Thrivent Financial for Lutherans Sells 24,114 Shares of EPR Properties (NYSE:EPR)

Thrivent Financial for Lutherans reduced its stake in EPR Properties (NYSE:EPR - Free Report) by 8.8% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 251,233 shares of the real estate investment trust's stock after selling 24,114 shares during the period. Thrivent Financial for Lutherans owned 0.33% of EPR Properties worth $12,321,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in EPR. Mitsubishi UFJ Trust & Banking Corp grew its position in shares of EPR Properties by 64.4% during the 1st quarter. Mitsubishi UFJ Trust & Banking Corp now owns 23,843 shares of the real estate investment trust's stock worth $997,000 after buying an additional 9,343 shares during the period. Vanguard Group Inc. increased its stake in EPR Properties by 1.0% in the first quarter. Vanguard Group Inc. now owns 11,366,416 shares of the real estate investment trust's stock valued at $482,504,000 after purchasing an additional 109,144 shares in the last quarter. CANADA LIFE ASSURANCE Co raised its holdings in EPR Properties by 2.8% in the first quarter. CANADA LIFE ASSURANCE Co now owns 109,137 shares of the real estate investment trust's stock worth $4,632,000 after purchasing an additional 2,936 shares during the period. EntryPoint Capital LLC acquired a new stake in EPR Properties in the first quarter worth $47,000. Finally, Keeley Teton Advisors LLC grew its holdings in shares of EPR Properties by 12.7% in the 1st quarter. Keeley Teton Advisors LLC now owns 44,292 shares of the real estate investment trust's stock valued at $1,880,000 after buying an additional 4,982 shares during the period. 74.66% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. JMP Securities restated a "market perform" rating on shares of EPR Properties in a report on Tuesday, September 24th. Raymond James raised EPR Properties from an "outperform" rating to a "strong-buy" rating and set a $54.00 price objective for the company in a report on Wednesday, August 21st. Stifel Nicolaus boosted 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 restated an "underweight" rating and issued a $47.00 price target (up previously from $45.00) on shares of EPR Properties in a research note on Tuesday, October 1st. Finally, JPMorgan Chase & Co. raised their price objective on shares of EPR Properties from $48.00 to $51.00 and gave the stock an "overweight" rating in a research report on Monday, September 9th. Two equities 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 assigned a strong buy rating to the company's stock. According to MarketBeat.com, EPR Properties presently has a consensus rating of "Hold" and a consensus price target of $48.28.

EPR Properties Price Performance

Shares of EPR traded up $0.20 during trading hours on Friday, reaching $45.00. The stock had a trading volume of 454,841 shares, compared to its average volume of 578,654. The company has a debt-to-equity ratio of 1.19, a quick ratio of 7.81 and a current ratio of 7.81. EPR Properties has a 12 month low of $39.65 and a 12 month high of $50.26. The stock has a market capitalization of $3.41 billion, a PE ratio of 19.40 and a beta of 1.76. The company's 50-day moving average is $47.16 and its two-hundred day moving average is $44.65.

EPR Properties Announces Dividend

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

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.