EPR Properties (EPR) Position Decreased by Ameriprise Financial Inc.
Ameriprise Financial Inc. cut its stake in shares of EPR Properties (NYSE:EPR) by 32.1% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 198,224 shares of the company’s stock after selling 93,778 shares during the period. Ameriprise Financial Inc. owned 0.31% of EPR Properties worth $15,995,000 as of its most recent filing with the SEC.
Several other hedge funds have also bought and sold shares of the stock. 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 valued at $150,344,000 after buying an additional 740,297 shares in the last quarter. 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 valued at $161,150,000 after buying an additional 352,750 shares in the last quarter. NN Investment Partners Holdings N.V. acquired a new stake in EPR Properties during the first quarter valued at approximately $825,000. Barclays PLC boosted its stake in EPR Properties by 1.0% in the first quarter. Barclays PLC now owns 23,613 shares of the company’s stock valued at $1,558,000 after buying an additional 238 shares in the last quarter. Finally, Texas Permanent School Fund boosted its stake in EPR Properties by 3.1% in the first quarter. Texas Permanent School Fund now owns 50,590 shares of the company’s stock valued at $3,370,000 after buying an additional 1,523 shares in the last quarter. 97.20% of the stock is owned by institutional investors and hedge funds.
EPR Properties (NYSE:EPR) traded up 0.548% during midday trading on Friday, reaching $79.875. The company’s stock had a trading volume of 142,454 shares. The stock’s 50-day moving average price is $78.74 and its 200-day moving average price is $73.53. The firm has a market capitalization of $5.08 billion, a price-to-earnings ratio of 26.009 and a beta of 0.80. EPR Properties has a 12 month low of $50.85 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 analysts’ consensus estimates of $1.16 by $0.01. The firm earned $118 million during the quarter, compared to the consensus estimate of $112.03 million. EPR Properties had a return on equity of 10.05% and a net margin of 46.43%. The firm’s revenue for the quarter was up 16.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.08 earnings per share. Analysts predict 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. Shareholders of record on Friday, September 30th will be given a $0.32 dividend. The ex-dividend date of this dividend is Wednesday, September 28th. This represents a yield of 5.02%. EPR Properties’s dividend payout ratio (DPR) is 124.68%.
Several equities analysts recently issued reports on the company. Janney Montgomery Scott reaffirmed a “buy” rating and set a $88.00 price objective on shares of EPR Properties in a report on Sunday, July 24th. Royal Bank Of Canada raised their price target on EPR Properties from $70.00 to $88.00 and gave the stock an “outperform” rating in a research report on Thursday, August 4th. KeyCorp raised EPR Properties from a “sector weight” rating to an “overweight” rating in a research report on Thursday, July 14th. Zacks Investment Research raised EPR Properties from a “hold” rating to a “buy” rating and set a $91.00 price target for the company in a research report on Monday, August 8th. Finally, Citigroup Inc. raised their price target on EPR Properties from $78.00 to $80.00 and gave the stock a “neutral” rating in a research report on Friday, August 12th. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus 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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