Columbia Partners L L C Investment Management Lowers stake in EPR Properties (EPR)

EPR Properties (EPR) : Columbia Partners L L C Investment Management reduced its stake in EPR Properties by 3.62% during the most recent quarter end. The investment management company now holds a total of 389,392 shares of EPR Properties which is valued at $26,704,503 after selling 14,618 shares in EPR Properties , the firm said in a disclosure report filed with the SEC on Nov 14, 2016.EPR Properties makes up approximately 2.16% of Columbia Partners L L C Investment Management’s portfolio.

Other Hedge Funds, Including , Parallax Volatility Advisers boosted its stake in EPR in the latest quarter, The investment management firm added 288 additional shares and now holds a total of 528 shares of EPR Properties which is valued at $36,210.Uniplan Investment Counsel boosted its stake in EPR in the latest quarter, The investment management firm added 43,445 additional shares and now holds a total of 1,083,454 shares of EPR Properties which is valued at $72,190,540. EPR Properties makes up approx 3.51% of Uniplan Investment Counsel’s portfolio. Robeco Institutional Asset Management B.v. added EPR to its portfolio by purchasing 42,532 company shares during the most recent quarter which is valued at $2,990,000. EPR Properties makes up approx 0.02% of Robeco Institutional Asset Management B.v.’s portfolio. Timber Hill sold out all of its stake in EPR during the most recent quarter. The investment firm sold 2,642 shares of EPR which is valued $182,721.

EPR Properties opened for trading at $67.9 and hit $68.3 on the upside on Monday, eventually ending the session at $68.06, with a gain of 0.62% or 0.42 points. The heightened volatility saw the trading volume jump to 3,32,406 shares. Company has a market cap of $4,331 M.

On the company’s financial health, EPR Properties reported $1.22 EPS for the quarter, based on the information available during the earnings call on Nov 2, 2016. Analyst had a consensus estimate of $1.22. The company had revenue of $125.60 million for the quarter, compared to analysts expectations of $120.35 million. The company’s revenue was up 16.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.15 EPS.

Investors should note that on Nov 17, 2016, EPR Properties announced a cash dividend of $0.3200. The company’s management has announced Nov 28, 2016 as the ex-dividend date and fixed the record date on Nov 30, 2016. The payable date has been fixed on Dec 15, 2016.

Many Wall Street Analysts have commented on EPR Properties. FBR & Co. Initiated EPR Properties on Oct 12, 2016 to “Mkt Perform”, Price Target of the shares are set at $80.

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’s properties are located in 37 states the District of Columbia and in the Canadian province of Ontario. The Company operates in four segments: Entertainment which includes megaplex theatres entertainment retail centers (centers anchored by an entertainment component such as a megaplex theatre or live performance venue and containing other entertainment-related or retail properties) family entertainment centers and other retail parcels; Education which consists of investments in public charter schools early education centers and K-12 private schools; Recreation which includes metro ski parks water-parks and golf entertainment complexes and Other properties which consists of Adelaar casino and resort project in Sullivan County New York.

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