Penserra Capital Management LLC Buys 129 Shares of EPR Properties (EPR)
Penserra Capital Management LLC increased its stake in shares of EPR Properties (NYSE:EPR) by 8.8% during the second quarter, according to its most recent disclosure with the SEC. The firm owned 1,601 shares of the real estate investment trust’s stock after buying an additional 129 shares during the period. Penserra Capital Management LLC’s holdings in EPR Properties were worth $115,000 as of its most recent SEC filing.
Several other large investors also recently modified their holdings of EPR. Prudential Financial Inc. boosted its stake in shares of EPR Properties by 285.7% in the second quarter. Prudential Financial Inc. now owns 264,958 shares of the real estate investment trust’s stock valued at $19,042,000 after buying an additional 196,258 shares during the last quarter. American Century Companies Inc. boosted its stake in shares of EPR Properties by 124.2% in the second quarter. American Century Companies Inc. now owns 58,051 shares of the real estate investment trust’s stock valued at $4,172,000 after buying an additional 32,153 shares during the last quarter. Geneva Advisors LLC bought a new stake in shares of EPR Properties during the second quarter valued at $797,000. GAM Holding AG boosted its stake in shares of EPR Properties by 1.3% in the second quarter. GAM Holding AG now owns 5,290 shares of the real estate investment trust’s stock valued at $380,000 after buying an additional 70 shares during the last quarter. Finally, Boston Private Wealth LLC boosted its stake in shares of EPR Properties by 6.0% in the second quarter. Boston Private Wealth LLC now owns 35,042 shares of the real estate investment trust’s stock valued at $2,518,000 after buying an additional 1,973 shares during the last quarter. 86.50% of the stock is owned by institutional investors.
Shares of EPR Properties (NYSE:EPR) opened at 68.82 on Wednesday. EPR Properties has a 1-year low of $65.50 and a 1-year high of $81.00. The company’s 50-day moving average price is $70.23 and its 200 day moving average price is $72.49. The firm has a market cap of $5.07 billion, a PE ratio of 20.15 and a beta of 0.57.
EPR Properties (NYSE:EPR) last posted its earnings results on Thursday, August 3rd. The real estate investment trust reported $1.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.24 by $0.05. The company had revenue of $147.80 million during the quarter, compared to the consensus estimate of $138.07 million. EPR Properties had a net margin of 46.90% and a return on equity of 10.51%. The firm’s quarterly revenue was up 25.3% on a year-over-year basis. During the same period in the previous year, the firm posted $1.17 earnings per share. On average, analysts predict that EPR Properties will post $3.38 EPS for the current year.
The firm also recently announced a aug 17 dividend, which will be paid on Friday, September 15th. Investors of record on Thursday, August 31st will be given a dividend of $0.34 per share. The ex-dividend date of this dividend is Tuesday, August 29th. This represents a yield of 6.06%. EPR Properties’s dividend payout ratio is presently 120.00%.
Several equities research analysts recently commented on the company. BidaskClub raised EPR Properties from a “sell” rating to a “hold” rating in a research note on Saturday. KeyCorp reaffirmed a “buy” rating and set a $80.00 target price on shares of EPR Properties in a research note on Friday, August 25th. Zacks Investment Research cut EPR Properties from a “buy” rating to a “hold” rating in a research note on Monday, August 7th. 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 reaffirmed a “hold” rating on shares of EPR Properties in a research note on Thursday, May 18th. Six investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $79.80.
In related news, Director Peter C. Brown sold 7,907 shares of the business’s stock in a transaction on Tuesday, June 6th. The shares were sold at an average price of $71.49, for a total transaction of $565,271.43. Following the completion of the transaction, the director now directly owns 4,578 shares in the company, valued at $327,281.22. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 1.50% of the company’s stock.
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.
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