Wasatch Advisors Inc. Grows Position in EPR Properties (EPR)

Wasatch Advisors Inc. boosted its position in shares of EPR Properties (NYSE:EPR) by 9.5% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 64,536 shares of the real estate investment trust’s stock after purchasing an additional 5,614 shares during the period. Wasatch Advisors Inc. owned 0.09% of EPR Properties worth $4,638,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Penserra Capital Management LLC boosted its position in EPR Properties by 8.8% during the second quarter. Penserra Capital Management LLC now owns 1,601 shares of the real estate investment trust’s stock valued at $115,000 after purchasing an additional 129 shares during the last quarter. Ffcm LLC boosted its position in EPR Properties by 119.2% during the second quarter. Ffcm LLC now owns 2,177 shares of the real estate investment trust’s stock valued at $159,000 after purchasing an additional 1,184 shares during the last quarter. Private Advisor Group LLC boosted its position in EPR Properties by 8.0% during the second quarter. Private Advisor Group LLC now owns 2,943 shares of the real estate investment trust’s stock valued at $207,000 after purchasing an additional 218 shares during the last quarter. Wedbush Securities Inc. acquired a new stake in EPR Properties during the second quarter valued at $208,000. Finally, Verition Fund Management LLC acquired a new stake in EPR Properties during the second quarter valued at $208,000. 84.92% of the stock is owned by hedge funds and other institutional investors.

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Shares of EPR Properties (NYSE:EPR) traded down 0.217% during mid-day trading on Tuesday, hitting $70.896. The company’s stock had a trading volume of 68,829 shares. EPR Properties has a 1-year low of $65.50 and a 1-year high of $77.70. The company has a 50-day moving average price of $70.46 and a 200-day moving average price of $71.58. The stock has a market cap of $5.22 billion, a PE ratio of 20.760 and a beta of 0.59.

EPR Properties (NYSE:EPR) last announced its quarterly earnings data on Thursday, August 3rd. The real estate investment trust reported $1.29 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.24 by $0.05. The company had revenue of $147.80 million during the quarter, compared to analysts’ expectations of $138.07 million. EPR Properties had a return on equity of 10.51% and a net margin of 46.90%. EPR Properties’s revenue for the quarter was up 25.3% compared to the same quarter last year. During the same quarter last year, the company earned $1.17 EPS. Analysts predict that EPR Properties will post $3.44 EPS for the current fiscal year.

The business also recently disclosed a oct 17 dividend, which will be paid on Wednesday, November 15th. Stockholders of record on Tuesday, October 31st will be issued a $0.34 dividend. EPR Properties’s payout ratio is 120.00%.

A number of analysts recently issued reports on EPR shares. BidaskClub cut EPR Properties from a “hold” rating to a “sell” rating in a research report on Saturday, July 8th. Zacks Investment Research raised EPR Properties from a “hold” rating to a “buy” rating and set a $81.00 price objective for the company in a research report on Wednesday, August 2nd. Ladenburg Thalmann Financial Services raised EPR Properties from a “neutral” rating to a “buy” rating and set a $76.00 price objective for the company in a research report on Monday, September 11th. Finally, KeyCorp reissued a “buy” rating and set a $80.00 price objective on shares of EPR Properties in a research report on Friday, August 25th. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $78.67.

EPR Properties Profile

EPR Properties is a specialty real estate investment trust. The Company’s investment portfolio includes primarily entertainment, education and recreation properties. The Company’s segments include Entertainment, Education, Recreation and Other. The Entertainment segment consists of investments in megaplex theatres, entertainment retail centers, family entertainment centers and other retail parcels.

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Institutional Ownership by Quarter for EPR Properties (NYSE:EPR)

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