Jag Capital Management LLC Makes New $580,000 Investment in EPR Properties (NYSE:EPR)
Jag Capital Management LLC bought a new position in EPR Properties (NYSE:EPR) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 7,780 shares of the real estate investment trust’s stock, valued at approximately $580,000.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. SeaCrest Wealth Management LLC increased its position in EPR Properties by 421.0% during the second quarter. SeaCrest Wealth Management LLC now owns 6,038 shares of the real estate investment trust’s stock worth $450,000 after buying an additional 4,879 shares during the last quarter. Robeco Institutional Asset Management B.V. boosted its holdings in EPR Properties by 135.8% during the second quarter. Robeco Institutional Asset Management B.V. now owns 64,335 shares of the real estate investment trust’s stock valued at $4,799,000 after acquiring an additional 37,050 shares during the period. Commonwealth Equity Services LLC boosted its holdings in EPR Properties by 3.3% during the second quarter. Commonwealth Equity Services LLC now owns 29,807 shares of the real estate investment trust’s stock valued at $2,223,000 after acquiring an additional 950 shares during the period. Fox Run Management L.L.C. bought a new stake in EPR Properties during the second quarter valued at about $430,000. Finally, Oregon Public Employees Retirement Fund boosted its holdings in EPR Properties by 3.5% during the second quarter. Oregon Public Employees Retirement Fund now owns 30,288 shares of the real estate investment trust’s stock valued at $2,259,000 after acquiring an additional 1,028 shares during the period. Hedge funds and other institutional investors own 84.13% of the company’s stock.
In related news, Director Jack A. Newman, Jr. sold 506 shares of the firm’s stock in a transaction that occurred on Thursday, May 2nd. The shares were sold at an average price of $79.48, for a total value of $40,216.88. Following the completion of the sale, the director now owns 2,273 shares of the company’s stock, valued at $180,658.04. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Peter C. Brown sold 2,578 shares of the firm’s stock in a transaction that occurred on Thursday, June 20th. The shares were sold at an average price of $79.11, for a total transaction of $203,945.58. Following the completion of the sale, the director now directly owns 7,866 shares of the company’s stock, valued at approximately $622,279.26. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 10,965 shares of company stock valued at $851,977. Corporate insiders own 1.34% of the company’s stock.
Shares of NYSE EPR traded up $0.65 during mid-day trading on Monday, hitting $75.18. The company had a trading volume of 1,381 shares, compared to its average volume of 355,828. The company has a debt-to-equity ratio of 1.05, a quick ratio of 5.61 and a current ratio of 5.61. The firm’s 50-day moving average price is $76.35. EPR Properties has a 12 month low of $62.75 and a 12 month high of $80.75. The company has a market cap of $5.73 billion, a price-to-earnings ratio of 12.30, a P/E/G ratio of 4.33 and a beta of 0.58.
EPR Properties (NYSE:EPR) last released its earnings results on Monday, April 29th. The real estate investment trust reported $1.36 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.35 by $0.01. The business had revenue of $164.50 million during the quarter, compared to analysts’ expectations of $162.03 million. EPR Properties had a net margin of 43.47% and a return on equity of 10.81%. The firm’s revenue was up 6.1% on a year-over-year basis. During the same quarter last year, the company earned $1.26 earnings per share. Analysts anticipate that EPR Properties will post 5.41 EPS for the current fiscal year.
The firm also recently declared a jul 19 dividend, which will be paid on Thursday, August 15th. Shareholders of record on Wednesday, July 31st will be paid a dividend of $0.375 per share. The ex-dividend date of this dividend is Tuesday, July 30th. EPR Properties’s dividend payout ratio is 73.77%.
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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