Rhumbline Advisers lessened its position in EPR Properties (NYSE:EPR) by 3.5% in the first quarter, HoldingsChannel.com reports. The firm owned 218,024 shares of the real estate investment trust’s stock after selling 7,838 shares during the quarter. Rhumbline Advisers’ holdings in EPR Properties were worth $16,766,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Lindbrook Capital LLC purchased a new position in EPR Properties during the fourth quarter valued at $25,000. Oregon Public Employees Retirement Fund raised its stake in EPR Properties by 6,303.0% during the fourth 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 buying an additional 1,844,258 shares during the last quarter. Bronfman E.L. Rothschild L.P. raised its stake in EPR Properties by 195.6% during the fourth quarter. Bronfman E.L. Rothschild L.P. now owns 467 shares of the real estate investment trust’s stock valued at $30,000 after buying an additional 309 shares during the last quarter. Pearl River Capital LLC purchased a new position in EPR Properties during the fourth quarter valued at $32,000. Finally, Capital Investment Advisory Services LLC purchased a new position in EPR Properties during the fourth quarter valued at $33,000. Institutional investors own 83.83% of the company’s stock.
EPR stock opened at $78.14 on Wednesday. EPR Properties has a 1-year low of $57.85 and a 1-year high of $80.20. The company has a debt-to-equity ratio of 1.05, a current ratio of 5.61 and a quick ratio of 5.61. The firm has a market capitalization of $5.89 billion, a PE ratio of 12.81, a price-to-earnings-growth ratio of 4.52 and a beta of 0.69.
The firm also recently declared a monthly dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Tuesday, April 30th will be paid a $0.375 dividend. This represents a $4.50 annualized dividend and a dividend yield of 5.76%. The ex-dividend date is Monday, April 29th. EPR Properties’s dividend payout ratio is currently 73.77%.
In other news, Director Jack A. Newman, Jr. sold 506 shares of the business’s stock in a transaction on Thursday, May 2nd. The stock was sold at an average price of $79.48, for a total value of $40,216.88. Following the completion of the transaction, the director now owns 2,273 shares in the company, valued at $180,658.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Robin Peppe Sterneck sold 860 shares of the business’s stock in a transaction on Friday, March 1st. The stock was 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 owns 1,882 shares of the company’s stock, valued at approximately $136,633.20. The disclosure for this sale can be found here. Insiders sold 12,494 shares of company stock valued at $937,129 in the last 90 days. Company insiders own 1.34% of the company’s stock.
A number of research analysts have issued reports on the company. ValuEngine upgraded EPR Properties from a “hold” rating to a “buy” rating in a research note on Wednesday, May 1st. Raymond James set a $84.00 price objective on EPR Properties and gave the company a “buy” rating in a research note on Thursday, May 2nd. Zacks Investment Research cut EPR Properties from a “hold” rating to a “sell” rating in a research note on Wednesday, January 16th. Finally, Stifel Nicolaus boosted their price target on EPR Properties from $76.00 to $80.00 and gave the stock a “hold” rating in a research note on Tuesday, April 30th. One investment 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. The stock currently has an average rating of “Hold” and an average target price of $75.08.
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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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