State Board of Administration of Florida Retirement System raised its stake in EPR Properties (NYSE:EPR) by 3.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 75,413 shares of the real estate investment trust’s stock after purchasing an additional 2,650 shares during the period. State Board of Administration of Florida Retirement System owned 0.10% of EPR Properties worth $5,259,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Vanguard Group Inc. increased its stake 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 valued at $775,604,000 after purchasing an additional 454,716 shares in the last quarter. BlackRock Inc. increased its stake in EPR Properties by 1.1% in the second quarter. BlackRock Inc. now owns 7,298,677 shares of the real estate investment trust’s stock valued at $524,555,000 after purchasing an additional 78,416 shares in the last quarter. Principal Financial Group Inc. increased its stake 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 valued at $276,684,000 after purchasing an additional 718,310 shares in the last quarter. State Street Corp increased its position in shares of EPR Properties by 0.6% during the second quarter. State Street Corp now owns 2,125,915 shares of the real estate investment trust’s stock worth $152,787,000 after acquiring an additional 12,552 shares in the last quarter. Finally, Uniplan Investment Counsel Inc. increased its position in shares of EPR Properties by 69.5% during 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 acquiring an additional 709,368 shares in the last quarter. 86.92% of the stock is owned by hedge funds and other institutional investors.

COPYRIGHT VIOLATION NOTICE: This news story was published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this news story on another website, it was illegally copied and republished in violation of U.S. & international copyright & trademark laws. The original version of this news story can be read at https://www.thecerbatgem.com/2017/11/15/epr-properties-epr-shares-bought-by-state-board-of-administration-of-florida-retirement-system.html.

Several equities research analysts have recently commented on EPR shares. Zacks Investment Research raised shares of EPR Properties from a “hold” rating to a “buy” rating and set a $81.00 target price for the company in a research report on Wednesday, August 2nd. BidaskClub raised shares of EPR Properties from a “sell” rating to a “hold” rating in a research report on Saturday, August 26th. KeyCorp set a $80.00 target price on shares of EPR Properties and gave the stock a “buy” rating in a research report on Sunday, October 29th. Ladenburg Thalmann Financial Services raised shares of EPR Properties from a “neutral” rating to a “buy” rating and set a $76.00 target price for the company in a research report on Monday, September 11th. Finally, B. Riley reissued a “hold” rating and set a $80.00 target price on shares of EPR Properties in a research report on Thursday, November 9th. Six research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $78.86.

EPR Properties (NYSE EPR) opened at $68.92 on Wednesday. EPR Properties has a twelve month low of $66.66 and a twelve month high of $77.70. The firm has a market cap of $5,091.80, a PE ratio of 13.96 and a beta of 0.58. The company has a current ratio of 7.88, a quick ratio of 7.88 and a debt-to-equity ratio of 1.03.

The company also recently declared a oct 17 dividend, which will be paid on Wednesday, November 15th. Investors of record on Tuesday, October 31st will be issued a dividend of $0.34 per share. This represents a yield of 5.72%. The ex-dividend date is Monday, October 30th. EPR Properties’s dividend payout ratio (DPR) is presently 121.43%.

EPR Properties 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.

Want to see what other hedge funds are holding EPR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for EPR Properties (NYSE:EPR).

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

Receive News & Stock Ratings for EPR Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EPR Properties and related stocks with our FREE daily email newsletter.