EPR Properties (NYSE:EPR) Receives Outperform Rating from Royal Bank of Canada

Royal Bank of Canada restated their outperform rating on shares of EPR Properties (NYSE:EPR) in a research note published on Thursday,Benzinga reports. They currently have a $50.00 price target on the real estate investment trust’s stock.

Separately, UBS Group initiated coverage on shares of EPR Properties in a report on Thursday, November 14th. They set a “neutral” rating and a $48.00 price objective for the company. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $47.94.

EPR Properties Stock Performance

EPR Properties stock opened at $46.12 on Thursday. The company has a current ratio of 7.81, a quick ratio of 7.81 and a debt-to-equity ratio of 1.19. The stock has a 50 day moving average of $45.23 and a 200-day moving average of $46.04. The stock has a market cap of $3.49 billion, a P/E ratio of 19.96 and a beta of 1.75. EPR Properties has a 52 week low of $39.65 and a 52 week high of $50.26.

EPR Properties Announces Dividend

The firm also recently declared a jan 25 dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Friday, January 31st will be given a $0.285 dividend. The ex-dividend date is Friday, January 31st. This represents a dividend yield of 7.5%. EPR Properties’s payout ratio is currently 148.05%.

Institutional Investors Weigh In On EPR Properties

Institutional investors and hedge funds have recently bought and sold shares of the business. Global Retirement Partners LLC grew its holdings in shares of EPR Properties by 5.9% during the fourth quarter. Global Retirement Partners LLC now owns 4,117 shares of the real estate investment trust’s stock valued at $182,000 after purchasing an additional 228 shares during the last quarter. New York State Common Retirement Fund grew its stake in EPR Properties by 12.0% during the 4th quarter. New York State Common Retirement Fund now owns 235,999 shares of the real estate investment trust’s stock worth $10,450,000 after buying an additional 25,345 shares during the last quarter. Kestra Investment Management LLC bought a new position in EPR Properties during the 4th quarter worth $603,000. Venturi Wealth Management LLC increased its position in EPR Properties by 43.6% in the fourth quarter. Venturi Wealth Management LLC now owns 2,117 shares of the real estate investment trust’s stock worth $94,000 after buying an additional 643 shares during the period. Finally, Sanctuary Advisors LLC lifted its stake in EPR Properties by 59.9% in the fourth quarter. Sanctuary Advisors LLC now owns 23,933 shares of the real estate investment trust’s stock valued at $1,117,000 after buying an additional 8,962 shares during the last quarter. Institutional investors and hedge funds own 74.66% of the company’s stock.

About EPR Properties

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.