Ontario Teachers Pension Plan Board Reduces Stock Position in EPR Properties (NYSE:EPR)

Ontario Teachers Pension Plan Board trimmed its position in EPR Properties (NYSE:EPR) by 90.1% in the 3rd quarter, HoldingsChannel reports. The firm owned 6,691 shares of the real estate investment trust’s stock after selling 60,912 shares during the quarter. Ontario Teachers Pension Plan Board’s holdings in EPR Properties were worth $328,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Abich Financial Wealth Management LLC increased its holdings in EPR Properties by 1,725.0% in the 3rd quarter. Abich Financial Wealth Management LLC now owns 511 shares of the real estate investment trust’s stock worth $25,000 after buying an additional 483 shares during the period. V Square Quantitative Management LLC purchased a new stake in shares of EPR Properties in the 3rd quarter valued at $27,000. GAMMA Investing LLC increased its stake in shares of EPR Properties by 262.2% in the second quarter. GAMMA Investing LLC now owns 594 shares of the real estate investment trust’s stock worth $25,000 after acquiring an additional 430 shares during the period. Blue Trust Inc. raised its holdings in shares of EPR Properties by 67.2% during the third quarter. Blue Trust Inc. now owns 709 shares of the real estate investment trust’s stock worth $35,000 after purchasing an additional 285 shares during the last quarter. Finally, EntryPoint Capital LLC acquired a new position in EPR Properties during the first quarter valued at $47,000. Institutional investors and hedge funds own 74.66% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have weighed in on EPR shares. Wells Fargo & Company reaffirmed an “underweight” rating and set a $47.00 price target (up from $45.00) on shares of EPR Properties in a research report on Tuesday, October 1st. StockNews.com cut EPR Properties from a “buy” rating to a “hold” rating in a research report on Thursday, August 1st. JPMorgan Chase & Co. upped their price objective on EPR Properties from $48.00 to $51.00 and gave the stock an “overweight” rating in a research report on Monday, September 9th. JMP Securities reaffirmed a “market perform” rating on shares of EPR Properties in a research note on Tuesday, September 24th. Finally, Royal Bank of Canada upgraded shares of EPR Properties from a “sector perform” rating to an “outperform” rating and boosted their target price for the company from $48.00 to $50.00 in a research note on Monday, August 5th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, EPR Properties presently has a consensus rating of “Hold” and a consensus target price of $48.28.

EPR Properties Price Performance

Shares of NYSE EPR opened at $45.00 on Friday. The company has a debt-to-equity ratio of 1.19, a quick ratio of 7.81 and a current ratio of 7.81. The firm has a fifty day moving average of $47.16 and a 200 day moving average of $44.65. The firm has a market cap of $3.41 billion, a PE ratio of 19.40 and a beta of 1.76. EPR Properties has a one year low of $39.65 and a one year high of $50.26.

EPR Properties Announces Dividend

The business also recently announced a nov 24 dividend, which will be paid on Monday, December 16th. Stockholders of record on Friday, November 29th will be paid a dividend of $0.285 per share. The ex-dividend date of this dividend is Friday, November 29th. This represents a dividend yield of 7.8%. EPR Properties’s dividend payout ratio is currently 148.05%.

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.