Oppenheimer & Co. Inc. Has $3.43 Million Stock Holdings in EPR Properties (NYSE:EPR)

Oppenheimer & Co. Inc. reduced its holdings in shares of EPR Properties (NYSE:EPR) by 1.1% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 69,903 shares of the real estate investment trust’s stock after selling 748 shares during the period. Oppenheimer & Co. Inc. owned about 0.09% of EPR Properties worth $3,428,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in EPR. Abich Financial Wealth Management LLC boosted its holdings in EPR Properties by 1,725.0% during the third quarter. Abich Financial Wealth Management LLC now owns 511 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 483 shares in the last quarter. V Square Quantitative Management LLC acquired a new stake in EPR Properties in the 3rd quarter valued at $27,000. GAMMA Investing LLC grew its position in EPR Properties by 262.2% in the second quarter. GAMMA Investing LLC now owns 594 shares of the real estate investment trust’s stock valued at $25,000 after acquiring an additional 430 shares during the period. Blue Trust Inc. raised its stake in EPR Properties by 67.2% during the third quarter. Blue Trust Inc. now owns 709 shares of the real estate investment trust’s stock worth $35,000 after acquiring an additional 285 shares in the last quarter. Finally, EntryPoint Capital LLC bought a new position in shares of EPR Properties during the first quarter valued at $47,000. Institutional investors own 74.66% of the company’s stock.

EPR Properties Trading Up 0.1 %

EPR opened at $44.29 on Friday. The firm has a 50 day simple moving average of $47.47 and a 200 day simple moving average of $44.54. EPR Properties has a fifty-two week low of $39.65 and a fifty-two week high of $50.26. The company has a market cap of $3.35 billion, a price-to-earnings ratio of 19.17 and a beta of 1.76. 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 business also recently declared a nov 24 dividend, which will be paid on Monday, December 16th. Stockholders of record on Friday, November 29th will be paid a $0.285 dividend. This represents a dividend yield of 7.8%. The ex-dividend date is Friday, November 29th. EPR Properties’s dividend payout ratio (DPR) is currently 148.05%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the stock. Royal Bank of Canada upgraded shares of EPR Properties from a “sector perform” rating to an “outperform” rating and increased their target price for the stock from $48.00 to $50.00 in a research report on Monday, August 5th. StockNews.com cut shares of EPR Properties from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. UBS Group started coverage on EPR Properties in a research report on Thursday. They set a “neutral” rating and a $48.00 price target on the stock. Stifel Nicolaus lifted their price objective on EPR Properties from $42.50 to $47.50 and gave the company a “hold” rating in a research report on Thursday, August 1st. Finally, Raymond James upgraded EPR Properties from an “outperform” rating to a “strong-buy” rating and set a $54.00 target price for the company in a research note on Wednesday, August 21st. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $48.28.

Insider Transactions at EPR Properties

In other EPR Properties news, CAO Tonya L. Mater sold 1,000 shares of the stock in a transaction dated Wednesday, August 21st. The stock was sold at an average price of $46.00, for a total value of $46,000.00. Following the transaction, the chief accounting officer now owns 42,710 shares of the company’s stock, valued at approximately $1,964,660. This represents a 2.29 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 2.13% of the stock is owned by corporate insiders.

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.