233,631 Shares in EPR Properties (NYSE:EPR) Purchased by Mirae Asset Global Investments Co. Ltd.

Posted by Defense World Staff on Aug 8th, 2023

Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of EPR Properties (NYSE:EPR – Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 233,631 shares of the real estate investment trust’s stock, valued at approximately $8,901,000. Mirae Asset Global Investments Co. Ltd. owned about 0.31% of EPR Properties as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Lazard Asset Management LLC acquired a new stake in EPR Properties in the 1st quarter valued at about $28,000. EverSource Wealth Advisors LLC acquired a new stake in EPR Properties in the 4th quarter valued at about $33,000. Raleigh Capital Management Inc. raised its holdings in EPR Properties by 104.0% in the 4th quarter. Raleigh Capital Management Inc. now owns 928 shares of the real estate investment trust’s stock valued at $35,000 after acquiring an additional 473 shares during the last quarter. Ahrens Investment Partners LLC acquired a new stake in EPR Properties in the 1st quarter valued at about $36,000. Finally, Spire Wealth Management raised its holdings in EPR Properties by 45.9% in the 4th quarter. Spire Wealth Management now owns 1,393 shares of the real estate investment trust’s stock valued at $53,000 after acquiring an additional 438 shares during the last quarter. Institutional investors and hedge funds own 77.81% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have commented on EPR. Stifel Nicolaus increased their price objective on shares of EPR Properties from $47.00 to $50.00 and gave the company a “hold” rating in a report on Friday, June 30th. SpectralCast reissued a “maintains” rating on shares of EPR Properties in a research note on Friday, June 30th. Truist Financial increased their price target on shares of EPR Properties from $45.00 to $48.00 in a research note on Thursday, June 15th. 58.com reissued a “maintains” rating on shares of EPR Properties in a research note on Friday, June 30th. Finally, Citigroup increased their price target on shares of EPR Properties from $40.00 to $49.50 and gave the company a “neutral” rating in a research note on Friday, June 30th. Five equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $50.94.

View Our Latest Stock Analysis on EPR Properties

EPR Properties Price Performance

EPR Properties stock opened at $43.64 on Tuesday. The firm has a market cap of $3.29 billion, a PE ratio of 23.34, a price-to-earnings-growth ratio of 0.99 and a beta of 1.66. EPR Properties has a 52-week low of $33.92 and a 52-week high of $55.90. The company has a quick ratio of 8.35, a current ratio of 8.35 and a debt-to-equity ratio of 1.13. The company’s 50 day moving average is $44.97 and its two-hundred day moving average is $42.04.

EPR Properties Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, August 15th. Shareholders of record on Monday, July 31st will be issued a dividend of $0.275 per share. The ex-dividend date is Friday, July 28th. This represents a $3.30 dividend on an annualized basis and a yield of 7.56%. EPR Properties’s dividend payout ratio (DPR) is presently 176.47%.

EPR Properties Company Profile

(Free Report)

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.