Wellington Management Group LLP lessened its stake in EPR Properties (NYSE:EPR - Free Report) by 77.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,232 shares of the real estate investment trust's stock after selling 14,639 shares during the quarter. Wellington Management Group LLP's holdings in EPR Properties were worth $208,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors also recently modified their holdings of EPR. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of EPR Properties by 7.2% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 30,118 shares of the real estate investment trust's stock valued at $1,264,000 after acquiring an additional 2,035 shares during the period. Commonwealth Equity Services LLC boosted its stake in shares of EPR Properties by 0.9% in the 2nd quarter. Commonwealth Equity Services LLC now owns 145,066 shares of the real estate investment trust's stock valued at $6,090,000 after purchasing an additional 1,321 shares during the last quarter. Van ECK Associates Corp grew its position in shares of EPR Properties by 7.3% during the 2nd quarter. Van ECK Associates Corp now owns 11,517 shares of the real estate investment trust's stock worth $483,000 after buying an additional 785 shares during the period. GraniteShares Advisors LLC raised its stake in shares of EPR Properties by 14.2% during the second quarter. GraniteShares Advisors LLC now owns 39,513 shares of the real estate investment trust's stock worth $1,659,000 after buying an additional 4,928 shares during the last quarter. Finally, Arizona State Retirement System lifted its holdings in EPR Properties by 2.3% in the second quarter. Arizona State Retirement System now owns 21,187 shares of the real estate investment trust's stock valued at $889,000 after buying an additional 485 shares during the period. 74.66% of the stock is owned by institutional investors.
EPR Properties Stock Performance
EPR Properties stock traded up $0.42 during midday trading on Friday, hitting $43.59. The company's stock had a trading volume of 1,524,821 shares, compared to its average volume of 576,529. The company has a debt-to-equity ratio of 1.19, a current ratio of 7.81 and a quick ratio of 7.81. The company has a market cap of $3.30 billion, a price-to-earnings ratio of 18.87 and a beta of 1.75. EPR Properties has a 1-year low of $39.65 and a 1-year high of $50.26. The company has a 50-day moving average price of $45.67 and a two-hundred day moving average price of $45.20.
EPR Properties Dividend Announcement
The business also recently declared a dec 24 dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be paid a $0.285 dividend. This represents a dividend yield of 7.6%. The ex-dividend date of this dividend is Tuesday, December 31st. EPR Properties's dividend payout ratio (DPR) is currently 148.05%.
Wall Street Analyst Weigh In
A number of analysts have commented on the stock. JMP Securities reaffirmed a "market perform" rating on shares of EPR Properties in a report on Tuesday, September 24th. Wells Fargo & Company reaffirmed an "underweight" rating and set a $47.00 price objective (up from $45.00) on shares of EPR Properties in a research note on Tuesday, October 1st. UBS Group initiated coverage on EPR Properties in a research note on Thursday, November 14th. They issued a "neutral" rating and a $48.00 target price on the stock. Finally, 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 note on Monday, September 9th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating, three have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $48.28.
Check Out Our Latest Stock Analysis on EPR Properties
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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