EPR Properties $EPR Stock Holdings Decreased by Ballast Asset Management LP

Ballast Asset Management LP decreased its stake in EPR Properties (NYSE:EPR) by 16.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 62,861 shares of the real estate investment trust’s stock after selling 12,030 shares during the period. Ballast Asset Management LP owned 0.08% of EPR Properties worth $3,528,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Quantinno Capital Management LP boosted its position in EPR Properties by 20.9% during the 1st quarter. Quantinno Capital Management LP now owns 1,572,738 shares of the real estate investment trust’s stock valued at $78,574,000 after purchasing an additional 272,335 shares during the period. Dimensional Fund Advisors LP increased its position in EPR Properties by 2.4% in the first quarter. Dimensional Fund Advisors LP now owns 1,131,680 shares of the real estate investment trust’s stock worth $56,537,000 after buying an additional 26,506 shares during the period. Bank of New York Mellon Corp increased its position in EPR Properties by 1.8% in the first quarter. Bank of New York Mellon Corp now owns 1,118,889 shares of the real estate investment trust’s stock worth $55,900,000 after buying an additional 19,785 shares during the period. Hsbc Holdings PLC lifted its stake in EPR Properties by 12.7% in the first quarter. Hsbc Holdings PLC now owns 335,470 shares of the real estate investment trust’s stock valued at $16,772,000 after buying an additional 37,710 shares during the last quarter. Finally, Wellington Management Group LLP lifted its stake in EPR Properties by 1.6% in the second quarter. Wellington Management Group LLP now owns 260,615 shares of the real estate investment trust’s stock valued at $15,118,000 after buying an additional 4,119 shares during the last quarter. Institutional investors own 74.66% of the company’s stock.

Insider Buying and Selling at EPR Properties

In related news, SVP Elizabeth Grace sold 4,200 shares of EPR Properties stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $60.57, for a total transaction of $254,394.00. Following the sale, the senior vice president directly owned 22,427 shares in the company, valued at $1,358,403.39. The trade was a 15.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.03% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research firms have recently commented on EPR. KeyCorp upgraded shares of EPR Properties from a “sector weight” rating to an “overweight” rating and set a $70.00 price target for the company in a research report on Wednesday, August 19th. Raymond James Financial reaffirmed an “outperform” rating and issued a $65.00 price objective on shares of EPR Properties in a report on Thursday, August 13th. JPMorgan Chase & Co. lifted their price objective on shares of EPR Properties from $62.00 to $65.00 and gave the company an “overweight” rating in a research report on Wednesday, September 9th. Citigroup reduced their target price on shares of EPR Properties from $65.00 to $63.00 and set a “neutral” rating for the company in a research note on Monday, November 2nd. Finally, Royal Bank Of Canada upped their target price on shares of EPR Properties from $61.00 to $64.00 and gave the stock a “sector perform” rating in a research report on Friday, August 7th. Eight investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $65.50.

EPR Properties Stock Up 2.9%

EPR opened at $61.25 on Tuesday. EPR Properties has a 12 month low of $48.36 and a 12 month high of $64.97. The company has a debt-to-equity ratio of 1.43, a current ratio of 8.42 and a quick ratio of 8.42. The stock has a market cap of $4.69 billion, a P/E ratio of 11.10, a P/E/G ratio of 2.28 and a beta of 1.05. The stock’s 50 day moving average price is $57.27 and its 200 day moving average price is $57.51.

EPR Properties (NYSE:EPR) last announced its earnings results on Wednesday, October 28th. The real estate investment trust reported $1.22 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.39. EPR Properties had a return on equity of 12.78% and a net margin of 38.83%. The firm had revenue of $204.10 million for the quarter, compared to the consensus estimate of $169.74 million. During the same quarter in the previous year, the business earned $1.37 EPS. The firm’s revenue for the quarter was up 12.0% on a year-over-year basis. As a group, research analysts predict that EPR Properties will post 5.38 earnings per share for the current year.

EPR Properties Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, December 15th. Investors of record on Monday, November 30th will be paid a dividend of $0.31 per share. This represents a $3.72 dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date is Monday, November 30th. EPR Properties’s payout ratio is currently 105.08%.

EPR Properties Company Profile

EPR Properties is a real estate investment trust focused on experiential properties—places where people gather for recreation, entertainment and education. The company invests in and leases properties to operators, generally through long-term agreements.

Its portfolio includes movie theaters, amusement and water parks, ski resorts, golf and other entertainment venues, and educational facilities such as private schools and early childhood education centers. EPR groups its investments into entertainment, recreation and education categories.

Founded in 1997 as Entertainment Properties Trust, the company later adopted the EPR Properties name.