Norges Bank acquired a new stake in EPR Properties (NYSE:EPR) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 789,786 shares of the real estate investment trust’s stock, valued at approximately $50,570,000. Norges Bank owned about 1.06% of EPR Properties as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also added to or reduced their stakes in EPR. Lindbrook Capital LLC acquired a new position in EPR Properties in the fourth quarter valued at approximately $25,000. Oregon Public Employees Retirement Fund raised its position in EPR Properties by 6,303.0% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 1,873,518 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 1,844,258 shares during the period. Bronfman E.L. Rothschild L.P. raised its position in EPR Properties by 195.6% in the fourth quarter. Bronfman E.L. Rothschild L.P. now owns 467 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 309 shares during the period. Pearl River Capital LLC purchased a new stake in EPR Properties in the fourth quarter valued at approximately $32,000. Finally, Capital Investment Advisory Services LLC purchased a new stake in EPR Properties in the fourth quarter valued at approximately $33,000. Hedge funds and other institutional investors own 84.66% of the company’s stock.

EPR has been the topic of a number of research analyst reports. JPMorgan Chase & Co. raised EPR Properties from an “underweight” rating to a “neutral” rating in a research report on Wednesday, December 19th. ValuEngine raised EPR Properties from a “hold” rating to a “buy” rating in a research report on Saturday, March 9th. Zacks Investment Research lowered EPR Properties from a “hold” rating to a “sell” rating in a research report on Wednesday, January 16th. Finally, Raymond James boosted their target price on EPR Properties from $76.00 to $80.00 and gave the company an “outperform” rating in a research report on Friday, March 22nd. One investment analyst has rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $72.75.

EPR Properties stock opened at $79.15 on Thursday. EPR Properties has a twelve month low of $52.80 and a twelve month high of $79.29. The company has a debt-to-equity ratio of 1.04, a quick ratio of 3.77 and a current ratio of 3.77. The firm has a market cap of $5.85 billion, a PE ratio of 12.98, a P/E/G ratio of 4.39 and a beta of 0.70.

The business also recently disclosed a monthly dividend, which will be paid on Monday, April 15th. Stockholders of record on Friday, March 29th will be given a dividend of $0.375 per share. This represents a $4.50 dividend on an annualized basis and a dividend yield of 5.69%. The ex-dividend date is Thursday, March 28th. EPR Properties’s dividend payout ratio is currently 73.77%.

In related news, SVP Michael L. Hirons sold 8,128 shares of the stock in a transaction on Thursday, February 14th. The stock was sold at an average price of $74.97, for a total value of $609,356.16. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Mark Alan Peterson sold 3,575 shares of the stock in a transaction on Tuesday, January 29th. The shares were sold at an average price of $72.02, for a total value of $257,471.50. The disclosure for this sale can be found here. Insiders have sold 15,563 shares of company stock worth $1,154,384 in the last ninety days. Corporate insiders own 1.36% of the company’s stock.

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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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