Intech Investment Management LLC Sells 14,185 Shares of EPR Properties (NYSE:EPR)

Intech Investment Management LLC lowered its position in EPR Properties (NYSE:EPR) by 42.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,532 shares of the real estate investment trust’s stock after selling 14,185 shares during the quarter. Intech Investment Management LLC’s holdings in EPR Properties were worth $958,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of the company. GAMMA Investing LLC boosted its stake in EPR Properties by 38.9% in the third quarter. GAMMA Investing LLC now owns 825 shares of the real estate investment trust’s stock worth $40,000 after buying an additional 231 shares in the last quarter. Blue Trust Inc. lifted its position in 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 last quarter. Abich Financial Wealth Management LLC lifted its position in EPR Properties by 53.7% in the first quarter. Abich Financial Wealth Management LLC now owns 902 shares of the real estate investment trust’s stock valued at $38,000 after purchasing an additional 315 shares during the last quarter. Signaturefd LLC boosted its stake in shares of EPR Properties by 16.1% during the third quarter. Signaturefd LLC now owns 2,360 shares of the real estate investment trust’s stock valued at $116,000 after purchasing an additional 328 shares during the period. Finally, 1620 Investment Advisors Inc. boosted its stake in shares of EPR Properties by 2.3% during the third quarter. 1620 Investment Advisors Inc. now owns 14,852 shares of the real estate investment trust’s stock valued at $728,000 after purchasing an additional 341 shares during the period. Hedge funds and other institutional investors own 74.66% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Wells Fargo & Company reissued an “underweight” rating and set a $47.00 price objective (up previously from $45.00) on shares of EPR Properties in a research note on Tuesday, October 1st. 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 research note on Monday, September 9th. UBS Group began coverage on EPR Properties in a research note on Thursday, November 14th. They set a “neutral” rating and a $48.00 price objective for the company. Truist Financial lifted their price objective on EPR Properties from $44.00 to $46.00 and gave the stock a “hold” rating in a research report on Friday, August 16th. Finally, JMP Securities restated a “market perform” rating on shares of EPR Properties in a report on Tuesday, September 24th. Two research analysts have rated the stock with a sell rating, five have given a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $48.28.

EPR Properties Trading Up 1.2 %

NYSE EPR opened at $45.78 on Friday. The stock’s 50 day moving average is $46.84 and its 200 day moving average is $44.79. The company has a quick ratio of 7.81, a current ratio of 7.81 and a debt-to-equity ratio of 1.19. The firm has a market capitalization of $3.47 billion, a PE ratio of 19.82 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 firm also recently announced a nov 24 dividend, which will be paid on Monday, December 16th. Stockholders of record on Friday, November 29th will be given a $0.285 dividend. This represents a dividend yield of 7.8%. The ex-dividend date is Friday, November 29th. EPR Properties’s dividend payout ratio is presently 148.05%.

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.