Versor Investments LP Sells 6,616 Shares of EPR Properties (NYSE:EPR)

Versor Investments LP cut its stake in shares of EPR Properties (NYSE:EPR) by 35.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 11,984 shares of the real estate investment trust’s stock after selling 6,616 shares during the period. Versor Investments LP’s holdings in EPR Properties were worth $531,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Brooklyn Investment Group bought a new stake in shares of EPR Properties in the third quarter worth $27,000. Blue Trust Inc. grew its stake in shares of EPR Properties by 67.2% during the 3rd 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 during the period. GAMMA Investing LLC increased its position in shares of EPR Properties by 36.6% during the 4th quarter. GAMMA Investing LLC now owns 1,127 shares of the real estate investment trust’s stock valued at $50,000 after purchasing an additional 302 shares during the last quarter. Principal Securities Inc. lifted its stake in shares of EPR Properties by 54.5% in the 4th quarter. Principal Securities Inc. now owns 1,296 shares of the real estate investment trust’s stock worth $57,000 after purchasing an additional 457 shares during the period. Finally, Venturi Wealth Management LLC lifted its stake in shares of EPR Properties by 42.3% in the 3rd quarter. Venturi Wealth Management LLC now owns 1,474 shares of the real estate investment trust’s stock worth $72,000 after purchasing an additional 438 shares during the period. 74.66% of the stock is owned by institutional investors.

EPR Properties Stock Up 1.9 %

EPR opened at $53.10 on Friday. The stock has a market cap of $4.02 billion, a price-to-earnings ratio of 22.99 and a beta of 1.75. 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 firm’s fifty day moving average is $46.85 and its 200 day moving average is $46.66. EPR Properties has a fifty-two week low of $39.65 and a fifty-two week high of $53.58.

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

EPR Properties Increases Dividend

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

Analyst Ratings Changes

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

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.