EPR Properties (NYSE:EPR) Shares Purchased by QRG Capital Management Inc.

QRG Capital Management Inc. raised its position in EPR Properties (NYSE:EPR) by 3.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 77,985 shares of the real estate investment trust’s stock after purchasing an additional 2,372 shares during the quarter. QRG Capital Management Inc. owned about 0.10% of EPR Properties worth $3,453,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in EPR. Blue Trust Inc. grew its holdings in EPR Properties by 67.2% in the 3rd quarter. Blue Trust Inc. now owns 709 shares of the real estate investment trust’s stock worth $35,000 after buying an additional 285 shares in the last quarter. Private Advisor Group LLC grew its stake in shares of EPR Properties by 2.2% in the third quarter. Private Advisor Group LLC now owns 16,297 shares of the real estate investment trust’s stock worth $799,000 after purchasing an additional 350 shares in the last quarter. International Assets Investment Management LLC acquired a new position in shares of EPR Properties during the third quarter valued at $3,285,000. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of EPR Properties by 21.0% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,014 shares of the real estate investment trust’s stock valued at $195,000 after purchasing an additional 697 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in EPR Properties by 12.7% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 14,821 shares of the real estate investment trust’s stock worth $727,000 after purchasing an additional 1,668 shares during the period. Institutional investors and hedge funds own 74.66% of the company’s stock.

EPR Properties Trading Up 1.9 %

Shares of NYSE:EPR opened at $53.10 on Friday. The company has a debt-to-equity ratio of 1.19, a quick ratio of 7.81 and a current ratio of 7.81. The stock has a market capitalization of $4.02 billion, a price-to-earnings ratio of 22.99 and a beta of 1.75. EPR Properties has a 1-year low of $39.65 and a 1-year high of $53.58. The company has a 50 day moving average price of $46.85 and a 200 day moving average price of $46.66.

EPR Properties (NYSE:EPR) last released its quarterly earnings data on Wednesday, February 26th. The real estate investment trust reported $1.22 earnings per share for the quarter, topping the consensus estimate of $0.66 by $0.56. The business had revenue of $149.12 million during the quarter, compared to analyst estimates of $161.25 million. EPR Properties had a return on equity of 8.22% and a net margin of 28.87%. On average, research analysts anticipate that EPR Properties will post 4.65 EPS for the current fiscal year.

EPR Properties Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid a $0.295 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $3.54 dividend on an annualized basis and a yield of 6.67%. This is a boost from EPR Properties’s previous monthly dividend of $0.29. EPR Properties’s dividend payout ratio (DPR) is currently 148.05%.

Analyst Ratings Changes

Several research firms have commented on EPR. Stifel Nicolaus raised their target price on shares of EPR Properties from $51.00 to $52.00 and gave the company a “hold” rating in a research note on Thursday. UBS Group assumed coverage on shares of EPR Properties in a report on Thursday, November 14th. They issued a “neutral” rating and a $48.00 price objective for the company. Finally, Royal Bank of Canada reissued an “outperform” rating and set a $50.00 target price on shares of EPR Properties in a report on Thursday, January 30th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $48.50.

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.