Today: Today, Arizona State Retirement System decides to keep it stake in EPR Properties (EPR) to the level of $2,079,000

Today, Arizona State Retirement System decides to keep it stake in EPR Properties (EPR) to the level of $2,079,000

Arizona State Retirement System maintained its stake in EPR Properties (NYSE:EPR) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 26,400 shares of the company’s stock at the end of the third quarter. Arizona State Retirement System’s holdings in EPR Properties were worth $2,079,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in EPR Properties by 4.6% in the second quarter. Vanguard Group Inc. now owns 9,894,742 shares of the company’s stock valued at $798,307,000 after buying an additional 433,889 shares in the last quarter. Shinko Asset Management Co. Ltd. raised its stake in EPR Properties by 3.8% in the second quarter. Shinko Asset Management Co. Ltd. now owns 2,976,672 shares of the company’s stock valued at $240,158,000 after buying an additional 108,805 shares in the last quarter. Principal Financial Group Inc. raised its stake in EPR Properties by 5.2% in the second quarter. Principal Financial Group Inc. now owns 2,684,895 shares of the company’s stock valued at $216,617,000 after buying an additional 132,514 shares in the last quarter. BlackRock Institutional Trust Company N.A. raised its stake in EPR Properties by 2.6% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 2,482,860 shares of the company’s stock valued at $200,317,000 after buying an additional 63,910 shares in the last quarter. Finally, Wedge Capital Management L L P NC raised its stake in EPR Properties by 9.7% in the second quarter. Wedge Capital Management L L P NC now owns 1,406,907 shares of the company’s stock valued at $113,509,000 after buying an additional 123,901 shares in the last quarter. Institutional investors and hedge funds own 94.37% of the company’s stock.

EPR Properties (NYSE:EPR) traded up 0.58% on Monday, hitting $69.40. 328,471 shares of the stock were exchanged. The company has a market cap of $4.42 billion, a PE ratio of 22.25 and a beta of 0.71. EPR Properties has a 52 week low of $53.00 and a 52 week high of $84.67. The company’s 50-day moving average is $71.47 and its 200-day moving average is $75.95.

EPR Properties (NYSE:EPR) last issued its quarterly earnings results on Wednesday, November 2nd. The company reported $1.23 EPS for the quarter, beating analysts’ consensus estimates of $1.21 by $0.02. The company had revenue of $125.60 million for the quarter, compared to analyst estimates of $120.35 million. EPR Properties had a return on equity of 10.16% and a net margin of 46.29%. The company’s quarterly revenue was up 16.0% compared to the same quarter last year. During the same period last year, the company earned $1.17 earnings per share. On average, analysts predict that EPR Properties will post $4.78 earnings per share for the current year.

The firm also recently declared a monthly dividend, which will be paid on Thursday, December 15th. Stockholders of record on Wednesday, November 30th will be issued a dividend of $0.32 per share. This represents a $3.84 dividend on an annualized basis and a dividend yield of 5.53%. This is a positive change from EPR Properties’s previous monthly dividend of $0.29. The ex-dividend date is Monday, November 28th. EPR Properties’s dividend payout ratio (DPR) is 122.68%.

Several brokerages recently weighed in on EPR. Citigroup Inc. boosted their target price on shares of EPR Properties from $78.00 to $80.00 and gave the company a “neutral” rating in a research note on Friday, August 12th. Royal Bank Of Canada boosted their target price on shares of EPR Properties from $70.00 to $88.00 and gave the company an “outperform” rating in a research note on Thursday, August 4th. FBR & Co reissued a “marketperform” rating and issued a $80.00 target price on shares of EPR Properties in a research note on Tuesday, October 11th. RBC Capital Markets reissued an “outperform” rating and issued a $88.00 target price (up previously from $70.00) on shares of EPR Properties in a research note on Thursday, August 4th. Finally, Zacks Investment Research downgraded shares of EPR Properties from a “buy” rating to a “hold” rating in a research note on Wednesday, November 16th. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $83.83.

In other news, Director Peter C. Brown sold 6,500 shares of the firm’s stock in a transaction on Monday, November 7th. The stock was sold at an average price of $70.33, for a total transaction of $457,145.00. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Peter C. Brown purchased 1,907 shares of the stock in a transaction dated Thursday, November 17th. The shares were acquired at an average cost of $67.64 per share, for a total transaction of $128,989.48. Following the completion of the acquisition, the director now directly owns 8,000 shares of the company’s stock, valued at approximately $541,120. The disclosure for this purchase can be found here. Insiders own 1.70% of the company’s stock.

About EPR Properties

EPR Properties (EPR) is a self-administered real estate investment trust (REIT). The Company’s investment portfolio includes entertainment, education and recreation properties. The Company operates in four segments: Entertainment, Education, Recreation and Other. The Company’s Entertainment segment consists of investments in megaplex theatres, entertainment retail centers, family entertainment centers and other retail parcels.

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