Zacks Investment Research downgraded shares of EPR Properties (NYSE:EPR) from a buy rating to a hold rating in a research report report published on Monday.

According to Zacks, “EPR Properties is specialty real estate investment trust that invests in three primary segments: Entertainment, Recreation and Education. Its properties include megaplex theatres, entertainment retail centers, and destination recreational and specialty properties. EPR Properties is based in Kansas City, Missouri. “

A number of other equities analysts have also recently weighed in on EPR. BidaskClub cut EPR Properties from a hold rating to a sell rating in a report on Tuesday, July 25th. ValuEngine cut EPR Properties from a buy rating to a hold rating in a report on Friday, June 2nd. Finally, Ladenburg Thalmann Financial Services restated a hold rating on shares of EPR Properties in a report on Thursday, May 18th. One equities research analyst has rated the stock with a sell rating and six have issued a hold rating to the stock. The company presently has an average rating of Hold and a consensus price target of $79.80.

Shares of EPR Properties (EPR) opened at 69.50 on Monday. The company has a 50-day moving average of $72.88 and a 200 day moving average of $73.19. The firm has a market cap of $5.12 billion, a PE ratio of 22.07 and a beta of 0.57. EPR Properties has a one year low of $65.50 and a one year high of $82.78.

EPR Properties (NYSE:EPR) last issued its earnings results on Thursday, August 3rd. The real estate investment trust reported $1.29 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.24 by $0.05. The business had revenue of $147.80 million during the quarter, compared to analysts’ expectations of $138.07 million. EPR Properties had a return on equity of 10.51% and a net margin of 46.90%. The company’s revenue for the quarter was up 25.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.17 EPS. On average, equities research analysts expect that EPR Properties will post $3.36 EPS for the current fiscal year.

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The business also recently declared a aug 17 dividend, which will be paid on Tuesday, August 15th. Shareholders of record on Monday, July 31st will be issued a $0.34 dividend. This represents a yield of 5.56%. The ex-dividend date of this dividend is Thursday, July 27th. EPR Properties’s dividend payout ratio is presently 120.00%.

In other EPR Properties news, Director Robert J. Druten sold 9,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 10th. The stock was sold at an average price of $70.30, for a total value of $632,700.00. Following the completion of the transaction, the director now owns 22,304 shares in the company, valued at approximately $1,567,971.20. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Peter C. Brown sold 7,907 shares of the company’s stock in a transaction that occurred on Tuesday, June 6th. The stock was sold at an average price of $71.49, for a total value of $565,271.43. Following the completion of the transaction, the director now owns 4,578 shares of the company’s stock, valued at approximately $327,281.22. The disclosure for this sale can be found here. 1.50% of the stock is owned by corporate insiders.

Several institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its position in EPR Properties by 2.7% in the first quarter. Vanguard Group Inc. now owns 10,337,034 shares of the real estate investment trust’s stock valued at $761,115,000 after buying an additional 272,916 shares during the period. BlackRock Inc. boosted its position in EPR Properties by 3,652.5% in the first quarter. BlackRock Inc. now owns 7,220,261 shares of the real estate investment trust’s stock valued at $531,629,000 after buying an additional 7,027,848 shares during the period. Principal Financial Group Inc. boosted its position in EPR Properties by 12.6% in the first quarter. Principal Financial Group Inc. now owns 3,131,467 shares of the real estate investment trust’s stock valued at $230,510,000 after buying an additional 349,384 shares during the period. State Street Corp boosted its position in EPR Properties by 3.1% in the first quarter. State Street Corp now owns 2,113,363 shares of the real estate investment trust’s stock valued at $155,607,000 after buying an additional 63,987 shares during the period. Finally, Wedge Capital Management L L P NC boosted its position in EPR Properties by 9.2% in the second quarter. Wedge Capital Management L L P NC now owns 1,525,442 shares of the real estate investment trust’s stock valued at $109,634,000 after buying an additional 129,109 shares during the period. Institutional investors own 80.66% of the company’s stock.

About EPR Properties

EPR Properties is a specialty real estate investment trust. The Company’s investment portfolio includes primarily entertainment, education and recreation properties. The Company’s segments include Entertainment, Education, Recreation and Other. The Entertainment segment consists of investments in megaplex theatres, entertainment retail centers, family entertainment centers and other retail parcels.

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