Sterneck Capital Management LLC Makes New Investment in EPR Properties (NYSE:EPR)

Sterneck Capital Management LLC acquired a new stake in shares of EPR Properties (NYSE:EPR) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 5,708 shares of the real estate investment trust’s stock, valued at approximately $253,000.

Other institutional investors also recently modified their holdings of the company. Abich Financial Wealth Management LLC grew its position in EPR Properties by 1,725.0% in the 3rd quarter. Abich Financial Wealth Management LLC now owns 511 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 483 shares during the period. V Square Quantitative Management LLC acquired a new position in shares of EPR Properties during the third quarter valued at about $27,000. Brooklyn Investment Group bought a new stake in shares of EPR Properties during the third quarter worth about $27,000. Blue Trust Inc. raised its holdings in shares of EPR Properties by 67.2% in the 3rd quarter. Blue Trust Inc. now owns 709 shares of the real estate investment trust’s stock worth $35,000 after acquiring an additional 285 shares during the last quarter. Finally, GAMMA Investing LLC raised its holdings in shares of EPR Properties by 38.9% in the 3rd quarter. GAMMA Investing LLC now owns 825 shares of the real estate investment trust’s stock worth $40,000 after acquiring an additional 231 shares during the last quarter. 74.66% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on EPR shares. Wells Fargo & Company reissued an “underweight” rating and issued a $47.00 price objective (up from $45.00) on shares of EPR Properties in a research note on Tuesday, October 1st. UBS Group assumed coverage on EPR Properties in a research report on Thursday, November 14th. They issued a “neutral” rating and a $48.00 price target for the company. Finally, JMP Securities reaffirmed a “market perform” rating on shares of EPR Properties in a report on Tuesday, September 24th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $47.94.

EPR Properties Trading Up 0.8 %

NYSE EPR opened at $45.04 on Wednesday. The business’s fifty day moving average is $44.81 and its 200-day moving average is $45.48. 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 stock has a market capitalization of $3.41 billion, a price-to-earnings ratio of 19.50 and a beta of 1.75. EPR Properties has a one year low of $39.65 and a one year high of $50.26.

EPR Properties Dividend Announcement

The business also recently announced a dec 24 dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be paid a $0.285 dividend. This represents a yield of 7.6%. The ex-dividend date is Tuesday, December 31st. EPR Properties’s payout ratio is 148.05%.

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.