EPR Properties (NYSE:EPR) Shares Acquired by Algert Global LLC

Algert Global LLC grew its holdings in EPR Properties (NYSE:EPR) by 369.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 88,646 shares of the real estate investment trust’s stock after acquiring an additional 69,774 shares during the quarter. Algert Global LLC owned 0.12% of EPR Properties worth $3,721,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in EPR. Wellington Management Group LLP boosted its holdings in 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 worth $81,930,000 after acquiring an additional 1,257,791 shares in the last quarter. AQR Capital Management LLC boosted its holdings in EPR Properties by 64.1% in the second quarter. AQR Capital Management LLC now owns 1,044,134 shares of the real estate investment trust’s stock worth $43,279,000 after acquiring an additional 407,767 shares in the last quarter. Renaissance Technologies LLC lifted its holdings in shares of EPR Properties by 23.3% during the second quarter. Renaissance Technologies LLC now owns 1,177,586 shares of the real estate investment trust’s stock worth $49,435,000 after purchasing an additional 222,800 shares during the period. Swedbank AB acquired a new stake in shares of EPR Properties during the first quarter worth about $7,429,000. Finally, Vanguard Group Inc. lifted its holdings in shares of EPR Properties by 1.0% during the first quarter. Vanguard Group Inc. now owns 11,366,416 shares of the real estate investment trust’s stock worth $482,504,000 after purchasing an additional 109,144 shares during the period. Institutional investors and hedge funds own 74.66% of the company’s stock.

EPR Properties Stock Up 1.0 %

EPR Properties stock opened at $49.02 on Tuesday. The stock has a market capitalization of $3.71 billion, a PE ratio of 24.15 and a beta of 1.75. EPR Properties has a 12 month low of $39.65 and a 12 month high of $50.26. The business has a 50 day simple moving average of $46.48 and a 200-day simple moving average of $43.21. The company has a debt-to-equity ratio of 1.16, a current ratio of 11.12 and a quick ratio of 11.12.

EPR Properties Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, October 15th. Stockholders 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 dividend yield of 6.98%. The ex-dividend date is Monday, September 30th. EPR Properties’s dividend payout ratio (DPR) is presently 168.47%.

Insider Activity

In other news, CAO Tonya L. Mater sold 1,000 shares of the business’s 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 completion of the sale, the chief accounting officer now directly owns 42,710 shares in the company, valued at $1,964,660. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In related news, SVP Gwendolyn Mary Johnson sold 592 shares of the business’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 transaction of $25,941.44. Following the completion of the sale, the senior vice president now directly owns 5,780 shares in the company, valued at $253,279.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Tonya L. Mater sold 1,000 shares of the business’s 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 sale, the chief accounting officer now owns 42,710 shares of the company’s stock, valued at $1,964,660. The disclosure for this sale can be found here. Company insiders own 2.13% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on EPR. Royal Bank of Canada raised EPR Properties from a “sector perform” rating to an “outperform” rating and lifted their target price for the stock from $48.00 to $50.00 in a report on Monday, August 5th. Stifel Nicolaus lifted their target price on EPR Properties from $42.50 to $47.50 and gave the stock a “hold” rating in a report on Thursday, August 1st. JMP Securities reaffirmed a “market perform” rating on shares of EPR Properties in a report on Tuesday, September 24th. Wells Fargo & Company lifted their target price on EPR Properties from $42.00 to $45.00 and gave the stock an “underweight” rating in a report on Monday, August 26th. Finally, JPMorgan Chase & Co. lifted their price target on EPR Properties from $48.00 to $51.00 and gave the company an “overweight” rating in a research report on Monday, September 9th. Two analysts have rated the stock with a sell rating, four have issued a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, EPR Properties currently has a consensus 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.