New York State Common Retirement Fund Sells 7,002 Shares of EPR Properties (NYSE:EPR)

New York State Common Retirement Fund trimmed its position in EPR Properties (NYSE:EPR) by 10.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 57,795 shares of the real estate investment trust’s stock after selling 7,002 shares during the quarter. New York State Common Retirement Fund owned approximately 0.08% of EPR Properties worth $2,800,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Arizona State Retirement System boosted its holdings in EPR Properties by 1.4% in the 3rd quarter. Arizona State Retirement System now owns 21,434 shares of the real estate investment trust’s stock valued at $890,000 after purchasing an additional 291 shares during the period. Prime Capital Investment Advisors LLC grew its position in EPR Properties by 1.5% in the fourth quarter. Prime Capital Investment Advisors LLC now owns 19,474 shares of the real estate investment trust’s stock worth $944,000 after acquiring an additional 297 shares in the last quarter. Venturi Wealth Management LLC increased its stake in EPR Properties by 59.5% in the fourth quarter. Venturi Wealth Management LLC now owns 823 shares of the real estate investment trust’s stock valued at $40,000 after acquiring an additional 307 shares during the last quarter. Van ECK Associates Corp raised its position in EPR Properties by 4.3% during the third quarter. Van ECK Associates Corp now owns 8,762 shares of the real estate investment trust’s stock valued at $364,000 after purchasing an additional 363 shares in the last quarter. Finally, abrdn plc lifted its stake in EPR Properties by 2.5% during the third quarter. abrdn plc now owns 15,135 shares of the real estate investment trust’s stock worth $629,000 after purchasing an additional 371 shares during the last quarter. Hedge funds and other institutional investors own 74.66% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently weighed in on EPR. JMP Securities reissued a “market perform” rating on shares of EPR Properties in a report on Monday. StockNews.com cut shares of EPR Properties from a “buy” rating to a “hold” rating in a research note on Wednesday, January 17th. Raymond James lifted their target price on shares of EPR Properties from $50.00 to $54.00 and gave the stock an “outperform” rating in a research report on Monday, January 8th. Royal Bank of Canada upped their price target on shares of EPR Properties from $48.00 to $51.00 and gave the company a “sector perform” rating in a research report on Thursday, January 11th. Finally, Truist Financial decreased their price objective on EPR Properties from $51.00 to $46.00 and set a “hold” rating on the stock in a report on Friday, March 22nd. One analyst has rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $48.05.

EPR Properties Stock Down 0.8 %

NYSE EPR opened at $41.68 on Tuesday. EPR Properties has a 1 year low of $39.65 and a 1 year high of $49.10. The stock has a market capitalization of $3.15 billion, a PE ratio of 20.53 and a beta of 1.64. The company has a debt-to-equity ratio of 1.15, a current ratio of 8.45 and a quick ratio of 7.53. The business’s 50-day moving average is $41.44 and its 200 day moving average is $43.84.

EPR Properties Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Tuesday, April 30th will be paid a dividend of $0.285 per share. The ex-dividend date is Monday, April 29th. This represents a $3.42 annualized dividend and a dividend yield of 8.21%. EPR Properties’s dividend payout ratio (DPR) is presently 168.47%.

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.