EPR Properties (NYSE:EPR) Shares Gap Down to $42.57

EPR Properties (NYSE:EPR)’s share price gapped down prior to trading on Monday . The stock had previously closed at $42.57, but opened at $41.69. EPR Properties shares last traded at $41.81, with a volume of 133,257 shares.

Wall Street Analyst Weigh In

EPR has been the topic of a number of recent research reports. Bank of America downgraded shares of EPR Properties from a “neutral” rating to an “underperform” rating and reduced their price target for the stock from $45.00 to $40.00 in a research report on Monday. JMP Securities restated a “market perform” rating on shares of EPR Properties in a research report on Monday, May 6th. Finally, Truist Financial reduced their price target on shares of EPR Properties from $51.00 to $46.00 and set a “hold” rating on the stock in a research report on Friday, March 22nd. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $47.55.

EPR Properties Price Performance

The company has a market capitalization of $3.16 billion, a P/E ratio of 20.55 and a beta of 1.64. The business’s 50-day simple moving average is $41.48 and its 200 day simple moving average is $43.82. The company has a current ratio of 8.45, a quick ratio of 8.45 and a debt-to-equity ratio of 1.15.

EPR Properties Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, June 17th. Shareholders of record on Friday, May 31st will be given a dividend of $0.285 per share. The ex-dividend date of this dividend is Friday, May 31st. This represents a $3.42 dividend on an annualized basis and a dividend yield of 8.20%. EPR Properties’s dividend payout ratio (DPR) is 168.47%.

Institutional Trading of EPR Properties

Hedge funds and other institutional investors have recently made changes to their positions in the business. DekaBank Deutsche Girozentrale raised its holdings in shares of EPR Properties by 221.6% in the 4th quarter. DekaBank Deutsche Girozentrale now owns 57,636 shares of the real estate investment trust’s stock worth $2,838,000 after purchasing an additional 39,714 shares in the last quarter. Ballast Asset Management LP acquired a new stake in shares of EPR Properties during the third quarter valued at approximately $1,861,000. Jump Financial LLC acquired a new stake in shares of EPR Properties during the third quarter valued at approximately $1,165,000. Citigroup Inc. raised its holdings in shares of EPR Properties by 52.0% during the third quarter. Citigroup Inc. now owns 32,990 shares of the real estate investment trust’s stock valued at $1,370,000 after acquiring an additional 11,283 shares during the period. Finally, Versor Investments LP acquired a new stake in shares of EPR Properties during the fourth quarter valued at approximately $436,000. 74.66% of the stock is currently owned by institutional investors.

About EPR Properties

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.