EPR Properties (NYSE:EPR) Shares Acquired by Penserra Capital Management LLC

Posted by Defense World Staff on Feb 27th, 2023

Penserra Capital Management LLC raised its holdings in shares of EPR Properties (NYSE:EPR – Get Rating) by 10.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,623 shares of the real estate investment trust’s stock after purchasing an additional 640 shares during the period. Penserra Capital Management LLC’s holdings in EPR Properties were worth $237,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in EPR. Raymond James Financial Services Advisors Inc. increased its position in shares of EPR Properties by 4.0% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 9,251 shares of the real estate investment trust’s stock worth $506,000 after purchasing an additional 356 shares in the last quarter. US Bancorp DE increased its position in shares of EPR Properties by 6.2% in the 1st quarter. US Bancorp DE now owns 6,103 shares of the real estate investment trust’s stock valued at $333,000 after acquiring an additional 356 shares during the period. Cambridge Investment Research Advisors Inc. increased its position in shares of EPR Properties by 16.8% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 10,577 shares of the real estate investment trust’s stock valued at $579,000 after acquiring an additional 1,523 shares during the period. Bank of Montreal Can increased its position in shares of EPR Properties by 987.9% in the 1st quarter. Bank of Montreal Can now owns 98,989 shares of the real estate investment trust’s stock valued at $5,547,000 after acquiring an additional 89,890 shares during the period. Finally, MetLife Investment Management LLC increased its position in shares of EPR Properties by 33.4% in the 1st quarter. MetLife Investment Management LLC now owns 48,362 shares of the real estate investment trust’s stock valued at $2,646,000 after acquiring an additional 12,111 shares during the period. 77.57% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

EPR has been the topic of several research reports. Raymond James cut their target price on EPR Properties from $48.00 to $45.00 and set a “strong-buy” rating on the stock in a research report on Monday, January 9th. StockNews.com lowered shares of EPR Properties from a “buy” rating to a “hold” rating in a report on Friday, January 13th. JPMorgan Chase & Co. raised shares of EPR Properties from an “underweight” rating to a “neutral” rating and set a $52.00 price target on the stock in a report on Friday, December 16th. Finally, Truist Financial lowered their price target on shares of EPR Properties from $57.00 to $45.00 in a report on Friday, December 16th. Four research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, EPR Properties currently has an average rating of “Moderate Buy” and a consensus price target of $50.33.

EPR Properties Trading Down 2.8 %

EPR stock opened at $40.93 on Monday. The company’s 50-day simple moving average is $40.40 and its 200-day simple moving average is $40.86. The company has a quick ratio of 7.42, a current ratio of 7.76 and a debt-to-equity ratio of 1.11. EPR Properties has a 52-week low of $34.58 and a 52-week high of $56.38. The firm has a market cap of $3.07 billion, a P/E ratio of 20.26, a PEG ratio of 0.98 and a beta of 1.67.

EPR Properties Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, March 15th. Stockholders of record on Tuesday, February 28th will be paid a dividend of $0.275 per share. This represents a $3.30 annualized dividend and a dividend yield of 8.06%. The ex-dividend date is Monday, February 27th. EPR Properties’s payout ratio is currently 163.37%.

About EPR Properties

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EPR Properties operates as a real estate investment trust. The firm engages in the development, finance and leasing of theaters, entertainment retail and family entertainment centers. It operates through the following segments: Experiential, Education, and Corporate/Unallocated. The Experiential segment includes investments in megaplex theaters, entertainment retail centers, family entertainment centers and other retail parcels.