Sumitomo Mitsui Trust Holdings Inc. Buys 5,772 Shares of EPR Properties (NYSE:EPR)

Sumitomo Mitsui Trust Holdings Inc. increased its stake in shares of EPR Properties (NYSE:EPR) by 6.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 88,929 shares of the real estate investment trust’s stock after acquiring an additional 5,772 shares during the quarter. Sumitomo Mitsui Trust Holdings Inc. owned about 0.12% of EPR Properties worth $4,309,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of EPR. AE Wealth Management LLC acquired a new stake in EPR Properties during the third quarter worth $286,000. SG Americas Securities LLC boosted its stake in EPR Properties by 98.4% during the third quarter. SG Americas Securities LLC now owns 36,476 shares of the real estate investment trust’s stock worth $1,515,000 after buying an additional 18,087 shares in the last quarter. Impact Partnership Wealth LLC acquired a new stake in EPR Properties during the third quarter worth $143,000. BTC Capital Management Inc. acquired a new stake in EPR Properties during the third quarter worth $260,000. Finally, Oak Thistle LLC boosted its stake in EPR Properties by 160.4% during the third quarter. Oak Thistle LLC now owns 11,997 shares of the real estate investment trust’s stock worth $498,000 after buying an additional 7,389 shares in the last quarter. Institutional investors own 74.66% of the company’s stock.

Analysts Set New Price Targets

EPR has been the topic of a number of recent research reports. Royal Bank of Canada lifted their price target on shares of EPR Properties from $48.00 to $51.00 and gave the stock a “sector perform” rating in a research note on Thursday, January 11th. Raymond James boosted their target price on shares of EPR Properties from $50.00 to $54.00 and gave the company an “outperform” rating in a research note on Monday, January 8th. KeyCorp boosted their target price on shares of EPR Properties from $47.00 to $51.00 and gave the company an “overweight” rating in a research note on Friday, January 5th. Truist Financial reduced their target price on shares of EPR Properties from $51.00 to $46.00 and set a “hold” rating on the stock in a research note on Friday, March 22nd. Finally, StockNews.com downgraded shares of EPR Properties from a “buy” rating to a “hold” rating in a research note on Wednesday, January 17th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $48.05.

EPR Properties Stock Performance

EPR Properties stock opened at $41.13 on Wednesday. The stock has a 50-day simple moving average of $41.64 and a 200 day simple moving average of $43.89. The company has a quick ratio of 7.53, a current ratio of 7.53 and a debt-to-equity ratio of 1.15. EPR Properties has a 12-month low of $39.01 and a 12-month high of $49.10. The stock has a market capitalization of $3.11 billion, a price-to-earnings ratio of 20.88 and a beta of 1.65.

EPR Properties Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Wednesday, May 15th. Investors of record on Tuesday, April 30th will be issued a $0.285 dividend. The ex-dividend date of this dividend is Monday, April 29th. This represents a $3.42 dividend on an annualized basis and a dividend yield of 8.32%. EPR Properties’s dividend payout ratio is 173.60%.

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.