Harbor Capital Advisors Inc. Buys New Holdings in EPR Properties (NYSE:EPR)

Harbor Capital Advisors Inc. purchased a new position in shares of EPR Properties (NYSE:EPR) during the third quarter, HoldingsChannel reports. The firm purchased 1,583 shares of the real estate investment trust’s stock, valued at approximately $78,000.

Other institutional investors have also recently bought and sold shares of the company. GAMMA Investing LLC boosted its stake in shares of 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 acquiring an additional 430 shares during the period. Abich Financial Wealth Management LLC boosted its position in EPR Properties by 1,725.0% during the third quarter. Abich Financial Wealth Management LLC now owns 511 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 483 shares during the period. V Square Quantitative Management LLC acquired a new position in shares of EPR Properties in the third quarter valued at $27,000. Blue Trust Inc. raised its position in shares of EPR Properties by 67.2% in the third quarter. Blue Trust Inc. now owns 709 shares of the real estate investment trust’s stock valued at $35,000 after purchasing an additional 285 shares during the period. Finally, EntryPoint Capital LLC acquired a new stake in shares of EPR Properties during the 1st quarter worth about $47,000. Institutional investors and hedge funds own 74.66% of the company’s stock.

EPR Properties Stock Performance

EPR opened at $45.29 on Friday. The company has a debt-to-equity ratio of 1.19, a quick ratio of 7.81 and a current ratio of 7.81. EPR Properties has a 52-week low of $39.65 and a 52-week high of $50.26. The firm has a market cap of $3.43 billion, a P/E ratio of 19.61 and a beta of 1.76. The business’s fifty day moving average is $47.68 and its 200-day moving average is $44.43.

EPR Properties Dividend Announcement

The company also recently disclosed a oct 24 dividend, which will be paid on Friday, November 15th. Shareholders of record on Thursday, October 31st will be paid a dividend of $0.285 per share. The ex-dividend date of this dividend is Thursday, October 31st. This represents a yield of 6.9%. EPR Properties’s payout ratio is 148.05%.

Insider Buying and Selling at EPR Properties

In other news, CAO Tonya L. Mater sold 1,000 shares of the business’s 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 directly owns 42,710 shares in the company, valued at approximately $1,964,660. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 2.13% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. Stifel Nicolaus upped their price target on shares of EPR Properties from $42.50 to $47.50 and gave the company a “hold” rating in a research note on Thursday, August 1st. Raymond James upgraded EPR Properties from an “outperform” rating to a “strong-buy” rating and set a $54.00 target price on the stock in a research note on Wednesday, August 21st. Royal Bank of Canada upgraded EPR Properties from a “sector perform” rating to an “outperform” rating and boosted their price target for the company from $48.00 to $50.00 in a research note on Monday, August 5th. Wells Fargo & Company reaffirmed an “underweight” rating and issued a $47.00 price objective (up from $45.00) on shares of EPR Properties in a report on Tuesday, October 1st. Finally, Truist Financial lifted their target price on EPR Properties from $44.00 to $46.00 and gave the stock a “hold” rating in a report on Friday, August 16th. 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 currently has a consensus rating of “Hold” and a consensus price target of $48.31.

About EPR Properties

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.