EPR Properties (NYSE:EPR) Shares Sold by Assetmark Inc.

Assetmark Inc. lowered its stake in shares of EPR Properties (NYSE:EPR) by 2.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 28,335 shares of the real estate investment trust’s stock after selling 658 shares during the quarter. Assetmark Inc.’s holdings in EPR Properties were worth $1,390,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of EPR. GAMMA Investing LLC lifted its position in EPR Properties by 262.2% in the second quarter. GAMMA Investing LLC now owns 594 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 430 shares during the period. Abich Financial Wealth Management LLC increased its stake in shares of EPR Properties by 1,725.0% during the 3rd 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 in the last quarter. V Square Quantitative Management LLC purchased a new position in EPR Properties during the third quarter worth $27,000. Blue Trust Inc. raised its stake in EPR Properties by 67.2% in the 3rd 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 last quarter. Finally, EntryPoint Capital LLC purchased a new position in shares of EPR Properties during the first quarter valued at approximately $47,000. Institutional investors and hedge funds own 74.66% of the company’s stock.

EPR Properties Stock Down 1.6 %

EPR stock opened at $44.22 on Friday. The company has a current ratio of 7.81, a quick ratio of 7.81 and a debt-to-equity ratio of 1.19. The firm has a 50 day simple moving average of $47.54 and a 200-day simple moving average of $44.55. The company has a market capitalization of $3.35 billion, a P/E ratio of 19.38 and a beta of 1.76. EPR Properties has a twelve month low of $39.65 and a twelve month high of $50.26.

EPR Properties Dividend Announcement

The business also recently disclosed a nov 24 dividend, which will be paid on Monday, December 16th. Shareholders of record on Friday, November 29th will be issued a dividend of $0.285 per share. EPR Properties’s dividend payout ratio is currently 148.05%.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on EPR. Royal Bank of Canada upgraded EPR Properties from a “sector perform” rating to an “outperform” rating and raised their price objective for the stock from $48.00 to $50.00 in a report on Monday, August 5th. StockNews.com cut EPR Properties from a “buy” rating to a “hold” rating in a report on Thursday, August 1st. Truist Financial increased their price objective on shares of EPR Properties from $44.00 to $46.00 and gave the stock a “hold” rating in a report on Friday, August 16th. JMP Securities restated a “market perform” rating on shares of EPR Properties in a report on Tuesday, September 24th. Finally, Wells Fargo & Company reaffirmed an “underweight” rating and set a $47.00 price target (up previously from $45.00) on shares of EPR Properties in a research note on Tuesday, October 1st. Two investment analysts have rated the stock with a sell rating, five have given a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $48.28.

Insider Transactions at EPR Properties

In other EPR Properties news, CAO Tonya L. Mater sold 1,000 shares of the stock in a transaction that occurred on Wednesday, August 21st. The stock was sold at an average price of $46.00, for a total transaction of $46,000.00. Following the transaction, the chief accounting officer now owns 42,710 shares of the company’s stock, valued at $1,964,660. This trade represents a 2.29 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 2.13% of the company’s stock.

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.