EPR Properties (EPR) Shares Sold by NJ State Employees Deferred Compensation Plan

NJ State Employees Deferred Compensation Plan reduced its position in shares of EPR Properties (NYSE:EPR) by 50.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,000 shares of the real estate investment trust’s stock after selling 15,000 shares during the period. NJ State Employees Deferred Compensation Plan’s holdings in EPR Properties were worth $1,046,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in EPR. Principal Financial Group Inc. boosted its position in shares of EPR Properties by 22.9% during the second quarter. Principal Financial Group Inc. now owns 3,849,777 shares of the real estate investment trust’s stock worth $276,684,000 after buying an additional 718,310 shares during the period. Uniplan Investment Counsel Inc. boosted its position in shares of EPR Properties by 69.5% during the second quarter. Uniplan Investment Counsel Inc. now owns 1,730,593 shares of the real estate investment trust’s stock worth $74,769,000 after buying an additional 709,368 shares during the period. Vanguard Group Inc. boosted its position in shares of EPR Properties by 4.4% during the second quarter. Vanguard Group Inc. now owns 10,791,750 shares of the real estate investment trust’s stock worth $775,604,000 after buying an additional 454,716 shares during the period. Prudential Financial Inc. boosted its position in shares of EPR Properties by 285.7% during the second quarter. Prudential Financial Inc. now owns 264,958 shares of the real estate investment trust’s stock worth $19,042,000 after buying an additional 196,258 shares during the period. Finally, Goldman Sachs Group Inc. boosted its position in shares of EPR Properties by 28.7% during the second quarter. Goldman Sachs Group Inc. now owns 773,378 shares of the real estate investment trust’s stock worth $55,582,000 after buying an additional 172,436 shares during the period. Institutional investors and hedge funds own 85.14% of the company’s stock.

Several research firms have recently commented on EPR. KeyCorp set a $80.00 price target on EPR Properties and gave the stock a “buy” rating in a research report on Sunday. Zacks Investment Research lowered EPR Properties from a “buy” rating to a “hold” rating in a research report on Wednesday, October 25th. Ladenburg Thalmann Financial Services upgraded EPR Properties from a “neutral” rating to a “buy” rating and set a $76.00 price target for the company in a research report on Monday, September 11th. Finally, BidaskClub upgraded EPR Properties from a “sell” rating to a “hold” rating in a research report on Saturday, August 26th. Five analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $78.67.

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EPR Properties (NYSE:EPR) traded up 0.04% on Wednesday, reaching $69.21. The company had a trading volume of 68,031 shares. The firm has a market capitalization of $5.10 billion, a price-to-earnings ratio of 20.27 and a beta of 0.59. The stock’s 50-day moving average price is $70.42 and its 200 day moving average price is $71.22. EPR Properties has a 52-week low of $65.50 and a 52-week high of $77.70.

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

The business also recently declared a oct 17 dividend, which will be paid on Wednesday, November 15th. Investors of record on Tuesday, October 31st will be issued a $0.34 dividend. The ex-dividend date is Monday, October 30th. This represents a yield of 5.72%. EPR Properties’s dividend payout ratio is currently 120.00%.

About EPR Properties

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.

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

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