EPR Properties (NYSE:EPR) Stock Position Raised by Arizona State Retirement System

Arizona State Retirement System boosted its holdings in EPR Properties (NYSE:EPR) by 2.3% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 21,187 shares of the real estate investment trust’s stock after acquiring an additional 485 shares during the period. Arizona State Retirement System’s holdings in EPR Properties were worth $889,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in the stock. Nisa Investment Advisors LLC lifted its stake in EPR Properties by 2.8% in the second quarter. Nisa Investment Advisors LLC now owns 54,306 shares of the real estate investment trust’s stock valued at $2,295,000 after buying an additional 1,484 shares during the last quarter. Vanguard Group Inc. grew its position in EPR Properties by 1.0% in the 1st quarter. Vanguard Group Inc. now owns 11,366,416 shares of the real estate investment trust’s stock worth $482,504,000 after purchasing an additional 109,144 shares during the last quarter. LSV Asset Management increased its stake in shares of EPR Properties by 2.0% in the first quarter. LSV Asset Management now owns 1,134,354 shares of the real estate investment trust’s stock valued at $48,153,000 after purchasing an additional 21,900 shares during the period. Ontario Teachers Pension Plan Board boosted its position in shares of EPR Properties by 47.1% during the first quarter. Ontario Teachers Pension Plan Board now owns 78,854 shares of the real estate investment trust’s stock worth $3,347,000 after buying an additional 25,259 shares during the period. Finally, Allianz Asset Management GmbH boosted its position in shares of EPR Properties by 93.9% during the fourth quarter. Allianz Asset Management GmbH now owns 89,195 shares of the real estate investment trust’s stock worth $4,321,000 after buying an additional 43,190 shares during the period. 74.66% of the stock is owned by institutional investors.

EPR Properties Trading Up 2.2 %

NYSE:EPR opened at $48.73 on Friday. The stock has a fifty day simple moving average of $45.31 and a 200 day simple moving average of $42.72. The company has a quick ratio of 11.12, a current ratio of 11.12 and a debt-to-equity ratio of 1.16. The firm has a market capitalization of $3.69 billion, a price-to-earnings ratio of 24.01 and a beta of 1.75. EPR Properties has a 1-year low of $39.65 and a 1-year high of $49.10.

EPR Properties Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be issued a dividend of $0.285 per share. The ex-dividend date of this dividend is Monday, September 30th. This represents a $3.42 dividend on an annualized basis and a dividend yield of 7.02%. EPR Properties’s dividend payout ratio is currently 168.47%.

Insider Activity at EPR Properties

In other EPR Properties news, SVP Gwendolyn Mary Johnson sold 592 shares of the business’s stock in a transaction on Monday, August 5th. The shares were sold at an average price of $43.82, for a total transaction of $25,941.44. Following the sale, the senior vice president now directly owns 5,780 shares of the company’s stock, valued at approximately $253,279.60. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other EPR Properties news, CAO Tonya L. Mater sold 1,000 shares of EPR Properties stock in a transaction on Wednesday, August 21st. The shares were sold at an average price of $46.00, for a total transaction of $46,000.00. Following the completion of the sale, the chief accounting officer now owns 42,710 shares of the company’s stock, valued at approximately $1,964,660. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Gwendolyn Mary Johnson sold 592 shares of the company’s stock in a transaction on Monday, August 5th. The stock was sold at an average price of $43.82, for a total transaction of $25,941.44. Following the completion of the transaction, the senior vice president now directly owns 5,780 shares in the company, valued at $253,279.60. The disclosure for this sale can be found here. 2.13% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on EPR shares. StockNews.com cut EPR Properties from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. Wells Fargo & Company raised their target price on shares of EPR Properties from $42.00 to $45.00 and gave the company an “underweight” rating in a research note on Monday, August 26th. Stifel Nicolaus upped their price target on shares of EPR Properties from $42.50 to $47.50 and gave the stock a “hold” rating in a research note on Thursday, August 1st. Bank of America cut shares of EPR Properties from a “neutral” rating to an “underperform” rating and decreased their price objective for the company from $45.00 to $40.00 in a report on Monday, May 20th. Finally, Raymond James raised EPR Properties from an “outperform” rating to a “strong-buy” rating and set a $54.00 price target for the company in a research note on Wednesday, August 21st. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $48.06.

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.