Mesirow Financial Investment Management Equity Management Purchases Shares of 19,855 EPR Properties (NYSE:EPR)

Mesirow Financial Investment Management Equity Management purchased a new position in shares of EPR Properties (NYSE:EPR) during the second quarter, according to its most recent 13F filing with the SEC. The fund purchased 19,855 shares of the real estate investment trust’s stock, valued at approximately $1,426,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. BlackRock Inc. raised its position in shares of EPR Properties by 3,652.5% in the first quarter. BlackRock Inc. now owns 7,220,261 shares of the real estate investment trust’s stock worth $531,629,000 after buying an additional 7,027,848 shares in the last quarter. Principal Financial Group Inc. raised its position in shares of EPR Properties by 12.6% in the first quarter. Principal Financial Group Inc. now owns 3,131,467 shares of the real estate investment trust’s stock worth $230,510,000 after buying an additional 349,384 shares in the last quarter. Systematic Financial Management LP raised its position in shares of EPR Properties by 81.9% in the first quarter. Systematic Financial Management LP now owns 761,831 shares of the real estate investment trust’s stock worth $56,094,000 after buying an additional 343,036 shares in the last quarter. Alliancebernstein L.P. raised its position in shares of EPR Properties by 282.7% in the first quarter. Alliancebernstein L.P. now owns 429,953 shares of the real estate investment trust’s stock worth $31,657,000 after buying an additional 317,619 shares in the last quarter. Finally, Vanguard Group Inc. raised its position in shares of EPR Properties by 2.7% in the first quarter. Vanguard Group Inc. now owns 10,337,034 shares of the real estate investment trust’s stock worth $761,115,000 after buying an additional 272,916 shares in the last quarter. 80.66% of the stock is currently owned by hedge funds and other institutional investors.

Shares of EPR Properties (NYSE EPR) opened at 68.14 on Thursday. The firm has a market cap of $5.02 billion, a P/E ratio of 21.64 and a beta of 0.57. EPR Properties has a 12-month low of $65.50 and a 12-month high of $82.00. The firm has a 50-day moving average of $71.98 and a 200-day moving average of $72.99.

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 net margin of 46.90% and a return on equity of 10.51%. The company had revenue of $147.80 million for the quarter, compared to the consensus estimate of $138.07 million. During the same quarter in the prior year, the firm earned $1.17 earnings per share. The company’s revenue for the quarter was up 25.3% compared to the same quarter last year. On average, equities analysts forecast that EPR Properties will post $3.39 earnings per share for the current fiscal year.

The firm also recently declared a aug 17 dividend, which will be paid on Tuesday, August 15th. Shareholders of record on Monday, July 31st will be issued a $0.34 dividend. This represents a dividend yield of 5.56%. The ex-dividend date is Thursday, July 27th. EPR Properties’s dividend payout ratio (DPR) is presently 120.00%.

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EPR has been the topic of a number of research reports. Ladenburg Thalmann Financial Services reaffirmed a “hold” rating on shares of EPR Properties in a research note on Wednesday, May 3rd. Zacks Investment Research downgraded shares of EPR Properties from a “hold” rating to a “sell” rating in a report on Monday, June 5th. BidaskClub downgraded shares of EPR Properties from a “hold” rating to a “sell” rating in a report on Saturday, July 8th. Finally, ValuEngine downgraded shares of EPR Properties from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. One equities research analyst has rated the stock with a sell rating and six have assigned a hold rating to the stock. The company has an average rating of “Hold” and a consensus price target of $79.80.

In other EPR Properties news, Director Peter C. Brown sold 7,907 shares of the company’s stock in a transaction dated Tuesday, June 6th. The shares were sold at an average price of $71.49, for a total value of $565,271.43. Following the sale, the director now owns 4,578 shares of the company’s stock, valued at $327,281.22. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.50% of the stock is owned by corporate insiders.

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.

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

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