QRG Capital Management Inc. Grows Stake in EPR Properties (NYSE:EPR)

QRG Capital Management Inc. grew its holdings in EPR Properties (NYSE:EPR) by 13.7% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 68,431 shares of the real estate investment trust’s stock after buying an additional 8,231 shares during the quarter. QRG Capital Management Inc. owned approximately 0.09% of EPR Properties worth $2,873,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Vermillion & White Wealth Management Group LLC purchased a new position in shares of EPR Properties in the 4th quarter valued at approximately $25,000. GAMMA Investing LLC lifted its stake 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 valued at $25,000 after purchasing an additional 430 shares during the period. Principal Securities Inc. purchased a new position in shares of EPR Properties in the 4th quarter valued at approximately $31,000. Mather Group LLC. purchased a new position in shares of EPR Properties in the 1st quarter valued at approximately $36,000. Finally, Abich Financial Wealth Management LLC lifted its stake in shares of EPR Properties by 53.7% in the 1st quarter. Abich Financial Wealth Management LLC now owns 902 shares of the real estate investment trust’s stock valued at $38,000 after purchasing an additional 315 shares during the period. Hedge funds and other institutional investors own 74.66% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on EPR shares. Royal Bank of Canada upgraded EPR Properties from a “sector perform” rating to an “outperform” rating and raised their target price for the company from $48.00 to $50.00 in a research note on Monday, August 5th. Bank of America cut EPR Properties from a “neutral” rating to an “underperform” rating and lowered their target price for the company from $45.00 to $40.00 in a research note on Monday, May 20th. StockNews.com cut EPR Properties from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. JMP Securities reiterated a “market perform” rating on shares of EPR Properties in a research note on Friday, June 14th. Finally, Stifel Nicolaus lifted their price objective on EPR Properties from $42.50 to $47.50 and gave the company a “hold” rating in a research note on Thursday, August 1st. Two research analysts have rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $47.50.

EPR Properties Stock Down 0.3 %

Shares of EPR Properties stock traded down $0.11 on Friday, reaching $43.50. The company’s stock had a trading volume of 364,014 shares, compared to its average volume of 627,663. The company has a market capitalization of $3.29 billion, a price-to-earnings ratio of 21.43 and a beta of 1.73. The firm’s fifty day simple moving average is $42.48 and its two-hundred day simple moving average is $42.12. EPR Properties has a 52 week low of $39.65 and a 52 week high of $49.10. The company has a quick ratio of 8.45, a current ratio of 11.12 and a debt-to-equity ratio of 1.16.

EPR Properties Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Thursday, August 15th. Shareholders of record on Wednesday, July 31st will be issued a $0.285 dividend. This represents a $3.42 dividend on an annualized basis and a dividend yield of 7.86%. The ex-dividend date is Wednesday, July 31st. EPR Properties’s payout ratio is 168.47%.

Insiders Place Their Bets

In other EPR Properties news, SVP Gwendolyn Mary Johnson sold 592 shares of EPR Properties stock in a transaction on Monday, August 5th. The stock was sold at an average price of $43.82, for a total value of $25,941.44. Following the completion of the sale, the senior vice president now owns 5,780 shares of the company’s stock, valued at approximately $253,279.60. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate 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.