Wealthstar Advisors LLC Has $483,000 Position in EPR Properties (NYSE:EPR)

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Wealthstar Advisors LLC reduced its stake in shares of EPR Properties (NYSE:EPR) by 2.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,497 shares of the real estate investment trust’s stock after selling 137 shares during the quarter. EPR Properties comprises 0.3% of Wealthstar Advisors LLC’s portfolio, making the stock its 27th biggest position. Wealthstar Advisors LLC’s holdings in EPR Properties were worth $483,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of EPR. 6 Meridian grew its position in shares of EPR Properties by 2.0% in the 2nd quarter. 6 Meridian now owns 6,897 shares of the real estate investment trust’s stock valued at $514,000 after purchasing an additional 133 shares during the period. Nordea Investment Management AB lifted its stake 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 valued at $138,000 after acquiring an additional 140 shares in the last quarter. Municipal Employees Retirement System of Michigan lifted its stake 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 valued at $1,033,000 after acquiring an additional 150 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake 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 valued at $1,015,000 after acquiring an additional 152 shares in the last quarter. Finally, Advisory Services Network LLC lifted its stake 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 valued at $26,000 after acquiring an additional 163 shares in the last quarter. Institutional investors own 83.09% of the company’s stock.

Shares of EPR stock traded up $0.85 during trading on Tuesday, reaching $77.78. 167,302 shares of the company’s stock were exchanged, compared to its average volume of 426,522. The company has a quick ratio of 5.32, a current ratio of 5.32 and a debt-to-equity ratio of 1.06. The stock has a market capitalization of $5.97 billion, a PE ratio of 12.75, a PEG ratio of 4.41 and a beta of 0.57. EPR Properties has a twelve month low of $62.75 and a twelve month high of $80.75. The firm’s fifty day moving average price is $75.36 and its 200-day moving average price is $76.46.

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

The firm also recently announced a monthly dividend, which will be paid on Monday, September 16th. Investors of record on Friday, August 30th will be issued a dividend of $0.375 per share. This represents a $4.50 dividend on an annualized basis and a dividend yield of 5.79%. The ex-dividend date of this dividend is Thursday, August 29th. EPR Properties’s payout ratio is presently 73.77%.

A number of equities research analysts have recently issued reports on EPR shares. Bank of America cut EPR Properties from a “neutral” rating to an “underperform” rating and set a $80.00 price objective on the stock. in a research note on Tuesday, June 11th. ValuEngine cut EPR Properties from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. Raymond James set a $84.00 price objective on EPR Properties and gave the stock a “buy” rating in a research note on Thursday, May 2nd. Stifel Nicolaus upped their price objective on EPR Properties from $80.00 to $82.00 and gave the stock a “hold” rating in a research note on Friday. Finally, Royal Bank of Canada upped their price objective on EPR Properties to $83.00 in a research note on Tuesday, May 28th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $79.17.

In related news, Director Robert J. Druten sold 3,000 shares of the business’s stock in a transaction that occurred on Monday, August 5th. The stock was sold at an average price of $73.26, for a total transaction of $219,780.00. Following the transaction, the director now directly owns 31,237 shares of the company’s stock, valued at approximately $2,288,422.62. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Peter C. Brown sold 2,578 shares of the business’s 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 transaction, the director now directly owns 7,866 shares in the company, valued at $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 over the last three months. 1.34% of the stock is owned by insiders.

About EPR Properties

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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