Heitman Real Estate Securities LLC Cuts Stake in EPR Properties (NYSE:EPR)

Heitman Real Estate Securities LLC trimmed its position in shares of EPR Properties (NYSE:EPR) by 2.0% in the third quarter, Holdings Channel.com reports. The firm owned 17,147 shares of the real estate investment trust’s stock after selling 348 shares during the period. Heitman Real Estate Securities LLC’s holdings in EPR Properties were worth $525,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. GAMMA Investing LLC increased its position in shares of EPR Properties by 262.2% in the 2nd quarter. GAMMA Investing LLC now owns 594 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 430 shares during the last quarter. Abich Financial Wealth Management LLC raised its holdings in shares of EPR Properties by 1,725.0% during the third quarter. Abich Financial Wealth Management LLC now owns 511 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 483 shares during the last quarter. V Square Quantitative Management LLC acquired a new position in EPR Properties during the 3rd quarter worth $27,000. Brooklyn Investment Group acquired a new stake in EPR Properties in the third quarter worth about $27,000. Finally, Blue Trust Inc. lifted its position in EPR Properties by 67.2% in the third quarter. Blue Trust Inc. now owns 709 shares of the real estate investment trust’s stock worth $35,000 after purchasing an additional 285 shares during the period. 74.66% of the stock is currently owned by institutional investors and hedge funds.

EPR Properties Price Performance

Shares of EPR opened at $45.28 on Tuesday. The stock has a 50 day simple moving average of $46.69 and a 200 day simple moving average of $44.85. The company has a debt-to-equity ratio of 1.19, a quick ratio of 7.81 and a current ratio of 7.81. EPR Properties has a 52-week low of $39.65 and a 52-week high of $50.26. The firm has a market capitalization of $3.43 billion, a PE ratio of 19.60 and a beta of 1.76.

EPR Properties Announces Dividend

The company also recently declared a nov 24 dividend, which will be paid on Monday, December 16th. Shareholders of record on Friday, November 29th will be given a dividend of $0.285 per share. This represents a yield of 7.8%. The ex-dividend date of this dividend is Friday, November 29th. EPR Properties’s dividend payout ratio (DPR) is currently 148.05%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. JPMorgan Chase & Co. raised their price objective on shares of EPR Properties from $48.00 to $51.00 and gave the company an “overweight” rating in a research report on Monday, September 9th. JMP Securities reiterated a “market perform” rating on shares of EPR Properties in a report on Tuesday, September 24th. Royal Bank of Canada upgraded EPR Properties from a “sector perform” rating to an “outperform” rating and boosted their target price for the stock from $48.00 to $50.00 in a report on Monday, August 5th. Wells Fargo & Company reaffirmed an “underweight” rating and issued a $47.00 price target (up from $45.00) on shares of EPR Properties in a research report on Tuesday, October 1st. Finally, Raymond James upgraded shares of EPR Properties from an “outperform” rating to a “strong-buy” rating and set a $54.00 target price for the company in a research note on Wednesday, August 21st. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $48.28.

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.