New York State Teachers Retirement System trimmed its stake in shares of EPR Properties (NYSE:EPR - Free Report) by 19.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 78,783 shares of the real estate investment trust's stock after selling 18,912 shares during the period. New York State Teachers Retirement System owned about 0.10% of EPR Properties worth $3,489,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. increased its holdings in shares of EPR Properties by 4.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,349,900 shares of the real estate investment trust's stock valued at $66,199,000 after purchasing an additional 54,567 shares in the last quarter. International Assets Investment Management LLC purchased a new position in EPR Properties in the third quarter valued at $3,285,000. Algert Global LLC raised its position in shares of EPR Properties by 58.6% in the third quarter. Algert Global LLC now owns 140,626 shares of the real estate investment trust's stock worth $6,896,000 after acquiring an additional 51,980 shares during the period. Los Angeles Capital Management LLC boosted its stake in shares of EPR Properties by 19.0% during the 3rd quarter. Los Angeles Capital Management LLC now owns 302,130 shares of the real estate investment trust's stock worth $14,816,000 after acquiring an additional 48,229 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in shares of EPR Properties by 35.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 673,117 shares of the real estate investment trust's stock worth $33,010,000 after acquiring an additional 177,061 shares in the last quarter. 74.66% of the stock is currently owned by hedge funds and other institutional investors.
EPR Properties Price Performance
EPR stock traded up $0.55 during midday trading on Tuesday, reaching $50.76. The stock had a trading volume of 1,013,771 shares, compared to its average volume of 633,852. EPR Properties has a 52-week low of $39.65 and a 52-week high of $50.84. 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's fifty day simple moving average is $46.20 and its 200 day simple moving average is $46.45. The company has a market cap of $3.84 billion, a price-to-earnings ratio of 21.97 and a beta of 1.75.
EPR Properties Announces Dividend
The business also recently disclosed a feb 25 dividend, which will be paid on Monday, March 17th. Shareholders of record on Friday, February 28th will be paid a dividend of $0.285 per share. This represents a yield of 7%. The ex-dividend date is Friday, February 28th. EPR Properties's dividend payout ratio (DPR) is currently 148.05%.
Analyst Upgrades and Downgrades
Several equities analysts recently weighed in on the company. UBS Group began coverage on EPR Properties in a research note on Thursday, November 14th. They issued a "neutral" rating and a $48.00 price target for the company. Royal Bank of Canada restated an "outperform" rating and issued a $50.00 price objective on shares of EPR Properties in a research report on Thursday, January 30th. Two 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 assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, EPR Properties presently has a consensus rating of "Hold" and a consensus target price of $47.94.
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About EPR Properties
(
Free Report)
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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