Victory Capital Management Inc. Sells 1,136 Shares of EPR Properties (NYSE:EPR)

Victory Capital Management Inc. decreased its holdings in EPR Properties (NYSE:EPR) by 7.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,456 shares of the real estate investment trust’s stock after selling 1,136 shares during the period. Victory Capital Management Inc.’s holdings in EPR Properties were worth $709,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in EPR. Abich Financial Wealth Management LLC boosted its stake in EPR Properties by 1,725.0% during the third quarter. Abich Financial Wealth Management LLC now owns 511 shares of the real estate investment trust’s stock worth $25,000 after buying an additional 483 shares during the period. V Square Quantitative Management LLC purchased a new position in shares of EPR Properties during the 3rd quarter worth about $27,000. GAMMA Investing LLC boosted its stake in shares of EPR Properties by 262.2% during the 2nd quarter. GAMMA Investing LLC now owns 594 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 430 shares during the period. Blue Trust Inc. grew its holdings in EPR Properties by 67.2% during the 3rd quarter. Blue Trust Inc. now owns 709 shares of the real estate investment trust’s stock valued at $35,000 after purchasing an additional 285 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC purchased a new stake in EPR Properties in the 2nd quarter worth about $55,000. Hedge funds and other institutional investors own 74.66% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on EPR shares. Truist Financial upped their target price on EPR Properties from $44.00 to $46.00 and gave the company a “hold” rating in a research note on Friday, August 16th. Wells Fargo & Company reaffirmed an “underweight” rating and issued a $47.00 price objective (up previously from $45.00) on shares of EPR Properties in a research report on Tuesday, October 1st. UBS Group began coverage on EPR Properties in a research report on Thursday, November 14th. They set a “neutral” rating and a $48.00 target price for the company. JPMorgan Chase & Co. boosted their target price on shares of EPR Properties from $48.00 to $51.00 and gave the company an “overweight” rating in a research note on Monday, September 9th. Finally, StockNews.com downgraded shares of EPR Properties from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, EPR Properties has an average rating of “Hold” and a consensus target price of $48.28.

EPR Properties Stock Up 1.2 %

NYSE:EPR opened at $45.78 on Friday. The company has a debt-to-equity ratio of 1.19, a current ratio of 7.81 and a quick ratio of 7.81. EPR Properties has a 1-year low of $39.65 and a 1-year high of $50.26. The company has a 50-day moving average of $46.84 and a 200 day moving average of $44.79. The firm has a market cap of $3.47 billion, a PE ratio of 19.82 and a beta of 1.76.

EPR Properties Announces Dividend

The firm also recently declared a nov 24 dividend, which will be paid on Monday, December 16th. Stockholders of record on Friday, November 29th will be given a $0.285 dividend. The ex-dividend date is Friday, November 29th. This represents a dividend yield of 7.8%. EPR Properties’s payout ratio is presently 148.05%.

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.