Oregon Public Employees Retirement Fund Acquires New Position in EPR Properties (NYSE:EPR)

Oregon Public Employees Retirement Fund purchased a new stake in shares of EPR Properties (NYSE:EPR) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 25,187 shares of the real estate investment trust’s stock, valued at approximately $1,632,000.

Other institutional investors also recently bought and sold shares of the company. McKinley Carter Wealth Services Inc. purchased a new stake in shares of EPR Properties during the 1st quarter worth $120,000. Signaturefd LLC purchased a new stake in shares of EPR Properties during the 1st quarter worth $122,000. Sun Life Financial INC purchased a new stake in shares of EPR Properties during the 2nd quarter worth $204,000. World Asset Management Inc purchased a new stake in shares of EPR Properties during the 2nd quarter worth $215,000. Finally, TLP Group LLC purchased a new stake in shares of EPR Properties during the 1st quarter worth $226,000. Hedge funds and other institutional investors own 89.63% of the company’s stock.

Shares of EPR Properties stock opened at $68.18 on Tuesday. EPR Properties has a 52-week low of $51.87 and a 52-week high of $71.43. The company has a current ratio of 6.16, a quick ratio of 6.16 and a debt-to-equity ratio of 1.03. The stock has a market cap of $5.09 billion, a PE ratio of 13.63, a PEG ratio of 4.66 and a beta of 0.51.

EPR Properties (NYSE:EPR) last issued its quarterly earnings results on Monday, July 30th. The real estate investment trust reported $1.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.86 by ($0.71). EPR Properties had a return on equity of 8.63% and a net margin of 38.00%. The firm had revenue of $202.90 million for the quarter, compared to analyst estimates of $198.17 million. During the same quarter last year, the firm earned $1.29 earnings per share. The company’s revenue was up 37.3% compared to the same quarter last year. Equities analysts anticipate that EPR Properties will post 6.04 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Monday, October 15th. Stockholders of record on Friday, September 28th will be paid a dividend of $0.36 per share. The ex-dividend date is Thursday, September 27th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 2.11%. EPR Properties’s dividend payout ratio (DPR) is 86.06%.

In other EPR Properties news, SVP Michael L. Hirons sold 7,000 shares of the company’s stock in a transaction dated Friday, August 17th. The shares were sold at an average price of $69.97, for a total transaction of $489,790.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 1.36% of the company’s stock.

EPR has been the subject of a number of research reports. Stifel Nicolaus boosted their price target on shares of EPR Properties from $63.00 to $66.00 and gave the company a “hold” rating in a research report on Tuesday, June 19th. Bank of America boosted their price target on shares of EPR Properties from $62.25 to $65.00 and gave the company a “neutral” rating in a research report on Monday, July 16th. Raymond James initiated coverage on shares of EPR Properties in a research report on Friday, July 20th. They issued a “market perform” rating for the company. Citigroup boosted their price target on shares of EPR Properties from $60.00 to $65.00 and gave the company a “neutral” rating in a research report on Thursday, August 2nd. Finally, TheStreet raised shares of EPR Properties from a “c” rating to a “b” rating in a research report on Wednesday, August 1st. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and three have given a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $70.94.

EPR Properties Company Profile

EPR Properties is a specialty real estate investment trust (REIT) that invests in properties in select market segments which require unique industry knowledge, while offering the potential for stable and attractive returns. Our total investments exceed $6.7 billion and our primary investment segments are Entertainment, Recreation and Education.

Recommended Story: Stock Symbols and CUSIP Explained

Institutional Ownership by Quarter for EPR Properties (NYSE:EPR)

Receive News & Ratings for EPR Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EPR Properties and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply