American International Group Inc. Lowers Stock Position in EPR Properties (NYSE:EPR)

American International Group Inc. lessened its holdings in EPR Properties (NYSE:EPR) by 4.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 101,743 shares of the real estate investment trust’s stock after selling 4,371 shares during the quarter. American International Group Inc. owned 0.14% of EPR Properties worth $4,929,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Vermillion & White Wealth Management Group LLC purchased a new stake in EPR Properties in the 4th quarter valued at approximately $25,000. Principal Securities Inc. purchased a new stake in shares of EPR Properties during the 4th quarter worth approximately $31,000. Venturi Wealth Management LLC boosted its stake in shares of EPR Properties by 59.5% during the 4th quarter. Venturi Wealth Management LLC now owns 823 shares of the real estate investment trust’s stock worth $40,000 after acquiring an additional 307 shares in the last quarter. Global Retirement Partners LLC boosted its stake in shares of EPR Properties by 37.8% during the 4th quarter. Global Retirement Partners LLC now owns 3,286 shares of the real estate investment trust’s stock worth $155,000 after acquiring an additional 901 shares in the last quarter. Finally, Signaturefd LLC boosted its stake in shares of EPR Properties by 10.9% during the 4th quarter. Signaturefd LLC now owns 3,939 shares of the real estate investment trust’s stock worth $191,000 after acquiring an additional 388 shares in the last quarter. Hedge funds and other institutional investors own 74.66% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Truist Financial decreased their price target on EPR Properties from $51.00 to $46.00 and set a “hold” rating on the stock in a research note on Friday, March 22nd. Royal Bank of Canada cut their price objective on EPR Properties from $49.00 to $48.00 and set a “sector perform” rating for the company in a research report on Tuesday, May 28th. StockNews.com downgraded EPR Properties from a “buy” rating to a “hold” rating in a research report on Wednesday, June 5th. Bank of America downgraded EPR Properties from a “neutral” rating to an “underperform” rating and cut their price objective for the stock from $45.00 to $40.00 in a research report on Monday, May 20th. Finally, JMP Securities restated a “market perform” rating on shares of EPR Properties in a research report on Friday, June 14th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $47.25.

EPR Properties Trading Down 0.5 %

Shares of EPR opened at $40.81 on Friday. The company has a market capitalization of $3.09 billion, a PE ratio of 20.10 and a beta of 1.68. The company has a debt-to-equity ratio of 1.15, a quick ratio of 8.45 and a current ratio of 8.45. The stock has a fifty day moving average of $41.06 and a two-hundred day moving average of $43.09. EPR Properties has a fifty-two week low of $39.65 and a fifty-two week high of $49.10.

EPR Properties Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, July 15th. Stockholders of record on Friday, June 28th will be issued a dividend of $0.285 per share. The ex-dividend date is Friday, June 28th. This represents a $3.42 dividend on an annualized basis and a dividend yield of 8.38%. EPR Properties’s payout ratio is 168.47%.

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.