Nomura Asset Management Co. Ltd. Purchases 6,830 Shares of EPR Properties (EPR)
Nomura Asset Management Co. Ltd. raised its position in shares of EPR Properties (NYSE:EPR) by 17.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 46,280 shares of the real estate investment trust’s stock after buying an additional 6,830 shares during the quarter. Nomura Asset Management Co. Ltd. owned about 0.06% of EPR Properties worth $3,166,000 at the end of the most recent quarter.
A number of other institutional investors have also recently made changes to their positions in the business. Schwab Charles Investment Management Inc. increased its holdings in shares of EPR Properties by 11.4% during the second quarter. Schwab Charles Investment Management Inc. now owns 425,309 shares of the real estate investment trust’s stock valued at $27,556,000 after acquiring an additional 43,391 shares in the last quarter. BNP Paribas Arbitrage SA increased its holdings in shares of EPR Properties by 40.7% during the second quarter. BNP Paribas Arbitrage SA now owns 23,583 shares of the real estate investment trust’s stock valued at $1,528,000 after acquiring an additional 6,822 shares in the last quarter. Lake Street Advisors Group LLC bought a new position in shares of EPR Properties during the second quarter valued at $900,000. Global X Management Co LLC increased its holdings in shares of EPR Properties by 25.2% during the second quarter. Global X Management Co LLC now owns 47,586 shares of the real estate investment trust’s stock valued at $3,083,000 after acquiring an additional 9,586 shares in the last quarter. Finally, Riverhead Capital Management LLC increased its holdings in shares of EPR Properties by 142.9% during the second quarter. Riverhead Capital Management LLC now owns 32,887 shares of the real estate investment trust’s stock valued at $2,131,000 after acquiring an additional 19,350 shares in the last quarter. 90.57% of the stock is owned by institutional investors and hedge funds.
EPR has been the subject of several analyst reports. Zacks Investment Research upgraded EPR Properties from a “hold” rating to a “buy” rating and set a $76.00 price target for the company in a report on Wednesday, October 3rd. Royal Bank of Canada reiterated a “buy” rating and issued a $71.00 price objective on shares of EPR Properties in a report on Wednesday, August 15th. ValuEngine downgraded EPR Properties from a “hold” rating to a “sell” rating in a report on Wednesday, September 19th. Citigroup lifted their price objective on EPR Properties from $60.00 to $65.00 and gave the stock a “neutral” rating in a report on Thursday, August 2nd. Finally, Bank of America lifted their price objective on EPR Properties from $65.50 to $67.50 and gave the stock a “neutral” rating in a report on Monday, September 10th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and one has assigned a buy rating to the stock. EPR Properties has a consensus rating of “Hold” and a consensus price target of $70.44.
NYSE EPR opened at $70.32 on Wednesday. EPR Properties has a one year low of $51.87 and a one year high of $72.18. The stock has a market capitalization of $5.28 billion, a P/E ratio of 14.01, a price-to-earnings-growth ratio of 4.61 and a beta of 0.43. The company has a quick ratio of 5.57, a current ratio of 5.57 and a debt-to-equity ratio of 1.02.
EPR Properties (NYSE:EPR) last released its quarterly earnings data on Monday, October 29th. The real estate investment trust reported $1.07 EPS for the quarter, topping the consensus estimate of $0.89 by $0.18. EPR Properties had a return on equity of 9.62% and a net margin of 40.84%. The company had revenue of $176.40 million during the quarter, compared to the consensus estimate of $157.09 million. During the same period last year, the company earned $1.22 EPS. EPR Properties’s revenue for the quarter was up 16.5% on a year-over-year basis. On average, sell-side analysts expect that EPR Properties will post 6.06 EPS for the current year.
The firm also recently disclosed a nov 18 dividend, which will be paid on Monday, December 17th. Investors of record on Friday, November 30th will be issued a $0.36 dividend. The ex-dividend date of this dividend is Thursday, November 29th. This represents a yield of 6.09%. EPR Properties’s payout ratio is 86.06%.
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EPR Properties Profile
EPR Properties is a specialty real estate investment trust (REIT) that invests in properties in select market segments which require unique industry knowledge, while offering the potential for stable and attractive returns. Our total investments exceed $6.7 billion and our primary investment segments are Entertainment, Recreation and Education.
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