Wedge Capital Management L L P NC Has $2.48 Million Stake in EPR Properties (NYSE:EPR)

Wedge Capital Management L L P NC raised its holdings in EPR Properties (NYSE:EPR) by 4.1% in the fourth quarter, Holdings Channel reports. The fund owned 51,124 shares of the real estate investment trust’s stock after acquiring an additional 2,005 shares during the period. Wedge Capital Management L L P NC’s holdings in EPR Properties were worth $2,477,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Venturi Wealth Management LLC grew 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 period. NBC Securities Inc. acquired a new position in EPR Properties in the third quarter valued at about $44,000. Global Retirement Partners LLC grew its stake in EPR Properties by 37.8% in the fourth quarter. Global Retirement Partners LLC now owns 3,286 shares of the real estate investment trust’s stock valued at $155,000 after acquiring an additional 901 shares during the period. Signaturefd LLC grew its stake in EPR Properties by 39.0% in the third quarter. Signaturefd LLC now owns 3,551 shares of the real estate investment trust’s stock valued at $148,000 after acquiring an additional 997 shares during the period. Finally, Cooper Financial Group bought a new stake in shares of EPR Properties in the fourth quarter valued at about $219,000. 74.66% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

EPR has been the topic of a number of research reports. StockNews.com lowered EPR Properties from a “buy” rating to a “hold” rating in a report on Wednesday, January 17th. Royal Bank of Canada boosted their price target on EPR Properties from $48.00 to $51.00 and gave the company a “sector perform” rating in a report on Thursday, January 11th. Truist Financial cut their price target on EPR Properties from $51.00 to $46.00 and set a “hold” rating on the stock in a report on Friday, March 22nd. JMP Securities lowered EPR Properties from an “outperform” rating to a “market perform” rating in a report on Monday, January 22nd. Finally, KeyCorp boosted their price target on EPR Properties from $47.00 to $51.00 and gave the company an “overweight” rating in a report on Friday, January 5th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $48.05.

EPR Properties Price Performance

EPR Properties stock opened at $41.15 on Thursday. EPR Properties has a 12 month low of $39.01 and a 12 month high of $49.10. The stock’s 50 day moving average is $41.63 and its 200-day moving average is $43.87. The company has a current ratio of 7.53, a quick ratio of 7.53 and a debt-to-equity ratio of 1.15. The company has a market capitalization of $3.11 billion, a price-to-earnings ratio of 20.89 and a beta of 1.65.

EPR Properties Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, May 15th. Investors of record on Tuesday, April 30th will be given a dividend of $0.285 per share. This represents a $3.42 dividend on an annualized basis and a yield of 8.31%. The ex-dividend date is Monday, April 29th. EPR Properties’s dividend payout ratio is currently 173.60%.

EPR Properties Profile

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.