Sigma Planning Corp Buys Shares of 2,683 EPR Properties (NYSE:EPR)

Sigma Planning Corp bought a new stake in EPR Properties (NYSE:EPR) during the third quarter, HoldingsChannel.com reports. The fund bought 2,683 shares of the real estate investment trust’s stock, valued at approximately $206,000.

Other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in shares of EPR Properties by 1.3% during the 2nd quarter. Vanguard Group Inc. now owns 11,717,113 shares of the real estate investment trust’s stock worth $873,980,000 after acquiring an additional 146,146 shares during the period. Invesco Ltd. lifted its holdings in shares of EPR Properties by 250.2% during the 2nd quarter. Invesco Ltd. now owns 3,143,943 shares of the real estate investment trust’s stock worth $234,506,000 after acquiring an additional 2,246,111 shares during the period. Bank of New York Mellon Corp lifted its holdings in shares of EPR Properties by 8.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,017,610 shares of the real estate investment trust’s stock worth $75,904,000 after acquiring an additional 80,515 shares during the period. Northern Trust Corp lifted its holdings in shares of EPR Properties by 1.7% during the 2nd quarter. Northern Trust Corp now owns 879,176 shares of the real estate investment trust’s stock worth $65,577,000 after acquiring an additional 15,028 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of EPR Properties by 5.5% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 619,382 shares of the real estate investment trust’s stock worth $46,200,000 after acquiring an additional 32,256 shares during the period. Institutional investors own 82.21% of the company’s stock.

NYSE EPR traded down $0.12 during mid-day trading on Wednesday, hitting $72.17. The company’s stock had a trading volume of 424,798 shares, compared to its average volume of 422,302. EPR Properties has a 52-week low of $62.75 and a 52-week high of $80.75. The stock’s fifty day simple moving average is $76.99 and its two-hundred day simple moving average is $76.98. The company has a debt-to-equity ratio of 1.02, a current ratio of 5.23 and a quick ratio of 5.23. The firm has a market capitalization of $5.67 billion, a P/E ratio of 11.83, a price-to-earnings-growth ratio of 4.20 and a beta of 0.47.

The firm also recently declared a monthly dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 31st will be issued a $0.375 dividend. The ex-dividend date is Wednesday, October 30th. This represents a $4.50 annualized dividend and a yield of 6.24%. EPR Properties’s payout ratio is 73.77%.

EPR has been the topic of several recent analyst reports. Zacks Investment Research lowered shares of EPR Properties from a “buy” rating to a “hold” rating in a report on Monday, November 4th. TheStreet lowered shares of EPR Properties from a “b” rating to a “c+” rating in a report on Tuesday, October 29th. JPMorgan Chase & Co. increased their price objective on shares of EPR Properties from $76.00 to $83.00 and gave the stock a “neutral” rating in a report on Wednesday, August 28th. Stifel Nicolaus raised their price target on shares of EPR Properties from $80.00 to $82.00 and gave the company a “hold” rating in a report on Friday, August 23rd. Finally, ValuEngine lowered shares of EPR Properties from a “hold” rating to a “sell” rating in a report on Friday, November 1st. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company. EPR Properties presently has an average rating of “Hold” and a consensus target price of $83.17.

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.

See Also: What is the market perform rating?

Want to see what other hedge funds are holding EPR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for EPR Properties (NYSE:EPR).

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

Receive News & Ratings for EPR Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EPR Properties and related companies with MarketBeat.com's FREE daily email newsletter.