abrdn plc Purchases 520 Shares of EPR Properties (NYSE:EPR)

abrdn plc increased its position in shares of EPR Properties (NYSE:EPRGet Rating) by 3.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,525 shares of the real estate investment trust’s stock after purchasing an additional 520 shares during the period. abrdn plc’s holdings in EPR Properties were worth $906,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Centersquare Investment Management LLC increased its holdings in EPR Properties by 70.9% in the 4th quarter. Centersquare Investment Management LLC now owns 1,248,376 shares of the real estate investment trust’s stock valued at $59,286,000 after acquiring an additional 517,735 shares during the last quarter. Taconic Capital Advisors LP increased its holdings in EPR Properties by 272.7% in the 4th quarter. Taconic Capital Advisors LP now owns 350,000 shares of the real estate investment trust’s stock valued at $16,622,000 after acquiring an additional 256,100 shares during the last quarter. State Street Corp increased its holdings in EPR Properties by 6.9% in the 4th quarter. State Street Corp now owns 3,591,224 shares of the real estate investment trust’s stock valued at $171,439,000 after acquiring an additional 233,308 shares during the last quarter. Hillcrest Asset Management LLC bought a new stake in EPR Properties in the 4th quarter valued at $9,978,000. Finally, Cubist Systematic Strategies LLC increased its holdings in EPR Properties by 165.0% in the 4th quarter. Cubist Systematic Strategies LLC now owns 172,843 shares of the real estate investment trust’s stock valued at $8,208,000 after acquiring an additional 107,626 shares during the last quarter. 78.44% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

EPR has been the topic of a number of research reports. Janney Montgomery Scott upgraded shares of EPR Properties from a “neutral” rating to a “buy” rating in a report on Thursday, July 7th. Truist Financial reduced their target price on shares of EPR Properties from $51.00 to $50.00 and set a “hold” rating on the stock in a report on Tuesday, June 21st. Finally, StockNews.com downgraded shares of EPR Properties from a “buy” rating to a “hold” rating in a report on Tuesday. Five analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $56.70.

EPR Properties Price Performance

EPR Properties stock opened at $53.24 on Wednesday. The stock has a market cap of $3.99 billion, a price-to-earnings ratio of 35.26, a price-to-earnings-growth ratio of 0.94 and a beta of 1.57. The company has a debt-to-equity ratio of 1.08, a current ratio of 8.14 and a quick ratio of 8.14. EPR Properties has a 1 year low of $41.14 and a 1 year high of $56.38. The firm has a 50-day moving average of $49.07 and a two-hundred day moving average of $49.76.

EPR Properties (NYSE:EPRGet Rating) last released its quarterly earnings data on Monday, August 1st. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.09 by ($0.63). The company had revenue of $160.45 million during the quarter, compared to analysts’ expectations of $149.39 million. EPR Properties had a net margin of 23.80% and a return on equity of 5.23%. EPR Properties’s quarterly revenue was up 28.0% on a year-over-year basis. During the same period last year, the firm earned $0.71 earnings per share. On average, research analysts forecast that EPR Properties will post 4.55 earnings per share for the current year.

EPR Properties Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, August 15th. Stockholders of record on Friday, July 29th will be given a $0.275 dividend. The ex-dividend date is Thursday, July 28th. This represents a $3.30 annualized dividend and a dividend yield of 6.20%. EPR Properties’s payout ratio is presently 218.54%.

About EPR Properties

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EPR Properties is a leading 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 which create value by facilitating out of home leisure and recreation experiences where consumers choose to spend their discretionary time and money.

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

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