Teachers Retirement System of The State of Kentucky Trims Position in EPR Properties (NYSE:EPR)

Teachers Retirement System of The State of Kentucky decreased its holdings in shares of EPR Properties (NYSE:EPR) by 2.1% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 25,168 shares of the real estate investment trust’s stock after selling 530 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in EPR Properties were worth $1,115,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Wealthfront Advisers LLC purchased a new stake in shares of EPR Properties during the 4th quarter worth about $302,313,000. Norges Bank purchased a new stake in EPR Properties during the fourth quarter worth approximately $41,148,000. American Century Companies Inc. increased its position in shares of EPR Properties by 44.6% in the fourth quarter. American Century Companies Inc. now owns 1,085,947 shares of the real estate investment trust’s stock worth $48,086,000 after acquiring an additional 334,943 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of EPR Properties in the 4th quarter valued at $13,145,000. Finally, JPMorgan Chase & Co. lifted its holdings in shares of EPR Properties by 35.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 673,117 shares of the real estate investment trust’s stock valued at $33,010,000 after acquiring an additional 177,061 shares in the last quarter. Hedge funds and other institutional investors own 74.66% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on EPR. Royal Bank of Canada raised their price objective on EPR Properties from $50.00 to $58.00 and gave the company an “outperform” rating in a research report on Thursday, March 6th. Wells Fargo & Company boosted their price target on EPR Properties from $45.00 to $52.00 and gave the stock an “underweight” rating in a research report on Monday, March 10th. Stifel Nicolaus increased 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, February 27th. Finally, Truist Financial boosted their target price on shares of EPR Properties from $51.00 to $53.00 and gave the stock a “hold” rating in a research report on Monday, March 24th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating, two have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, EPR Properties presently has a consensus rating of “Hold” and a consensus price target of $51.00.

Insider Activity at EPR Properties

In other EPR Properties news, CAO Tonya L. Mater sold 3,120 shares of the business’s stock in a transaction on Monday, March 17th. The shares were sold at an average price of $51.90, for a total transaction of $161,928.00. Following the completion of the sale, the chief accounting officer now owns 46,827 shares in the company, valued at $2,430,321.30. The trade was a 6.25 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Brian Andrew Moriarty sold 2,500 shares of the firm’s stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $51.99, for a total transaction of $129,975.00. Following the completion of the transaction, the senior vice president now owns 15,299 shares in the company, valued at approximately $795,395.01. The trade was a 14.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 9,520 shares of company stock valued at $502,581. Corporate insiders own 2.31% of the company’s stock.

EPR Properties Stock Up 0.5 %

Shares of NYSE:EPR opened at $49.08 on Monday. EPR Properties has a 12-month low of $39.87 and a 12-month high of $54.25. The company has a current ratio of 7.81, a quick ratio of 7.81 and a debt-to-equity ratio of 1.19. The firm has a market cap of $3.73 billion, a PE ratio of 21.25 and a beta of 1.30. The company has a fifty day simple moving average of $50.17 and a 200 day simple moving average of $47.39.

EPR Properties (NYSE:EPR) last released its earnings results on Wednesday, February 26th. The real estate investment trust reported $1.22 earnings per share for the quarter, topping the consensus estimate of $0.66 by $0.56. The company had revenue of $149.12 million during the quarter, compared to the consensus estimate of $161.25 million. EPR Properties had a net margin of 28.87% and a return on equity of 8.22%. On average, equities research analysts anticipate that EPR Properties will post 4.65 EPS for the current fiscal year.

EPR Properties Dividend Announcement

The company also recently announced a apr 25 dividend, which will be paid on Thursday, May 15th. Stockholders of record on Wednesday, April 30th will be given a $0.295 dividend. The ex-dividend date of this dividend is Wednesday, April 30th. This represents a dividend yield of 7.3%. EPR Properties’s payout ratio is 221.25%.

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.