EPR Properties (NYSE:EPR) Shares Acquired by New York State Common Retirement Fund

New York State Common Retirement Fund lifted its stake in EPR Properties (NYSE:EPR) by 12.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 235,999 shares of the real estate investment trust’s stock after purchasing an additional 25,345 shares during the quarter. New York State Common Retirement Fund owned about 0.31% of EPR Properties worth $10,450,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of EPR Properties by 304.7% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 457,621 shares of the real estate investment trust’s stock worth $22,442,000 after acquiring an additional 344,544 shares during the period. JPMorgan Chase & Co. boosted its holdings in EPR Properties by 35.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 673,117 shares of the real estate investment trust’s stock valued at $33,010,000 after purchasing an additional 177,061 shares during the last quarter. Raymond James & Associates grew its stake in shares of EPR Properties by 398.0% in the 3rd quarter. Raymond James & Associates now owns 154,198 shares of the real estate investment trust’s stock valued at $7,562,000 after buying an additional 123,233 shares during the period. Eagle Asset Management Inc. acquired a new stake in shares of EPR Properties during the 3rd quarter worth approximately $5,224,000. Finally, International Assets Investment Management LLC purchased a new stake in shares of EPR Properties during the 3rd quarter valued at approximately $3,285,000. Hedge funds and other institutional investors own 74.66% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on EPR shares. Royal Bank of Canada restated an “outperform” rating and issued a $50.00 target price on shares of EPR Properties in a research report on Thursday, January 30th. UBS Group initiated coverage on shares of EPR Properties in a research note on Thursday, November 14th. They set a “neutral” rating and a $48.00 target price for the company. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $47.94.

EPR Properties Trading Up 1.4 %

EPR opened at $50.14 on Tuesday. The company has a debt-to-equity ratio of 1.19, a current ratio of 7.81 and a quick ratio of 7.81. The stock has a market capitalization of $3.80 billion, a price-to-earnings ratio of 21.71 and a beta of 1.75. The business has a fifty day moving average price of $46.20 and a 200 day moving average price of $46.45. EPR Properties has a 12 month low of $39.65 and a 12 month high of $50.39.

EPR Properties Announces Dividend

The company also recently announced a feb 25 dividend, which will be paid on Monday, March 17th. Investors of record on Friday, February 28th will be issued a $0.285 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a yield of 7%. EPR Properties’s dividend payout ratio (DPR) is 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.