New York State Teachers Retirement System decreased its position in EPR Properties (NYSE:EPR) by 4.4% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 126,810 shares of the real estate investment trust’s stock after selling 5,778 shares during the quarter. New York State Teachers Retirement System owned approximately 0.17% of EPR Properties worth $9,752,000 at the end of the most recent quarter.
A number of other hedge funds have also recently bought and sold shares of EPR. American Century Companies Inc. increased its position in EPR Properties by 0.4% in the fourth quarter. American Century Companies Inc. now owns 107,665 shares of the real estate investment trust’s stock worth $6,894,000 after buying an additional 477 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its position in EPR Properties by 11.7% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 27,648 shares of the real estate investment trust’s stock worth $1,770,000 after buying an additional 2,900 shares in the last quarter. Neuburgh Advisers LLC increased its position in EPR Properties by 17.0% in the fourth quarter. Neuburgh Advisers LLC now owns 137,020 shares of the real estate investment trust’s stock worth $8,773,000 after buying an additional 19,924 shares in the last quarter. Shelton Capital Management increased its position in EPR Properties by 28.5% in the fourth quarter. Shelton Capital Management now owns 8,248 shares of the real estate investment trust’s stock worth $528,000 after buying an additional 1,830 shares in the last quarter. Finally, Nordea Investment Management AB purchased a new stake in EPR Properties in the fourth quarter worth about $106,000. 84.50% of the stock is currently owned by institutional investors.
In other EPR Properties news, SVP Craig L. Evans sold 5,000 shares of the business’s stock in a transaction on Monday, May 20th. The shares were sold at an average price of $76.57, for a total value of $382,850.00. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Jack A. Newman, Jr. sold 506 shares of the business’s stock in a transaction on Thursday, May 2nd. The stock was sold at an average price of $79.48, for a total transaction of $40,216.88. Following the completion of the transaction, the director now owns 2,273 shares in the company, valued at approximately $180,658.04. The disclosure for this sale can be found here. Insiders have sold a total of 6,506 shares of company stock valued at $500,937 over the last three months. Corporate insiders own 1.34% of the company’s stock.
NYSE:EPR traded up $0.25 during trading hours on Friday, hitting $78.00. 520,970 shares of the stock were exchanged, compared to its average volume of 426,702. EPR Properties has a 52-week low of $62.75 and a 52-week high of $80.75. The company has a current ratio of 5.61, a quick ratio of 5.61 and a debt-to-equity ratio of 1.05. The firm has a market cap of $5.94 billion, a P/E ratio of 12.79, a price-to-earnings-growth ratio of 4.53 and a beta of 0.66.
EPR Properties (NYSE:EPR) last posted its quarterly earnings data on Monday, April 29th. The real estate investment trust reported $1.36 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.35 by $0.01. EPR Properties had a return on equity of 10.81% and a net margin of 42.63%. The company had revenue of $164.50 million during the quarter, compared to analyst estimates of $162.03 million. During the same period in the previous year, the business earned $1.26 EPS. EPR Properties’s quarterly revenue was up 6.1% on a year-over-year basis. On average, research analysts forecast that EPR Properties will post 5.4 earnings per share for the current year.
The business also recently disclosed a dividend, which will be paid on Sunday, June 16th. Stockholders of record on Friday, May 31st will be paid a dividend of $0.375 per share. The ex-dividend date is Thursday, May 30th. EPR Properties’s dividend payout ratio is presently 73.77%.
A number of analysts have commented on EPR shares. Royal Bank of Canada upped their price target on EPR Properties to $83.00 in a research report on Tuesday, May 28th. ValuEngine raised EPR Properties from a “hold” rating to a “buy” rating in a research note on Saturday, March 9th. Raymond James set a $84.00 price objective on EPR Properties and gave the stock a “buy” rating in a report on Thursday, May 2nd. Stifel Nicolaus raised their price objective on EPR Properties from $76.00 to $80.00 and gave the stock a “hold” rating in a report on Tuesday, April 30th. Finally, Bank of America downgraded EPR Properties from a “neutral” rating to an “underperform” rating and set a $80.00 price objective on the stock. in a report on Tuesday. Two analysts have rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the stock. EPR Properties presently has a consensus rating of “Hold” and a consensus price target of $78.83.
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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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