Assetmark Inc. Trims Position in EPR Properties (NYSE:EPR)

Assetmark Inc. lowered its stake in EPR Properties (NYSE:EPR - Free Report) by 58.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,806 shares of the real estate investment trust's stock after selling 16,529 shares during the period. Assetmark Inc.'s holdings in EPR Properties were worth $523,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Brooklyn Investment Group bought a new position in EPR Properties in the third quarter worth $27,000. Synergy Investment Management LLC purchased a new stake in EPR Properties in the fourth quarter worth about $27,000. GAMMA Investing LLC increased its stake in shares of EPR Properties by 36.6% during the fourth quarter. GAMMA Investing LLC now owns 1,127 shares of the real estate investment trust's stock valued at $50,000 after purchasing an additional 302 shares in the last quarter. Principal Securities Inc. lifted its holdings in shares of EPR Properties by 54.5% during the fourth quarter. Principal Securities Inc. now owns 1,296 shares of the real estate investment trust's stock valued at $57,000 after purchasing an additional 457 shares during the last quarter. Finally, Venturi Wealth Management LLC boosted its position in shares of EPR Properties by 42.3% in the 3rd quarter. Venturi Wealth Management LLC now owns 1,474 shares of the real estate investment trust's stock worth $72,000 after purchasing an additional 438 shares in the last quarter. 74.66% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

EPR has been the subject of several analyst reports. UBS Group initiated coverage on EPR Properties in a report on Thursday, November 14th. They set a "neutral" rating and a $48.00 price target for the company. Stifel Nicolaus raised their price target on shares of EPR Properties from $51.00 to $52.00 and gave the company a "hold" rating in a research report on Thursday, February 27th. Wells Fargo & Company upped their price objective on EPR Properties from $45.00 to $52.00 and gave the company an "underweight" rating in a research report on Monday. Finally, Royal Bank of Canada lifted their price objective on EPR Properties from $50.00 to $58.00 and gave the stock an "outperform" rating in a report on Thursday, March 6th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating, two have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $50.13.

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EPR Properties Stock Down 1.1 %

EPR Properties stock opened at $51.46 on Thursday. EPR Properties has a one year low of $39.65 and a one year high of $54.25. The stock has a market cap of $3.91 billion, a PE ratio of 22.28 and a beta of 1.71. The company has a debt-to-equity ratio of 1.19, a quick ratio of 7.81 and a current ratio of 7.81. The stock has a fifty day moving average of $48.25 and a 200 day moving average of $47.07.

EPR Properties (NYSE:EPR - Get Free Report) last announced its earnings results on Wednesday, February 26th. The real estate investment trust reported $1.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.56. EPR Properties had a net margin of 28.87% and a return on equity of 8.22%. The company had revenue of $149.12 million during the quarter, compared to analyst estimates of $161.25 million. As a group, sell-side analysts predict that EPR Properties will post 4.65 EPS for the current year.

EPR Properties Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be given a $0.295 dividend. This is a boost from EPR Properties's previous monthly dividend of $0.29. The ex-dividend date is Monday, March 31st. This represents a $3.54 dividend on an annualized basis and a yield of 6.88%. EPR Properties's dividend payout ratio is presently 221.25%.

Insider Transactions at EPR Properties

In related news, SVP Gwendolyn Mary Johnson sold 3,900 shares of the company's stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $54.02, for a total value of $210,678.00. Following the completion of the transaction, the senior vice president now owns 8,216 shares of the company's stock, valued at approximately $443,828.32. This represents a 32.19 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 2.13% of the company's stock.

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.

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