Menta Capital LLC Has $947,000 Holdings in EPR Properties (NYSE:EPR)

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Menta Capital LLC cut its holdings in shares of EPR Properties (NYSE:EPR) by 22.6% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 12,700 shares of the real estate investment trust’s stock after selling 3,700 shares during the quarter. Menta Capital LLC’s holdings in EPR Properties were worth $947,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. 6 Meridian raised its stake in shares of EPR Properties by 2.0% during the 2nd quarter. 6 Meridian now owns 6,897 shares of the real estate investment trust’s stock worth $514,000 after purchasing an additional 133 shares in the last quarter. Nordea Investment Management AB increased its position in EPR Properties by 8.5% in the 1st quarter. Nordea Investment Management AB now owns 1,792 shares of the real estate investment trust’s stock worth $138,000 after buying an additional 140 shares during the period. Municipal Employees Retirement System of Michigan increased its position in EPR Properties by 1.1% in the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 13,850 shares of the real estate investment trust’s stock worth $1,033,000 after buying an additional 150 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in EPR Properties by 1.2% in the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 13,196 shares of the real estate investment trust’s stock worth $1,015,000 after buying an additional 152 shares during the period. Finally, Advisory Services Network LLC increased its position in EPR Properties by 92.6% in the 1st quarter. Advisory Services Network LLC now owns 339 shares of the real estate investment trust’s stock worth $26,000 after buying an additional 163 shares during the period. Hedge funds and other institutional investors own 83.09% of the company’s stock.

In other news, Director Robin Peppe Sterneck sold 1,881 shares of EPR Properties stock in a transaction that occurred on Monday, June 17th. The stock was sold at an average price of $78.20, for a total transaction of $147,094.20. Following the sale, the director now owns 1,882 shares of the company’s stock, valued at approximately $147,172.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Peter C. Brown sold 2,578 shares of EPR Properties stock in a transaction that occurred on Thursday, June 20th. The stock was sold at an average price of $79.11, for a total value of $203,945.58. Following the sale, the director now directly owns 7,866 shares in the company, valued at approximately $622,279.26. The disclosure for this sale can be found here. Insiders have sold a total of 7,459 shares of company stock worth $570,820 in the last three months. 1.34% of the stock is owned by insiders.

Several research analysts have commented on the company. Royal Bank of Canada lifted their price target on EPR Properties to $83.00 in a research report on Tuesday, May 28th. Raymond James set a $84.00 price target on EPR Properties and gave the stock a “buy” rating in a research report on Thursday, May 2nd. Stifel Nicolaus lifted their price target on EPR Properties from $80.00 to $82.00 and gave the stock a “hold” rating in a research report on Friday. Bank of America downgraded EPR Properties from a “neutral” rating to an “underperform” rating and set a $80.00 price target on the stock. in a research report on Tuesday, June 11th. Finally, ValuEngine downgraded EPR Properties from a “buy” rating to a “hold” rating in a research report on Thursday, August 1st. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $79.17.

NYSE EPR traded up $0.64 during trading on Tuesday, hitting $77.57. The company’s stock had a trading volume of 16,043 shares, compared to its average volume of 426,522. EPR Properties has a 52 week low of $62.75 and a 52 week high of $80.75. The firm has a market cap of $5.97 billion, a P/E ratio of 12.72, a price-to-earnings-growth ratio of 4.41 and a beta of 0.57. The firm has a 50 day moving average price of $75.36 and a 200 day moving average price of $76.46. The company has a quick ratio of 5.32, a current ratio of 5.32 and a debt-to-equity ratio of 1.06.

EPR Properties (NYSE:EPR) last announced its quarterly earnings data on Wednesday, July 31st. The real estate investment trust reported $0.79 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.31 by ($0.52). EPR Properties had a return on equity of 9.81% and a net margin of 41.51%. The firm had revenue of $175.70 million for the quarter, compared to analyst estimates of $168.46 million. During the same period in the previous year, the business posted $1.87 EPS. EPR Properties’s revenue for the quarter was down 13.4% compared to the same quarter last year. On average, equities analysts expect that EPR Properties will post 5.42 earnings per share for the current year.

The company also recently disclosed a monthly dividend, which will be paid on Monday, September 16th. Stockholders of record on Friday, August 30th will be issued a dividend of $0.375 per share. This represents a $4.50 annualized dividend and a dividend yield of 5.80%. The ex-dividend date is Thursday, August 29th. EPR Properties’s payout ratio is presently 73.77%.

EPR Properties Profile

EPR Properties is a specialty real estate investment trust (REIT) that invests in properties in select market segments which require unique industry knowledge, while offering the potential for stable and attractive returns. Our total investments exceed $6.7 billion and our primary investment segments are Entertainment, Recreation and Education.

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

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