Fmr LLC Has $4.73 Million Stake in EPR Properties (NYSE:EPR)

Fmr LLC reduced its holdings in EPR Properties (NYSE:EPR) by 50.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 96,368 shares of the real estate investment trust’s stock after selling 97,220 shares during the quarter. Fmr LLC owned approximately 0.13% of EPR Properties worth $4,726,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the business. Charles Schwab Investment Management Inc. boosted its stake 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 worth $66,199,000 after purchasing an additional 54,567 shares in the last quarter. Renaissance Technologies LLC lifted its position in EPR Properties by 23.3% during the 2nd quarter. Renaissance Technologies LLC now owns 1,177,586 shares of the real estate investment trust’s stock worth $49,435,000 after buying an additional 222,800 shares in the last quarter. LSV Asset Management grew its holdings in EPR Properties by 0.5% during the 2nd quarter. LSV Asset Management now owns 1,139,494 shares of the real estate investment trust’s stock worth $47,836,000 after acquiring an additional 5,140 shares during the last quarter. Dimensional Fund Advisors LP increased its position in EPR Properties by 5.1% in the 2nd 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 acquiring an additional 53,997 shares in the last quarter. Finally, AQR Capital Management LLC raised its stake in shares of EPR Properties by 64.1% in the second quarter. AQR Capital Management LLC now owns 1,044,134 shares of the real estate investment trust’s stock worth $43,279,000 after acquiring an additional 407,767 shares during the last quarter. 74.66% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of analysts recently weighed in on EPR shares. Wells Fargo & Company reissued 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. UBS Group initiated coverage on EPR Properties in a research report on Thursday, November 14th. They set a “neutral” rating and a $48.00 target price for the company. JPMorgan Chase & Co. raised their price target on EPR Properties from $48.00 to $51.00 and gave the company an “overweight” rating in a report on Monday, September 9th. Raymond James raised EPR Properties from an “outperform” rating to a “strong-buy” rating and set a $54.00 price objective for the company in a report on Wednesday, August 21st. Finally, JMP Securities reaffirmed a “market perform” rating on shares of EPR Properties in a research note on Tuesday, September 24th. Two analysts have rated the stock with a sell rating, five have given a hold rating, three have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $48.28.

EPR Properties Stock Performance

EPR opened at $44.77 on Friday. The company has a debt-to-equity ratio of 1.19, a current ratio of 7.81 and a quick ratio of 7.81. The company has a market capitalization of $3.39 billion, a price-to-earnings ratio of 19.38 and a beta of 1.76. EPR Properties has a 1 year low of $39.65 and a 1 year high of $50.26. The business’s 50-day moving average price is $46.10 and its two-hundred day moving average price is $45.00.

EPR Properties Announces Dividend

The business also recently disclosed a dec 24 dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be paid a dividend of $0.285 per share. EPR Properties’s dividend payout ratio is currently 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.