Cornercap Investment Counsel Inc. Sells 18,195 Shares of EPR Properties (NYSE:EPR)

Cornercap Investment Counsel Inc. lessened its stake in EPR Properties (NYSE:EPR - Free Report) by 80.1% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,522 shares of the real estate investment trust's stock after selling 18,195 shares during the quarter. Cornercap Investment Counsel Inc.'s holdings in EPR Properties were worth $222,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Metis Global Partners LLC raised its position in shares of EPR Properties by 31.8% in the 3rd quarter. Metis Global Partners LLC now owns 7,797 shares of the real estate investment trust's stock valued at $382,000 after purchasing an additional 1,881 shares in the last quarter. Versor Investments LP raised its position in shares of EPR Properties by 43.1% in the 3rd quarter. Versor Investments LP now owns 18,600 shares of the real estate investment trust's stock valued at $912,000 after purchasing an additional 5,600 shares in the last quarter. Venturi Wealth Management LLC raised 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 valued at $72,000 after purchasing an additional 438 shares in the last quarter. Los Angeles Capital Management LLC raised its position in shares of EPR Properties by 19.0% in the 3rd quarter. Los Angeles Capital Management LLC now owns 302,130 shares of the real estate investment trust's stock valued at $14,816,000 after purchasing an additional 48,229 shares in the last quarter. Finally, State of New Jersey Common Pension Fund D raised its position in shares of EPR Properties by 31.6% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 41,674 shares of the real estate investment trust's stock valued at $2,044,000 after purchasing an additional 10,000 shares in the last quarter. Hedge funds and other institutional investors own 74.66% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Raymond James raised EPR Properties from an "outperform" rating to a "strong-buy" rating and set a $54.00 target price on the stock in a research report on Wednesday, August 21st. Wells Fargo & Company reissued an "underweight" rating and set a $47.00 price target (up from $45.00) on shares of EPR Properties in a research report on Tuesday, October 1st. Stifel Nicolaus upped their price target on EPR Properties from $42.50 to $47.50 and gave the company a "hold" rating in a research report on Thursday, August 1st. JPMorgan Chase & Co. upped their price target on EPR Properties from $48.00 to $51.00 and gave the company an "overweight" rating in a research report on Monday, September 9th. Finally, Royal Bank of Canada raised EPR Properties from a "sector perform" rating to an "outperform" rating and upped their price target for the company from $48.00 to $50.00 in a research report on Monday, August 5th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $48.28.

EPR Properties Stock Performance

EPR stock traded up $0.16 during mid-day trading on Tuesday, reaching $44.61. The company had a trading volume of 394,626 shares, compared to its average volume of 580,668. The company has a quick ratio of 7.81, a current ratio of 7.81 and a debt-to-equity ratio of 1.19. The stock has a market capitalization of $3.38 billion, a P/E ratio of 19.28 and a beta of 1.76. EPR Properties has a one year low of $39.65 and a one year high of $50.26. The stock's 50-day simple moving average is $47.34 and its two-hundred day simple moving average is $44.64.

EPR Properties Announces Dividend

The firm also recently declared a nov 24 dividend, which will be paid on Monday, December 16th. Stockholders of record on Friday, November 29th will be issued a dividend of $0.285 per share. This represents a dividend yield of 7.8%. The ex-dividend date of this dividend is Friday, November 29th. EPR Properties's dividend payout ratio (DPR) is 148.05%.

Insider Activity

In related news, CAO Tonya L. Mater sold 1,000 shares of EPR Properties stock in a transaction dated Wednesday, August 21st. The stock was sold at an average price of $46.00, for a total transaction of $46,000.00. Following the transaction, the chief accounting officer now directly owns 42,710 shares of the company's stock, valued at $1,964,660. The trade was a 2.29 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 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.