Headlands Technologies LLC Invests $118,000 in EPR Properties (NYSE:EPR)

Headlands Technologies LLC bought a new stake in EPR Properties (NYSE:EPR) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,809 shares of the real estate investment trust’s stock, valued at approximately $118,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Vanguard Group Inc. boosted its holdings 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 valued at $482,504,000 after purchasing an additional 109,144 shares during the period. Wellington Management Group LLP raised its position in shares of EPR Properties by 290.3% in the fourth quarter. Wellington Management Group LLP now owns 1,691,029 shares of the real estate investment trust’s stock valued at $81,930,000 after buying an additional 1,257,791 shares in the last quarter. LSV Asset Management grew its position in EPR Properties by 0.5% during the second quarter. LSV Asset Management now owns 1,139,494 shares of the real estate investment trust’s stock worth $47,836,000 after buying an additional 5,140 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in EPR Properties by 0.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,061,160 shares of the real estate investment trust’s stock worth $51,414,000 after acquiring an additional 3,162 shares during the period. Finally, Norges Bank bought a new position in EPR Properties during the 4th quarter worth $42,761,000. 74.66% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, SVP Gwendolyn Mary Johnson sold 592 shares of EPR Properties stock in a transaction that occurred 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 in the company, valued at approximately $253,279.60. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In related news, CAO Tonya L. Mater sold 1,000 shares of EPR Properties stock in a transaction that occurred on Wednesday, August 21st. The stock was sold at an average price of $46.00, for a total value of $46,000.00. Following the transaction, the chief accounting officer now directly owns 42,710 shares of the company’s stock, valued at $1,964,660. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Gwendolyn Mary Johnson sold 592 shares of the stock in a transaction that occurred 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 disclosure for this sale can be found here. 2.13% of the stock is currently owned by insiders.

EPR Properties Trading Up 2.2 %

NYSE EPR opened at $48.73 on Monday. EPR Properties has a twelve month low of $39.65 and a twelve month high of $49.10. The business’s fifty day moving average is $45.31 and its 200 day moving average is $42.73. 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 company has a market cap of $3.69 billion, a price-to-earnings ratio of 24.01 and a beta of 1.75.

EPR Properties Dividend Announcement

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. This represents a $3.42 annualized dividend and a dividend yield of 7.02%. The ex-dividend date of this dividend is Monday, September 30th. EPR Properties’s dividend payout ratio (DPR) is currently 168.47%.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on EPR shares. Raymond James raised EPR Properties from an “outperform” rating to a “strong-buy” rating and set a $54.00 target price on the stock in a report on Wednesday, August 21st. Bank of America lowered shares of EPR Properties from a “neutral” rating to an “underperform” rating and decreased their target price for the company from $45.00 to $40.00 in a report on Monday, May 20th. 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 report on Thursday, August 1st. Wells Fargo & Company lifted their price objective 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. Finally, JMP Securities restated a “market perform” rating on shares of EPR Properties in a research note on Friday, June 14th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, EPR Properties has an average rating of “Hold” and an average target price of $48.06.

EPR Properties Company 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.