Oppenheimer & Co. Inc. Has $2.97 Million Holdings in EPR Properties (NYSE:EPR)

Oppenheimer & Co. Inc. raised its position in EPR Properties (NYSE:EPR) by 1.2% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 70,651 shares of the real estate investment trust’s stock after buying an additional 849 shares during the period. Oppenheimer & Co. Inc. owned 0.09% of EPR Properties worth $2,966,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. American Century Companies Inc. purchased a new stake in EPR Properties in the 2nd quarter valued at about $381,000. Headlands Technologies LLC purchased a new stake in EPR Properties in the 2nd quarter valued at about $118,000. Texas Permanent School Fund Corp increased its stake in EPR Properties by 36.7% in the 2nd quarter. Texas Permanent School Fund Corp now owns 90,099 shares of the real estate investment trust’s stock valued at $3,782,000 after buying an additional 24,172 shares during the last quarter. Choreo LLC purchased a new stake in EPR Properties in the 2nd quarter valued at about $217,000. Finally, Ashton Thomas Private Wealth LLC purchased a new stake in EPR Properties in the 2nd quarter valued at about $55,000. Hedge funds and other institutional investors own 74.66% of the company’s stock.

Insiders Place Their Bets

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

EPR Properties Price Performance

Shares of NYSE:EPR opened at $48.73 on Monday. The stock has a market cap of $3.69 billion, a PE ratio of 24.01 and a beta of 1.75. The company’s fifty day moving average is $45.31 and its 200 day moving average is $42.73. EPR Properties has a 52 week low of $39.65 and a 52 week high of $49.10. The company has a quick ratio of 11.12, a current ratio of 11.12 and a debt-to-equity ratio of 1.16.

EPR Properties Dividend Announcement

The firm 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. This represents a $3.42 dividend on an annualized basis and a yield of 7.02%. The ex-dividend date of this dividend is Monday, September 30th. EPR Properties’s payout ratio is presently 168.47%.

Wall Street Analyst Weigh In

Several research firms have commented on EPR. Royal Bank of Canada upgraded shares of EPR Properties from a “sector perform” rating to an “outperform” rating and increased their price objective for the company from $48.00 to $50.00 in a research note on Monday, August 5th. StockNews.com downgraded shares of EPR Properties from a “buy” rating to a “hold” rating in a research report on Thursday, August 1st. Raymond James raised shares of EPR Properties from an “outperform” rating to a “strong-buy” rating and set a $54.00 price objective for the company in a report on Wednesday, August 21st. JMP Securities reaffirmed a “market perform” rating on shares of EPR Properties in a report on Friday, June 14th. Finally, JPMorgan Chase & Co. raised 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. Two investment analysts have rated the stock with a sell rating, four have given a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, EPR Properties has a consensus rating of “Hold” and an average 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.