Brokerages Set EPR Properties (NYSE:EPR) PT at $48.31

Shares of EPR Properties (NYSE:EPR) have earned an average rating of “Hold” from the nine ratings firms that are currently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, three have given a hold recommendation, three have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $48.31.

Several brokerages recently issued reports on EPR. JMP Securities reiterated a “market perform” rating on shares of EPR Properties in a research report on Tuesday, September 24th. Wells Fargo & Company reaffirmed an “underweight” rating and issued a $47.00 price objective (up from $45.00) on shares of EPR Properties in a research report on Tuesday, October 1st. Royal Bank of Canada upgraded EPR Properties from a “sector perform” rating to an “outperform” rating and increased their target price for the stock from $48.00 to $50.00 in a report on Monday, August 5th. StockNews.com lowered EPR Properties from a “buy” rating to a “hold” rating in a research report on Thursday, August 1st. Finally, Raymond James raised EPR Properties from an “outperform” rating to a “strong-buy” rating and set a $54.00 price target for the company in a report on Wednesday, August 21st.

EPR Properties Stock Performance

EPR stock opened at $44.98 on Monday. EPR Properties has a 1-year low of $39.65 and a 1-year high of $50.26. The business’s 50-day moving average price is $47.60 and its two-hundred day moving average price is $44.54. The firm has a market cap of $3.41 billion, a PE ratio of 19.45 and a beta of 1.76. The company has a current ratio of 7.81, a quick ratio of 7.81 and a debt-to-equity ratio of 1.19.

EPR Properties Dividend Announcement

The firm also recently announced a oct 24 dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st will be given a $0.285 dividend. The ex-dividend date of this dividend is Thursday, October 31st. This represents a dividend yield of 6.9%. EPR Properties’s payout ratio is presently 148.05%.

Insider Buying and Selling

In other EPR Properties news, CAO Tonya L. Mater sold 1,000 shares of the business’s stock in a transaction dated Wednesday, August 21st. The shares were sold at an average price of $46.00, for a total value of $46,000.00. Following the completion of the sale, the chief accounting officer now owns 42,710 shares of the company’s stock, valued at $1,964,660. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 2.13% of the stock is owned by insiders.

Institutional Trading of EPR Properties

A number of institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. raised its stake in EPR Properties by 1.0% in the first quarter. Vanguard Group Inc. now owns 11,366,416 shares of the real estate investment trust’s stock valued at $482,504,000 after purchasing an additional 109,144 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in EPR Properties by 4.2% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,349,900 shares of the real estate investment trust’s stock valued at $66,199,000 after buying an additional 54,567 shares during the period. Renaissance Technologies LLC raised its position in shares of EPR Properties by 23.3% in the 2nd quarter. Renaissance Technologies LLC now owns 1,177,586 shares of the real estate investment trust’s stock valued at $49,435,000 after buying an additional 222,800 shares in the last quarter. LSV Asset Management lifted its holdings in shares of EPR Properties by 0.5% during the 2nd quarter. LSV Asset Management now owns 1,139,494 shares of the real estate investment trust’s stock worth $47,836,000 after acquiring an additional 5,140 shares during the period. Finally, Dimensional Fund Advisors LP boosted its position in shares of EPR Properties by 5.1% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,106,593 shares of the real estate investment trust’s stock worth $46,454,000 after acquiring an additional 53,997 shares in the last quarter. 74.66% of the stock is currently owned by institutional investors.

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.