other institutional investors.

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.