EPR Properties (EPR) Rating Increased to Hold at BidaskClub
EPR Properties (NYSE:EPR) was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating in a report released on Saturday.
Several other research analysts have also recently weighed in on EPR. Zacks Investment Research cut shares of EPR Properties from a “buy” rating to a “hold” rating in a report on Monday, August 7th. KeyCorp reaffirmed a “buy” rating and issued a $80.00 price target on shares of EPR Properties in a report on Friday. ValuEngine cut EPR Properties from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Finally, Ladenburg Thalmann Financial Services reissued a “hold” rating on shares of EPR Properties in a research note on Thursday, May 18th. Six equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $79.80.
EPR Properties (NYSE:EPR) opened at 69.15 on Friday. EPR Properties has a 1-year low of $65.50 and a 1-year high of $81.00. The firm has a market cap of $5.09 billion, a price-to-earnings ratio of 20.25 and a beta of 0.57. The firm has a 50-day moving average price of $70.23 and a 200-day moving average price of $72.49.
EPR Properties (NYSE:EPR) last released its quarterly earnings results on Thursday, August 3rd. The real estate investment trust reported $1.29 earnings per share for the quarter, topping the consensus estimate of $1.24 by $0.05. The firm had revenue of $147.80 million for the quarter, compared to analysts’ expectations of $138.07 million. EPR Properties had a net margin of 46.90% and a return on equity of 10.51%. The business’s quarterly revenue was up 25.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.17 earnings per share. On average, analysts expect that EPR Properties will post $3.38 earnings per share for the current fiscal year.
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In related news, Director Peter C. Brown sold 7,907 shares of the stock in a transaction on Tuesday, June 6th. The stock was sold at an average price of $71.49, for a total value of $565,271.43. Following the transaction, the director now owns 4,578 shares of the company’s stock, valued at $327,281.22. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 1.50% of the stock is owned by corporate insiders.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in EPR. BlackRock Inc. boosted its position in EPR Properties by 3,652.5% in the first quarter. BlackRock Inc. now owns 7,220,261 shares of the real estate investment trust’s stock worth $531,629,000 after buying an additional 7,027,848 shares in the last quarter. Principal Financial Group Inc. boosted its position in EPR Properties by 22.9% in the second quarter. Principal Financial Group Inc. now owns 3,849,777 shares of the real estate investment trust’s stock worth $276,684,000 after buying an additional 718,310 shares in the last quarter. Uniplan Investment Counsel Inc. boosted its position in EPR Properties by 69.5% in the second quarter. Uniplan Investment Counsel Inc. now owns 1,730,593 shares of the real estate investment trust’s stock worth $74,769,000 after buying an additional 709,368 shares in the last quarter. Vanguard Group Inc. boosted its position in EPR Properties by 4.4% in the second quarter. Vanguard Group Inc. now owns 10,791,750 shares of the real estate investment trust’s stock worth $775,604,000 after buying an additional 454,716 shares in the last quarter. Finally, Systematic Financial Management LP boosted its position in EPR Properties by 81.9% in the first quarter. Systematic Financial Management LP now owns 761,831 shares of the real estate investment trust’s stock worth $56,094,000 after buying an additional 343,036 shares in the last quarter. 86.50% of the stock is currently owned by institutional investors and hedge funds.
About EPR Properties
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.
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