Sumitomo Mitsui Trust Holdings Inc. Acquires 20,811 Shares of EPR Properties (NYSE:EPR)

Sumitomo Mitsui Trust Holdings Inc. boosted its holdings in EPR Properties (NYSE:EPR) by 24.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 106,446 shares of the real estate investment trust’s stock after acquiring an additional 20,811 shares during the quarter. Sumitomo Mitsui Trust Holdings Inc. owned 0.14% of EPR Properties worth $8,181,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Vanguard Group Inc. increased its stake in EPR Properties by 1.3% in the second quarter. Vanguard Group Inc. now owns 11,717,113 shares of the real estate investment trust’s stock valued at $873,980,000 after acquiring an additional 146,146 shares during the period. Invesco Ltd. grew its stake in EPR Properties by 250.2% during the second quarter. Invesco Ltd. now owns 3,143,943 shares of the real estate investment trust’s stock worth $234,506,000 after buying an additional 2,246,111 shares during the last quarter. Bank of New York Mellon Corp grew its stake in EPR Properties by 8.6% during the second quarter. Bank of New York Mellon Corp now owns 1,017,610 shares of the real estate investment trust’s stock worth $75,904,000 after buying an additional 80,515 shares during the last quarter. Northern Trust Corp grew its stake in EPR Properties by 1.7% during the second quarter. Northern Trust Corp now owns 879,176 shares of the real estate investment trust’s stock worth $65,577,000 after buying an additional 15,028 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in EPR Properties by 5.5% during the second quarter. Charles Schwab Investment Management Inc. now owns 619,382 shares of the real estate investment trust’s stock worth $46,200,000 after buying an additional 32,256 shares during the last quarter. 83.17% of the stock is currently owned by institutional investors and hedge funds.

Shares of EPR traded down $0.07 during mid-day trading on Monday, hitting $72.99. 439,126 shares of the company traded hands, compared to its average volume of 422,244. EPR Properties has a one year low of $62.75 and a one year high of $80.75. The company has a current ratio of 5.23, a quick ratio of 5.23 and a debt-to-equity ratio of 1.02. The business has a 50-day moving average of $77.22 and a 200 day moving average of $77.04. The stock has a market capitalization of $5.73 billion, a price-to-earnings ratio of 11.97, a PEG ratio of 4.28 and a beta of 0.47.

The business also recently declared a monthly dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st will be paid a dividend of $0.375 per share. The ex-dividend date is Wednesday, October 30th. This represents a $4.50 annualized dividend and a dividend yield of 6.17%. EPR Properties’s dividend payout ratio (DPR) is currently 73.77%.

EPR has been the topic of several research analyst reports. TheStreet cut shares of EPR Properties from a “b” rating to a “c+” rating in a research note on Tuesday, October 29th. ValuEngine cut shares of EPR Properties from a “hold” rating to a “sell” rating in a research note on Friday, November 1st. Zacks Investment Research cut shares of EPR Properties from a “buy” rating to a “hold” rating in a research note on Monday, November 4th. JPMorgan Chase & Co. increased their price target on shares of EPR Properties from $76.00 to $83.00 and gave the company a “neutral” rating in a research note on Wednesday, August 28th. Finally, Stifel Nicolaus increased their price target on shares of EPR Properties from $80.00 to $82.00 and gave the company a “hold” rating in a research note on Friday, August 23rd. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company’s stock. EPR Properties has an average rating of “Hold” and a consensus target price of $83.17.

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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Institutional Ownership by Quarter for EPR Properties (NYSE:EPR)

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