Caprock Group LLC Invests $1.13 Million in EPR Properties $EPR

Caprock Group LLC acquired a new position in shares of EPR Properties (NYSE:EPR) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 20,692 shares of the real estate investment trust’s stock, valued at approximately $1,129,000.

Other institutional investors have also bought and sold shares of the company. State Street Corp increased its position in shares of EPR Properties by 1.7% in the second quarter. State Street Corp now owns 4,009,669 shares of the real estate investment trust’s stock worth $234,760,000 after purchasing an additional 66,562 shares during the last quarter. Prudential Financial Inc. lifted its stake in shares of EPR Properties by 42.0% during the 2nd quarter. Prudential Financial Inc. now owns 1,870,499 shares of the real estate investment trust’s stock worth $108,975,000 after purchasing an additional 553,209 shares during the last quarter. AQR Capital Management LLC raised its holdings in EPR Properties by 29.2% in the 2nd 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 during the period. LSV Asset Management raised its position in shares of EPR Properties by 2.8% during the 2nd quarter. LSV Asset Management now owns 1,293,458 shares of the real estate investment trust’s stock worth $75,357,000 after purchasing an additional 35,792 shares during the last quarter. Finally, American Century Companies Inc. raised its position in shares of EPR Properties by 12.6% in the second quarter. American Century Companies Inc. now owns 1,229,799 shares of the real estate investment trust’s stock valued at $71,648,000 after buying an additional 137,767 shares during the last quarter. Hedge funds and other institutional investors own 74.66% of the company’s stock.

Insider Activity

In other EPR Properties news, EVP Gregory E. Zimmerman sold 7,500 shares of the company’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $53.89, for a total transaction of $404,175.00. Following the transaction, the executive vice president owned 66,294 shares of the company’s stock, valued at approximately $3,572,583.66. This represents a 10.16% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 2.31% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of EPR Properties in a research report on Monday, December 29th. JPMorgan Chase & Co. cut their target price on shares of EPR Properties from $65.00 to $58.00 and set an “overweight” rating for the company in a research note on Tuesday, December 2nd. Wall Street Zen downgraded shares of EPR Properties from a “buy” rating to a “hold” rating in a report on Saturday, November 1st. Royal Bank Of Canada restated a “sector perform” rating and set a $58.00 price objective on shares of EPR Properties in a report on Friday, January 30th. Finally, Wells Fargo & Company decreased their price target on shares of EPR Properties from $56.00 to $54.00 and set an “equal weight” rating on the stock in a report on Tuesday, November 25th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $58.36.

EPR Properties Stock Up 2.1%

NYSE EPR opened at $58.51 on Friday. EPR Properties has a twelve month low of $41.75 and a twelve month high of $61.24. The stock has a market cap of $4.46 billion, a PE ratio of 25.55, a PEG ratio of 3.46 and a beta of 0.99. The firm has a 50-day simple moving average of $52.76 and a 200 day simple moving average of $53.46. The company has a debt-to-equity ratio of 1.19, a quick ratio of 7.21 and a current ratio of 7.21.

EPR Properties Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 16th. Shareholders of record on Friday, February 27th will be paid a $0.295 dividend. The ex-dividend date of this dividend is Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 6.1%. EPR Properties’s payout ratio is currently 154.59%.

About EPR Properties

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.