Vanguard Group Inc. Has $633.32 Million Stake in EPR Properties $EPR

Vanguard Group Inc. trimmed its position in shares of EPR Properties (NYSE:EPR) by 0.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,917,384 shares of the real estate investment trust’s stock after selling 15,049 shares during the period. Vanguard Group Inc. owned approximately 14.34% of EPR Properties worth $633,317,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in EPR. True Wealth Design LLC lifted its position in shares of EPR Properties by 99.6% during the 3rd quarter. True Wealth Design LLC now owns 461 shares of the real estate investment trust’s stock worth $27,000 after purchasing an additional 230 shares during the last quarter. Atlantic Union Bankshares Corp acquired a new stake in EPR Properties in the 3rd quarter valued at approximately $27,000. Loomis Sayles & Co. L P bought a new position in EPR Properties in the 2nd quarter worth approximately $32,000. SJS Investment Consulting Inc. lifted its holdings in shares of EPR Properties by 4,964.7% during the third quarter. SJS Investment Consulting Inc. now owns 861 shares of the real estate investment trust’s stock worth $50,000 after buying an additional 844 shares during the last quarter. Finally, Cullen Frost Bankers Inc. boosted its position in shares of EPR Properties by 201.6% in the second quarter. Cullen Frost Bankers Inc. now owns 938 shares of the real estate investment trust’s stock valued at $55,000 after acquiring an additional 627 shares during the period. 74.66% of the stock is owned by institutional investors and hedge funds.

EPR Properties Price Performance

Shares of NYSE:EPR opened at $59.09 on Tuesday. The business has a fifty day moving average price of $53.68 and a 200-day moving average price of $53.58. The company has a debt-to-equity ratio of 1.19, a current ratio of 7.21 and a quick ratio of 7.21. The company has a market capitalization of $4.50 billion, a PE ratio of 25.80, a PEG ratio of 3.42 and a beta of 0.99. EPR Properties has a 1-year low of $41.75 and a 1-year high of $61.24.

EPR Properties Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, March 16th. Stockholders of record on Friday, February 27th will be issued a dividend of $0.295 per share. The ex-dividend date is Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%. EPR Properties’s dividend payout ratio is presently 154.59%.

Insider Buying and Selling at EPR Properties

In related news, EVP Gregory E. Zimmerman sold 7,500 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $53.89, for a total value of $404,175.00. Following the completion of the transaction, the executive vice president directly owned 66,294 shares in the company, valued at $3,572,583.66. The trade was a 10.16% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 2.31% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on EPR shares. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $58.00 target price on shares of EPR Properties in a research report on Friday, January 30th. JPMorgan Chase & Co. decreased their price target on shares of EPR Properties from $65.00 to $58.00 and set an “overweight” rating on the stock in a research report on Tuesday, December 2nd. Weiss Ratings restated a “buy (b-)” rating on shares of EPR Properties in a report on Monday, December 29th. Truist Financial upped their price objective on shares of EPR Properties from $55.00 to $57.00 and gave the company a “hold” rating in a research report on Tuesday, November 18th. Finally, Wells Fargo & Company decreased their target price on EPR Properties from $56.00 to $54.00 and set an “equal weight” rating on the stock in a research report on Tuesday, November 25th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, EPR Properties has a consensus rating of “Moderate Buy” and an average price target of $58.36.

EPR Properties Company Profile

EPR Properties is a real estate investment trust that specializes in experiential properties across the United States, Canada and select international markets. Established in 1997 and headquartered in Kansas City, Missouri, the company targets properties in the entertainment, recreation and education sectors. Its portfolio includes movie theaters, ski resorts, family entertainment centers, charter schools and other venues that benefit from consumer-driven experiences.

The trust employs long-term, triple-net lease agreements, where tenants are responsible for real estate taxes, insurance and maintenance.