SunTrust Banks Initiates Coverage on EPR Properties (EPR)

Research analysts at SunTrust Banks began coverage on shares of EPR Properties (NYSE:EPR) in a note issued to investors on Tuesday, MarketBeat Ratings reports. The brokerage set a “hold” rating and a $69.00 price target on the real estate investment trust’s stock. SunTrust Banks’ target price points to a potential upside of 5.71% from the company’s current price.

EPR has been the topic of a number of other reports. B. Riley reiterated a “hold” rating and set a $80.00 target price on shares of EPR Properties in a research report on Thursday, November 9th. KeyCorp reiterated a “buy” rating and set a $80.00 target price on shares of EPR Properties in a research report on Tuesday, September 26th. Zacks Investment Research downgraded EPR Properties from a “buy” rating to a “hold” rating in a research report on Friday, November 10th. BidaskClub upgraded EPR Properties from a “sell” rating to a “hold” rating in a research report on Saturday, August 26th. Finally, Ladenburg Thalmann Financial Services upgraded EPR Properties from a “neutral” rating to a “buy” rating and set a $76.00 target price on the stock in a research report on Monday, September 11th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $77.17.

Shares of EPR Properties (EPR) traded down $2.20 during mid-day trading on Tuesday, reaching $65.27. The company had a trading volume of 656,021 shares, compared to its average volume of 443,603. EPR Properties has a 52-week low of $65.22 and a 52-week high of $77.70. The firm has a market capitalization of $4,951.94, a price-to-earnings ratio of 13.58 and a beta of 0.57. The company has a debt-to-equity ratio of 1.03, a current ratio of 7.88 and a quick ratio of 7.88.

In related news, VP Tonya L. Mater sold 2,100 shares of the stock in a transaction dated Monday, December 4th. The stock was sold at an average price of $68.09, for a total transaction of $142,989.00. Following the transaction, the vice president now directly owns 28,929 shares in the company, valued at $1,969,775.61. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Michael L. Hirons sold 9,359 shares of the stock in a transaction dated Monday, December 18th. The stock was sold at an average price of $67.54, for a total value of $632,106.86. The disclosure for this sale can be found here. 1.50% of the stock is owned by corporate insiders.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in EPR. California Public Employees Retirement System increased its stake in EPR Properties by 2.0% during the third quarter. California Public Employees Retirement System now owns 172,170 shares of the real estate investment trust’s stock worth $12,007,000 after acquiring an additional 3,344 shares during the last quarter. Janney Montgomery Scott LLC increased its stake in EPR Properties by 23.1% during the third quarter. Janney Montgomery Scott LLC now owns 11,594 shares of the real estate investment trust’s stock worth $809,000 after acquiring an additional 2,178 shares during the last quarter. Vident Investment Advisory LLC acquired a new stake in EPR Properties during the third quarter worth about $249,000. Cornerstone Capital Management Holdings LLC. increased its stake in EPR Properties by 17.2% during the third quarter. Cornerstone Capital Management Holdings LLC. now owns 35,818 shares of the real estate investment trust’s stock worth $2,497,000 after acquiring an additional 5,255 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. acquired a new stake in EPR Properties during the third quarter worth about $440,000. Hedge funds and other institutional investors own 88.46% of the company’s stock.

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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.

Analyst Recommendations for EPR Properties (NYSE:EPR)