Sigma Planning Corp Has $611,000 Holdings in EPR Properties (NYSE:EPR)

Posted by Defense World Staff on Aug 12th, 2023

Sigma Planning Corp increased its position in shares of EPR Properties (NYSE:EPR – Free Report) by 34.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,032 shares of the real estate investment trust’s stock after buying an additional 4,066 shares during the period. Sigma Planning Corp’s holdings in EPR Properties were worth $611,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in EPR. Lazard Asset Management LLC bought a new stake in EPR Properties in the 1st quarter valued at $28,000. EverSource Wealth Advisors LLC acquired a new position in shares of EPR Properties in the fourth quarter valued at $33,000. Raleigh Capital Management Inc. lifted its stake in shares of EPR Properties by 104.0% during the 4th quarter. Raleigh Capital Management Inc. now owns 928 shares of the real estate investment trust’s stock worth $35,000 after buying an additional 473 shares during the last quarter. Ahrens Investment Partners LLC acquired a new stake in shares of EPR Properties during the 1st quarter worth about $36,000. Finally, Spire Wealth Management boosted its holdings in shares of EPR Properties by 45.9% during the 4th quarter. Spire Wealth Management now owns 1,393 shares of the real estate investment trust’s stock worth $53,000 after buying an additional 438 shares during the period. 77.81% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

EPR has been the subject of several research reports. SpectralCast restated a “maintains” rating on shares of EPR Properties in a research report on Friday, June 30th. Truist Financial lifted their price target on EPR Properties from $45.00 to $48.00 in a report on Thursday, June 15th. Stifel Nicolaus upped their price objective on EPR Properties from $47.00 to $50.00 and gave the company a “hold” rating in a report on Friday, June 30th. Raymond James downgraded EPR Properties from a “strong-buy” rating to an “outperform” rating and set a $50.00 target price for the company. in a report on Friday, July 14th. Finally, JMP Securities restated a “market outperform” rating and issued a $54.00 price target on shares of EPR Properties in a research note on Monday, August 7th. Five equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, EPR Properties presently has an average rating of “Hold” and a consensus target price of $50.94.

Read Our Latest Analysis on EPR

EPR Properties Stock Performance

EPR opened at $42.82 on Friday. The firm has a market cap of $3.22 billion, a P/E ratio of 22.90, a price-to-earnings-growth ratio of 0.97 and a beta of 1.66. The business’s fifty day moving average is $45.10 and its 200-day moving average is $42.10. EPR Properties has a 52-week low of $33.92 and a 52-week high of $55.90. The company has a debt-to-equity ratio of 1.13, a quick ratio of 8.35 and a current ratio of 8.35.

EPR Properties Dividend Announcement

The company 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 $0.275 dividend. This represents a $3.30 annualized dividend and a yield of 7.71%. The ex-dividend date is Friday, July 28th. EPR Properties’s dividend payout ratio is currently 176.47%.

About EPR Properties

(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.