Midwest Professional Planners LTD. Purchases New Shares in EPR Properties (NYSE:EPR)

Midwest Professional Planners LTD. purchased a new stake in EPR Properties (NYSE:EPR) in the second quarter, Holdings Channel.com reports. The fund purchased 7,127 shares of the real estate investment trust’s stock, valued at approximately $375,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. raised its position in EPR Properties by 2.2% in the 1st quarter. Envestnet Asset Management Inc. now owns 10,701 shares of the real estate investment trust’s stock valued at $499,000 after buying an additional 226 shares during the last quarter. Virginia Retirement Systems ET AL increased its position in shares of EPR Properties by 4.2% during the 1st quarter. Virginia Retirement Systems ET AL now owns 7,500 shares of the real estate investment trust’s stock valued at $349,000 after purchasing an additional 300 shares during the last quarter. State of Michigan Retirement System increased its position in shares of EPR Properties by 1.8% during the 1st quarter. State of Michigan Retirement System now owns 27,729 shares of the real estate investment trust’s stock valued at $1,292,000 after purchasing an additional 500 shares during the last quarter. Advisor Group Holdings Inc. increased its position in shares of EPR Properties by 1.1% during the 2nd quarter. Advisor Group Holdings Inc. now owns 57,636 shares of the real estate investment trust’s stock valued at $3,037,000 after purchasing an additional 603 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund increased its position in shares of EPR Properties by 2.5% during the 2nd quarter. Oregon Public Employees Retirement Fund now owns 25,393 shares of the real estate investment trust’s stock valued at $1,338,000 after purchasing an additional 629 shares during the last quarter. 78.58% of the stock is owned by institutional investors and hedge funds.

Shares of EPR stock traded down $0.34 on Wednesday, hitting $48.17. 216 shares of the stock were exchanged, compared to its average volume of 735,539. The company has a current ratio of 9.35, a quick ratio of 9.35 and a debt-to-equity ratio of 1.16. The firm has a market capitalization of $3.60 billion, a PE ratio of -33.45, a P/E/G ratio of 0.70 and a beta of 1.85. EPR Properties has a one year low of $20.62 and a one year high of $56.07. The firm’s 50 day moving average is $50.81 and its two-hundred day moving average is $49.78.

EPR Properties (NYSE:EPR) last issued its earnings results on Tuesday, July 27th. The real estate investment trust reported $0.17 EPS for the quarter, missing the consensus estimate of $0.57 by ($0.40). EPR Properties had a negative return on equity of 3.18% and a negative net margin of 21.28%. The company had revenue of $125.36 million during the quarter, compared to the consensus estimate of $112.62 million. During the same quarter in the prior year, the business earned $0.44 EPS. The firm’s revenue for the quarter was up 17.9% compared to the same quarter last year. On average, sell-side analysts expect that EPR Properties will post 2.76 earnings per share for the current year.

The business also recently announced a monthly dividend, which will be paid on Wednesday, September 15th. Shareholders of record on Tuesday, August 31st will be paid a $0.25 dividend. The ex-dividend date of this dividend is Monday, August 30th. This represents a $3.00 annualized dividend and a yield of 6.23%. EPR Properties’s dividend payout ratio is currently 158.73%.

Several equities research analysts have recently issued reports on EPR shares. Stifel Nicolaus raised their target price on EPR Properties from $49.00 to $55.00 and gave the company a “hold” rating in a research report on Wednesday, July 14th. Citigroup raised EPR Properties from a “sell” rating to a “neutral” rating in a research report on Thursday, July 1st. Royal Bank of Canada raised their target price on EPR Properties from $49.00 to $52.00 and gave the company a “sector perform” rating in a research report on Friday, August 20th. Finally, Raymond James upgraded EPR Properties from a “market perform” rating to a “strong-buy” rating and set a $62.00 price target for the company in a research note on Tuesday, June 1st. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, one has issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $47.00.

EPR Properties Company Profile

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

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Institutional Ownership by Quarter for EPR Properties (NYSE:EPR)

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