EPR Properties (NYSE:EPR) Shares Purchased by Pacer Advisors Inc.

Pacer Advisors Inc. raised its stake in EPR Properties (NYSE:EPR) by 77.4% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 19,912 shares of the real estate investment trust’s stock after purchasing an additional 8,688 shares during the quarter. Pacer Advisors Inc.’s holdings in EPR Properties were worth $836,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vermillion & White Wealth Management Group LLC acquired a new position in shares of EPR Properties in the 4th quarter valued at about $25,000. GAMMA Investing LLC lifted its position in EPR Properties by 262.2% during the second quarter. GAMMA Investing LLC now owns 594 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 430 shares in the last quarter. Mather Group LLC. purchased a new stake in EPR Properties during the first quarter worth approximately $36,000. Abich Financial Wealth Management LLC increased its position in shares of EPR Properties by 53.7% in the first quarter. Abich Financial Wealth Management LLC now owns 902 shares of the real estate investment trust’s stock worth $38,000 after acquiring an additional 315 shares in the last quarter. Finally, EntryPoint Capital LLC purchased a new position in shares of EPR Properties in the 1st quarter valued at $47,000. Institutional investors and hedge funds own 74.66% of the company’s stock.

Insider Buying and Selling

In other news, CAO Tonya L. Mater sold 1,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 21st. The stock was sold at an average price of $46.00, for a total transaction of $46,000.00. Following the completion of the transaction, the chief accounting officer now directly owns 42,710 shares of the company’s stock, valued at $1,964,660. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, CAO Tonya L. Mater sold 1,000 shares of the business’s stock in a transaction on Wednesday, August 21st. The shares were sold at an average price of $46.00, for a total transaction of $46,000.00. Following the completion of the transaction, the chief accounting officer now owns 42,710 shares of the company’s stock, valued at $1,964,660. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, SVP Gwendolyn Mary Johnson sold 592 shares of the stock in a transaction dated Monday, August 5th. The stock was sold at an average price of $43.82, for a total transaction of $25,941.44. Following the completion of the sale, the senior vice president now directly owns 5,780 shares in the company, valued at approximately $253,279.60. The disclosure for this sale can be found here. 2.13% of the stock is owned by company insiders.

EPR Properties Stock Performance

Shares of EPR opened at $48.55 on Friday. The company has a debt-to-equity ratio of 1.16, a current ratio of 11.12 and a quick ratio of 11.12. EPR Properties has a 12-month low of $39.65 and a 12-month high of $50.26. The business’s fifty day moving average price is $46.48 and its 200 day moving average price is $43.20. The stock has a market capitalization of $3.67 billion, a PE ratio of 23.92 and a beta of 1.75.

EPR Properties Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, October 15th. Investors of record on Monday, September 30th will be given a dividend of $0.285 per share. This represents a $3.42 dividend on an annualized basis and a dividend yield of 7.04%. The ex-dividend date is Monday, September 30th. EPR Properties’s dividend payout ratio is presently 168.47%.

Analyst Upgrades and Downgrades

EPR has been the topic of several research reports. Stifel Nicolaus raised their price objective on EPR Properties from $42.50 to $47.50 and gave the company a “hold” rating in a research report on Thursday, August 1st. Royal Bank of Canada upgraded EPR Properties from a “sector perform” rating to an “outperform” rating and upped their price target for the stock from $48.00 to $50.00 in a report on Monday, August 5th. StockNews.com cut shares of EPR Properties from a “buy” rating to a “hold” rating in a research report on Thursday, August 1st. JPMorgan Chase & Co. raised their price target on shares of EPR Properties from $48.00 to $51.00 and gave the company an “overweight” rating in a report on Monday, September 9th. Finally, Wells Fargo & Company boosted their price objective on shares of EPR Properties from $42.00 to $45.00 and gave the stock an “underweight” rating in a report on Monday, August 26th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, EPR Properties presently has a consensus rating of “Hold” and an average price target of $48.06.

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.