Ontario Teachers Pension Plan Board Cuts Stock Holdings in EPR Properties (NYSE:EPR)

Ontario Teachers Pension Plan Board reduced its position in EPR Properties (NYSE:EPR - Free Report) by 90.1% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 6,691 shares of the real estate investment trust's stock after selling 60,912 shares during the period. Ontario Teachers Pension Plan Board's holdings in EPR Properties were worth $328,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Abich Financial Wealth Management LLC raised its holdings in shares of EPR Properties by 1,725.0% during the 3rd quarter. Abich Financial Wealth Management LLC now owns 511 shares of the real estate investment trust's stock valued at $25,000 after buying an additional 483 shares in the last quarter. V Square Quantitative Management LLC purchased a new stake in EPR Properties in the third quarter worth about $27,000. GAMMA Investing LLC raised its holdings in EPR Properties by 262.2% in the second quarter. GAMMA Investing LLC now owns 594 shares of the real estate investment trust's stock worth $25,000 after purchasing an additional 430 shares in the last quarter. Blue Trust Inc. lifted its position in EPR Properties by 67.2% during the 3rd quarter. Blue Trust Inc. now owns 709 shares of the real estate investment trust's stock valued at $35,000 after acquiring an additional 285 shares during the period. Finally, EntryPoint Capital LLC bought a new stake in shares of EPR Properties in the 1st quarter worth approximately $47,000. 74.66% of the stock is currently owned by hedge funds and other institutional investors.

EPR Properties Stock Up 0.4 %

EPR Properties stock opened at $45.00 on Friday. The stock has a 50 day moving average of $47.16 and a two-hundred day moving average of $44.65. EPR Properties has a twelve month low of $39.65 and a twelve month high of $50.26. The stock has a market capitalization of $3.41 billion, a price-to-earnings ratio of 19.48 and a beta of 1.76. The company has a current ratio of 7.81, a quick ratio of 7.81 and a debt-to-equity ratio of 1.19.

EPR Properties Dividend Announcement

The business also recently announced a nov 24 dividend, which will be paid on Monday, December 16th. Shareholders of record on Friday, November 29th will be given a dividend of $0.285 per share. The ex-dividend date is Friday, November 29th. This represents a yield of 7.8%. EPR Properties's payout ratio is currently 148.05%.

Analysts Set New Price Targets

Several research firms recently commented on EPR. Royal Bank of Canada raised EPR Properties from a "sector perform" rating to an "outperform" rating and increased their price objective for the company from $48.00 to $50.00 in a research report on Monday, August 5th. Stifel Nicolaus increased their price objective on shares of EPR Properties from $42.50 to $47.50 and gave the stock a "hold" rating in a research note on Thursday, August 1st. Wells Fargo & Company reissued an "underweight" rating and issued a $47.00 price target (up from $45.00) on shares of EPR Properties in a report on Tuesday, October 1st. Truist Financial raised their price objective on EPR Properties from $44.00 to $46.00 and gave the company a "hold" rating in a research report on Friday, August 16th. Finally, JPMorgan Chase & Co. boosted their price objective on EPR Properties from $48.00 to $51.00 and gave the stock an "overweight" rating in a research note on Monday, September 9th. Two research analysts have rated the stock with a sell rating, five have given a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $48.28.

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.