EPR Properties (NYSE:EPR) Shares Purchased by Ieq Capital LLC

Ieq Capital LLC lifted its holdings in shares of EPR Properties (NYSE:EPR) by 89.2% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 7,844 shares of the real estate investment trust’s stock after purchasing an additional 3,699 shares during the period. Ieq Capital LLC’s holdings in EPR Properties were worth $347,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of EPR. Charles Schwab Investment Management Inc. increased its stake in EPR Properties by 4.2% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,349,900 shares of the real estate investment trust’s stock valued at $66,199,000 after purchasing an additional 54,567 shares in the last quarter. International Assets Investment Management LLC acquired a new position in EPR Properties during the third quarter worth approximately $3,285,000. Algert Global LLC raised its holdings in shares of EPR Properties by 58.6% in the 3rd quarter. Algert Global LLC now owns 140,626 shares of the real estate investment trust’s stock worth $6,896,000 after purchasing an additional 51,980 shares during the period. Los Angeles Capital Management LLC lifted its position in EPR Properties by 19.0% during the third quarter. Los Angeles Capital Management LLC now owns 302,130 shares of the real estate investment trust’s stock valued at $14,816,000 after buying an additional 48,229 shares in the last quarter. Finally, Empowered Funds LLC purchased a new stake in shares of EPR Properties in the fourth quarter worth about $352,000. Institutional investors and hedge funds own 74.66% of the company’s stock.

EPR Properties Trading Up 1.5 %

EPR Properties stock opened at $52.06 on Friday. The company has a debt-to-equity ratio of 1.19, a quick ratio of 7.81 and a current ratio of 7.81. The firm has a market cap of $3.94 billion, a price-to-earnings ratio of 22.54 and a beta of 1.75. The firm’s 50 day moving average price is $46.66 and its two-hundred day moving average price is $46.58. EPR Properties has a 1 year low of $39.65 and a 1 year high of $53.59.

EPR Properties (NYSE:EPR) last released its quarterly earnings results on Wednesday, February 26th. The real estate investment trust reported $1.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.56. EPR Properties had a net margin of 28.87% and a return on equity of 8.22%. The business had revenue of $149.12 million for the quarter, compared to analyst estimates of $161.25 million. On average, research analysts predict that EPR Properties will post 4.65 EPS for the current fiscal year.

EPR Properties Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be paid a dividend of $0.295 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $3.54 dividend on an annualized basis and a dividend yield of 6.80%. This is a positive change from EPR Properties’s previous monthly dividend of $0.29. EPR Properties’s dividend payout ratio (DPR) is 148.05%.

Analyst Upgrades and Downgrades

A number of brokerages have commented on EPR. Stifel Nicolaus boosted their price objective on shares of EPR Properties from $51.00 to $52.00 and gave the stock a “hold” rating in a report on Thursday. UBS Group started coverage on EPR Properties in a report on Thursday, November 14th. They issued a “neutral” rating and a $48.00 price target on the stock. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $50.00 price target on shares of EPR Properties in a report on Thursday, January 30th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating, two have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $48.50.

EPR Properties Company Profile

EPR Properties (NYSE:EPR) is the leading diversified experiential net lease real estate investment trust (REIT), specializing in select enduring experiential properties in the real estate industry. We focus on real estate venues that create value by facilitating out of home leisure and recreation experiences where consumers choose to spend their discretionary time and money.