Victory Capital Management Inc. Sells 28,878 Shares of EPR Properties (NYSE:EPR)

Victory Capital Management Inc. cut its stake in shares of EPR Properties (NYSE:EPR) by 64.9% during the 2nd quarter, Holdings Channel.com reports. The firm owned 15,592 shares of the real estate investment trust’s stock after selling 28,878 shares during the quarter. Victory Capital Management Inc.’s holdings in EPR Properties were worth $655,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Retirement Systems of Alabama grew its stake in shares of EPR Properties by 0.3% during the first quarter. Retirement Systems of Alabama now owns 94,594 shares of the real estate investment trust’s stock valued at $4,016,000 after buying an additional 249 shares during the last quarter. Abich Financial Wealth Management LLC lifted its holdings in EPR Properties by 53.7% during the first quarter. Abich Financial Wealth Management LLC now owns 902 shares of the real estate investment trust’s stock worth $38,000 after buying an additional 315 shares during the period. Treasurer of the State of North Carolina lifted its holdings in EPR Properties by 1.0% during the fourth quarter. Treasurer of the State of North Carolina now owns 32,910 shares of the real estate investment trust’s stock worth $1,594,000 after buying an additional 320 shares during the period. Panagora Asset Management Inc. lifted its holdings in EPR Properties by 6.9% during the fourth quarter. Panagora Asset Management Inc. now owns 5,896 shares of the real estate investment trust’s stock worth $286,000 after buying an additional 383 shares during the period. Finally, State of Michigan Retirement System lifted its holdings in EPR Properties by 2.2% during the first quarter. State of Michigan Retirement System now owns 18,489 shares of the real estate investment trust’s stock worth $785,000 after buying an additional 400 shares during the period. 74.66% of the stock is currently owned by hedge funds and other institutional investors.

EPR Properties Trading Down 0.0 %

Shares of EPR opened at $48.71 on Monday. The company has a current ratio of 11.12, a quick ratio of 11.12 and a debt-to-equity ratio of 1.16. The firm’s 50-day moving average is $45.97 and its two-hundred day moving average is $42.98. EPR Properties has a twelve month low of $39.65 and a twelve month high of $49.63. The firm has a market capitalization of $3.69 billion, a P/E ratio of 24.00 and a beta of 1.75.

EPR Properties Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be issued a $0.285 dividend. This represents a $3.42 annualized dividend and a dividend yield of 7.02%. The ex-dividend date of this dividend is Monday, September 30th. EPR Properties’s dividend payout ratio (DPR) is presently 168.47%.

Insider Buying and Selling at EPR Properties

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

Analyst Ratings Changes

Several analysts have recently commented on EPR shares. JPMorgan Chase & Co. increased their price objective on EPR Properties from $48.00 to $51.00 and gave the company an “overweight” rating in a report on Monday, September 9th. StockNews.com lowered EPR Properties from a “buy” rating to a “hold” rating in a report on Thursday, August 1st. Wells Fargo & Company increased their price objective on EPR Properties from $42.00 to $45.00 and gave the company an “underweight” rating in a report on Monday, August 26th. Raymond James raised EPR Properties from an “outperform” rating to a “strong-buy” rating and set a $54.00 target price on the stock in a research report on Wednesday, August 21st. Finally, Stifel Nicolaus upped their target price on EPR Properties from $42.50 to $47.50 and gave the company a “hold” rating in a research report on Thursday, August 1st. 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 given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $48.06.

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.