EPR Properties (EPR) Coverage Initiated at SunTrust Banks

SunTrust Banks assumed coverage on shares of EPR Properties (NYSE:EPR) in a research report released on Tuesday, December 19th, Marketbeat.com reports. The brokerage issued a hold rating and a $69.00 price objective on the real estate investment trust’s stock. SunTrust Banks also issued estimates for EPR Properties’ Q4 2017 earnings at $1.43 EPS, FY2017 earnings at $5.17 EPS, Q1 2018 earnings at $1.35 EPS, Q2 2018 earnings at $1.35 EPS, Q3 2018 earnings at $1.35 EPS, Q4 2018 earnings at $1.37 EPS, FY2018 earnings at $5.42 EPS, FY2019 earnings at $5.56 EPS, FY2020 earnings at $5.69 EPS and FY2021 earnings at $5.91 EPS.

A number of other analysts also recently commented on EPR. KeyCorp restated a buy rating and issued a $80.00 target price on shares of EPR Properties in a research note on Friday, August 25th. BidaskClub upgraded EPR Properties from a sell rating to a hold rating in a research note on Saturday, August 26th. Ladenburg Thalmann Financial Services upgraded EPR Properties from a neutral rating to a buy rating and set a $76.00 target price on the stock in a research note on Monday, September 11th. Zacks Investment Research upgraded EPR Properties from a hold rating to a buy rating and set a $78.00 target price on the stock in a research note on Tuesday, October 3rd. Finally, B. Riley restated a neutral rating on shares of EPR Properties in a research note on Wednesday, November 1st. One analyst has rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the company’s stock. EPR Properties currently has a consensus rating of Hold and an average target price of $77.17.

Shares of EPR Properties (NYSE EPR) traded down $0.68 during mid-day trading on Tuesday, hitting $59.62. The stock had a trading volume of 409,684 shares, compared to its average volume of 503,534. The company has a quick ratio of 7.88, a current ratio of 7.88 and a debt-to-equity ratio of 1.03. The firm has a market capitalization of $4,390.00, a price-to-earnings ratio of 17.74, a PEG ratio of 2.01 and a beta of 0.57. EPR Properties has a fifty-two week low of $59.53 and a fifty-two week high of $77.70.

The firm also recently declared a dec 17 dividend, which will be paid on Monday, January 15th. Shareholders of record on Friday, December 29th will be given a dividend of $0.34 per share. The ex-dividend date of this dividend is Thursday, December 28th. This represents a yield of 6.25%. EPR Properties’s dividend payout ratio is currently 121.43%.

In other EPR Properties news, VP Tonya L. Mater sold 2,100 shares of the stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of $68.09, for a total transaction of $142,989.00. Following the transaction, the vice president now owns 28,929 shares in the company, valued at $1,969,775.61. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Craig L. Evans sold 14,000 shares of the firm’s stock in a transaction that occurred on Thursday, January 11th. The shares were sold at an average price of $60.03, for a total value of $840,420.00. Following the completion of the transaction, the senior vice president now owns 38,384 shares in the company, valued at approximately $2,304,191.52. The disclosure for this sale can be found here. Insiders have sold 25,459 shares of company stock worth $1,615,516 in the last quarter. 1.50% of the stock is currently owned by company insiders.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Pensionfund Sabic lifted its position in shares of EPR Properties by 26.9% in the fourth quarter. Pensionfund Sabic now owns 11,800 shares of the real estate investment trust’s stock valued at $772,000 after acquiring an additional 2,500 shares in the last quarter. Pensionfund DSM Netherlands lifted its position in shares of EPR Properties by 25.8% in the fourth quarter. Pensionfund DSM Netherlands now owns 29,300 shares of the real estate investment trust’s stock valued at $1,918,000 after acquiring an additional 6,000 shares in the last quarter. California Public Employees Retirement System lifted its position in shares of EPR Properties by 2.0% in the third quarter. California Public Employees Retirement System now owns 172,170 shares of the real estate investment trust’s stock valued at $12,007,000 after acquiring an additional 3,344 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of EPR Properties by 23.1% in the third quarter. Janney Montgomery Scott LLC now owns 11,594 shares of the real estate investment trust’s stock valued at $809,000 after purchasing an additional 2,178 shares during the last quarter. Finally, Vident Investment Advisory LLC acquired a new stake in shares of EPR Properties in the third quarter valued at approximately $249,000. Institutional investors and hedge funds own 88.47% of the company’s stock.

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EPR Properties Company Profile

EPR Properties is a specialty real estate investment trust. The Company’s investment portfolio includes primarily entertainment, education and recreation properties. The Company’s segments include Entertainment, Education, Recreation and Other. The Entertainment segment consists of investments in megaplex theatres, entertainment retail centers, family entertainment centers and other retail parcels.

Analyst Recommendations for EPR Properties (NYSE:EPR)

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