Wellington Management Group LLP Sells 14,639 Shares of EPR Properties (NYSE:EPR)

Wellington Management Group LLP decreased its position in shares of EPR Properties (NYSE:EPR) by 77.6% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 4,232 shares of the real estate investment trust’s stock after selling 14,639 shares during the quarter. Wellington Management Group LLP’s holdings in EPR Properties were worth $208,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Abich Financial Wealth Management LLC raised its position in shares of 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 acquiring an additional 483 shares during the last quarter. V Square Quantitative Management LLC acquired a new stake in EPR Properties in the third quarter worth about $27,000. Brooklyn Investment Group bought a new stake in EPR Properties during the 3rd quarter worth about $27,000. Blue Trust Inc. lifted its position 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 period. Finally, GAMMA Investing LLC boosted its stake in shares of EPR Properties by 38.9% in the 3rd quarter. GAMMA Investing LLC now owns 825 shares of the real estate investment trust’s stock valued at $40,000 after purchasing an additional 231 shares during the last quarter. 74.66% of the stock is currently owned by institutional investors.

EPR Properties Stock Performance

EPR stock opened at $43.59 on Friday. EPR Properties has a 1-year low of $39.65 and a 1-year high of $50.26. The company has a current ratio of 7.81, a quick ratio of 7.81 and a debt-to-equity ratio of 1.19. The firm has a market cap of $3.30 billion, a PE ratio of 18.87 and a beta of 1.75. The business’s 50-day moving average price is $45.67 and its two-hundred day moving average price is $45.17.

EPR Properties Announces Dividend

The firm also recently disclosed a dec 24 dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be issued a dividend of $0.285 per share. This represents a dividend yield of 7.6%. The ex-dividend date is Tuesday, December 31st. EPR Properties’s dividend payout ratio (DPR) is presently 148.05%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. JMP Securities reissued a “market perform” rating on shares of EPR Properties in a research note on Tuesday, September 24th. UBS Group started coverage on shares of 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. raised their price target on EPR Properties from $48.00 to $51.00 and gave the stock an “overweight” rating in a research report on Monday, September 9th. Finally, Wells Fargo & Company reiterated an “underweight” rating and issued a $47.00 price objective (up previously from $45.00) on shares of EPR Properties in a report on Tuesday, October 1st. Two analysts have rated the stock with a sell rating, five have given a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $48.28.

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.