World Investment Advisors LLC Makes New Investment in EPR Properties (NYSE:EPR)

World Investment Advisors LLC purchased a new position in EPR Properties (NYSE:EPR) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 10,537 shares of the real estate investment trust’s stock, valued at approximately $517,000.

Several other hedge funds have also added to or reduced their stakes in EPR. Nisa Investment Advisors LLC raised its stake in shares of EPR Properties by 2.8% during the second quarter. Nisa Investment Advisors LLC now owns 54,306 shares of the real estate investment trust’s stock valued at $2,295,000 after acquiring an additional 1,484 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of EPR Properties by 4.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,349,900 shares of the real estate investment trust’s stock valued at $66,199,000 after acquiring an additional 54,567 shares during the last quarter. Texas Permanent School Fund Corp raised its stake in shares of EPR Properties by 36.7% during the second quarter. Texas Permanent School Fund Corp now owns 90,099 shares of the real estate investment trust’s stock valued at $3,782,000 after acquiring an additional 24,172 shares during the last quarter. International Assets Investment Management LLC purchased a new position in shares of EPR Properties during the third quarter valued at about $3,285,000. Finally, Algert Global LLC increased its position in shares of EPR Properties by 58.6% during the third quarter. Algert Global LLC now owns 140,626 shares of the real estate investment trust’s stock valued at $6,896,000 after buying an additional 51,980 shares during the period. 74.66% of the stock is owned by institutional investors.

EPR Properties Price Performance

Shares of EPR opened at $44.89 on Wednesday. The stock has a market cap of $3.40 billion, a PE ratio of 19.43 and a beta of 1.75. The company has a debt-to-equity ratio of 1.19, a quick ratio of 7.81 and a current ratio of 7.81. EPR Properties has a fifty-two week low of $39.65 and a fifty-two week high of $50.26. The firm’s 50-day simple moving average is $45.94 and its two-hundred day simple moving average is $45.15.

EPR Properties Announces Dividend

The company also recently declared a dec 24 dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be issued a dividend of $0.285 per share. This represents a dividend yield of 7.6%. The ex-dividend date of this dividend is Tuesday, December 31st. EPR Properties’s payout ratio is 148.05%.

Wall Street Analysts Forecast Growth

EPR has been the topic of several research analyst reports. Raymond James upgraded shares of EPR Properties from an “outperform” rating to a “strong-buy” rating and set a $54.00 price target on the stock in a research report on Wednesday, August 21st. Wells Fargo & Company reiterated an “underweight” rating and set a $47.00 price target (up previously from $45.00) on shares of EPR Properties in a research report on Tuesday, October 1st. JMP Securities reiterated a “market perform” rating on shares of EPR Properties in a research report on Tuesday, September 24th. JPMorgan Chase & Co. boosted their price target on shares of EPR Properties from $48.00 to $51.00 and gave the company an “overweight” rating in a research report on Monday, September 9th. Finally, UBS Group initiated coverage on shares of EPR Properties in a research report on Thursday, November 14th. They set a “neutral” rating and a $48.00 price target on the stock. Two analysts have rated the stock with a sell rating, five have assigned a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, EPR Properties currently has an average rating of “Hold” and an average price target of $48.28.

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.