State Of New Jersey Common Pension Fund D Lowers stake in EPR Properties (EPR)

EPR Properties (EPR) : State Of New Jersey Common Pension Fund D reduced its stake in EPR Properties by 1.48% during the most recent quarter end. The investment management company now holds a total of 1,991,500 shares of EPR Properties which is valued at $161,829,290 after selling 30,000 shares in EPR Properties , the firm said in a disclosure report filed with the SEC on Aug 2, 2016.EPR Properties makes up approximately 0.71% of State Of New Jersey Common Pension Fund D’s portfolio.

Other Hedge Funds, Including , Eii Capital Management sold out all of its stake in EPR during the most recent quarter. The investment firm sold 30,300 shares of EPR which is valued $2,462,178.Boston Private Wealth reduced its stake in EPR by selling 2,575 shares or 7.44% in the most recent quarter. The Hedge Fund company now holds 32,028 shares of EPR which is valued at $2,602,595. EPR Properties makes up approx 0.10% of Boston Private Wealth’s portfolio.Chicago Equity Partners reduced its stake in EPR by selling 27,630 shares or 56.29% in the most recent quarter. The Hedge Fund company now holds 21,455 shares of EPR which is valued at $1,802,649. EPR Properties makes up approx 0.05% of Chicago Equity Partners’s portfolio.American Century Companies Inc reduced its stake in EPR by selling 34,591 shares or 32.67% in the most recent quarter. The Hedge Fund company now holds 71,291 shares of EPR which is valued at $5,855,843. EPR Properties makes up approx 0.01% of American Century Companies Inc’s portfolio.State Of Alaska Department Of Revenue reduced its stake in EPR by selling 4,410 shares or 15.22% in the most recent quarter. The Hedge Fund company now holds 24,570 shares of EPR which is valued at $2,003,438. EPR Properties makes up approx 0.21% of State Of Alaska Department Of Revenue’s portfolio.

EPR Properties closed down -0.29 points or -0.36% at $80.88 with 2,17,349 shares getting traded on Monday. Post opening the session at $81.12, the shares hit an intraday low of $80.66 and an intraday high of $81.56 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, EPR Properties reported $1.17 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Aug 3, 2016. Analyst had a consensus of $1.16. The company had revenue of $118.00 million for the quarter, compared to analysts expectations of $118.55 million. The company’s revenue was up 16.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.08 EPS.

Many Wall Street Analysts have commented on EPR Properties. Company shares were Reiterated by RBC Capital Mkts on Aug 4, 2016 to “Outperform”, Firm has raised the Price Target to $ 88 from a previous price target of $70 .EPR Properties was Upgraded by KeyBanc Capital Mkts to ” Overweight” on Jul 15, 2016.

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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