EPR Properties $EPR Holdings Raised by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans increased its stake in EPR Properties (NYSE:EPR) by 16.8% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 191,997 shares of the real estate investment trust’s stock after buying an additional 27,560 shares during the quarter. Thrivent Financial for Lutherans’ holdings in EPR Properties were worth $11,138,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Norges Bank bought a new stake in shares of EPR Properties during the 2nd quarter worth about $55,093,000. Prudential Financial Inc. increased its stake in shares of EPR Properties by 42.0% during the second quarter. Prudential Financial Inc. now owns 1,870,499 shares of the real estate investment trust’s stock valued at $108,975,000 after acquiring an additional 553,209 shares during the period. AQR Capital Management LLC raised its holdings in EPR Properties by 29.2% during the second quarter. AQR Capital Management LLC now owns 1,544,905 shares of the real estate investment trust’s stock worth $88,693,000 after purchasing an additional 348,908 shares in the last quarter. Quantinno Capital Management LP lifted its position in EPR Properties by 68.1% in the second quarter. Quantinno Capital Management LP now owns 611,508 shares of the real estate investment trust’s stock worth $35,626,000 after purchasing an additional 247,750 shares during the period. Finally, Allspring Global Investments Holdings LLC bought a new position in EPR Properties during the 3rd quarter valued at $11,666,000. Institutional investors own 74.66% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on EPR shares. Truist Financial boosted their price objective on EPR Properties from $55.00 to $57.00 and gave the stock a “hold” rating in a research note on Tuesday, November 18th. Weiss Ratings reiterated a “buy (b-)” rating on shares of EPR Properties in a research report on Monday, December 29th. Wells Fargo & Company cut their price target on shares of EPR Properties from $56.00 to $54.00 and set an “equal weight” rating for the company in a report on Tuesday, November 25th. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $58.00 price objective on shares of EPR Properties in a research note on Friday, January 30th. Finally, JPMorgan Chase & Co. dropped their target price on shares of EPR Properties from $65.00 to $58.00 and set an “overweight” rating on the stock in a report on Tuesday, December 2nd. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $58.36.

Insider Buying and Selling

In other EPR Properties news, EVP Gregory E. Zimmerman sold 7,500 shares of EPR Properties stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $53.89, for a total transaction of $404,175.00. Following the transaction, the executive vice president directly owned 66,294 shares in the company, valued at approximately $3,572,583.66. The trade was a 10.16% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 2.31% of the company’s stock.

EPR Properties Price Performance

NYSE EPR opened at $56.04 on Thursday. The company has a current ratio of 7.21, a quick ratio of 7.21 and a debt-to-equity ratio of 1.19. EPR Properties has a 1 year low of $41.75 and a 1 year high of $61.24. The company has a market cap of $4.27 billion, a PE ratio of 24.47, a PEG ratio of 3.28 and a beta of 0.99. The stock’s 50-day moving average price is $52.08 and its two-hundred day moving average price is $53.49.

EPR Properties Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, February 17th. Investors of record on Friday, January 30th will be given a $0.295 dividend. This represents a c) annualized dividend and a dividend yield of 6.3%. The ex-dividend date is Friday, January 30th. EPR Properties’s dividend payout ratio is 154.59%.

EPR Properties Company Profile

EPR Properties is a real estate investment trust that specializes in experiential properties across the United States, Canada and select international markets. Established in 1997 and headquartered in Kansas City, Missouri, the company targets properties in the entertainment, recreation and education sectors. Its portfolio includes movie theaters, ski resorts, family entertainment centers, charter schools and other venues that benefit from consumer-driven experiences.

The trust employs long-term, triple-net lease agreements, where tenants are responsible for real estate taxes, insurance and maintenance.