EPR Properties (EPR) Stake Increased by Rhumbline Advisers

Rhumbline Advisers grew its holdings in shares of EPR Properties (NYSE:EPR) by 42.1% in the 4th quarter, HoldingsChannel reports. The fund owned 225,862 shares of the real estate investment trust’s stock after acquiring an additional 66,936 shares during the period. Rhumbline Advisers’ holdings in EPR Properties were worth $14,462,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. North Star Investment Management Corp. grew its stake in shares of EPR Properties by 40.2% during the fourth quarter. North Star Investment Management Corp. now owns 911 shares of the real estate investment trust’s stock valued at $58,000 after acquiring an additional 261 shares in the last quarter. First Hawaiian Bank lifted its position in shares of EPR Properties by 18.2% during the fourth quarter. First Hawaiian Bank now owns 1,948 shares of the real estate investment trust’s stock worth $125,000 after purchasing an additional 300 shares during the last quarter. NTV Asset Management LLC lifted its position in shares of EPR Properties by 7.9% during the fourth quarter. NTV Asset Management LLC now owns 4,100 shares of the real estate investment trust’s stock worth $263,000 after purchasing an additional 300 shares during the last quarter. Retirement Systems of Alabama lifted its position in shares of EPR Properties by 0.3% during the fourth quarter. Retirement Systems of Alabama now owns 96,286 shares of the real estate investment trust’s stock worth $6,165,000 after purchasing an additional 303 shares during the last quarter. Finally, Arizona State Retirement System lifted its position in shares of EPR Properties by 1.1% during the fourth quarter. Arizona State Retirement System now owns 53,355 shares of the real estate investment trust’s stock worth $3,416,000 after purchasing an additional 564 shares during the last quarter. Institutional investors own 87.01% of the company’s stock.

Shares of EPR stock opened at $73.82 on Wednesday. The company has a current ratio of 5.57, a quick ratio of 5.57 and a debt-to-equity ratio of 1.02. EPR Properties has a one year low of $51.87 and a one year high of $74.35. The stock has a market cap of $5.49 billion, a PE ratio of 14.71, a P/E/G ratio of 4.16 and a beta of 0.70.

The firm also recently announced a feb 19 dividend, which will be paid on Friday, February 15th. Shareholders of record on Thursday, January 31st will be issued a $0.375 dividend. The ex-dividend date is Wednesday, January 30th. This represents a yield of 6.41%. This is a boost from EPR Properties’s previous feb 19 dividend of $0.36. EPR Properties’s dividend payout ratio (DPR) is currently 89.64%.

In other EPR Properties news, Director Peter C. Brown sold 2,000 shares of the firm’s stock in a transaction dated Thursday, December 6th. The shares were sold at an average price of $70.37, for a total value of $140,740.00. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Mark Alan Peterson sold 3,575 shares of the firm’s stock in a transaction dated Tuesday, January 29th. The stock was sold at an average price of $72.02, for a total transaction of $257,471.50. The disclosure for this sale can be found here. Insiders sold 9,150 shares of company stock worth $652,037 in the last three months. 1.36% of the stock is currently owned by corporate insiders.

Several equities analysts have recently commented on EPR shares. Raymond James raised shares of EPR Properties from a “market perform” rating to an “outperform” rating and set a $76.00 price target on the stock in a research report on Thursday, December 6th. Zacks Investment Research cut shares of EPR Properties from a “buy” rating to a “hold” rating in a research report on Tuesday, October 30th. JPMorgan Chase & Co. raised shares of EPR Properties from an “underweight” rating to a “neutral” rating in a research report on Wednesday, December 19th. Citigroup increased their price target on shares of EPR Properties from $65.00 to $70.00 and gave the stock a “hold” rating in a research report on Thursday, November 1st. Finally, Royal Bank of Canada reaffirmed a “buy” rating and set a $73.00 price target on shares of EPR Properties in a research report on Monday, November 26th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating to the company’s stock. EPR Properties currently has a consensus rating of “Hold” and a consensus price target of $71.19.

ILLEGAL ACTIVITY WARNING: This news story was reported by Community Financial News and is the property of of Community Financial News. If you are reading this news story on another publication, it was illegally stolen and reposted in violation of United States and international copyright law. The legal version of this news story can be read at https://www.com-unik.info/2019/02/13/epr-properties-epr-stake-increased-by-rhumbline-advisers.html.

About EPR Properties

EPR Properties is a specialty real estate investment trust (REIT) that invests in properties in select market segments which require unique industry knowledge, while offering the potential for stable and attractive returns. Our total investments exceed $6.7 billion and our primary investment segments are Entertainment, Recreation and Education.

Read More: How to interpret the current ratio

Want to see what other hedge funds are holding EPR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for EPR Properties (NYSE:EPR).

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

Receive News & Ratings for EPR Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EPR Properties and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit