EPR Properties (NYSE:EPR) Lifted to “Buy” at ValuEngine
Several other analysts also recently commented on EPR. Royal Bank of Canada dropped their target price on shares of Medtronic to $100.00 and set an outperform rating on the stock in a report on Tuesday, May 28th. Stifel Nicolaus boosted their target price on shares of Western Digital from $48.00 to $55.00 and gave the company a buy rating in a research report on Tuesday, April 30th. Raymond James reaffirmed a buy rating and issued a $21.00 price target on shares of Colfax in a research note on Thursday, May 2nd. Finally, Bank of America boosted their target price on Armstrong World Industries from $95.00 to $108.00 and gave the stock a buy rating in a research note on Tuesday, June 11th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company’s stock. EPR Properties presently has an average rating of Hold and a consensus target price of $78.83.
Shares of EPR Properties stock traded down $0.87 during mid-day trading on Monday, reaching $76.46. 473,044 shares of the stock were exchanged, compared to its average volume of 436,659. The company has a market capitalization of $5.89 billion, a P/E ratio of 12.53, a price-to-earnings-growth ratio of 4.42 and a beta of 0.58. The company has a current ratio of 5.61, a quick ratio of 5.61 and a debt-to-equity ratio of 1.05. The company has a 50-day simple moving average of $77.61. EPR Properties has a fifty-two week low of $62.75 and a fifty-two week high of $80.75.
The business also recently declared a jun 19 dividend, which will be paid on Monday, July 15th. Shareholders of record on Friday, June 28th will be paid a $0.375 dividend. The ex-dividend date is Thursday, June 27th. EPR Properties’s dividend payout ratio (DPR) is currently 73.77%.
In related news, Director Jack A. Newman, Jr. sold 506 shares of the stock in a transaction that occurred on Thursday, May 2nd. The stock was sold at an average price of $79.48, for a total transaction of $40,216.88. Following the completion of the transaction, the director now directly owns 2,273 shares of the company’s stock, valued at $180,658.04. The sale was disclosed in a filing with the SEC, which is available through this link. Also, VP Tonya L. Mater sold 1,000 shares of the stock in a transaction that occurred on Thursday, May 23rd. The shares were sold at an average price of $77.87, for a total value of $77,870.00. Following the transaction, the vice president now directly owns 31,262 shares of the company’s stock, valued at $2,434,371.94. The disclosure for this sale can be found here. Insiders have sold 10,965 shares of company stock worth $851,977 over the last 90 days. 1.34% of the stock is currently owned by corporate insiders.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Norges Bank acquired a new stake in shares of EPR Properties in the 4th quarter worth $50,570,000. Millennium Management LLC raised its stake in shares of EPR Properties by 243.7% during the 4th quarter. Millennium Management LLC now owns 556,750 shares of the real estate investment trust’s stock valued at $35,649,000 after buying an additional 394,786 shares during the last quarter. Two Sigma Advisers LP increased its stake in shares of EPR Properties by 692.1% in the 4th quarter. Two Sigma Advisers LP now owns 422,798 shares of the real estate investment trust’s stock valued at $27,072,000 after purchasing an additional 369,420 shares in the last quarter. Two Sigma Investments LP increased its stake in shares of EPR Properties by 192.9% in the 4th quarter. Two Sigma Investments LP now owns 499,003 shares of the real estate investment trust’s stock valued at $31,951,000 after purchasing an additional 328,624 shares in the last quarter. Finally, Deutsche Bank AG increased its stake in shares of EPR Properties by 444.3% in the 4th quarter. Deutsche Bank AG now owns 343,557 shares of the real estate investment trust’s stock valued at $21,996,000 after purchasing an additional 280,436 shares in the last quarter. Institutional investors own 84.29% of the company’s stock.
EPR Properties Company Profile
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.
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