7,292 Shares in EPR Properties (NYSE:EPR) Purchased by BTC Capital Management Inc.

BTC Capital Management Inc. acquired a new position in EPR Properties (NYSE:EPR) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 7,292 shares of the real estate investment trust’s stock, valued at approximately $310,000.

Several other institutional investors have also added to or reduced their stakes in the company. Allianz Asset Management GmbH grew its position in EPR Properties by 93.9% in the 4th quarter. Allianz Asset Management GmbH now owns 89,195 shares of the real estate investment trust’s stock valued at $4,321,000 after acquiring an additional 43,190 shares during the last quarter. DekaBank Deutsche Girozentrale lifted its holdings in EPR Properties by 221.6% during the 4th quarter. DekaBank Deutsche Girozentrale now owns 57,636 shares of the real estate investment trust’s stock valued at $2,838,000 after buying an additional 39,714 shares in the last quarter. Lighthouse Investment Partners LLC boosted its position in EPR Properties by 75.0% in the 4th quarter. Lighthouse Investment Partners LLC now owns 175,000 shares of the real estate investment trust’s stock valued at $8,479,000 after buying an additional 75,000 shares during the period. Norges Bank bought a new position in EPR Properties in the 4th quarter worth about $42,761,000. Finally, Caxton Associates LP purchased a new position in shares of EPR Properties during the fourth quarter worth approximately $2,358,000. Institutional investors own 74.66% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. JMP Securities reaffirmed a “market perform” rating on shares of EPR Properties in a research note on Friday, June 14th. Truist Financial reduced their target price on shares of EPR Properties from $51.00 to $46.00 and set a “hold” rating for the company in a report on Friday, March 22nd. Bank of America lowered EPR Properties from a “neutral” rating to an “underperform” rating and lowered their price objective for the stock from $45.00 to $40.00 in a research report on Monday, May 20th. StockNews.com cut EPR Properties from a “buy” rating to a “hold” rating in a research report on Wednesday, June 5th. Finally, Royal Bank of Canada decreased their price objective on shares of EPR Properties from $49.00 to $48.00 and set a “sector perform” rating on the stock in a report on Tuesday, May 28th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $47.25.

EPR Properties Price Performance

EPR Properties stock opened at $40.81 on Friday. The company has a current ratio of 8.45, a quick ratio of 8.45 and a debt-to-equity ratio of 1.15. The company has a 50-day moving average price of $41.06 and a 200 day moving average price of $43.09. EPR Properties has a 12-month low of $39.65 and a 12-month high of $49.10. The stock has a market cap of $3.09 billion, a P/E ratio of 20.10 and a beta of 1.68.

EPR Properties Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, July 15th. Shareholders of record on Friday, June 28th will be paid a dividend of $0.285 per share. The ex-dividend date of this dividend is Friday, June 28th. This represents a $3.42 annualized dividend and a yield of 8.38%. EPR Properties’s dividend payout ratio (DPR) is 168.47%.

EPR Properties Profile

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.