1620 Investment Advisors Inc. Boosts Stock Holdings in EPR Properties (NYSE:EPR)

1620 Investment Advisors Inc. increased its holdings in shares of EPR Properties (NYSE:EPR) by 2.3% during the third quarter, Holdings Channel.com reports. The firm owned 14,852 shares of the real estate investment trust’s stock after buying an additional 341 shares during the period. 1620 Investment Advisors Inc.’s holdings in EPR Properties were worth $728,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Nisa Investment Advisors LLC raised its position in shares of EPR Properties by 2.8% in the 2nd quarter. Nisa Investment Advisors LLC now owns 54,306 shares of the real estate investment trust’s stock worth $2,295,000 after acquiring an additional 1,484 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of EPR Properties by 1.0% during the 1st quarter. Vanguard Group Inc. now owns 11,366,416 shares of the real estate investment trust’s stock worth $482,504,000 after acquiring an additional 109,144 shares in the last quarter. Ontario Teachers Pension Plan Board lifted its position in EPR Properties by 47.1% during the first quarter. Ontario Teachers Pension Plan Board now owns 78,854 shares of the real estate investment trust’s stock valued at $3,347,000 after acquiring an additional 25,259 shares during the last quarter. LSV Asset Management grew its holdings in EPR Properties by 2.0% in the first quarter. LSV Asset Management now owns 1,134,354 shares of the real estate investment trust’s stock worth $48,153,000 after purchasing an additional 21,900 shares during the last quarter. Finally, Natixis increased its position in shares of EPR Properties by 188.4% during the first quarter. Natixis now owns 72,764 shares of the real estate investment trust’s stock worth $3,089,000 after purchasing an additional 47,534 shares in the last quarter. 74.66% of the stock is owned by hedge funds and other institutional investors.

EPR Properties Trading Up 1.5 %

Shares of EPR Properties stock opened at $47.54 on Thursday. The stock has a market cap of $3.60 billion, a PE ratio of 19.48 and a beta of 1.75. The firm has a fifty day moving average price of $47.99 and a 200 day moving average price of $44.23. EPR Properties has a 1 year low of $39.65 and a 1 year high of $50.26. The company has a debt-to-equity ratio of 1.16, a current ratio of 11.12 and a quick ratio of 11.12.

EPR Properties Dividend Announcement

The business also recently disclosed a oct 24 dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st will be issued a $0.285 dividend. The ex-dividend date of this dividend is Thursday, October 31st. This represents a dividend yield of 6.9%. EPR Properties’s dividend payout ratio (DPR) is presently 140.16%.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on EPR shares. StockNews.com lowered EPR Properties from a “buy” rating to a “hold” rating in a research report on Thursday, August 1st. JPMorgan Chase & Co. lifted their target price on shares of EPR Properties from $48.00 to $51.00 and gave the stock an “overweight” rating in a research note on Monday, September 9th. Wells Fargo & Company restated an “underweight” rating and set a $47.00 price target (up previously from $45.00) on shares of EPR Properties in a research note on Tuesday, October 1st. Royal Bank of Canada upgraded shares of EPR Properties from a “sector perform” rating to an “outperform” rating and lifted their price objective for the stock from $48.00 to $50.00 in a research note on Monday, August 5th. Finally, Truist Financial boosted their price objective on shares of EPR Properties from $44.00 to $46.00 and gave the company a “hold” rating in a report on Friday, August 16th. Two analysts have rated the stock with a sell rating, four have given a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $48.31.

Insider Activity

In other EPR Properties news, CAO Tonya L. Mater sold 1,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 21st. The stock was sold at an average price of $46.00, for a total value of $46,000.00. Following the completion of the transaction, the chief accounting officer now directly owns 42,710 shares of the company’s stock, valued at approximately $1,964,660. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In other EPR Properties news, SVP Gwendolyn Mary Johnson sold 592 shares of the company’s stock in a transaction dated Monday, August 5th. The shares were sold at an average price of $43.82, for a total value of $25,941.44. Following the completion of the transaction, the senior vice president now owns 5,780 shares in the company, valued at approximately $253,279.60. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Tonya L. Mater sold 1,000 shares of the firm’s stock in a transaction dated Wednesday, August 21st. The shares were sold at an average price of $46.00, for a total value of $46,000.00. Following the sale, the chief accounting officer now owns 42,710 shares in the company, valued at $1,964,660. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 2.13% of the company’s stock.

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.