Ontario Teachers Pension Plan Board Trims Stock Holdings in EPR Properties (NYSE:EPR)

Ontario Teachers Pension Plan Board reduced its holdings in shares of EPR Properties (NYSE:EPR) by 90.1% in the third quarter, according to its most recent filing with the SEC. The fund owned 6,691 shares of the real estate investment trust’s stock after selling 60,912 shares during the period. Ontario Teachers Pension Plan Board’s holdings in EPR Properties were worth $328,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. GAMMA Investing LLC lifted its position in shares of EPR Properties by 262.2% during the second quarter. GAMMA Investing LLC now owns 594 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 430 shares during the last quarter. Abich Financial Wealth Management LLC increased its stake in EPR Properties by 1,725.0% in the 3rd quarter. Abich Financial Wealth Management LLC now owns 511 shares of the real estate investment trust’s stock worth $25,000 after buying an additional 483 shares during the period. V Square Quantitative Management LLC bought a new stake in EPR Properties during the 3rd quarter valued at about $27,000. Blue Trust Inc. boosted its position 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 buying an additional 285 shares during the period. Finally, EntryPoint Capital LLC bought a new position in EPR Properties in the 1st quarter worth about $47,000. Hedge funds and other institutional investors own 74.66% of the company’s stock.

EPR Properties Trading Up 0.4 %

NYSE EPR opened at $45.00 on Friday. EPR Properties has a 52 week low of $39.65 and a 52 week high of $50.26. The company has a 50 day moving average price of $47.16 and a 200 day moving average price of $44.65. 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 cap of $3.41 billion, a PE ratio of 19.40 and a beta of 1.76.

EPR Properties Dividend Announcement

The firm also recently disclosed a nov 24 dividend, which will be paid on Monday, December 16th. Stockholders of record on Friday, November 29th will be issued a dividend of $0.285 per share. The ex-dividend date is Friday, November 29th. This represents a dividend yield of 7.8%. EPR Properties’s dividend payout ratio is presently 148.05%.

Analysts Set New Price Targets

Several research firms have recently weighed in on EPR. JPMorgan Chase & Co. lifted their price target on shares of 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 initiated coverage on EPR Properties in a research report on Thursday, November 14th. They set a “neutral” rating and a $48.00 price target on the stock. Truist Financial lifted their price objective on EPR Properties from $44.00 to $46.00 and gave the company a “hold” rating in a report on Friday, August 16th. JMP Securities reiterated a “market perform” rating on shares of EPR Properties in a report on Tuesday, September 24th. Finally, StockNews.com downgraded shares of EPR Properties from a “buy” rating to a “hold” rating in a research report on Thursday, August 1st. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, EPR Properties presently has an average rating of “Hold” and an average price target of $48.28.

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.