EPR Properties (NYSE:EPR) Upgraded by SunTrust Banks to “Buy”

SunTrust Banks upgraded shares of EPR Properties (NYSE:EPR) from a hold rating to a buy rating in a research report released on Wednesday morning, Benzinga reports. The firm currently has $77.00 price objective on the real estate investment trust’s stock.

Several other analysts have also recently commented on EPR. Zacks Investment Research cut EPR Properties from a buy rating to a hold rating in a report on Monday, November 4th. ValuEngine upgraded EPR Properties from a sell rating to a hold rating in a report on Tuesday, December 3rd. TheStreet cut EPR Properties from a b rating to a c+ rating in a report on Tuesday, October 29th. Finally, JPMorgan Chase & Co. upgraded EPR Properties from a neutral rating to an overweight rating and set a $84.00 price target for the company in a report on Wednesday, December 18th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company’s stock. EPR Properties currently has a consensus rating of Hold and a consensus target price of $82.43.

NYSE EPR traded up $0.61 during trading on Wednesday, reaching $72.85. 236,877 shares of the company’s stock traded hands, compared to its average volume of 520,667. The company has a debt-to-equity ratio of 1.02, a current ratio of 5.23 and a quick ratio of 5.23. The firm has a market cap of $5.59 billion, a price-to-earnings ratio of 11.94, a price-to-earnings-growth ratio of 4.13 and a beta of 0.44. The company’s 50 day simple moving average is $70.10 and its two-hundred day simple moving average is $74.57. EPR Properties has a 12-month low of $67.32 and a 12-month high of $80.75.

The firm also recently announced a monthly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were given a $0.375 dividend. This represents a $4.50 dividend on an annualized basis and a dividend yield of 6.18%. The ex-dividend date was Monday, December 30th. EPR Properties’s payout ratio is 73.77%.

In other EPR Properties news, SVP Craig L. Evans sold 2,500 shares of the company’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $68.89, for a total value of $172,225.00. Following the transaction, the senior vice president now directly owns 41,135 shares of the company’s stock, valued at approximately $2,833,790.15. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Peter C. Brown sold 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $70.85, for a total value of $141,700.00. Corporate insiders own 1.34% of the company’s stock.

Several institutional investors and hedge funds have recently made changes to their positions in the business. Invesco Ltd. grew its stake in shares of EPR Properties by 250.2% in the second quarter. Invesco Ltd. now owns 3,143,943 shares of the real estate investment trust’s stock worth $234,506,000 after purchasing an additional 2,246,111 shares in the last quarter. Schroder Investment Management Group grew its stake in shares of EPR Properties by 858.0% in the second quarter. Schroder Investment Management Group now owns 256,019 shares of the real estate investment trust’s stock worth $19,097,000 after purchasing an additional 229,294 shares in the last quarter. FMR LLC grew its stake in shares of EPR Properties by 56.1% in the first quarter. FMR LLC now owns 525,303 shares of the real estate investment trust’s stock worth $40,396,000 after purchasing an additional 188,800 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of 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 worth $873,980,000 after purchasing an additional 146,146 shares in the last quarter. Finally, Nuveen Asset Management LLC grew its stake in shares of EPR Properties by 61.7% in the second quarter. Nuveen Asset Management LLC now owns 255,580 shares of the real estate investment trust’s stock worth $19,064,000 after purchasing an additional 97,475 shares in the last quarter. 82.58% of the stock is currently owned by institutional investors.

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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Analyst Recommendations for EPR Properties (NYSE:EPR)

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