Legal & General Group Plc Buys 21,826 Shares of EPR Properties (EPR)

Legal & General Group Plc boosted its holdings in EPR Properties (NYSE:EPR) by 10.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 231,067 shares of the real estate investment trust’s stock after purchasing an additional 21,826 shares during the quarter. Legal & General Group Plc owned approximately 0.31% of EPR Properties worth $16,116,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Teacher Retirement System of Texas raised its holdings in EPR Properties by 1.2% during the 2nd quarter. Teacher Retirement System of Texas now owns 5,083 shares of the real estate investment trust’s stock valued at $365,000 after buying an additional 58 shares during the period. GAM Holding AG raised its holdings in EPR Properties by 1.3% during the 2nd quarter. GAM Holding AG now owns 5,290 shares of the real estate investment trust’s stock valued at $380,000 after buying an additional 70 shares during the period. World Asset Management Inc raised its holdings in EPR Properties by 1.8% during the 2nd quarter. World Asset Management Inc now owns 4,036 shares of the real estate investment trust’s stock valued at $290,000 after buying an additional 72 shares during the period. Janney Montgomery Scott LLC raised its holdings in EPR Properties by 0.9% during the 2nd quarter. Janney Montgomery Scott LLC now owns 9,416 shares of the real estate investment trust’s stock valued at $677,000 after buying an additional 82 shares during the period. Finally, People s United Financial Inc. raised its holdings in EPR Properties by 0.7% during the 2nd quarter. People s United Financial Inc. now owns 17,928 shares of the real estate investment trust’s stock valued at $1,289,000 after buying an additional 120 shares during the period. Hedge funds and other institutional investors own 88.46% of the company’s stock.

A number of analysts have weighed in on the company. JPMorgan Chase & Co. downgraded EPR Properties from a “neutral” rating to an “underweight” rating in a research report on Friday, December 15th. B. Riley reaffirmed a “neutral” rating on shares of EPR Properties in a research report on Wednesday, November 1st. KeyCorp reaffirmed a “buy” rating and set a $80.00 price objective on shares of EPR Properties in a research report on Tuesday, September 26th. Zacks Investment Research raised EPR Properties from a “hold” rating to a “buy” rating and set a $78.00 price target for the company in a report on Tuesday, October 3rd. Finally, ValuEngine downgraded EPR Properties from a “buy” rating to a “hold” rating in a report on Sunday. One research analyst has rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $77.17.

Shares of EPR Properties (NYSE:EPR) traded down $0.97 during trading hours on Tuesday, hitting $64.49. The stock had a trading volume of 538,906 shares, compared to its average volume of 459,350. EPR Properties has a 1 year low of $63.10 and a 1 year high of $77.70. The stock has a market capitalization of $4,750.00, a PE ratio of 19.19, a price-to-earnings-growth ratio of 2.29 and a beta of 0.57. The company has a debt-to-equity ratio of 1.03, a quick ratio of 7.88 and a current ratio of 7.88.

The company also recently disclosed a dec 17 dividend, which will be paid on Monday, January 15th. Stockholders of record on Friday, December 29th will be paid a $0.34 dividend. This represents a dividend yield of 6.25%. The ex-dividend date of this dividend is Thursday, December 28th. EPR Properties’s payout ratio is 121.43%.

In other news, VP Tonya L. Mater sold 2,100 shares of EPR Properties stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of $68.09, for a total value of $142,989.00. Following the sale, the vice president now directly owns 28,929 shares of the company’s stock, valued at $1,969,775.61. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Michael L. Hirons sold 9,359 shares of EPR Properties stock in a transaction that occurred on Monday, December 18th. The stock was sold at an average price of $67.54, for a total value of $632,106.86. The disclosure for this sale can be found here. 1.50% of the stock is currently owned by company insiders.

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About EPR Properties

EPR Properties is a specialty real estate investment trust. The Company’s investment portfolio includes primarily entertainment, education and recreation properties. The Company’s segments include Entertainment, Education, Recreation and Other. The Entertainment segment consists of investments in megaplex theatres, entertainment retail centers, family entertainment centers and other retail parcels.

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

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