EPR Properties (EPR) Stake Increased by Rhumbline Advisers

Rhumbline Advisers grew its stake in EPR Properties (NYSE:EPR) by 7.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 149,245 shares of the real estate investment trust’s stock after acquiring an additional 9,797 shares during the quarter. Rhumbline Advisers owned 0.20% of EPR Properties worth $8,268,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in EPR. Millennium Management LLC increased its stake in shares of EPR Properties by 633.0% in the 4th quarter. Millennium Management LLC now owns 887,369 shares of the real estate investment trust’s stock valued at $58,087,000 after acquiring an additional 766,302 shares during the last quarter. Wedge Capital Management L L P NC increased its stake in EPR Properties by 18.7% during the 4th quarter. Wedge Capital Management L L P NC now owns 1,963,255 shares of the real estate investment trust’s stock worth $128,515,000 after purchasing an additional 308,837 shares in the last quarter. BlackRock Inc. increased its stake in EPR Properties by 2.6% during the 4th quarter. BlackRock Inc. now owns 7,718,600 shares of the real estate investment trust’s stock worth $505,259,000 after purchasing an additional 194,735 shares in the last quarter. Two Sigma Advisers LP increased its stake in EPR Properties by 663.9% during the 4th quarter. Two Sigma Advisers LP now owns 172,354 shares of the real estate investment trust’s stock worth $11,282,000 after purchasing an additional 149,791 shares in the last quarter. Finally, Polaris Capital Management LLC increased its stake in EPR Properties by 337.9% during the 4th quarter. Polaris Capital Management LLC now owns 190,100 shares of the real estate investment trust’s stock worth $2,595,000 after purchasing an additional 146,690 shares in the last quarter. 90.31% of the stock is owned by institutional investors.

EPR Properties opened at $58.07 on Friday, Marketbeat.com reports. EPR Properties has a twelve month low of $58.64 and a twelve month high of $59.60. The company has a debt-to-equity ratio of 1.09, a current ratio of 8.07 and a quick ratio of 8.07. The company has a market cap of $4.34 billion, a price-to-earnings ratio of 11.45, a PEG ratio of 2.82 and a beta of 0.43.

EPR Properties (NYSE:EPR) last released its quarterly earnings results on Tuesday, May 8th. The real estate investment trust reported $0.32 earnings per share for the quarter, missing analysts’ consensus estimates of $1.24 by ($0.92). EPR Properties had a return on equity of 8.23% and a net margin of 39.64%. The firm had revenue of $155.00 million for the quarter, compared to analyst estimates of $151.23 million. During the same period last year, the company earned $1.19 EPS. sell-side analysts forecast that EPR Properties will post 5.86 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, June 15th. Shareholders of record on Thursday, May 31st will be given a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 2.48%. EPR Properties’s dividend payout ratio (DPR) is currently 86.06%.

EPR has been the subject of a number of research reports. Bank of America cut EPR Properties from a “buy” rating to a “neutral” rating and set a $60.00 target price for the company. in a research note on Monday, March 5th. Ladenburg Thalmann set a $72.00 target price on EPR Properties and gave the stock a “buy” rating in a research note on Monday, February 5th. Zacks Investment Research cut EPR Properties from a “hold” rating to a “sell” rating in a research note on Wednesday, March 14th. SunTrust Banks set a $57.00 target price on EPR Properties and gave the stock a “hold” rating in a research note on Tuesday, April 3rd. Finally, ValuEngine cut EPR Properties from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $68.56.

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

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