State of Alaska Department of Revenue lifted its position in shares of EPR Properties (NYSE:EPR) by 14.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,590 shares of the real estate investment trust’s stock after acquiring an additional 4,999 shares during the quarter. State of Alaska Department of Revenue owned 0.05% of EPR Properties worth $2,876,000 at the end of the most recent quarter.
Several other large investors have also recently made changes to their positions in EPR. Advisory Services Network LLC boosted its stake in shares of EPR Properties by 92.6% during the 1st quarter. Advisory Services Network LLC now owns 339 shares of the real estate investment trust’s stock worth $26,000 after acquiring an additional 163 shares in the last quarter. First Interstate Bank purchased a new stake in shares of EPR Properties during the 1st quarter worth approximately $33,000. Princeton Global Asset Management LLC purchased a new stake in shares of EPR Properties during the 1st quarter worth approximately $38,000. Icon Wealth Partners LLC purchased a new stake in shares of EPR Properties during the 1st quarter worth approximately $78,000. Finally, AlphaMark Advisors LLC purchased a new stake in shares of EPR Properties during the 1st quarter worth approximately $92,000. 84.13% of the stock is currently owned by institutional investors and hedge funds.
Shares of EPR Properties stock traded up $0.17 during trading on Friday, hitting $74.41. 283,196 shares of the company were exchanged, compared to its average volume of 346,068. The company has a debt-to-equity ratio of 1.05, a current ratio of 5.61 and a quick ratio of 5.61. EPR Properties has a fifty-two week low of $62.75 and a fifty-two week high of $80.75. The stock has a market cap of $5.69 billion, a PE ratio of 12.20, a price-to-earnings-growth ratio of 4.33 and a beta of 0.57. The stock has a 50 day moving average of $75.77.
The firm also recently declared a jul 19 dividend, which will be paid on Thursday, August 15th. Shareholders of record on Wednesday, July 31st will be issued a $0.375 dividend. The ex-dividend date of this dividend is Tuesday, July 30th. EPR Properties’s dividend payout ratio (DPR) is presently 73.77%.
Several brokerages recently issued reports on EPR. Royal Bank of Canada lifted their price objective on EPR Properties to $83.00 in a research report on Tuesday, May 28th. Stifel Nicolaus lifted their price objective on EPR Properties from $76.00 to $80.00 and gave the stock a “hold” rating in a research report on Tuesday, April 30th. Bank of America downgraded EPR Properties from a “neutral” rating to an “underperform” rating and set a $80.00 price objective for the company. in a research report on Tuesday, June 11th. ValuEngine downgraded EPR Properties from a “buy” rating to a “hold” rating in a research report on Thursday. Finally, Raymond James set a $84.00 price objective on EPR Properties and gave the stock a “buy” rating in a research report on Thursday, May 2nd. Two analysts have rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the company. EPR Properties has a consensus rating of “Hold” and an average price target of $78.83.
In other EPR Properties news, Director Robin Peppe Sterneck sold 1,881 shares of the business’s stock in a transaction on Monday, June 17th. The stock was sold at an average price of $78.20, for a total value of $147,094.20. Following the completion of the transaction, the director now directly owns 1,882 shares in the company, valued at approximately $147,172.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Craig L. Evans sold 5,000 shares of the business’s stock in a transaction on Monday, May 20th. The shares were sold at an average price of $76.57, for a total value of $382,850.00. The disclosure for this sale can be found here. Insiders sold a total of 10,459 shares of company stock valued at $811,760 over the last quarter. 1.34% of the stock is currently owned by insiders.
About EPR Properties
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.
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