Sound Stewardship LLC bought a new position in shares of EPR Properties (NYSE:EPR – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 4,869 shares of the real estate investment trust’s stock, valued at approximately $216,000.
A number of other large investors also recently made changes to their positions in EPR. Geode Capital Management LLC lifted its holdings in EPR Properties by 0.5% during the third quarter. Geode Capital Management LLC now owns 1,425,119 shares of the real estate investment trust’s stock worth $69,904,000 after acquiring an additional 7,429 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in EPR Properties by 4.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,349,900 shares of the real estate investment trust’s stock worth $66,199,000 after buying an additional 54,567 shares during the period. Dimensional Fund Advisors LP lifted its stake in EPR Properties by 5.1% in the second quarter. Dimensional Fund Advisors LP now owns 1,106,593 shares of the real estate investment trust’s stock valued at $46,454,000 after buying an additional 53,997 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of EPR Properties by 35.7% in the third quarter. JPMorgan Chase & Co. now owns 673,117 shares of the real estate investment trust’s stock valued at $33,010,000 after buying an additional 177,061 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of EPR Properties by 304.7% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 457,621 shares of the real estate investment trust’s stock worth $22,442,000 after acquiring an additional 344,544 shares in the last quarter. Institutional investors and hedge funds own 74.66% of the company’s stock.
Analyst Upgrades and Downgrades
EPR has been the topic of several research reports. Wells Fargo & Company reaffirmed an “underweight” rating and issued a $47.00 price objective (up from $45.00) on shares of EPR Properties in a research report on Tuesday, October 1st. UBS Group assumed coverage on EPR Properties in a research report on Thursday, November 14th. They issued a “neutral” rating and a $48.00 target price on the stock. Two analysts have rated the stock with a sell rating, five have given a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $47.94.
EPR Properties Trading Up 1.5 %
NYSE EPR opened at $48.41 on Tuesday. The company has a market cap of $3.67 billion, a PE ratio of 20.96 and a beta of 1.75. EPR Properties has a 12 month low of $39.65 and a 12 month high of $50.26. The stock has a 50 day moving average of $45.01 and a 200-day moving average of $45.93. The company has a current ratio of 7.81, a quick ratio of 7.81 and a debt-to-equity ratio of 1.19.
EPR Properties Dividend Announcement
The business also recently disclosed a jan 25 dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Friday, January 31st will be given a $0.285 dividend. This represents a dividend yield of 7.5%. The ex-dividend date of this dividend is Friday, January 31st. EPR Properties’s payout ratio is presently 148.05%.
EPR Properties Profile
EPR Properties (NYSE:EPR) is the leading diversified experiential net lease real estate investment trust (REIT), specializing in select enduring experiential properties in the real estate industry. We focus on real estate venues that create value by facilitating out of home leisure and recreation experiences where consumers choose to spend their discretionary time and money.
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