BNP Paribas Arbitrage SA Reduces Holdings in EPR Properties (EPR)
BNP Paribas Arbitrage SA lessened its stake in EPR Properties (NYSE:EPR) by 46.4% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 41,888 shares of the real estate investment trust’s stock after selling 36,241 shares during the quarter. BNP Paribas Arbitrage SA owned 0.06% of EPR Properties worth $2,921,000 at the end of the most recent reporting period.
Other institutional investors also recently added to or reduced their stakes in the company. Penserra Capital Management LLC increased its stake in EPR Properties by 8.8% in the 2nd quarter. Penserra Capital Management LLC now owns 1,601 shares of the real estate investment trust’s stock valued at $115,000 after buying an additional 129 shares during the period. Ffcm LLC increased its stake in EPR Properties by 119.2% in the 2nd quarter. Ffcm LLC now owns 2,177 shares of the real estate investment trust’s stock valued at $159,000 after buying an additional 1,184 shares during the period. Private Advisor Group LLC increased its stake in EPR Properties by 8.0% in the 2nd quarter. Private Advisor Group LLC now owns 2,943 shares of the real estate investment trust’s stock valued at $207,000 after buying an additional 218 shares during the period. Wedbush Securities Inc. acquired a new position in EPR Properties in the 2nd quarter valued at approximately $208,000. Finally, Verition Fund Management LLC acquired a new position in EPR Properties in the 2nd quarter valued at approximately $208,000. Hedge funds and other institutional investors own 86.07% of the company’s stock.
Several research firms have weighed in on EPR. B. Riley reiterated a “neutral” rating on shares of EPR Properties in a research note on Wednesday, November 1st. Zacks Investment Research downgraded shares of EPR Properties from a “buy” rating to a “hold” rating in a research report on Monday, August 7th. KeyCorp reissued a “buy” rating and issued a $80.00 target price on shares of EPR Properties in a research report on Tuesday, September 26th. Ladenburg Thalmann Financial Services reissued a “buy” rating on shares of EPR Properties in a research report on Monday, November 13th. Finally, BidaskClub downgraded shares of EPR Properties from a “hold” rating to a “sell” rating in a research report on Tuesday, July 25th. Six research analysts have rated the stock with a hold rating and two have given a buy rating to the company. EPR Properties currently has an average rating of “Hold” and an average target price of $78.86.
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Shares of EPR Properties (NYSE:EPR) opened at $67.60 on Tuesday. The company has a quick ratio of 7.88, a current ratio of 7.88 and a debt-to-equity ratio of 1.03. EPR Properties has a 1-year low of $66.66 and a 1-year high of $77.70. The firm has a market cap of $4,980.00, a price-to-earnings ratio of 13.67 and a beta of 0.58.
The business also recently declared a nov 17 dividend, which will be paid on Friday, December 15th. Shareholders of record on Thursday, November 30th will be issued a $0.34 dividend. This represents a yield of 6.04%. The ex-dividend date of this dividend is Wednesday, November 29th. EPR Properties’s dividend payout ratio (DPR) is presently 121.43%.
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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