EPR Properties (EPR) Raised to Hold at BidaskClub
BidaskClub upgraded shares of EPR Properties (NYSE:EPR) from a sell rating to a hold rating in a report released on Saturday.
A number of other research analysts also recently issued reports on EPR. Ladenburg Thalmann Financial Services restated a hold rating on shares of EPR Properties in a research note on Wednesday, May 3rd. ValuEngine downgraded EPR Properties from a buy rating to a hold rating in a research note on Friday, June 2nd. Zacks Investment Research downgraded EPR Properties from a hold rating to a sell rating in a research note on Monday, June 5th. Finally, KeyCorp restated a buy rating and issued a $80.00 price objective on shares of EPR Properties in a research note on Friday. Six equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The stock has an average rating of Hold and an average target price of $79.80.
Shares of EPR Properties (NYSE EPR) opened at 68.90 on Friday. EPR Properties has a 52 week low of $65.50 and a 52 week high of $81.00. The firm has a market capitalization of $5.08 billion, a PE ratio of 20.18 and a beta of 0.57. The stock has a 50 day moving average of $70.23 and a 200-day moving average of $72.49.
EPR Properties (NYSE:EPR) last announced its quarterly earnings results on Thursday, August 3rd. The real estate investment trust reported $1.29 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.24 by $0.05. EPR Properties had a return on equity of 10.51% and a net margin of 46.90%. The business had revenue of $147.80 million during the quarter, compared to the consensus estimate of $138.07 million. During the same quarter in the prior year, the company posted $1.17 earnings per share. EPR Properties’s revenue was up 25.3% compared to the same quarter last year. Equities analysts anticipate that EPR Properties will post $3.38 earnings per share for the current fiscal year.
The firm also recently disclosed a aug 17 dividend, which will be paid on Friday, September 15th. Shareholders of record on Thursday, August 31st will be paid a $0.34 dividend. The ex-dividend date is Tuesday, August 29th. This represents a yield of 6.06%. EPR Properties’s dividend payout ratio (DPR) is presently 120.00%.
In other EPR Properties news, Director Peter C. Brown sold 7,907 shares of the company’s stock in a transaction on Tuesday, June 6th. The stock was sold at an average price of $71.49, for a total value of $565,271.43. Following the completion of the transaction, the director now owns 4,578 shares in the company, valued at approximately $327,281.22. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.50% of the stock is owned by corporate insiders.
Several hedge funds and other institutional investors have recently modified their holdings of EPR. State Treasurer State of Michigan boosted its position in shares of EPR Properties by 1.6% in the first quarter. State Treasurer State of Michigan now owns 26,000 shares of the real estate investment trust’s stock worth $1,914,000 after buying an additional 400 shares in the last quarter. Willingdon Wealth Management boosted its position in shares of EPR Properties by 17.6% in the first quarter. Willingdon Wealth Management now owns 70,918 shares of the real estate investment trust’s stock worth $5,222,000 after buying an additional 10,604 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its position in shares of EPR Properties by 4.6% in the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 10,143 shares of the real estate investment trust’s stock worth $747,000 after buying an additional 447 shares in the last quarter. Oregon Public Employees Retirement Fund boosted its position in shares of EPR Properties by 1.4% in the first quarter. Oregon Public Employees Retirement Fund now owns 22,259 shares of the real estate investment trust’s stock worth $1,639,000 after buying an additional 300 shares in the last quarter. Finally, DUPONT CAPITAL MANAGEMENT Corp boosted its position in shares of EPR Properties by 14.1% in the first quarter. DUPONT CAPITAL MANAGEMENT Corp now owns 36,978 shares of the real estate investment trust’s stock worth $2,723,000 after buying an additional 4,559 shares in the last quarter. 86.50% of the stock is currently owned by hedge funds and other institutional investors.
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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