EPR Properties (EPR) Stake Lifted by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. grew its holdings in EPR Properties (NYSE:EPR) by 28.8% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 5,348 shares of the real estate investment trust’s stock after acquiring an additional 1,197 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in EPR Properties were worth $366,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Schwab Charles Investment Management Inc. increased its holdings in shares of EPR Properties by 11.4% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 425,309 shares of the real estate investment trust’s stock valued at $27,556,000 after acquiring an additional 43,391 shares during the last quarter. BNP Paribas Arbitrage SA grew its stake in EPR Properties by 40.7% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 23,583 shares of the real estate investment trust’s stock worth $1,528,000 after buying an additional 6,822 shares during the last quarter. Lake Street Advisors Group LLC purchased a new position in EPR Properties during the 2nd quarter worth approximately $900,000. Principal Financial Group Inc. grew its stake in EPR Properties by 38.3% during the 1st quarter. Principal Financial Group Inc. now owns 5,105,162 shares of the real estate investment trust’s stock worth $282,826,000 after buying an additional 1,412,865 shares during the last quarter. Finally, Riverhead Capital Management LLC grew its stake in EPR Properties by 142.9% during the 2nd quarter. Riverhead Capital Management LLC now owns 32,887 shares of the real estate investment trust’s stock worth $2,131,000 after buying an additional 19,350 shares during the last quarter. Institutional investors and hedge funds own 89.61% of the company’s stock.

In other EPR Properties news, CAO Tonya L. Mater sold 4,287 shares of EPR Properties stock in a transaction that occurred on Thursday, November 8th. The stock was sold at an average price of $70.13, for a total value of $300,647.31. Following the transaction, the chief accounting officer now directly owns 31,395 shares in the company, valued at approximately $2,201,731.35. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Mark Alan Peterson sold 7,250 shares of EPR Properties stock in a transaction that occurred on Monday, November 5th. The shares were sold at an average price of $69.75, for a total value of $505,687.50. Following the completion of the transaction, the chief financial officer now owns 101,053 shares in the company, valued at $7,048,446.75. The disclosure for this sale can be found here. Insiders sold a total of 18,537 shares of company stock worth $1,296,125 over the last quarter. Company insiders own 1.36% of the company’s stock.

EPR has been the topic of a number of research reports. Stifel Nicolaus raised their price target on EPR Properties from $68.00 to $70.00 and gave the stock a “hold” rating in a research note on Tuesday, September 18th. Royal Bank of Canada restated a “buy” rating and set a $71.00 price target on shares of EPR Properties in a research note on Wednesday, August 15th. Zacks Investment Research downgraded EPR Properties from a “buy” rating to a “hold” rating in a research note on Tuesday, October 30th. Citigroup raised their price target on EPR Properties from $65.00 to $70.00 and gave the stock a “hold” rating in a research note on Thursday, November 1st. Finally, Raymond James initiated coverage on EPR Properties in a research note on Friday, July 20th. They set a “market perform” rating on the stock. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and one has issued a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $70.44.

NYSE:EPR opened at $70.79 on Friday. The company has a market cap of $5.19 billion, a P/E ratio of 11.63, a PEG ratio of 4.53 and a beta of 0.43. The company has a current ratio of 5.57, a quick ratio of 5.57 and a debt-to-equity ratio of 1.02. EPR Properties has a 52-week low of $51.87 and a 52-week high of $70.96.

EPR Properties (NYSE:EPR) last announced its earnings results on Monday, October 29th. The real estate investment trust reported $1.07 earnings per share for the quarter, beating 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 the consensus estimate of $157.09 million. During the same period last year, the business posted $1.22 EPS. The company’s revenue was up 16.5% on a year-over-year basis. On average, research analysts expect that EPR Properties will post 6.07 EPS 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 paid a $0.36 dividend. The ex-dividend date of this dividend is Tuesday, October 30th. This represents a dividend yield of 6.36%. EPR Properties’s dividend payout ratio (DPR) is currently 86.06%.

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EPR Properties 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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