JPMorgan Chase & Co. increased its stake in EPR Properties (NYSE:EPR - Free Report) by 35.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 673,117 shares of the real estate investment trust's stock after purchasing an additional 177,061 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.89% of EPR Properties worth $33,010,000 at the end of the most recent quarter.
Other institutional investors have also bought and sold shares of the company. GAMMA Investing LLC boosted its holdings in EPR Properties by 38.9% in the 3rd quarter. GAMMA Investing LLC now owns 825 shares of the real estate investment trust's stock worth $40,000 after buying an additional 231 shares during the period. Blue Trust Inc. lifted its position in shares of EPR Properties by 67.2% during the third quarter. Blue Trust Inc. now owns 709 shares of the real estate investment trust's stock worth $35,000 after acquiring an additional 285 shares in the last quarter. Signaturefd LLC boosted its holdings in shares of EPR Properties by 16.1% in the third quarter. Signaturefd LLC now owns 2,360 shares of the real estate investment trust's stock worth $116,000 after acquiring an additional 328 shares during the period. 1620 Investment Advisors Inc. grew its position in shares of EPR Properties by 2.3% in the third quarter. 1620 Investment Advisors Inc. now owns 14,852 shares of the real estate investment trust's stock valued at $728,000 after purchasing an additional 341 shares in the last quarter. Finally, Private Advisor Group LLC raised its stake in shares of EPR Properties by 2.2% during the 3rd quarter. Private Advisor Group LLC now owns 16,297 shares of the real estate investment trust's stock valued at $799,000 after purchasing an additional 350 shares during the period. Hedge funds and other institutional investors own 74.66% of the company's stock.
Analyst Ratings Changes
EPR has been the subject of a number of recent analyst reports. UBS Group started coverage on EPR Properties in a report on Thursday, November 14th. They set a "neutral" rating and a $48.00 target price for the company. JMP Securities reaffirmed a "market perform" rating on shares of EPR Properties in a report on Tuesday, September 24th. JPMorgan Chase & Co. raised their price target on shares of EPR Properties from $48.00 to $51.00 and gave the company an "overweight" rating in a report on Monday, September 9th. Finally, Wells Fargo & Company reaffirmed an "underweight" rating and issued a $47.00 price target (up previously from $45.00) on shares of EPR Properties in a report on Tuesday, October 1st. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $47.94.
Get Our Latest Stock Report on EPR Properties
EPR Properties Price Performance
EPR traded up $0.34 during trading on Tuesday, reaching $45.04. The stock had a trading volume of 998,062 shares, compared to its average volume of 651,802. The business has a 50-day moving average of $44.81 and a 200-day moving average of $45.48. EPR Properties has a one year low of $39.65 and a one year high of $50.26. The company has a debt-to-equity ratio of 1.19, a quick ratio of 7.81 and a current ratio of 7.81. The stock has a market cap of $3.41 billion, a PE ratio of 19.50 and a beta of 1.75.
EPR Properties Announces Dividend
The company also recently announced a dec 24 dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be paid a $0.285 dividend. This represents a yield of 7.6%. The ex-dividend date of this dividend is Tuesday, December 31st. EPR Properties's dividend payout ratio is currently 148.05%.
About EPR Properties
(
Free Report)
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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