1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Sydnee Gatewood
Sydnee Gatewood
Articles (1600) 

Keeley Asset Management Comments on EPR Properties

Guru stock highlight

January 23, 2020 | About:

EPR Properties (EPR - $70.64 – NYSE) (NYSE:EPR) is a real estate investment trust (REIT) that owns entertainment-oriented properties such as movie theaters, driving ranges, and waterparks, in addition to charter schools. Triple-net REITs have a defensive component to them, and starting in late October, investors broadly rotated toward more cyclical stocks and away from more defensive ones. That rotation was fueled by several factors, including reports at the time of a preliminary trade deal with China and a Federal Reserve Board that had signaled no changes to interest rates. Also, in late November, EPR announced the sale of its charter schools segment and the eventual redeployment of those proceeds into other assets. That sale and redeployment prompted reductions in analyst earnings estimates for EPR for 2020, as the dilution from the asset sale is more predictable than the eventual accretion from new asset purchases.

From Keeley Asset Management's Keeley Mid Cap Dividend Value Fund fourth-quarter 2019 shareholder letter.

About the author:

Sydnee Gatewood
I am the editorial director at GuruFocus. I have a BA in journalism and a MA in mass communications from Texas Tech University. I have lived in Texas most of my life, but also have roots in New Mexico and Colorado. Follow me on Twitter! @gurusydneerg

Rating: 0.0/5 (0 votes)

Comments

Please leave your comment:



Performances of the stocks mentioned by Sydnee Gatewood


User Generated Screeners


pjmason14Momentum
pascal.van.garsseHigh FCF-M2
kosalmmuse6
kosalmmuseBest one1
DBrizanall 2019Feb26
kosalmmuseBest one
DBrizanall 2019Feb25
kosalmmuseNice
kosalmmusehan
MsDale*52-Week Low
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
/* */