Strs Ohio Sells 53,594 Shares of EPR Properties (NYSE:EPR)

Strs Ohio lowered its stake in shares of EPR Properties (NYSE:EPR) by 55.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,456 shares of the real estate investment trust’s stock after selling 53,594 shares during the quarter. Strs Ohio owned about 0.06% of EPR Properties worth $2,056,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in the stock. Lazard Asset Management LLC purchased a new stake in shares of EPR Properties during the first quarter valued at about $28,000. State of Wyoming bought a new position in shares of EPR Properties during the 2nd quarter worth approximately $31,000. Advisors Asset Management Inc. purchased a new stake in EPR Properties during the third quarter valued at approximately $38,000. Venturi Wealth Management LLC boosted its stake in EPR Properties by 59.5% in the fourth quarter. Venturi Wealth Management LLC now owns 823 shares of the real estate investment trust’s stock valued at $40,000 after acquiring an additional 307 shares in the last quarter. Finally, NBC Securities Inc. purchased a new position in EPR Properties in the third quarter worth $44,000. Institutional investors own 74.66% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on EPR. Truist Financial decreased their price objective on EPR Properties from $51.00 to $46.00 and set a “hold” rating for the company in a report on Friday, March 22nd. JMP Securities downgraded EPR Properties from an “outperform” rating to a “market perform” rating in a report on Monday, January 22nd. KeyCorp upped their price objective on shares of EPR Properties from $47.00 to $51.00 and gave the company an “overweight” rating in a report on Friday, January 5th. Raymond James lifted their target price on shares of EPR Properties from $50.00 to $54.00 and gave the stock an “outperform” rating in a research note on Monday, January 8th. Finally, StockNews.com lowered shares of EPR Properties from a “buy” rating to a “hold” rating in a research note on Wednesday, January 17th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $48.05.

EPR Properties Stock Down 0.0 %

EPR stock opened at $40.41 on Friday. The company has a debt-to-equity ratio of 1.15, a current ratio of 7.53 and a quick ratio of 7.53. The firm’s fifty day simple moving average is $41.69 and its 200-day simple moving average is $43.85. EPR Properties has a 12 month low of $39.01 and a 12 month high of $49.10. The company has a market capitalization of $3.06 billion, a P/E ratio of 20.51 and a beta of 1.65.

EPR Properties Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Tuesday, April 30th will be given a dividend of $0.285 per share. This represents a $3.42 annualized dividend and a yield of 8.46%. The ex-dividend date is Monday, April 29th. EPR Properties’s dividend payout ratio is currently 173.60%.

About EPR Properties

EPR Properties (NYSE:EPR) is the leading diversified experiential net lease real estate investment trust (REIT), specializing in select enduring experiential properties in the real estate industry. We focus on real estate venues that create value by facilitating out of home leisure and recreation experiences where consumers choose to spend their discretionary time and money.