EPR Properties (EPR) Receives Consensus Rating of “Hold” from Brokerages
EPR Properties (NYSE:EPR) has been assigned a consensus rating of “Hold” from the ten ratings firms that are currently covering the stock, Marketbeat.com reports. Seven investment analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $82.33.
Several brokerages have issued reports on EPR. BidaskClub upgraded EPR Properties from a “sell” rating to a “hold” rating in a research report on Tuesday, June 13th. Zacks Investment Research upgraded EPR Properties from a “sell” rating to a “hold” rating in a research report on Tuesday, July 4th. Ladenburg Thalmann Financial Services restated a “hold” rating on shares of EPR Properties in a research report on Wednesday, May 3rd. Finally, ValuEngine lowered EPR Properties from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd.
In related news, Director Peter C. Brown sold 7,907 shares of the business’s stock in a transaction that occurred on Tuesday, June 6th. The stock was sold at an average price of $71.49, for a total value of $565,271.43. Following the completion of the sale, the director now owns 4,578 shares in the company, valued at $327,281.22. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Robert J. Druten sold 9,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 10th. The shares were sold at an average price of $70.30, for a total value of $632,700.00. Following the completion of the sale, the director now owns 22,304 shares of the company’s stock, valued at approximately $1,567,971.20. The disclosure for this sale can be found here. 1.50% of the stock is currently owned by insiders.
Hedge funds have recently made changes to their positions in the stock. Penserra Capital Management LLC raised its stake in shares of EPR Properties by 95.2% in the first quarter. Penserra Capital Management LLC now owns 1,472 shares of the real estate investment trust’s stock worth $108,000 after buying an additional 718 shares during the last quarter. Private Advisor Group LLC purchased a new stake in shares of EPR Properties during the first quarter worth about $201,000. Financial Counselors Inc. purchased a new stake in shares of EPR Properties during the first quarter worth about $218,000. Park Avenue Securities LLC purchased a new stake in shares of EPR Properties during the first quarter worth about $242,000. Finally, IFP Advisors Inc raised its stake in shares of EPR Properties by 5.0% in the first quarter. IFP Advisors Inc now owns 3,318 shares of the real estate investment trust’s stock worth $244,000 after buying an additional 157 shares during the last quarter. Hedge funds and other institutional investors own 77.07% of the company’s stock.
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Shares of EPR Properties (NYSE EPR) traded down 2.02% during midday trading on Friday, reaching $71.89. The company had a trading volume of 177,623 shares. EPR Properties has a 52 week low of $65.50 and a 52 week high of $84.67. The firm has a market capitalization of $5.29 billion, a price-to-earnings ratio of 22.83 and a beta of 0.57. The stock has a 50-day moving average of $72.82 and a 200 day moving average of $73.22.
The company also recently declared a aug 17 dividend, which will be paid on Tuesday, August 15th. Investors of record on Monday, July 31st will be issued a $0.34 dividend. The ex-dividend date is Thursday, July 27th. This represents a dividend yield of 5.56%. EPR Properties’s payout ratio is 129.52%.
About EPR Properties
EPR Properties is a specialty real estate investment trust. The Company’s investment portfolio includes primarily entertainment, education and recreation properties. The Company’s segments include Entertainment, Education, Recreation and Other. The Entertainment segment consists of investments in megaplex theatres, entertainment retail centers, family entertainment centers and other retail parcels.
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