Exchange Traded Concepts LLC Reduces Stock Holdings in EPR Properties (NYSE:EPR)

Exchange Traded Concepts LLC lessened its stake in shares of EPR Properties (NYSE:EPR - Free Report) by 13.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 38,519 shares of the real estate investment trust's stock after selling 6,120 shares during the period. Exchange Traded Concepts LLC owned approximately 0.05% of EPR Properties worth $1,706,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in EPR. Charles Schwab Investment Management Inc. boosted its position in EPR Properties by 4.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,349,900 shares of the real estate investment trust's stock valued at $66,199,000 after buying an additional 54,567 shares during the last quarter. International Assets Investment Management LLC purchased a new stake in shares of EPR Properties in the 3rd quarter valued at $3,285,000. Algert Global LLC boosted its holdings in shares of EPR Properties by 58.6% in the 3rd quarter. Algert Global LLC now owns 140,626 shares of the real estate investment trust's stock valued at $6,896,000 after acquiring an additional 51,980 shares during the last quarter. Los Angeles Capital Management LLC increased its stake in shares of EPR Properties by 19.0% in the third quarter. Los Angeles Capital Management LLC now owns 302,130 shares of the real estate investment trust's stock worth $14,816,000 after acquiring an additional 48,229 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in shares of EPR Properties by 35.7% during the third quarter. JPMorgan Chase & Co. now owns 673,117 shares of the real estate investment trust's stock worth $33,010,000 after purchasing an additional 177,061 shares during the last quarter. Hedge funds and other institutional investors own 74.66% of the company's stock.

EPR Properties Price Performance

Shares of EPR Properties stock traded down $1.40 on Tuesday, reaching $47.02. The company's stock had a trading volume of 548,723 shares, compared to its average volume of 635,590. EPR Properties has a 52-week low of $39.65 and a 52-week high of $50.26. The company has a market capitalization of $3.56 billion, a P/E ratio of 20.36 and a beta of 1.75. The company has a quick ratio of 7.81, a current ratio of 7.81 and a debt-to-equity ratio of 1.19. The stock has a 50-day moving average price of $45.13 and a 200-day moving average price of $46.00.

EPR Properties Announces Dividend

The business also recently declared a jan 25 dividend, which will be paid on Tuesday, February 18th. Investors of record on Friday, January 31st will be given a dividend of $0.285 per share. The ex-dividend date of this dividend is Friday, January 31st. This represents a dividend yield of 7.5%. EPR Properties's dividend payout ratio (DPR) is presently 148.05%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on EPR shares. UBS Group initiated coverage on shares of EPR Properties in a report on Thursday, November 14th. They issued a "neutral" rating and a $48.00 price target on the stock. Wells Fargo & Company reaffirmed an "underweight" rating and set a $47.00 target price (up from $45.00) on shares of EPR Properties in a report on Tuesday, October 1st. Two analysts have rated the stock with a sell rating, five have issued a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $47.94.

EPR Properties Company 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.