Aperio Group LLC Lowers Stake in EPR Properties (NYSE:EPR)
Aperio Group LLC reduced its stake in EPR Properties (NYSE:EPR) by 9.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 23,584 shares of the real estate investment trust’s stock after selling 2,518 shares during the period. Aperio Group LLC’s holdings in EPR Properties were worth $1,695,000 at the end of the most recent reporting period.
Several other institutional investors have also bought and sold shares of EPR. Vanguard Group Inc. increased its position in EPR Properties by 2.7% in the first quarter. Vanguard Group Inc. now owns 10,337,034 shares of the real estate investment trust’s stock valued at $761,115,000 after buying an additional 272,916 shares in the last quarter. BlackRock Inc. increased its position in EPR Properties by 3,652.5% in the first quarter. BlackRock Inc. now owns 7,220,261 shares of the real estate investment trust’s stock valued at $531,629,000 after buying an additional 7,027,848 shares in the last quarter. Principal Financial Group Inc. increased its position in EPR Properties by 12.6% in the first quarter. Principal Financial Group Inc. now owns 3,131,467 shares of the real estate investment trust’s stock valued at $230,510,000 after buying an additional 349,384 shares in the last quarter. State Street Corp increased its position in EPR Properties by 3.1% in the first quarter. State Street Corp now owns 2,113,363 shares of the real estate investment trust’s stock valued at $155,607,000 after buying an additional 63,987 shares in the last quarter. Finally, Edge Asset Management Inc. increased its position in EPR Properties by 5.7% in the first quarter. Edge Asset Management Inc. now owns 896,381 shares of the real estate investment trust’s stock valued at $66,001,000 after buying an additional 48,172 shares in the last quarter. 80.66% of the stock is currently owned by hedge funds and other institutional investors.
Shares of EPR Properties (EPR) traded down 1.3578% during midday trading on Friday, hitting $66.8301. 279,497 shares of the company’s stock were exchanged. EPR Properties has a one year low of $65.50 and a one year high of $81.61. The stock’s 50-day moving average price is $71.80 and its 200 day moving average price is $72.95. The firm has a market cap of $4.92 billion, a PE ratio of 19.5696 and a beta of 0.57.
EPR Properties (NYSE:EPR) last posted its quarterly earnings results on Thursday, August 3rd. The real estate investment trust reported $1.29 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.24 by $0.05. EPR Properties had a net margin of 46.90% and a return on equity of 10.51%. The firm had revenue of $147.80 million for the quarter, compared to analyst estimates of $138.07 million. During the same quarter last year, the firm posted $1.17 earnings per share. EPR Properties’s revenue for the quarter was up 25.3% compared to the same quarter last year. Equities research analysts forecast that EPR Properties will post $3.38 EPS for the current year.
The firm also recently declared a aug 17 dividend, which will be paid on Tuesday, August 15th. Investors of record on Monday, July 31st will be issued a $0.34 dividend. The ex-dividend date of this dividend is Thursday, July 27th. This represents a yield of 5.56%. EPR Properties’s payout ratio is 120.00%.
Several equities analysts have recently weighed in on EPR shares. Ladenburg Thalmann Financial Services reissued a “hold” rating on shares of EPR Properties in a research note on Wednesday, May 3rd. Zacks Investment Research downgraded shares of EPR Properties from a “buy” rating to a “hold” rating in a research note on Monday. BidaskClub raised shares of EPR Properties from a “sell” rating to a “hold” rating in a research note on Wednesday, July 19th. Finally, ValuEngine downgraded shares of EPR Properties from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. One equities research analyst has rated the stock with a sell rating and six have issued a hold rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $79.80.
In other EPR Properties news, Director Peter C. Brown sold 7,907 shares of the stock in a transaction that occurred on Tuesday, June 6th. The shares were sold at an average price of $71.49, for a total value of $565,271.43. Following the completion of the sale, the director now owns 4,578 shares of the company’s stock, valued at $327,281.22. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 1.50% of the company’s stock.
EPR Properties Company Profile
EPR Properties is a specialty real estate investment trust. The Company’s investment portfolio includes primarily entertainment, education and recreation properties. The Company’s segments include Entertainment, Education, Recreation and Other. The Entertainment segment consists of investments in megaplex theatres, entertainment retail centers, family entertainment centers and other retail parcels.
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