Brown Advisory Inc. reduced its position in EPR Properties (NYSE:EPR) by 4.4% during the second quarter, Holdings Channel reports. The firm owned 3,060 shares of the company’s stock after selling 140 shares during the period. Brown Advisory Inc.’s holdings in EPR Properties were worth $247,000 as of its most recent SEC filing.
A number of other hedge funds also recently added to or reduced their stakes in EPR. State Street Corp boosted its stake in EPR Properties by 48.8% in the first quarter. State Street Corp now owns 2,256,724 shares of the company’s stock worth $150,344,000 after buying an additional 740,297 shares during the period. Scout Investments Inc. bought a new stake in EPR Properties during the second quarter worth approximately $55,351,000. Goldman Sachs Group Inc. boosted its stake in EPR Properties by 34.9% in the first quarter. Goldman Sachs Group Inc. now owns 2,140,736 shares of the company’s stock worth $142,616,000 after buying an additional 554,275 shares during the period. BlackRock Institutional Trust Company N.A. boosted its stake in EPR Properties by 17.1% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 2,418,950 shares of the company’s stock worth $161,150,000 after buying an additional 352,750 shares during the period. Finally, Emerald Acquisition Ltd. bought a new stake in EPR Properties during the second quarter worth approximately $19,370,000. Institutional investors own 97.20% of the company’s stock.
EPR Properties (NYSE:EPR) traded down 0.82% during trading on Thursday, hitting $73.78. 60,715 shares of the stock traded hands. The stock has a market cap of $4.69 billion, a P/E ratio of 24.02 and a beta of 0.78. The firm’s 50-day moving average is $78.21 and its 200-day moving average is $74.58. EPR Properties has a 12 month low of $52.96 and a 12 month high of $84.67.
EPR Properties (NYSE:EPR) last released its earnings results on Wednesday, August 3rd. The company reported $1.17 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.16 by $0.01. EPR Properties had a net margin of 46.43% and a return on equity of 10.05%. The firm had revenue of $118 million for the quarter, compared to analyst estimates of $112.03 million. During the same period in the prior year, the firm earned $1.08 earnings per share. The business’s quarterly revenue was up 16.5% compared to the same quarter last year. On average, analysts forecast that EPR Properties will post $4.77 EPS for the current year.
The company also recently announced a sep 16 dividend, which will be paid on Monday, October 17th. Investors of record on Friday, September 30th will be paid a dividend of $0.32 per share. The ex-dividend date of this dividend is Wednesday, September 28th. This represents a dividend yield of 5.02%. EPR Properties’s payout ratio is 124.68%.
A number of analysts recently commented on EPR shares. Citigroup Inc. lifted their target price on shares of EPR Properties from $68.00 to $78.00 and gave the stock a “neutral” rating in a research note on Thursday, July 7th. RBC Capital Markets reiterated an “outperform” rating and issued a $88.00 target price (up from $70.00) on shares of EPR Properties in a research note on Thursday, August 4th. Janney Montgomery Scott started coverage on shares of EPR Properties in a research note on Thursday, July 21st. They issued a “neutral” rating for the company. Zacks Investment Research upgraded shares of EPR Properties from a “hold” rating to a “buy” rating and set a $91.00 target price for the company in a research note on Monday, August 8th. Finally, KeyCorp upgraded shares of EPR Properties from a “sector weight” rating to an “overweight” rating in a research note on Thursday, July 14th. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. EPR Properties currently has an average rating of “Buy” and an average price target of $83.17.
EPR Properties Company Profile
EPR Properties (EPR) is a self-administered real estate investment trust (REIT). The Company’s investment portfolio includes entertainment, education and recreation properties. The Company operates in four segments: Entertainment, Education, Recreation and Other. The Company’s Entertainment segment consists of investments in megaplex theatres, entertainment retail centers, family entertainment centers and other retail parcels.
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