Mirae Asset Global Investments Co. Ltd. Sells 1,901 Shares of EPR Properties (NYSE:EPR)

Mirae Asset Global Investments Co. Ltd. lessened its stake in EPR Properties (NYSE:EPR) by 47.4% in the fourth quarter, HoldingsChannel reports. The firm owned 2,113 shares of the real estate investment trust’s stock after selling 1,901 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in EPR Properties were worth $93,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Abich Financial Wealth Management LLC grew its position in shares of EPR Properties by 1,725.0% during the 3rd quarter. Abich Financial Wealth Management LLC now owns 511 shares of the real estate investment trust’s stock worth $25,000 after buying an additional 483 shares during the period. V Square Quantitative Management LLC acquired a new position in EPR Properties during the third quarter valued at approximately $27,000. Brooklyn Investment Group acquired a new position in EPR Properties during the third quarter valued at approximately $27,000. Blue Trust Inc. increased its stake in EPR Properties by 67.2% in the third quarter. Blue Trust Inc. now owns 709 shares of the real estate investment trust’s stock valued at $35,000 after purchasing an additional 285 shares in the last quarter. Finally, GAMMA Investing LLC raised its holdings in EPR Properties by 38.9% in the third quarter. GAMMA Investing LLC now owns 825 shares of the real estate investment trust’s stock worth $40,000 after purchasing an additional 231 shares during the period. Institutional investors and hedge funds own 74.66% of the company’s stock.

EPR Properties Stock Performance

Shares of EPR Properties stock opened at $48.28 on Friday. The company has a debt-to-equity ratio of 1.19, a current ratio of 7.81 and a quick ratio of 7.81. The firm has a market cap of $3.66 billion, a price-to-earnings ratio of 20.90 and a beta of 1.75. The stock’s 50-day moving average is $45.62 and its 200-day moving average is $46.21. EPR Properties has a one year low of $39.65 and a one year high of $50.26.

EPR Properties Dividend Announcement

The company also recently declared a feb 25 dividend, which will be paid on Monday, March 17th. Shareholders of record on Friday, February 28th will be given a dividend of $0.285 per share. EPR Properties’s dividend payout ratio (DPR) is currently 148.05%.

Analysts Set New Price Targets

A number of research firms recently commented on EPR. Royal Bank of Canada restated an “outperform” rating and issued a $50.00 price objective on shares of EPR Properties in a research report on Thursday, January 30th. UBS Group started coverage on EPR Properties in a report on Thursday, November 14th. They issued a “neutral” rating and a $48.00 price target for the company. Two investment analysts have rated the stock with a sell rating, five have given a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, EPR Properties presently has an average rating of “Hold” and a consensus target price of $47.94.

EPR Properties 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.