Mercer Global Advisors Inc. ADV Purchases 8,475 Shares of EPR Properties (NYSE:EPR)

Mercer Global Advisors Inc. ADV grew its position in EPR Properties (NYSE:EPR) by 16.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 58,946 shares of the real estate investment trust’s stock after acquiring an additional 8,475 shares during the quarter. Mercer Global Advisors Inc. ADV owned 0.08% of EPR Properties worth $2,475,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of the company. Nisa Investment Advisors LLC increased its position 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 worth $2,295,000 after purchasing an additional 1,484 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of 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 acquiring an additional 109,144 shares during the last quarter. LSV Asset Management grew its position in 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 worth $48,153,000 after acquiring an additional 21,900 shares in the last quarter. Ontario Teachers Pension Plan Board increased its stake in 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 acquiring an additional 25,259 shares during the last quarter. Finally, Allianz Asset Management GmbH raised its position in 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 valued at $4,321,000 after purchasing an additional 43,190 shares during the period. 74.66% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at EPR Properties

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 transaction, the senior vice president now directly owns 5,780 shares of the company’s stock, valued at $253,279.60. The sale was disclosed in a filing with the SEC, which is accessible through this link. In other EPR Properties news, CAO Tonya L. Mater sold 1,000 shares of the stock in a transaction dated 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 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 accessible through this link. Also, SVP Gwendolyn Mary Johnson sold 592 shares of the firm’s stock in a transaction dated Monday, August 5th. The shares were sold at an average price of $43.82, for a total transaction of $25,941.44. Following the completion of the sale, the senior vice president now owns 5,780 shares in the company, valued at $253,279.60. The disclosure for this sale can be found here. Corporate insiders own 2.13% of the company’s stock.

EPR Properties Price Performance

Shares of EPR stock opened at $49.38 on Tuesday. EPR Properties has a twelve month low of $39.65 and a twelve month high of $49.63. The company has a current ratio of 11.12, a quick ratio of 11.12 and a debt-to-equity ratio of 1.16. The stock has a fifty day simple moving average of $46.09 and a two-hundred day simple moving average of $43.03. The stock has a market capitalization of $3.74 billion, a price-to-earnings ratio of 24.33 and a beta of 1.75.

EPR Properties Announces Dividend

The firm 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 $0.285 dividend. The ex-dividend date of this dividend is Monday, September 30th. This represents a $3.42 annualized dividend and a dividend yield of 6.93%. EPR Properties’s dividend payout ratio is currently 168.47%.

Wall Street Analysts Forecast Growth

EPR has been the topic of several analyst reports. StockNews.com downgraded EPR Properties from a “buy” rating to a “hold” rating in a research report on Thursday, August 1st. Truist Financial raised their target price on shares of EPR Properties from $44.00 to $46.00 and gave the stock a “hold” rating in a report on Friday, August 16th. JPMorgan Chase & Co. upped their price target on shares of EPR Properties from $48.00 to $51.00 and gave the company an “overweight” rating in a report on Monday, September 9th. Stifel Nicolaus raised their price objective 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. Finally, Wells Fargo & Company upped their target price on EPR Properties from $42.00 to $45.00 and gave the company an “underweight” rating in a research note on Monday, August 26th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, EPR Properties presently has an average rating of “Hold” and a consensus target price of $48.06.

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.