RDA Financial Network Lowers Stake in EPR Properties (NYSE:EPR)

RDA Financial Network lowered its position in shares of EPR Properties (NYSE:EPR) by 1.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,954 shares of the real estate investment trust’s stock after selling 271 shares during the period. RDA Financial Network’s holdings in EPR Properties were worth $684,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in EPR. Creative Planning raised its holdings in shares of EPR Properties by 37.9% during the 3rd quarter. Creative Planning now owns 22,552 shares of the real estate investment trust’s stock valued at $1,106,000 after buying an additional 6,199 shares in the last quarter. Pensionfund Sabic raised its stake in shares of EPR Properties by 9.4% during the third quarter. Pensionfund Sabic now owns 17,500 shares of the real estate investment trust’s stock worth $858,000 after acquiring an additional 1,500 shares in the last quarter. Pensionfund DSM Netherlands lifted its holdings in shares of EPR Properties by 13.3% in the 3rd quarter. Pensionfund DSM Netherlands now owns 38,462 shares of the real estate investment trust’s stock worth $1,886,000 after acquiring an additional 4,500 shares during the last quarter. CWM LLC boosted its stake in shares of EPR Properties by 49.6% in the 3rd quarter. CWM LLC now owns 7,683 shares of the real estate investment trust’s stock valued at $377,000 after purchasing an additional 2,547 shares in the last quarter. Finally, GAMMA Investing LLC boosted its stake in shares of EPR Properties by 38.9% in the 3rd quarter. GAMMA Investing LLC now owns 825 shares of the real estate investment trust’s stock valued at $40,000 after purchasing an additional 231 shares in the last quarter. Institutional investors own 74.66% of the company’s stock.

Insider Activity at EPR Properties

In other EPR Properties news, SVP Gwendolyn Mary Johnson sold 592 shares of the firm’s stock in a transaction that occurred on Monday, August 5th. The shares were sold at an average price of $43.82, for a total transaction of $25,941.44. Following the completion of the transaction, the senior vice president now owns 5,780 shares of the company’s stock, valued at approximately $253,279.60. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, SVP Gwendolyn Mary Johnson sold 592 shares of EPR Properties stock in a transaction dated Monday, August 5th. The stock was sold at an average price of $43.82, for a total value of $25,941.44. Following the completion of the transaction, the senior vice president now owns 5,780 shares of the company’s stock, valued at $253,279.60. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Tonya L. Mater sold 1,000 shares of the company’s stock in a transaction dated Wednesday, August 21st. The stock was sold at an average price of $46.00, for a total transaction of $46,000.00. Following the completion of the transaction, the chief accounting officer now owns 42,710 shares in the company, valued at approximately $1,964,660. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. 2.13% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on EPR. JPMorgan Chase & Co. raised their price objective on EPR Properties from $48.00 to $51.00 and gave the company an “overweight” rating in a research note on Monday, September 9th. Stifel Nicolaus raised their price target on EPR Properties from $42.50 to $47.50 and gave the stock a “hold” rating in a research report on Thursday, August 1st. Royal Bank of Canada upgraded EPR Properties from a “sector perform” rating to an “outperform” rating and boosted their price objective for the company from $48.00 to $50.00 in a research report on Monday, August 5th. Raymond James upgraded shares of EPR Properties from an “outperform” rating to a “strong-buy” rating and set a $54.00 target price on the stock in a report on Wednesday, August 21st. Finally, JMP Securities reiterated a “market perform” rating on shares of EPR Properties in a report on Tuesday, September 24th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $48.28.

EPR Properties Stock Up 1.0 %

Shares of NYSE EPR traded up $0.49 during mid-day trading on Tuesday, hitting $49.28. 290,908 shares of the stock traded hands, compared to its average volume of 597,928. The company has a market cap of $3.73 billion, a price-to-earnings ratio of 24.34 and a beta of 1.75. The stock has a fifty day moving average price of $47.17 and a 200-day moving average price of $43.70. EPR Properties has a 52 week low of $39.65 and a 52 week high of $50.26. The company has a debt-to-equity ratio of 1.16, a quick ratio of 11.12 and a current ratio of 11.12.

EPR Properties Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, October 15th. Investors of record on Monday, September 30th will be paid a $0.285 dividend. The ex-dividend date is Monday, September 30th. This represents a $3.42 annualized dividend and a dividend yield of 6.94%. EPR Properties’s payout ratio is 168.47%.

EPR Properties Company Profile

EPR Properties (NYSE:EPR) is the leading diversified experiential net lease real estate investment trust (REIT), specializing in select enduring experiential properties in the real estate industry. We focus on real estate venues that create value by facilitating out of home leisure and recreation experiences where consumers choose to spend their discretionary time and money.