Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in shares of EPR Properties (NYSE:EPR) by 1.2% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 13,196 shares of the real estate investment trust’s stock after acquiring an additional 152 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in EPR Properties were worth $1,015,000 as of its most recent filing with the SEC.
Other institutional investors have also recently added to or reduced their stakes in the company. Sumitomo Mitsui Asset Management Company LTD bought a new position in EPR Properties in the 1st quarter valued at about $227,000. Raymond James & Associates grew its position in EPR Properties by 0.8% in the 1st quarter. Raymond James & Associates now owns 142,614 shares of the real estate investment trust’s stock valued at $10,967,000 after buying an additional 1,062 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its position in EPR Properties by 8.5% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 29,995 shares of the real estate investment trust’s stock valued at $2,307,000 after buying an additional 2,347 shares in the last quarter. Brasada Capital Management LP grew its position in EPR Properties by 110.8% in the 1st quarter. Brasada Capital Management LP now owns 4,065 shares of the real estate investment trust’s stock valued at $313,000 after buying an additional 2,137 shares in the last quarter. Finally, CIBC Asset Management Inc bought a new position in EPR Properties in the 1st quarter valued at about $209,000. Institutional investors and hedge funds own 83.83% of the company’s stock.
Shares of NYSE EPR opened at $77.36 on Wednesday. EPR Properties has a twelve month low of $59.80 and a twelve month high of $80.20. The company has a debt-to-equity ratio of 1.05, a current ratio of 5.61 and a quick ratio of 5.61. The stock has a market capitalization of $5.79 billion, a price-to-earnings ratio of 12.68, a price-to-earnings-growth ratio of 4.53 and a beta of 0.69.
The firm also recently declared a monthly dividend, which will be paid on Monday, June 17th. Shareholders of record on Friday, May 31st will be issued a $0.375 dividend. This represents a $4.50 dividend on an annualized basis and a yield of 5.82%. The ex-dividend date is Thursday, May 30th. EPR Properties’s payout ratio is 73.77%.
In other EPR Properties news, Director Jack A. Newman, Jr. sold 506 shares of the company’s stock in a transaction dated Thursday, May 2nd. The shares were sold at an average price of $79.48, for a total value of $40,216.88. Following the completion of the sale, the director now directly owns 2,273 shares of the company’s stock, valued at approximately $180,658.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Robin Peppe Sterneck sold 860 shares of the company’s stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $72.60, for a total transaction of $62,436.00. Following the completion of the sale, the director now directly owns 1,882 shares of the company’s stock, valued at $136,633.20. The disclosure for this sale can be found here. 1.34% of the stock is currently owned by corporate insiders.
A number of brokerages recently issued reports on EPR. Raymond James set a $84.00 target price on shares of EPR Properties and gave the company a “buy” rating in a research report on Thursday, May 2nd. ValuEngine upgraded shares of EPR Properties from a “hold” rating to a “buy” rating in a research report on Wednesday, May 1st. Finally, Stifel Nicolaus increased their target price on shares of EPR Properties from $76.00 to $80.00 and gave the company a “hold” rating in a research report on Tuesday, April 30th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the company. EPR Properties presently has an average rating of “Hold” and a consensus target price of $75.08.
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About EPR Properties
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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