Point72 DIFC Ltd Acquires New Stake in EPR Properties (NYSE:EPR)

Point72 DIFC Ltd bought a new stake in shares of EPR Properties (NYSE:EPR) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 6,388 shares of the real estate investment trust’s stock, valued at approximately $268,000.

Several other institutional investors also recently bought and sold shares of the company. Vermillion & White Wealth Management Group LLC purchased a new stake in shares of EPR Properties during the fourth quarter worth $25,000. GAMMA Investing LLC increased its holdings in EPR Properties by 262.2% during 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 period. Mather Group LLC. acquired a new stake in EPR Properties in the 1st quarter valued at about $36,000. Abich Financial Wealth Management LLC boosted 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 buying an additional 315 shares during the period. Finally, EntryPoint Capital LLC purchased a new position in shares of EPR Properties in the 1st quarter valued at about $47,000. 74.66% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on EPR shares. Raymond James raised shares of EPR Properties from an “outperform” rating to a “strong-buy” rating and set a $54.00 target price on the stock in a report on Wednesday, August 21st. Stifel Nicolaus lifted their price objective on shares of EPR Properties from $42.50 to $47.50 and gave the stock a “hold” rating in a research report on Thursday, August 1st. StockNews.com lowered EPR Properties from a “buy” rating to a “hold” rating in a report on Thursday, August 1st. Wells Fargo & Company lifted their price target on EPR Properties from $42.00 to $45.00 and gave the stock an “underweight” rating in a report on Monday, August 26th. Finally, JMP Securities reiterated a “market perform” rating on shares of EPR Properties in a report on Tuesday. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, EPR Properties has a consensus rating of “Hold” and an average target price of $48.06.

EPR Properties Stock Down 1.1 %

Shares of NYSE EPR opened at $48.64 on Friday. The business has a 50-day moving average price of $46.29 and a 200 day moving average price of $43.12. The stock has a market cap of $3.68 billion, a PE ratio of 23.96 and a beta of 1.75. The company has a quick ratio of 11.12, a current ratio of 11.12 and a debt-to-equity ratio of 1.16. EPR Properties has a 52-week low of $39.65 and a 52-week high of $50.26.

EPR Properties Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be given a dividend of $0.285 per share. The ex-dividend date is Monday, September 30th. This represents a $3.42 dividend on an annualized basis and a dividend yield of 7.03%. EPR Properties’s dividend payout ratio (DPR) is presently 168.47%.

Insider Activity

In related news, SVP Gwendolyn Mary Johnson sold 592 shares of the 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 completion of the sale, the senior vice president now owns 5,780 shares in the company, valued at approximately $253,279.60. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other EPR Properties news, SVP Gwendolyn Mary Johnson sold 592 shares of the company’s stock in a transaction that occurred on Monday, August 5th. The stock was sold at an average price of $43.82, for a total transaction of $25,941.44. Following the completion of the sale, the senior vice president now directly owns 5,780 shares of the company’s stock, valued at approximately $253,279.60. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Tonya L. Mater sold 1,000 shares of EPR Properties stock in a transaction that occurred 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 transaction, the chief accounting officer now owns 42,710 shares in the company, valued at $1,964,660. The disclosure for this sale can be found here. Corporate insiders own 2.13% of the company’s stock.

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.