abrdn plc Acquires 9,360 Shares of EPR Properties (NYSE:EPR)

abrdn plc raised its stake in shares of EPR Properties (NYSE:EPR) by 59.5% during the 4th quarter, Holdings Channel.com reports. The fund owned 25,097 shares of the real estate investment trust’s stock after purchasing an additional 9,360 shares during the quarter. abrdn plc’s holdings in EPR Properties were worth $1,111,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in the stock. BTC Capital Management Inc. raised its holdings in shares of EPR Properties by 11.7% during the fourth quarter. BTC Capital Management Inc. now owns 7,577 shares of the real estate investment trust’s stock valued at $336,000 after purchasing an additional 795 shares during the last quarter. EMC Capital Management grew its position in EPR Properties by 557.7% in the 4th quarter. EMC Capital Management now owns 8,800 shares of the real estate investment trust’s stock worth $390,000 after purchasing an additional 7,462 shares during the period. Highland Capital Management LLC raised its stake in EPR Properties by 6.6% during the 4th quarter. Highland Capital Management LLC now owns 5,610 shares of the real estate investment trust’s stock valued at $248,000 after buying an additional 349 shares during the last quarter. Sound Stewardship LLC purchased a new stake in EPR Properties during the 4th quarter valued at $216,000. Finally, KBC Group NV lifted its holdings in shares of EPR Properties by 89.0% during the 4th quarter. KBC Group NV now owns 3,753 shares of the real estate investment trust’s stock valued at $166,000 after buying an additional 1,767 shares during the period. Hedge funds and other institutional investors own 74.66% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently commented on EPR shares. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $50.00 price objective on shares of EPR Properties in a report on Thursday, January 30th. UBS Group initiated coverage on EPR Properties in a research note on Thursday, November 14th. They set a “neutral” rating and a $48.00 price target for the company. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $47.94.

EPR Properties Stock Performance

NYSE:EPR opened at $47.64 on Tuesday. The company has a debt-to-equity ratio of 1.19, a quick ratio of 7.81 and a current ratio of 7.81. The stock has a 50-day simple moving average of $45.40 and a two-hundred day simple moving average of $46.15. The firm has a market capitalization of $3.61 billion, a PE ratio of 20.62 and a beta of 1.75. EPR Properties has a 52-week low of $39.65 and a 52-week high of $50.26.

EPR Properties Announces Dividend

The business also recently disclosed a jan 25 dividend, which will be paid on Tuesday, February 18th. Investors of record on Friday, January 31st will be paid a dividend of $0.285 per share. The ex-dividend date of this dividend is Friday, January 31st. This represents a dividend yield of 7.5%. EPR Properties’s dividend payout ratio (DPR) is presently 148.05%.

EPR Properties Company 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.