EPR Properties (NYSE:EPR) Shares Sold by Primecap Management Co. CA

Primecap Management Co. CA trimmed its holdings in shares of EPR Properties (NYSE:EPR) by 2.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 129,260 shares of the real estate investment trust’s stock after selling 2,640 shares during the quarter. Primecap Management Co. CA owned 0.17% of EPR Properties worth $6,339,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Nisa Investment Advisors LLC boosted its stake in EPR Properties by 2.8% during the second quarter. Nisa Investment Advisors LLC now owns 54,306 shares of the real estate investment trust’s stock worth $2,295,000 after buying an additional 1,484 shares during the period. Vanguard Group Inc. boosted its position in shares of EPR Properties by 1.0% during the 1st quarter. Vanguard Group Inc. now owns 11,366,416 shares of the real estate investment trust’s stock worth $482,504,000 after purchasing an additional 109,144 shares during the period. Price T Rowe Associates Inc. MD boosted its position in shares of EPR Properties by 48.3% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 61,346 shares of the real estate investment trust’s stock worth $2,605,000 after purchasing an additional 19,992 shares during the period. Boston Partners acquired a new stake in EPR Properties in the 1st quarter valued at approximately $517,000. Finally, Texas Permanent School Fund Corp raised its position in EPR Properties by 36.7% in the second quarter. Texas Permanent School Fund Corp now owns 90,099 shares of the real estate investment trust’s stock valued at $3,782,000 after purchasing an additional 24,172 shares during the period. 74.66% of the stock is owned by institutional investors and hedge funds.

EPR Properties Stock Up 0.4 %

EPR opened at $45.00 on Friday. EPR Properties has a 52 week low of $39.65 and a 52 week high of $50.26. The business has a 50 day moving average price of $47.16 and a two-hundred day moving average price of $44.65. 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 company has a market cap of $3.41 billion, a PE ratio of 19.48 and a beta of 1.76.

EPR Properties Dividend Announcement

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

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on EPR shares. JPMorgan Chase & Co. lifted their price objective on EPR Properties from $48.00 to $51.00 and gave the company an “overweight” rating in a research note on Monday, September 9th. UBS Group began coverage on shares of EPR Properties in a research note on Thursday, November 14th. They set a “neutral” rating and a $48.00 price target on the stock. Stifel Nicolaus raised their price objective on shares of EPR Properties from $42.50 to $47.50 and gave the company a “hold” rating in a research note on Thursday, August 1st. JMP Securities restated a “market perform” rating on shares of EPR Properties in a report on Tuesday, September 24th. Finally, Truist Financial raised their price target on shares of EPR Properties from $44.00 to $46.00 and gave the company a “hold” rating in a research report on Friday, August 16th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, EPR Properties has a consensus rating of “Hold” and a consensus target price 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.