EPR Properties (NYSE:EPR) Rating Increased to Hold at Zacks Investment Research

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EPR Properties (NYSE:EPR) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report issued on Friday, Zacks.com reports.

According to Zacks, “EPR Properties is specialty real estate investment trust that invests in three primary segments: Entertainment, Recreation and Education. Its properties include megaplex theatres, entertainment retail centers, and destination recreational and specialty properties. EPR Properties is based in Kansas City, Missouri. “

A number of other brokerages also recently commented on EPR. ValuEngine upgraded shares of EPR Properties from a “sell” rating to a “hold” rating in a report on Tuesday, December 3rd. TheStreet downgraded shares of EPR Properties from a “b” rating to a “c+” rating in a report on Tuesday, October 29th. SunTrust Banks upgraded shares of EPR Properties from a “hold” rating to a “buy” rating and set a $77.00 price objective on the stock in a report on Wednesday, January 15th. Finally, JPMorgan Chase & Co. upgraded shares of EPR Properties from a “neutral” rating to an “overweight” rating and set a $84.00 price objective on the stock in a report on Wednesday, December 18th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $82.43.

EPR Properties stock traded down $0.96 during trading hours on Friday, reaching $68.23. The stock had a trading volume of 846,527 shares, compared to its average volume of 597,232. The company has a market cap of $5.43 billion, a price-to-earnings ratio of 26.34, a PEG ratio of 3.97 and a beta of 0.52. The company has a debt-to-equity ratio of 1.02, a current ratio of 5.23 and a quick ratio of 5.23. The business’s 50 day moving average price is $71.17 and its 200-day moving average price is $73.88. EPR Properties has a 52 week low of $67.32 and a 52 week high of $80.75.

In related news, Director Peter C. Brown sold 2,000 shares of the stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $70.85, for a total value of $141,700.00. Also, SVP Craig L. Evans sold 2,500 shares of the stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $68.89, for a total transaction of $172,225.00. Following the completion of the transaction, the senior vice president now owns 41,135 shares in the company, valued at approximately $2,833,790.15. The disclosure for this sale can be found here. 1.34% of the stock is currently owned by corporate insiders.

Large investors have recently modified their holdings of the stock. Prudential Financial Inc. boosted its position in EPR Properties by 138.7% in the 4th quarter. Prudential Financial Inc. now owns 1,055,423 shares of the real estate investment trust’s stock worth $74,556,000 after purchasing an additional 613,210 shares in the last quarter. FMR LLC boosted its position in EPR Properties by 56.1% in the 1st quarter. FMR LLC now owns 525,303 shares of the real estate investment trust’s stock worth $40,396,000 after purchasing an additional 188,800 shares in the last quarter. William Blair Investment Management LLC purchased a new stake in EPR Properties in the 4th quarter worth approximately $11,734,000. Principal Financial Group Inc. boosted its position in EPR Properties by 2.2% in the 4th quarter. Principal Financial Group Inc. now owns 5,306,579 shares of the real estate investment trust’s stock worth $374,858,000 after purchasing an additional 112,329 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA boosted its position in EPR Properties by 4.9% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,084,761 shares of the real estate investment trust’s stock worth $160,235,000 after purchasing an additional 96,881 shares in the last quarter. Institutional investors own 81.93% of the company’s stock.

About EPR Properties

EPR Properties is a specialty real estate investment trust (REIT) that invests in properties in select market segments which require unique industry knowledge, while offering the potential for stable and attractive returns. Our total investments exceed $6.7 billion and our primary investment segments are Entertainment, Recreation and Education.

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