State Street Corp Sells 12,886 Shares of EPR Properties (NYSE:EPR)

State Street Corp cut its position in shares of EPR Properties (NYSE:EPR) by 0.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,827,642 shares of the real estate investment trust’s stock after selling 12,886 shares during the period. State Street Corp owned about 5.05% of EPR Properties worth $188,795,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. Charles Schwab Investment Management Inc. raised its position in shares of EPR Properties by 4.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,349,900 shares of the real estate investment trust’s stock valued at $66,199,000 after acquiring an additional 54,567 shares during the last quarter. Renaissance Technologies LLC grew its stake in EPR Properties by 23.3% in the 2nd quarter. Renaissance Technologies LLC now owns 1,177,586 shares of the real estate investment trust’s stock valued at $49,435,000 after buying an additional 222,800 shares during the last quarter. LSV Asset Management grew its position in shares of EPR Properties by 0.5% in the second quarter. LSV Asset Management now owns 1,139,494 shares of the real estate investment trust’s stock valued at $47,836,000 after purchasing an additional 5,140 shares during the last quarter. Dimensional Fund Advisors LP increased its position in EPR Properties by 5.1% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,106,593 shares of the real estate investment trust’s stock worth $46,454,000 after buying an additional 53,997 shares during the period. Finally, AQR Capital Management LLC raised its stake in EPR Properties by 64.1% in the 2nd quarter. AQR Capital Management LLC now owns 1,044,134 shares of the real estate investment trust’s stock worth $43,279,000 after purchasing an additional 407,767 shares in the last quarter. 74.66% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

EPR has been the subject of several analyst reports. JPMorgan Chase & Co. boosted their target price 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. Truist Financial lifted their price objective on EPR Properties from $44.00 to $46.00 and gave the stock a “hold” rating in a research note on Friday, August 16th. JMP Securities reaffirmed a “market perform” rating on shares of EPR Properties in a research report on Tuesday, September 24th. UBS Group initiated coverage on EPR Properties in a report on Thursday, November 14th. They set a “neutral” rating and a $48.00 price target on the stock. Finally, Raymond James upgraded 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 equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $48.28.

EPR Properties Stock Performance

NYSE EPR opened at $44.77 on Friday. 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 1.19, a current ratio of 7.81 and a quick ratio of 7.81. The company has a fifty day moving average price of $46.10 and a 200-day moving average price of $45.00. The firm has a market cap of $3.39 billion, a price-to-earnings ratio of 19.38 and a beta of 1.76.

EPR Properties Dividend Announcement

The firm also recently disclosed a dec 24 dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be paid a $0.285 dividend. EPR Properties’s dividend payout ratio (DPR) is presently 148.05%.

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.