Stifel Nicolaus Trims EPR Properties (EPR) Target Price to $61.00
EPR Properties (NYSE:EPR) had its target price lowered by Stifel Nicolaus from $76.00 to $61.00 in a research note issued to investors on Thursday, Marketbeat.com reports. Stifel Nicolaus currently has a hold rating on the real estate investment trust’s stock.
Several other research firms have also recently weighed in on EPR. B. Riley restated a neutral rating on shares of EPR Properties in a report on Wednesday, November 1st. Zacks Investment Research upgraded EPR Properties from a hold rating to a buy rating and set a $78.00 price target for the company in a report on Tuesday, November 7th. Ladenburg Thalmann Financial Services restated a buy rating on shares of EPR Properties in a report on Monday, November 13th. SunTrust Banks assumed coverage on EPR Properties in a report on Tuesday, December 19th. They set a hold rating and a $69.00 price target for the company. Finally, JPMorgan Chase & Co. cut EPR Properties from a neutral rating to an underweight rating in a report on Friday, December 15th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the company’s stock. EPR Properties has an average rating of Hold and a consensus price target of $72.00.
EPR Properties (EPR) traded up $0.81 during midday trading on Thursday, reaching $55.03. The company’s stock had a trading volume of 132,452 shares, compared to its average volume of 656,161. The stock has a market cap of $4,070.00, a PE ratio of 16.84, a PEG ratio of 1.84 and a beta of 0.46. The company has a debt-to-equity ratio of 1.03, a current ratio of 8.20 and a quick ratio of 8.20. EPR Properties has a fifty-two week low of $51.87 and a fifty-two week high of $76.90.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 15th. Stockholders of record on Wednesday, February 28th will be paid a $0.36 dividend. This represents a $1.44 annualized dividend and a dividend yield of 2.62%. This is a positive change from EPR Properties’s previous quarterly dividend of $0.32. The ex-dividend date is Tuesday, February 27th. EPR Properties’s dividend payout ratio (DPR) is presently 131.71%.
In other news, SVP Craig L. Evans sold 14,000 shares of the firm’s stock in a transaction that occurred on Thursday, January 11th. The stock was sold at an average price of $60.03, for a total value of $840,420.00. Following the completion of the sale, the senior vice president now directly owns 38,384 shares of the company’s stock, valued at approximately $2,304,191.52. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Michael L. Hirons sold 9,359 shares of the firm’s stock in a transaction that occurred on Monday, December 18th. The shares were sold at an average price of $67.54, for a total value of $632,106.86. The disclosure for this sale can be found here. 1.50% of the stock is owned by company insiders.
Several large investors have recently bought and sold shares of EPR. Itau Unibanco Holding S.A. lifted its stake in shares of EPR Properties by 102.6% in the 4th quarter. Itau Unibanco Holding S.A. now owns 2,308 shares of the real estate investment trust’s stock valued at $151,000 after purchasing an additional 1,169 shares during the last quarter. Lourd Capital LLC bought a new stake in shares of EPR Properties in the 4th quarter valued at approximately $203,000. Timber Hill LLC bought a new stake in shares of EPR Properties in the 3rd quarter valued at approximately $206,000. Csenge Advisory Group bought a new stake in shares of EPR Properties in the 3rd quarter valued at approximately $234,000. Finally, Vident Investment Advisory LLC bought a new stake in shares of EPR Properties in the 3rd quarter valued at approximately $249,000. 88.50% of the stock is owned by institutional investors and hedge funds.
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About EPR Properties
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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