EPR Properties (NYSE:EPR) Price Target Raised to $47.50

EPR Properties (NYSE:EPR) had its target price hoisted by Stifel Nicolaus from $42.50 to $47.50 in a research note issued to investors on Thursday morning, Benzinga reports. They currently have a hold rating on the real estate investment trust’s stock.

Several other equities research analysts have also commented on the stock. StockNews.com raised shares of EPR Properties from a hold rating to a buy rating in a report on Friday, July 19th. Bank of America cut shares of EPR Properties from a neutral rating to an underperform rating and lowered their target price for the stock from $45.00 to $40.00 in a research note on Monday, May 20th. JMP Securities reaffirmed a market perform rating on shares of EPR Properties in a research note on Friday, June 14th. Finally, Royal Bank of Canada lowered their target price on shares of EPR Properties from $49.00 to $48.00 and set a sector perform rating on the stock in a research note on Tuesday, May 28th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of Hold and an average target price of $47.28.

EPR Properties Price Performance

NYSE:EPR opened at $44.63 on Thursday. The company has a debt-to-equity ratio of 1.16, a current ratio of 11.12 and a quick ratio of 8.45. The firm has a market cap of $3.38 billion, a price-to-earnings ratio of 21.99 and a beta of 1.73. The company has a 50 day moving average price of $42.16 and a 200-day moving average price of $42.15. EPR Properties has a 1-year low of $39.65 and a 1-year high of $49.10.

EPR Properties Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Thursday, August 15th. Stockholders of record on Wednesday, July 31st will be given a dividend of $0.285 per share. The ex-dividend date is Wednesday, July 31st. This represents a $3.42 annualized dividend and a dividend yield of 7.66%. EPR Properties’s payout ratio is 168.47%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Vermillion & White Wealth Management Group LLC acquired a new position in EPR Properties in the fourth quarter valued at about $25,000. GAMMA Investing LLC boosted its stake in EPR Properties by 262.2% during the second quarter. GAMMA Investing LLC now owns 594 shares of the real estate investment trust’s stock worth $25,000 after buying an additional 430 shares during the period. Principal Securities Inc. purchased a new position in EPR Properties during the fourth quarter worth about $31,000. Mather Group LLC. purchased a new position in EPR Properties during the first quarter worth about $36,000. Finally, Abich Financial Wealth Management LLC boosted its stake in EPR Properties by 53.7% during the first quarter. Abich Financial Wealth Management LLC now owns 902 shares of the real estate investment trust’s stock worth $38,000 after buying an additional 315 shares during the period. Institutional investors and hedge funds own 74.66% of the company’s stock.

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.