EPR Properties’ (EPR) “Outperform” Rating Reaffirmed at Royal Bank of Canada

Royal Bank of Canada reaffirmed their outperform rating on shares of EPR Properties (NYSE:EPR) in a report issued on Thursday morning,Benzinga reports. The brokerage currently has a $50.00 price target on the real estate investment trust’s stock.

Separately, UBS Group began coverage on EPR Properties in a research note on Thursday, November 14th. They set a “neutral” rating and a $48.00 target price for the company. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $47.94.

EPR Properties Stock Performance

EPR opened at $46.60 on Thursday. The business has a 50 day moving average price of $45.18 and a two-hundred day moving average price of $46.00. 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 market capitalization of $3.53 billion, a price-to-earnings ratio of 20.17 and a beta of 1.75. EPR Properties has a 1-year low of $39.65 and a 1-year high of $50.26.

EPR Properties Announces Dividend

The firm also recently announced a jan 25 dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Friday, January 31st will be given a $0.285 dividend. The ex-dividend date is Friday, January 31st. This represents a dividend yield of 7.5%. EPR Properties’s dividend payout ratio (DPR) is presently 148.05%.

Institutional Investors Weigh In On EPR Properties

Several hedge funds have recently bought and sold shares of EPR. Principal Securities Inc. increased its holdings in shares of EPR Properties by 54.5% in the 4th quarter. Principal Securities Inc. now owns 1,296 shares of the real estate investment trust’s stock valued at $57,000 after purchasing an additional 457 shares during the period. Blue Trust Inc. lifted its position in EPR Properties by 413.4% in the 4th quarter. Blue Trust Inc. now owns 3,640 shares of the real estate investment trust’s stock worth $161,000 after buying an additional 2,931 shares in the last quarter. Asset Management One Co. Ltd. boosted its stake in shares of EPR Properties by 2.3% during the 4th quarter. Asset Management One Co. Ltd. now owns 110,474 shares of the real estate investment trust’s stock valued at $4,850,000 after buying an additional 2,443 shares during the period. Van ECK Associates Corp grew its holdings in shares of EPR Properties by 10.2% during the 4th quarter. Van ECK Associates Corp now owns 14,258 shares of the real estate investment trust’s stock valued at $631,000 after acquiring an additional 1,321 shares in the last quarter. Finally, Focus Financial Network Inc. increased its stake in shares of EPR Properties by 12.4% in the fourth quarter. Focus Financial Network Inc. now owns 21,022 shares of the real estate investment trust’s stock worth $931,000 after acquiring an additional 2,321 shares during the last quarter. 74.66% of the stock is owned by hedge funds and other institutional investors.

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.