Liberty Mutual Group Asset Management Inc. Grows Stock Position in EPR Properties (NYSE:EPR)

Liberty Mutual Group Asset Management Inc. boosted its position in EPR Properties (NYSE:EPR) by 34.9% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 65,327 shares of the real estate investment trust’s stock after buying an additional 16,897 shares during the period. Liberty Mutual Group Asset Management Inc. owned approximately 0.09% of EPR Properties worth $2,742,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of EPR. BNP Paribas Financial Markets lifted its holdings in shares of EPR Properties by 16.1% in the 4th quarter. BNP Paribas Financial Markets now owns 14,293 shares of the real estate investment trust’s stock valued at $692,000 after buying an additional 1,984 shares during the period. Norges Bank acquired a new stake in EPR Properties in the fourth quarter valued at $42,761,000. Franklin Resources Inc. boosted its position in shares of EPR Properties by 14.7% during the 4th quarter. Franklin Resources Inc. now owns 39,633 shares of the real estate investment trust’s stock worth $1,920,000 after purchasing an additional 5,091 shares in the last quarter. Hsbc Holdings PLC grew its stake in shares of EPR Properties by 14.7% during the 4th quarter. Hsbc Holdings PLC now owns 41,409 shares of the real estate investment trust’s stock worth $2,006,000 after purchasing an additional 5,317 shares during the period. Finally, Allianz Asset Management GmbH increased its holdings in shares of EPR Properties by 93.9% in the 4th quarter. Allianz Asset Management GmbH now owns 89,195 shares of the real estate investment trust’s stock valued at $4,321,000 after purchasing an additional 43,190 shares in the last quarter. 74.66% of the stock is owned by institutional investors and hedge funds.

EPR Properties Trading Down 1.1 %

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

EPR Properties Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, October 15th. Investors 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 yield of 7.03%. EPR Properties’s dividend payout ratio (DPR) is currently 168.47%.

Wall Street Analyst Weigh In

Several brokerages have weighed in on EPR. Truist Financial upped their target price on shares of EPR Properties from $44.00 to $46.00 and gave the stock a “hold” rating in a research report on Friday, August 16th. Wells Fargo & Company upped 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. Stifel Nicolaus boosted their target price on EPR Properties from $42.50 to $47.50 and gave the stock a “hold” rating in a research report on Thursday, August 1st. Raymond James upgraded EPR Properties from an “outperform” rating to a “strong-buy” rating and set a $54.00 price target for the company in a research report on Wednesday, August 21st. Finally, JMP Securities reiterated a “market perform” rating on shares of EPR Properties in a research report on Tuesday. Two research 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 company. According to data from MarketBeat.com, EPR Properties presently has an average rating of “Hold” and a consensus price target of $48.06.

Insiders Place Their Bets

In related news, CAO Tonya L. Mater sold 1,000 shares of the company’s stock in a transaction on Wednesday, August 21st. The stock was 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 $1,964,660. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, SVP Gwendolyn Mary Johnson sold 592 shares of the company’s stock in a transaction that occurred 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 transaction, the senior vice president now owns 5,780 shares of the company’s stock, valued at $253,279.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Tonya L. Mater sold 1,000 shares of EPR Properties stock in a transaction on Wednesday, August 21st. The shares were sold at an average price of $46.00, for a total transaction of $46,000.00. Following the completion of the transaction, the chief accounting officer now owns 42,710 shares in the company, valued at approximately $1,964,660. The disclosure for this sale can be found here. 2.13% of the stock is owned by corporate insiders.

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.