EPR Properties $EPR Stock Sold by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al decreased its holdings in shares of EPR Properties (NYSE:EPR) by 40.2% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 48,832 shares of the real estate investment trust’s stock after selling 32,801 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in EPR Properties were worth $2,741,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. First Bancorp Inc ME acquired a new position in EPR Properties during the second quarter valued at approximately $27,000. Pension & Wealth Management Advisors Inc. bought a new stake in shares of EPR Properties in the third quarter worth about $37,000. Elevation Wealth Partners LLC increased its position in shares of EPR Properties by 753.2% during the second quarter. Elevation Wealth Partners LLC now owns 657 shares of the real estate investment trust’s stock worth $38,000 after acquiring an additional 580 shares in the last quarter. Sunbelt Securities Inc. increased its position in shares of EPR Properties by 2,557.5% during the first quarter. Sunbelt Securities Inc. now owns 1,063 shares of the real estate investment trust’s stock worth $53,000 after acquiring an additional 1,023 shares in the last quarter. Finally, CX Institutional increased its position in shares of EPR Properties by 5,555.6% during the third quarter. CX Institutional now owns 1,018 shares of the real estate investment trust’s stock worth $57,000 after acquiring an additional 1,000 shares in the last quarter. Institutional investors and hedge funds own 74.66% of the company’s stock.

Analyst Upgrades and Downgrades

EPR has been the subject of a number of analyst reports. Wells Fargo & Company decreased their target price on shares of EPR Properties from $61.00 to $56.00 and set an “equal weight” rating for the company in a research report on Monday, October 19th. Citigroup decreased their price objective on shares of EPR Properties from $65.00 to $63.00 and set a “neutral” rating for the company in a research report on Monday. Huntington assumed coverage on EPR Properties in a research note on Wednesday, July 15th. They set an “outperform” rating and a $65.00 target price for the company. Stifel Nicolaus decreased their price target on shares of EPR Properties from $70.50 to $67.50 and set a “buy” rating on the stock in a research note on Thursday, October 29th. Finally, Royal Bank Of Canada increased their price objective on EPR Properties from $61.00 to $64.00 and gave the stock a “sector perform” rating in a research report on Friday, August 7th. Eight equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, EPR Properties presently has an average rating of “Moderate Buy” and a consensus price target of $65.14.

EPR Properties Stock Up 3.4%

EPR Properties stock opened at $59.68 on Tuesday. EPR Properties has a twelve month low of $48.10 and a twelve month high of $64.97. The firm has a 50 day moving average price of $57.25 and a 200-day moving average price of $57.39. The company has a market capitalization of $4.57 billion, a P/E ratio of 10.15, a P/E/G ratio of 2.15 and a beta of 1.03. The company has a quick ratio of 9.51, a current ratio of 9.51 and a debt-to-equity ratio of 1.43.

EPR Properties (NYSE:EPR) last issued its earnings results on Wednesday, October 28th. The real estate investment trust reported $1.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.83 by $0.39. EPR Properties had a net margin of 38.83% and a return on equity of 12.80%. The business had revenue of $204.10 million for the quarter, compared to analysts’ expectations of $169.74 million. During the same quarter in the previous year, the firm posted $1.37 EPS. The business’s revenue for the quarter was up 12.0% compared to the same quarter last year. As a group, equities analysts predict that EPR Properties will post 5.38 EPS for the current year.

EPR Properties Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Monday, November 30th will be issued a dividend of $0.31 per share. The ex-dividend date of this dividend is Monday, November 30th. This represents a $3.72 annualized dividend and a dividend yield of 6.2%. EPR Properties’s payout ratio is presently 105.08%.

Insider Buying and Selling at EPR Properties

In other news, SVP Elizabeth Grace sold 4,200 shares of the stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $60.57, for a total value of $254,394.00. Following the transaction, the senior vice president owned 22,427 shares of the company’s stock, valued at $1,358,403.39. This represents a 15.77% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.03% of the company’s stock.

EPR Properties Profile

EPR Properties (NYSE:EPR) is a specialty real estate investment trust that owns and leases experiential real estate. The company focuses on properties designed for entertainment, recreation and leisure activities, including movie theaters, ski resorts, waterparks, attractions, fitness and wellness facilities, and other destination-based venues.

EPR generally leases its properties to operators under long-term, often triple-net lease agreements, under which tenants are typically responsible for property-level operating expenses, maintenance, taxes and insurance.