EPR Properties (NYSE:EPR) Shares Sold by Amalgamated Bank

Amalgamated Bank cut its holdings in EPR Properties (NYSE:EPR - Free Report) by 23.9% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 36,001 shares of the real estate investment trust's stock after selling 11,281 shares during the quarter. Amalgamated Bank's holdings in EPR Properties were worth $1,765,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of EPR. Nisa Investment Advisors LLC raised its holdings in EPR Properties by 2.8% during the 2nd quarter. Nisa Investment Advisors LLC now owns 54,306 shares of the real estate investment trust's stock valued at $2,295,000 after buying an additional 1,484 shares during the period. Vanguard Group Inc. lifted its holdings in shares of EPR Properties by 1.0% in the 1st quarter. Vanguard Group Inc. now owns 11,366,416 shares of the real estate investment trust's stock worth $482,504,000 after acquiring an additional 109,144 shares during the last quarter. Ontario Teachers Pension Plan Board boosted its stake in shares of EPR Properties by 47.1% during the 1st quarter. Ontario Teachers Pension Plan Board now owns 78,854 shares of the real estate investment trust's stock worth $3,347,000 after purchasing an additional 25,259 shares during the period. Natixis grew its holdings in EPR Properties by 188.4% during the 1st quarter. Natixis now owns 72,764 shares of the real estate investment trust's stock valued at $3,089,000 after purchasing an additional 47,534 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD raised its position in EPR Properties by 48.3% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 61,346 shares of the real estate investment trust's stock worth $2,605,000 after purchasing an additional 19,992 shares during the period. Hedge funds and other institutional investors own 74.66% of the company's stock.

EPR Properties Stock Down 0.9 %

Shares of EPR stock traded down $0.42 during trading hours on Wednesday, reaching $44.98. 388,626 shares of the company's stock were exchanged, compared to its average volume of 583,161. EPR Properties has a fifty-two week low of $39.65 and a fifty-two week high of $50.26. The stock's 50 day moving average is $47.60 and its 200-day moving average is $44.54. The company has a current ratio of 7.81, a quick ratio of 7.81 and a debt-to-equity ratio of 1.19. The company has a market cap of $3.41 billion, a price-to-earnings ratio of 19.45 and a beta of 1.76.

EPR Properties Announces Dividend

The company also recently declared a oct 24 dividend, which will be paid on Friday, November 15th. Shareholders of record on Thursday, October 31st will be paid a dividend of $0.285 per share. The ex-dividend date is Thursday, October 31st. This represents a yield of 6.9%. EPR Properties's payout ratio is presently 148.05%.

Insider Activity

In other EPR Properties news, CAO Tonya L. Mater sold 1,000 shares of EPR Properties stock in a transaction that occurred on Wednesday, August 21st. The shares were sold at an average price of $46.00, for a total transaction of $46,000.00. Following the completion of the sale, the chief accounting officer now directly owns 42,710 shares in the company, valued at approximately $1,964,660. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Corporate insiders own 2.13% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. JPMorgan Chase & Co. upped their target price on EPR Properties from $48.00 to $51.00 and gave the company an "overweight" rating in a research note on Monday, September 9th. Royal Bank of Canada upgraded EPR Properties from a "sector perform" rating to an "outperform" rating and increased their target price for the stock from $48.00 to $50.00 in a research note on Monday, August 5th. Truist Financial lifted their price objective on shares of EPR Properties from $44.00 to $46.00 and gave the company a "hold" rating in a report on Friday, August 16th. Wells Fargo & Company reissued an "underweight" rating and issued a $47.00 price objective (up from $45.00) on shares of EPR Properties in a research report on Tuesday, October 1st. Finally, JMP Securities reaffirmed a "market perform" rating on shares of EPR Properties in a research report on Tuesday, September 24th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $48.31.

EPR Properties 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.