JPMorgan Chase & Co. Acquires 12,425 Shares of EPR Properties (NYSE:EPR)

JPMorgan Chase & Co. increased its stake in shares of EPR Properties (NYSE:EPR - Free Report) by 1.8% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 685,542 shares of the real estate investment trust's stock after acquiring an additional 12,425 shares during the period. JPMorgan Chase & Co. owned about 0.91% of EPR Properties worth $30,356,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Empowered Funds LLC bought a new position in shares of EPR Properties in the 4th quarter valued at about $352,000. Charles Schwab Investment Management Inc. grew its holdings in EPR Properties by 2.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,380,301 shares of the real estate investment trust's stock worth $61,120,000 after purchasing an additional 30,401 shares during the period. Kestra Private Wealth Services LLC increased its position in EPR Properties by 1.8% during the fourth quarter. Kestra Private Wealth Services LLC now owns 13,739 shares of the real estate investment trust's stock worth $608,000 after buying an additional 249 shares during the last quarter. Cyndeo Wealth Partners LLC increased its position in EPR Properties by 5.9% during the fourth quarter. Cyndeo Wealth Partners LLC now owns 146,032 shares of the real estate investment trust's stock worth $6,466,000 after buying an additional 8,102 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new stake in EPR Properties in the fourth quarter valued at approximately $13,145,000. 74.66% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently commented on EPR shares. Truist Financial lifted their target price on EPR Properties from $51.00 to $53.00 and gave the stock a "hold" rating in a research note on Monday, March 24th. Royal Bank of Canada increased their price objective on shares of EPR Properties from $50.00 to $58.00 and gave the company an "outperform" rating in a research report on Thursday, March 6th. Wells Fargo & Company raised their target price on shares of EPR Properties from $45.00 to $52.00 and gave the stock an "underweight" rating in a research note on Monday, March 10th. Finally, Stifel Nicolaus upped their price target on shares of EPR Properties from $51.00 to $52.00 and gave the company a "hold" rating in a research note on Thursday, February 27th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, EPR Properties currently has an average rating of "Hold" and a consensus target price of $51.00.

EPR Properties Stock Performance

Shares of EPR stock traded up $0.95 on Friday, hitting $47.18. The company's stock had a trading volume of 1,040,131 shares, compared to its average volume of 615,602. EPR Properties has a fifty-two week low of $39.66 and a fifty-two week high of $54.25. The company has a market capitalization of $3.59 billion, a PE ratio of 20.42 and a beta of 1.30. The stock's 50 day moving average is $49.96 and its 200-day moving average is $47.32. The company has a debt-to-equity ratio of 1.19, a quick ratio of 7.81 and a current ratio of 7.81.

EPR Properties (NYSE:EPR - Get Free Report) last announced its earnings results on Wednesday, February 26th. The real estate investment trust reported $1.22 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.66 by $0.56. EPR Properties had a net margin of 28.87% and a return on equity of 8.22%. The firm had revenue of $149.12 million for the quarter, compared to analyst estimates of $161.25 million. Equities research analysts expect that EPR Properties will post 4.65 earnings per share for the current fiscal year.

EPR Properties Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be issued a $0.295 dividend. The ex-dividend date is Monday, March 31st. This is a boost from EPR Properties's previous monthly dividend of $0.29. This represents a $3.54 annualized dividend and a yield of 7.50%. EPR Properties's payout ratio is currently 221.25%.

Insider Activity

In related news, CAO Tonya L. Mater sold 3,120 shares of the business's stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $51.90, for a total value of $161,928.00. Following the completion of the transaction, the chief accounting officer now owns 46,827 shares of the company's stock, valued at $2,430,321.30. The trade was a 6.25 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Gwendolyn Mary Johnson sold 3,900 shares of the stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $54.02, for a total transaction of $210,678.00. Following the sale, the senior vice president now owns 8,216 shares in the company, valued at $443,828.32. The trade was a 32.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 9,520 shares of company stock worth $502,581. 2.13% of the stock is currently owned by company insiders.

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.