EPR Properties (NYSE:EPR) Shares Purchased by State of Alaska Department of Revenue

State of Alaska Department of Revenue raised its holdings in EPR Properties (NYSE:EPR) by 0.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 44,677 shares of the real estate investment trust’s stock after buying an additional 251 shares during the quarter. State of Alaska Department of Revenue owned approximately 0.06% of EPR Properties worth $1,977,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Abich Financial Wealth Management LLC grew its holdings in EPR Properties by 1,725.0% in the third quarter. Abich Financial Wealth Management LLC now owns 511 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 483 shares during the period. V Square Quantitative Management LLC purchased a new stake in shares of EPR Properties during the 3rd quarter valued at $27,000. Brooklyn Investment Group acquired a new stake in shares of EPR Properties during the 3rd quarter worth $27,000. Blue Trust Inc. raised its position in shares of EPR Properties by 67.2% in the 3rd quarter. Blue Trust Inc. now owns 709 shares of the real estate investment trust’s stock worth $35,000 after buying an additional 285 shares during the period. Finally, GAMMA Investing LLC boosted its holdings in EPR Properties by 38.9% in the third quarter. GAMMA Investing LLC now owns 825 shares of the real estate investment trust’s stock valued at $40,000 after acquiring an additional 231 shares during the last quarter. Institutional investors and hedge funds own 74.66% of the company’s stock.

Wall Street Analysts Forecast Growth

EPR has been the subject of several research analyst reports. Royal Bank of Canada restated an “outperform” rating and issued a $50.00 price objective on shares of EPR Properties in a report on Thursday, January 30th. UBS Group began coverage on shares of EPR Properties in a research note on Thursday, November 14th. They issued a “neutral” rating and a $48.00 target price on the stock. Two research analysts have rated the stock with a sell rating, five have issued a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $47.94.

EPR Properties Price Performance

EPR opened at $47.59 on Wednesday. EPR Properties has a twelve month low of $39.65 and a twelve month high of $50.26. The firm has a market cap of $3.60 billion, a price-to-earnings ratio of 20.60 and a beta of 1.75. 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 company has a fifty day simple moving average of $45.44 and a 200 day simple moving average of $46.17.

EPR Properties Announces Dividend

The firm also recently announced a jan 25 dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Friday, January 31st will be given a dividend of $0.285 per share. This represents a dividend yield of 7.5%. The ex-dividend date is Friday, January 31st. EPR Properties’s payout ratio is 148.05%.

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.