Sunbelt Securities Inc. Invests $196,000 in EPR Properties (NYSE:EPR)

Sunbelt Securities Inc. bought a new position in EPR Properties (NYSE:EPR) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 4,000 shares of the real estate investment trust’s stock, valued at approximately $196,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Geode Capital Management LLC increased its stake in EPR Properties by 0.5% during the third quarter. Geode Capital Management LLC now owns 1,425,119 shares of the real estate investment trust’s stock worth $69,904,000 after acquiring an additional 7,429 shares during the last quarter. M&T Bank Corp grew its holdings in shares of EPR Properties by 11.1% during the 3rd quarter. M&T Bank Corp now owns 12,146 shares of the real estate investment trust’s stock worth $596,000 after purchasing an additional 1,218 shares during the period. Barclays PLC increased its position in EPR Properties by 14.6% during the 3rd quarter. Barclays PLC now owns 40,647 shares of the real estate investment trust’s stock worth $1,993,000 after purchasing an additional 5,184 shares in the last quarter. XTX Topco Ltd raised its holdings in EPR Properties by 157.8% in the third quarter. XTX Topco Ltd now owns 13,238 shares of the real estate investment trust’s stock valued at $649,000 after buying an additional 8,103 shares during the period. Finally, Stifel Financial Corp lifted its position in EPR Properties by 56.5% during the third quarter. Stifel Financial Corp now owns 24,714 shares of the real estate investment trust’s stock valued at $1,212,000 after buying an additional 8,922 shares in the last quarter. Institutional investors and hedge funds own 74.66% of the company’s stock.

EPR Properties Price Performance

Shares of EPR stock opened at $45.12 on Friday. The firm has a fifty day moving average of $46.05 and a two-hundred day moving average of $45.06. The firm has a market cap of $3.42 billion, a P/E ratio of 19.53 and a beta of 1.75. EPR Properties has a 1-year low of $39.65 and a 1-year high of $50.26. The company has a debt-to-equity ratio of 1.19, a current ratio of 7.81 and a quick ratio of 7.81.

EPR Properties Dividend Announcement

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

Analysts Set New Price Targets

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