Marshall Wace LLP Invests $1.60 Million in EPR Properties (NYSE:EPR)

Marshall Wace LLP purchased a new stake in shares of EPR Properties (NYSE:EPR) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 38,004 shares of the real estate investment trust’s stock, valued at approximately $1,595,000. Marshall Wace LLP owned approximately 0.05% of EPR Properties at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of EPR. Thrivent Financial for Lutherans raised its holdings in EPR Properties by 15.8% during the 2nd quarter. Thrivent Financial for Lutherans now owns 275,347 shares of the real estate investment trust’s stock valued at $11,559,000 after acquiring an additional 37,649 shares during the period. Sei Investments Co. grew its position in shares of EPR Properties by 8.1% in the second quarter. Sei Investments Co. now owns 10,239 shares of the real estate investment trust’s stock valued at $430,000 after purchasing an additional 768 shares in the last quarter. Pacer Advisors Inc. raised its stake in shares of EPR Properties by 77.4% during the 2nd quarter. Pacer Advisors Inc. now owns 19,912 shares of the real estate investment trust’s stock valued at $836,000 after purchasing an additional 8,688 shares during the period. Intech Investment Management LLC purchased a new stake in EPR Properties during the 2nd quarter worth about $1,415,000. Finally, XTX Topco Ltd bought a new position in EPR Properties in the 2nd quarter worth about $216,000. 74.66% of the stock is currently owned by hedge funds and other institutional investors.

EPR Properties Trading Up 0.2 %

Shares of EPR stock opened at $47.72 on Friday. The business has a 50-day moving average price of $46.80 and a two-hundred day moving average price of $43.43. EPR Properties has a 12-month low of $39.65 and a 12-month high of $50.26. 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 cap of $3.61 billion, a P/E ratio of 23.51 and a beta of 1.75.

EPR Properties Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, October 15th. Investors of record on Monday, September 30th will be given a $0.285 dividend. The ex-dividend date is Monday, September 30th. This represents a $3.42 dividend on an annualized basis and a yield of 7.17%. EPR Properties’s payout ratio is 168.47%.

Insiders Place Their Bets

In other EPR Properties 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 approximately $253,279.60. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In related news, CAO Tonya L. Mater sold 1,000 shares of the stock in a transaction dated Wednesday, August 21st. The stock was 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 in the company, valued at $1,964,660. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Gwendolyn Mary Johnson sold 592 shares of the firm’s stock in a transaction that occurred on Monday, August 5th. The stock was sold at an average price of $43.82, for a total value of $25,941.44. Following the transaction, the senior vice president now owns 5,780 shares in the company, valued at approximately $253,279.60. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.13% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Wells Fargo & Company reiterated an “underweight” rating and set a $47.00 price target (up from $45.00) on shares of EPR Properties in a research report on Tuesday, October 1st. Royal Bank of Canada raised shares of EPR Properties from a “sector perform” rating to an “outperform” rating and raised their price target for the company from $48.00 to $50.00 in a report on Monday, August 5th. JPMorgan Chase & Co. upped their price target on shares of EPR Properties from $48.00 to $51.00 and gave the stock an “overweight” rating in a report on Monday, September 9th. StockNews.com lowered EPR Properties from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. Finally, Truist Financial upped their target price on EPR Properties from $44.00 to $46.00 and gave the stock a “hold” rating in a research note on Friday, August 16th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $48.28.

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.