Here is What Hedge Funds Think About EPR Properties (EPR)

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As aggregate interest increased, key money managers were leading the bulls’ herd. Echo Street Capital Management, managed by Greg Poole, assembled the largest position in EPR Properties (NYSE:EPR). Echo Street Capital Management had $13.4 million invested in the company at the end of the quarter. Rod Hinze’s KeyPoint Capital Management also initiated a $2.7 million position during the quarter. The other funds with new positions in the stock are Andy Redleaf’s Whitebox Advisors, Mike Vranos’s Ellington, and George Hall’s Clinton Group.

Let’s now take a look at hedge fund activity in other stocks similar to EPR Properties (NYSE:EPR). These stocks are YY Inc (ADR) (NASDAQ:YY), Radius Health Inc (NASDAQ:RDUS), DCT Industrial Trust Inc. (NYSE:DCT), and Ubiquiti Networks Inc (NASDAQ:UBNT). All of these stocks’ market caps are similar to EPR Properties (NYSE:EPR)’s market cap.

Ticker No of HFs with positions Total Value of HF Positions (x1000) Change in HF Position
YY 18 147741 -7
RDUS 23 562792 0
DCT 8 130423 -1
UBNT 10 150343 -2

As you can see, these stocks had an average of 15 hedge funds with bullish positions and the average amount invested in these stocks was $248 million. That figure was $184 million in EPR Properties (NYSE:EPR)’s case. Radius Health Inc (NASDAQ:RDUS) is the most popular stock in this table. On the other hand, DCT Industrial Trust Inc. (NYSE:DCT) is the least popular one with only 8 bullish hedge fund positions. EPR Properties (NYSE:EPR) is not the most popular stock in this group, but hedge fund interest is still above average. This is a slightly positive signal, but we’d rather spend our time researching stocks that hedge funds are piling on. In this regard, Radius Health Inc (NASDAQ:RDUS) might be a better candidate to consider a long position.

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