Sumitomo Mitsui Trust Group Inc. Has $4.02 Million Position in EPR Properties (NYSE:EPR)

Sumitomo Mitsui Trust Group Inc. reduced its stake in EPR Properties (NYSE:EPR) by 7.0% during the 3rd quarter, Holdings Channel.com reports. The firm owned 81,888 shares of the real estate investment trust’s stock after selling 6,209 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in EPR Properties were worth $4,016,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. Nisa Investment Advisors LLC boosted its position in shares of EPR Properties by 2.8% in the second quarter. Nisa Investment Advisors LLC now owns 54,306 shares of the real estate investment trust’s stock valued at $2,295,000 after acquiring an additional 1,484 shares during the period. Vanguard Group Inc. boosted its position in shares of EPR Properties by 1.0% in the first quarter. Vanguard Group Inc. now owns 11,366,416 shares of the real estate investment trust’s stock valued at $482,504,000 after acquiring an additional 109,144 shares during the period. Natixis boosted its position in shares of EPR Properties by 188.4% in the first quarter. Natixis now owns 72,764 shares of the real estate investment trust’s stock valued at $3,089,000 after acquiring an additional 47,534 shares during the period. Price T Rowe Associates Inc. MD boosted its position in shares of EPR Properties by 48.3% in the first quarter. Price T Rowe Associates Inc. MD now owns 61,346 shares of the real estate investment trust’s stock valued at $2,605,000 after acquiring an additional 19,992 shares during the period. Finally, Boston Partners bought a new stake in shares of EPR Properties in the first quarter valued at about $517,000. Institutional investors own 74.66% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on EPR shares. JPMorgan Chase & Co. boosted their target price on shares of EPR Properties from $48.00 to $51.00 and gave the company an “overweight” rating in a research report on Monday, September 9th. JMP Securities reaffirmed a “market perform” rating on shares of EPR Properties in a research report on Tuesday, September 24th. UBS Group started coverage on shares of EPR Properties in a research report on Thursday, November 14th. They set a “neutral” rating and a $48.00 price objective for the company. Stifel Nicolaus upped their price objective on shares of EPR Properties from $42.50 to $47.50 and gave the stock a “hold” rating in a research report on Thursday, August 1st. Finally, StockNews.com cut shares of EPR Properties from a “buy” rating to a “hold” rating in a research report on Thursday, August 1st. Two analysts have rated the stock with a sell rating, five have given a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, EPR Properties currently has a consensus rating of “Hold” and a consensus target price of $48.28.

EPR Properties Stock Performance

EPR Properties stock opened at $44.45 on Tuesday. The business has a 50 day moving average of $47.41 and a 200-day moving average of $44.62. EPR Properties has a 1 year low of $39.65 and a 1 year high of $50.26. The company has a debt-to-equity ratio of 1.19, a current ratio of 7.81 and a quick ratio of 7.81. The company has a market capitalization of $3.37 billion, a P/E ratio of 19.24 and a beta of 1.76.

EPR Properties Dividend Announcement

The company also recently disclosed a nov 24 dividend, which will be paid on Monday, December 16th. Stockholders of record on Friday, November 29th will be paid a $0.285 dividend. This represents a dividend yield of 7.8%. The ex-dividend date is Friday, November 29th. EPR Properties’s dividend payout ratio is currently 148.05%.

Insider Buying and Selling at EPR Properties

In other EPR Properties news, CAO Tonya L. Mater sold 1,000 shares of the stock in a transaction that occurred on Wednesday, August 21st. The shares were sold at an average price of $46.00, for a total transaction of $46,000.00. Following the completion of the sale, the chief accounting officer now owns 42,710 shares of the company’s stock, valued at approximately $1,964,660. This represents a 2.29 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 2.13% of the company’s stock.

EPR Properties Profile

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.