Pensionfund Sabic lowered its holdings in shares of EPR Properties (NYSE:EPR) by 25.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,000 shares of the real estate investment trust’s stock after selling 5,000 shares during the period. Pensionfund Sabic’s holdings in EPR Properties were worth $1,154,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently modified their holdings of EPR. Lindbrook Capital LLC purchased a new stake in EPR Properties in the fourth quarter valued at approximately $25,000. Oregon Public Employees Retirement Fund grew its holdings in EPR Properties by 6,303.0% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 1,873,518 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 1,844,258 shares during the period. Bronfman E.L. Rothschild L.P. grew its holdings in EPR Properties by 195.6% in the fourth quarter. Bronfman E.L. Rothschild L.P. now owns 467 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 309 shares during the period. Pearl River Capital LLC purchased a new stake in EPR Properties in the fourth quarter valued at approximately $32,000. Finally, Capital Investment Advisory Services LLC acquired a new position in EPR Properties during the fourth quarter valued at approximately $33,000. Institutional investors and hedge funds own 84.68% of the company’s stock.
A number of research analysts have weighed in on EPR shares. JPMorgan Chase & Co. raised shares of EPR Properties from an “underweight” rating to a “neutral” rating in a research report on Wednesday, December 19th. Raymond James raised shares of EPR Properties from a “market perform” rating to an “outperform” rating and set a $76.00 target price on the stock in a research report on Thursday, December 6th. ValuEngine raised shares of EPR Properties from a “hold” rating to a “buy” rating in a research report on Saturday, March 9th. Finally, Zacks Investment Research cut shares of EPR Properties from a “hold” rating to a “sell” rating in a research report on Wednesday, January 16th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $70.50.
The company also recently declared a monthly dividend, which will be paid on Monday, April 15th. Stockholders of record on Friday, March 29th will be given a dividend of $0.375 per share. The ex-dividend date of this dividend is Thursday, March 28th. This represents a $4.50 annualized dividend and a dividend yield of 5.78%. EPR Properties’s dividend payout ratio is currently 73.77%.
In other news, CFO Mark Alan Peterson sold 3,575 shares of the company’s stock in a transaction dated Tuesday, January 29th. The shares were sold at an average price of $72.02, for a total transaction of $257,471.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Robin Peppe Sterneck sold 860 shares of the company’s stock in a transaction dated Friday, March 1st. The stock was sold at an average price of $72.60, for a total transaction of $62,436.00. Following the transaction, the director now owns 1,882 shares of the company’s stock, valued at approximately $136,633.20. The disclosure for this sale can be found here. Insiders have sold 15,563 shares of company stock valued at $1,154,384 in the last 90 days. Insiders own 1.36% of the company’s stock.
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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