Is EPR Properties (EPR) A Good Stock To Buy According To Hedge Funds?

Now that we’ve mentioned the most bullish investors, let’s also take a look at some funds that sold off their entire stakes in the stock during the third quarter. At the top of the heap, Richard S. Pzena’s Pzena Investment Management sold off the biggest stake of the 700 funds monitored by Insider Monkey, valued at about $23.3 million in stock, and Greg Poole’s Echo Street Capital Management was right behind this move, as the fund sold off about $8.2 million worth of shares.

Let’s go over hedge fund activity in other stocks – not necessarily in the same industry as EPR Properties (NYSE:EPR) but similarly valued. These stocks are Weingarten Realty Investors (NYSE:WRI), Opko Health Inc. (NYSE:OPK), Axis Capital Holdings Limited (NYSE:AXS), and TIM Participacoes SA (ADR) (NYSE:TSU). This group of stocks’ market valuations resemble EPR’s market valuation.

As you can see these stocks had an average of 14 hedge funds with bullish positions and the average amount invested in these stocks was $232 million. That figure was $172 million in EPR’s case. Opko Health Inc. (NYSE:OPK) is the most popular stock in this table. On the other hand Weingarten Realty Investors (NYSE:WRI) is the least popular one with only 10 bullish hedge fund positions. EPR Properties (NYSE:EPR) is tied with Opko but the total value of hedge fund holdings is almost three times the total value of hedge fund holdings in OPK. This is a positive signal but it isn’t a screaming buy signal. We believe investors at the very least should take a closer look at the stock with an eye towards initiating a small position.