Mesirow Financial Investment Management Equity Management Invests $1.43 Million in EPR Properties (NYSE:EPR)
Mesirow Financial Investment Management Equity Management acquired a new position in shares of EPR Properties (NYSE:EPR) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 19,855 shares of the real estate investment trust’s stock, valued at approximately $1,426,000.
Several other institutional investors have also recently bought and sold shares of EPR. BlackRock Inc. raised 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 worth $531,629,000 after buying an additional 7,027,848 shares in the last quarter. Principal Financial Group Inc. raised 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 worth $230,510,000 after buying an additional 349,384 shares in the last quarter. Systematic Financial Management LP raised its position in EPR Properties by 81.9% in the first quarter. Systematic Financial Management LP now owns 761,831 shares of the real estate investment trust’s stock worth $56,094,000 after buying an additional 343,036 shares in the last quarter. Alliancebernstein L.P. raised its position in EPR Properties by 282.7% in the first quarter. Alliancebernstein L.P. now owns 429,953 shares of the real estate investment trust’s stock worth $31,657,000 after buying an additional 317,619 shares in the last quarter. Finally, Vanguard Group Inc. raised 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 worth $761,115,000 after buying an additional 272,916 shares in the last quarter. 80.66% of the stock is owned by institutional investors and hedge funds.
EPR Properties (NYSE EPR) opened at 68.14 on Thursday. The firm has a market cap of $5.02 billion, a price-to-earnings ratio of 21.64 and a beta of 0.57. The company’s 50-day moving average is $71.98 and its 200 day moving average is $72.99. EPR Properties has a 12 month low of $65.50 and a 12 month high of $82.00.
EPR Properties (NYSE:EPR) last posted its quarterly earnings results on Thursday, August 3rd. The real estate investment trust reported $1.29 EPS for the quarter, topping the 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 net margin of 46.90% and a return on equity of 10.51%. The firm’s quarterly revenue was up 25.3% compared to the same quarter last year. During the same period last year, the company posted $1.17 earnings per share. On average, equities research analysts predict that EPR Properties will post $3.39 earnings per share for the current year.
The business also recently declared a aug 17 dividend, which will be paid on Tuesday, August 15th. Investors of record on Monday, July 31st will be issued a dividend of $0.34 per share. This represents a dividend yield of 5.56%. The ex-dividend date of this dividend is Thursday, July 27th. EPR Properties’s dividend payout ratio is currently 120.00%.
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A number of equities analysts have recently weighed in on EPR shares. Ladenburg Thalmann Financial Services reissued a “hold” rating on shares of EPR Properties in a research report on Wednesday, May 3rd. Zacks Investment Research lowered shares of EPR Properties from a “hold” rating to a “sell” rating in a research report on Monday, June 5th. BidaskClub lowered shares of EPR Properties from a “hold” rating to a “sell” rating in a research report on Saturday, July 8th. Finally, ValuEngine lowered shares of EPR Properties from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. One analyst has rated the stock with a sell rating and six have assigned a hold rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $79.80.
In related news, Director Peter C. Brown sold 7,907 shares of the firm’s stock in a transaction that occurred on Tuesday, June 6th. The shares were sold at an average price of $71.49, for a total transaction of $565,271.43. Following the completion of the sale, the director now directly owns 4,578 shares in the company, valued at $327,281.22. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 1.50% of the company’s stock.
EPR Properties Company Profile
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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