Carillon Tower Advisers Inc. Grows Stake in EPR Properties (EPR)
Carillon Tower Advisers Inc. grew its position in EPR Properties (NYSE:EPR) by 63.4% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 457,549 shares of the real estate investment trust’s stock after buying an additional 177,525 shares during the period. Carillon Tower Advisers Inc. owned 0.62% of EPR Properties worth $29,645,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Global X Management Co. LLC acquired a new stake in shares of EPR Properties during the first quarter worth $2,105,000. Wasatch Advisors Inc. grew its stake in shares of EPR Properties by 7.3% during the first quarter. Wasatch Advisors Inc. now owns 137,306 shares of the real estate investment trust’s stock worth $7,607,000 after purchasing an additional 9,293 shares during the period. NJ State Employees Deferred Compensation Plan grew its stake in shares of EPR Properties by 30.0% during the first quarter. NJ State Employees Deferred Compensation Plan now owns 26,000 shares of the real estate investment trust’s stock worth $1,440,000 after purchasing an additional 6,000 shares during the period. Rhumbline Advisers grew its stake in shares of EPR Properties by 7.0% during the first quarter. Rhumbline Advisers now owns 149,245 shares of the real estate investment trust’s stock worth $8,268,000 after purchasing an additional 9,797 shares during the period. Finally, Dupont Capital Management Corp grew its stake in shares of EPR Properties by 53.2% during the first quarter. Dupont Capital Management Corp now owns 49,853 shares of the real estate investment trust’s stock worth $2,762,000 after purchasing an additional 17,304 shares during the period. 91.75% of the stock is owned by institutional investors.
EPR has been the subject of a number of analyst reports. Citigroup lifted their price objective on EPR Properties from $60.00 to $65.00 and gave the stock a “neutral” rating in a research note on Thursday, August 2nd. Zacks Investment Research raised EPR Properties from a “sell” rating to a “hold” rating in a research note on Wednesday, May 2nd. ValuEngine cut EPR Properties from a “hold” rating to a “sell” rating in a research note on Wednesday, May 2nd. Stifel Nicolaus lifted their price objective on EPR Properties from $61.00 to $62.00 and gave the stock a “hold” rating in a research note on Wednesday, May 9th. Finally, Bank of America lifted their price objective on EPR Properties from $62.25 to $65.00 and gave the stock a “neutral” rating in a research note on Monday, July 16th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $70.56.
NYSE:EPR opened at $69.45 on Friday. EPR Properties has a 1 year low of $51.87 and a 1 year high of $72.32. The company has a quick ratio of 6.16, a current ratio of 6.16 and a debt-to-equity ratio of 1.03. The stock has a market capitalization of $5.20 billion, a price-to-earnings ratio of 13.80, a price-to-earnings-growth ratio of 4.77 and a beta of 0.49.
EPR Properties (NYSE:EPR) last posted its earnings results on Monday, July 30th. The real estate investment trust reported $1.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.86 by ($0.71). EPR Properties had a net margin of 38.00% and a return on equity of 8.63%. The business had revenue of $202.90 million during the quarter, compared to analyst estimates of $198.17 million. During the same period in the previous year, the firm posted $1.29 earnings per share. The firm’s revenue was up 37.3% on a year-over-year basis. equities research analysts anticipate that EPR Properties will post 6.02 earnings per share for the current year.
The firm also recently announced a aug 18 dividend, which will be paid on Monday, September 17th. Shareholders of record on Friday, August 31st will be paid a $0.36 dividend. The ex-dividend date of this dividend is Thursday, August 30th. This represents a yield of 6.18%. EPR Properties’s payout ratio is 86.06%.
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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