Prudential Financial Inc. lessened its stake in shares of EPR Properties (NYSE:EPR) by 48.2% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 96,871 shares of the real estate investment trust’s stock after selling 89,960 shares during the period. Prudential Financial Inc. owned approximately 0.13% of EPR Properties worth $6,627,000 at the end of the most recent quarter.
A number of other large investors also recently added to or reduced their stakes in the stock. BlackRock Inc. raised its holdings in EPR Properties by 6.0% during the 2nd quarter. BlackRock Inc. now owns 8,536,989 shares of the real estate investment trust’s stock valued at $553,110,000 after buying an additional 484,113 shares during the period. Massachusetts Financial Services Co. MA raised its holdings in EPR Properties by 25.1% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 1,215,904 shares of the real estate investment trust’s stock valued at $83,180,000 after buying an additional 243,776 shares during the period. Dimensional Fund Advisors LP raised its holdings in EPR Properties by 2.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,117,417 shares of the real estate investment trust’s stock valued at $72,398,000 after buying an additional 30,292 shares during the period. Northern Trust Corp raised its holdings in EPR Properties by 7.5% during the 2nd quarter. Northern Trust Corp now owns 942,402 shares of the real estate investment trust’s stock valued at $61,057,000 after buying an additional 65,845 shares during the period. Finally, Bank of New York Mellon Corp raised its holdings in EPR Properties by 0.7% during the 2nd quarter. Bank of New York Mellon Corp now owns 889,244 shares of the real estate investment trust’s stock valued at $57,613,000 after buying an additional 6,101 shares during the period. Institutional investors own 89.50% of the company’s stock.
In other news, CFO Mark Alan Peterson sold 7,250 shares of the stock in a transaction on Monday, November 5th. The stock was sold at an average price of $69.75, for a total transaction of $505,687.50. Following the transaction, the chief financial officer now owns 101,053 shares of the company’s stock, valued at approximately $7,048,446.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CAO Tonya L. Mater sold 4,287 shares of the stock in a transaction on Thursday, November 8th. The stock was sold at an average price of $70.13, for a total value of $300,647.31. Following the transaction, the chief accounting officer now directly owns 31,395 shares in the company, valued at approximately $2,201,731.35. The disclosure for this sale can be found here. Insiders sold a total of 17,112 shares of company stock worth $1,200,900 in the last ninety days. 1.36% of the stock is currently owned by corporate insiders.
Shares of EPR Properties stock opened at $70.71 on Friday. The firm has a market capitalization of $5.30 billion, a price-to-earnings ratio of 11.88, a price-to-earnings-growth ratio of 4.63 and a beta of 0.45. The company has a debt-to-equity ratio of 1.02, a quick ratio of 5.57 and a current ratio of 5.57. EPR Properties has a 52 week low of $51.87 and a 52 week high of $72.18.
EPR Properties (NYSE:EPR) last announced its quarterly earnings data on Monday, October 29th. The real estate investment trust reported $1.07 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.89 by $0.18. The company had revenue of $176.40 million for the quarter, compared to the consensus estimate of $157.09 million. EPR Properties had a return on equity of 9.62% and a net margin of 40.84%. EPR Properties’s quarterly revenue was up 16.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.22 EPS. On average, equities analysts expect that EPR Properties will post 6.07 EPS for the current fiscal year.
The firm also recently disclosed a nov 18 dividend, which will be paid on Monday, December 17th. Shareholders of record on Friday, November 30th will be given a $0.36 dividend. This represents a yield of 6.09%. The ex-dividend date is Thursday, November 29th. EPR Properties’s dividend payout ratio (DPR) is presently 86.06%.
Several analysts recently weighed in on EPR shares. Zacks Investment Research upgraded EPR Properties from a “hold” rating to a “buy” rating and set a $76.00 price target on the stock in a report on Wednesday, October 3rd. Royal Bank of Canada restated a “buy” rating and set a $73.00 price target on shares of EPR Properties in a report on Monday, November 26th. ValuEngine lowered EPR Properties from a “hold” rating to a “sell” rating in a report on Wednesday, September 19th. Bank of America upped their price objective on EPR Properties from $65.50 to $67.50 and gave the company a “neutral” rating in a research report on Monday, September 10th. Finally, Stifel Nicolaus upped their price objective on EPR Properties from $68.00 to $70.00 and gave the company a “hold” rating in a research report on Tuesday, September 18th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating to the stock. EPR Properties presently has a consensus rating of “Hold” and a consensus price target of $71.28.
EPR Properties Company Profile
EPR Properties is a specialty real estate investment trust (REIT) that invests in properties in select market segments which require unique industry knowledge, while offering the potential for stable and attractive returns. Our total investments exceed $6.7 billion and our primary investment segments are Entertainment, Recreation and Education.
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