EPR Properties (EPR) Stake Raised by Massachusetts Financial Services Co. MA

Massachusetts Financial Services Co. MA lifted its holdings in EPR Properties (NYSE:EPR) by 25.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,215,904 shares of the real estate investment trust’s stock after buying an additional 243,776 shares during the quarter. Massachusetts Financial Services Co. MA owned approximately 1.64% of EPR Properties worth $83,180,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Retirement Systems of Alabama raised its holdings in shares of EPR Properties by 14.6% in the third quarter. Retirement Systems of Alabama now owns 95,983 shares of the real estate investment trust’s stock worth $6,566,000 after buying an additional 12,255 shares during the period. Xact Kapitalforvaltning AB raised its holdings in shares of EPR Properties by 34.3% in the third quarter. Xact Kapitalforvaltning AB now owns 13,323 shares of the real estate investment trust’s stock worth $911,000 after buying an additional 3,400 shares during the period. UMB Bank N A MO purchased a new stake in shares of EPR Properties in the third quarter worth approximately $207,000. Texas Permanent School Fund raised its holdings in shares of EPR Properties by 12.1% in the third quarter. Texas Permanent School Fund now owns 46,781 shares of the real estate investment trust’s stock worth $3,200,000 after buying an additional 5,049 shares during the period. Finally, Strs Ohio raised its holdings in shares of EPR Properties by 4.8% in the third quarter. Strs Ohio now owns 110,020 shares of the real estate investment trust’s stock worth $7,526,000 after buying an additional 4,995 shares during the period. Hedge funds and other institutional investors own 89.46% of the company’s stock.

Shares of NYSE:EPR opened at $68.74 on Thursday. EPR Properties has a 52-week low of $51.87 and a 52-week high of $71.00. The company has a market capitalization of $5.16 billion, a P/E ratio of 11.56, a PEG ratio of 4.71 and a beta of 0.51. The company has a current ratio of 5.57, a quick ratio of 6.16 and a debt-to-equity ratio of 1.02.

EPR Properties (NYSE:EPR) last announced its quarterly earnings data on Monday, October 29th. The real estate investment trust reported $1.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.18. EPR Properties had a return on equity of 9.62% and a net margin of 40.84%. The company had revenue of $176.40 million for the quarter, compared to analysts’ expectations of $157.09 million. During the same quarter in the prior year, the firm earned $1.22 earnings per share. EPR Properties’s revenue was up 16.5% compared to the same quarter last year. As a group, equities research analysts predict that EPR Properties will post 6.06 earnings per share for the current fiscal year.

The business also recently announced a oct 18 dividend, which will be paid on Thursday, November 15th. Shareholders of record on Wednesday, October 31st will be given a dividend of $0.36 per share. The ex-dividend date of this dividend is Tuesday, October 30th. This represents a yield of 6.36%. EPR Properties’s dividend payout ratio (DPR) is presently 86.06%.

Several brokerages have recently weighed in on EPR. TheStreet raised EPR Properties from a “c” rating to a “b” rating in a research note on Wednesday, August 1st. Royal Bank of Canada reissued a “buy” rating and issued a $71.00 price objective on shares of EPR Properties in a research note on Wednesday, August 15th. Zacks Investment Research raised EPR Properties from a “hold” rating to a “buy” rating and set a $77.00 price objective on the stock in a research note on Monday, August 6th. ValuEngine raised EPR Properties from a “sell” rating to a “hold” rating in a research note on Wednesday, August 15th. Finally, Stifel Nicolaus increased their price objective on EPR Properties from $68.00 to $70.00 and gave the stock a “hold” rating in a research note on Tuesday, September 18th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and one has given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $69.81.

In other EPR Properties news, SVP Michael L. Hirons sold 7,000 shares of the stock in a transaction on Friday, August 17th. The stock was sold at an average price of $69.97, for a total transaction of $489,790.00. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 1.36% of the stock is currently owned by company insiders.

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.

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

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