New York State Teachers Retirement System lifted its holdings in shares of EPR Properties (NYSE:EPR – Get Rating) by 3.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 111,669 shares of the real estate investment trust’s stock after purchasing an additional 4,204 shares during the quarter. New York State Teachers Retirement System owned 0.15% of EPR Properties worth $4,212,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently modified their holdings of EPR. Raymond James Financial Services Advisors Inc. lifted its position in EPR Properties by 4.0% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 9,251 shares of the real estate investment trust’s stock valued at $506,000 after purchasing an additional 356 shares during the last quarter. US Bancorp DE grew its stake in shares of EPR Properties by 6.2% in the first quarter. US Bancorp DE now owns 6,103 shares of the real estate investment trust’s stock worth $333,000 after acquiring an additional 356 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its position in shares of EPR Properties by 16.8% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 10,577 shares of the real estate investment trust’s stock valued at $579,000 after buying an additional 1,523 shares during the last quarter. Bank of Montreal Can boosted its position in shares of EPR Properties by 987.9% during the first quarter. Bank of Montreal Can now owns 98,989 shares of the real estate investment trust’s stock valued at $5,547,000 after buying an additional 89,890 shares during the last quarter. Finally, MetLife Investment Management LLC boosted its position in shares of EPR Properties by 33.4% during the first quarter. MetLife Investment Management LLC now owns 48,362 shares of the real estate investment trust’s stock valued at $2,646,000 after buying an additional 12,111 shares during the last quarter. Hedge funds and other institutional investors own 77.57% of the company’s stock.
EPR Properties Stock Up 0.3 %
NYSE EPR opened at $39.76 on Tuesday. The stock’s 50-day moving average price is $39.49 and its 200-day moving average price is $39.33. The company has a quick ratio of 7.76, a current ratio of 7.76 and a debt-to-equity ratio of 1.11. EPR Properties has a 52 week low of $33.92 and a 52 week high of $56.38. The company has a market capitalization of $2.99 billion, a P/E ratio of 19.68, a price-to-earnings-growth ratio of 0.95 and a beta of 1.66.
EPR Properties Dividend Announcement
The business also recently disclosed a monthly dividend, which will be paid on Monday, May 15th. Stockholders of record on Friday, April 28th will be paid a $0.275 dividend. This represents a $3.30 annualized dividend and a dividend yield of 8.30%. The ex-dividend date is Thursday, April 27th. EPR Properties’s dividend payout ratio (DPR) is currently 163.37%.
Analysts Set New Price Targets
EPR has been the topic of several recent analyst reports. StockNews.com initiated coverage on EPR Properties in a research report on Thursday, March 16th. They set a “hold” rating on the stock. JMP Securities started coverage on EPR Properties in a research report on Wednesday, March 22nd. They set a “market perform” rating on the stock. Finally, Raymond James lowered their target price on EPR Properties from $48.00 to $45.00 and set a “strong-buy” rating on the stock in a report on Monday, January 9th. Four equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, EPR Properties currently has a consensus rating of “Moderate Buy” and an average price target of $50.33.
EPR Properties Company Profile
EPR Properties operates as a real estate investment trust. The firm engages in the development, finance and leasing of theaters, entertainment retail and family entertainment centers. It operates through the following segments: Experiential, Education, and Corporate/Unallocated. The Experiential segment includes investments in megaplex theaters, entertainment retail centers, family entertainment centers and other retail parcels.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider EPR Properties, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and EPR Properties wasn’t on the list.
While EPR Properties currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
Source: marketbeat.com
