Northpointe Capital LLC Buys Shares of 53,272 EPR Properties (EPR)

Northpointe Capital LLC purchased a new position in shares of EPR Properties (NYSE:EPR) in the first quarter, according to its most recent disclosure with the SEC. The firm purchased 53,272 shares of the real estate investment trust’s stock, valued at approximately $4,097,000. Northpointe Capital LLC owned approximately 0.07% of EPR Properties at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of EPR. Oregon Public Employees Retirement Fund increased its holdings in shares of EPR Properties by 6,303.0% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 1,873,518 shares of the real estate investment trust’s stock valued at $29,000 after acquiring an additional 1,844,258 shares during the last quarter. Norges Bank bought a new position in EPR Properties in the 4th quarter valued at $50,570,000. Massachusetts Financial Services Co. MA raised its position in EPR Properties by 46.9% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 1,785,935 shares of the real estate investment trust’s stock valued at $114,353,000 after purchasing an additional 570,031 shares during the last quarter. Millennium Management LLC raised its position in EPR Properties by 243.7% in the 4th quarter. Millennium Management LLC now owns 556,750 shares of the real estate investment trust’s stock valued at $35,649,000 after purchasing an additional 394,786 shares during the last quarter. Finally, Two Sigma Advisers LP raised its position in EPR Properties by 692.1% in the 4th quarter. Two Sigma Advisers LP now owns 422,798 shares of the real estate investment trust’s stock valued at $27,072,000 after purchasing an additional 369,420 shares during the last quarter. 84.66% of the stock is owned by institutional investors.

In other EPR Properties news, SVP Michael L. Hirons sold 8,128 shares of the business’s stock in a transaction dated Thursday, February 14th. The stock was sold at an average price of $74.97, for a total value of $609,356.16. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Robin Peppe Sterneck sold 860 shares of the business’s stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $72.60, for a total value of $62,436.00. Following the completion of the transaction, the director now directly owns 1,882 shares of the company’s stock, valued at $136,633.20. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 15,563 shares of company stock valued at $1,154,384. 1.36% of the stock is owned by insiders.

Shares of NYSE EPR traded down $1.19 during midday trading on Wednesday, hitting $76.10. The stock had a trading volume of 6,613 shares, compared to its average volume of 401,781. The stock has a market capitalization of $5.75 billion, a P/E ratio of 12.52, a price-to-earnings-growth ratio of 4.40 and a beta of 0.70. EPR Properties has a fifty-two week low of $52.80 and a fifty-two week high of $79.51. The company has a debt-to-equity ratio of 1.04, a quick ratio of 3.77 and a current ratio of 3.77.

The business also recently disclosed a monthly dividend, which was paid on Monday, April 15th. Investors of record on Friday, March 29th were paid a dividend of $0.375 per share. The ex-dividend date was Thursday, March 28th. This represents a $4.50 dividend on an annualized basis and a dividend yield of 5.91%. EPR Properties’s dividend payout ratio (DPR) is presently 73.77%.

EPR has been the subject of several research analyst reports. JPMorgan Chase & Co. upgraded EPR Properties from an “underweight” rating to a “neutral” rating in a research report on Wednesday, December 19th. Zacks Investment Research downgraded EPR Properties from a “hold” rating to a “sell” rating in a research report on Wednesday, January 16th. ValuEngine upgraded EPR Properties from a “hold” rating to a “buy” rating in a research report on Saturday, March 9th. Finally, Raymond James lifted their target price on EPR Properties from $76.00 to $80.00 and gave the company an “outperform” rating in a research note on Friday, March 22nd. One research analyst has rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the company’s stock. EPR Properties has a consensus rating of “Hold” and a consensus price target of $72.75.

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EPR Properties Company Profile

EPR Properties is a specialty real estate investment trust (REIT) that invests in properties in select market segments which require unique industry knowledge, while offering the potential for stable and attractive returns. Our total investments exceed $6.7 billion and our primary investment segments are Entertainment, Recreation and Education.

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Institutional Ownership by Quarter for EPR Properties (NYSE:EPR)

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