Focus Partners Advisor Solutions LLC Buys 8,730 Shares of EPR Properties $EPR

Focus Partners Advisor Solutions LLC increased its holdings in EPR Properties (NYSE:EPR) by 192.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,266 shares of the real estate investment trust’s stock after acquiring an additional 8,730 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in EPR Properties were worth $773,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. QRG Capital Management Inc. raised its holdings in shares of EPR Properties by 15.0% in the 2nd quarter. QRG Capital Management Inc. now owns 93,541 shares of the real estate investment trust’s stock worth $5,450,000 after acquiring an additional 12,173 shares during the last quarter. Principal Financial Group Inc. raised its holdings in shares of EPR Properties by 0.4% in the 1st quarter. Principal Financial Group Inc. now owns 174,282 shares of the real estate investment trust’s stock worth $9,169,000 after acquiring an additional 699 shares during the last quarter. GAMMA Investing LLC raised its holdings in shares of EPR Properties by 66.0% in the 1st quarter. GAMMA Investing LLC now owns 1,871 shares of the real estate investment trust’s stock worth $98,000 after acquiring an additional 744 shares during the last quarter. Robeco Institutional Asset Management B.V. acquired a new stake in shares of EPR Properties in the 1st quarter worth about $325,000. Finally, Allianz Asset Management GmbH raised its holdings in shares of EPR Properties by 22.5% in the 2nd quarter. Allianz Asset Management GmbH now owns 402,075 shares of the real estate investment trust’s stock worth $23,425,000 after acquiring an additional 73,929 shares during the last quarter. Institutional investors and hedge funds own 74.66% of the company’s stock.

EPR Properties Stock Down 1.7%

EPR opened at $52.53 on Wednesday. The company has a 50 day moving average of $55.28 and a 200 day moving average of $54.92. The company has a market cap of $4.00 billion, a PE ratio of 25.88, a price-to-earnings-growth ratio of 3.77 and a beta of 1.28. EPR Properties has a 12 month low of $41.75 and a 12 month high of $61.24. The company has a current ratio of 7.77, a quick ratio of 7.77 and a debt-to-equity ratio of 1.20.

EPR Properties (NYSE:EPR) last released its quarterly earnings data on Wednesday, July 30th. The real estate investment trust reported $1.24 EPS for the quarter, missing the consensus estimate of $1.25 by ($0.01). The business had revenue of $150.35 million during the quarter, compared to the consensus estimate of $176.50 million. EPR Properties had a return on equity of 7.66% and a net margin of 25.28%.The firm’s quarterly revenue was up 3.7% on a year-over-year basis. During the same period last year, the business posted $1.22 earnings per share. On average, sell-side analysts expect that EPR Properties will post 4.65 EPS for the current year.

EPR Properties Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, November 17th. Shareholders of record on Friday, October 31st will be issued a $0.295 dividend. This represents a c) annualized dividend and a yield of 6.7%. The ex-dividend date of this dividend is Friday, October 31st. EPR Properties’s dividend payout ratio (DPR) is presently 174.38%.

Insider Buying and Selling

In other EPR Properties news, EVP Gregory E. Zimmerman sold 7,500 shares of the firm’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $58.12, for a total value of $435,900.00. Following the completion of the transaction, the executive vice president directly owned 81,377 shares of the company’s stock, valued at $4,729,631.24. This trade represents a 8.44% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Over the last ninety days, insiders have sold 22,500 shares of company stock valued at $1,248,075. 2.31% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Wall Street Zen upgraded shares of EPR Properties from a “hold” rating to a “buy” rating in a report on Saturday, September 13th. Raymond James Financial increased their price objective on shares of EPR Properties from $57.00 to $62.00 and gave the company a “strong-buy” rating in a research note on Tuesday, August 12th. KeyCorp lowered shares of EPR Properties from an “overweight” rating to a “sector weight” rating in a research note on Tuesday, August 19th. Stifel Nicolaus increased their price objective on shares of EPR Properties from $65.00 to $65.50 and gave the company a “buy” rating in a research note on Thursday, July 31st. Finally, Royal Bank Of Canada lowered shares of EPR Properties from an “outperform” rating to a “sector perform” rating and set a $58.00 price objective for the company. in a research note on Monday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $59.36.

EPR Properties 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.