JPMorgan Chase & Co. Increases Holdings in EPR Properties (NYSE:EPR)

JPMorgan Chase & Co. increased its stake in EPR Properties (NYSE:EPR) by 35.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 673,117 shares of the real estate investment trust’s stock after acquiring an additional 177,061 shares during the period. JPMorgan Chase & Co. owned approximately 0.89% of EPR Properties worth $33,010,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. Abich Financial Wealth Management LLC boosted its holdings in shares of EPR Properties by 1,725.0% in the 3rd quarter. Abich Financial Wealth Management LLC now owns 511 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 483 shares during the period. V Square Quantitative Management LLC purchased a new position in EPR Properties during the third quarter worth $27,000. Brooklyn Investment Group bought a new position in EPR Properties during the third quarter valued at $27,000. Blue Trust Inc. increased its position in EPR Properties by 67.2% during the third quarter. Blue Trust Inc. now owns 709 shares of the real estate investment trust’s stock valued at $35,000 after acquiring an additional 285 shares during the last quarter. Finally, GAMMA Investing LLC raised its stake in shares of EPR Properties by 38.9% in the third quarter. GAMMA Investing LLC now owns 825 shares of the real estate investment trust’s stock valued at $40,000 after acquiring an additional 231 shares during the period. 74.66% of the stock is owned by institutional investors.

EPR Properties Trading Up 0.4 %

Shares of NYSE EPR opened at $44.73 on Tuesday. EPR Properties has a twelve month low of $39.65 and a twelve month high of $50.26. The firm has a market cap of $3.39 billion, a PE ratio of 19.36 and a beta of 1.75. The business has a fifty day simple moving average of $44.81 and a two-hundred day simple moving average of $45.48. The company has a quick ratio of 7.81, a current ratio of 7.81 and a debt-to-equity ratio of 1.19.

EPR Properties Announces Dividend

The company also recently disclosed a dec 24 dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be issued a $0.285 dividend. The ex-dividend date is Tuesday, December 31st. This represents a dividend yield of 7.6%. EPR Properties’s payout ratio is currently 148.05%.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. JMP Securities reiterated a “market perform” rating on shares of EPR Properties in a report on Tuesday, September 24th. Wells Fargo & Company reiterated an “underweight” rating and issued a $47.00 price target (up from $45.00) on shares of EPR Properties in a report on Tuesday, October 1st. JPMorgan Chase & Co. boosted their price objective on EPR Properties from $48.00 to $51.00 and gave the company an “overweight” rating in a report on Monday, September 9th. Finally, UBS Group began coverage on EPR Properties in a research note on Thursday, November 14th. They issued a “neutral” rating and a $48.00 target price on the stock. Two research analysts have rated the stock with a sell rating, five have issued a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, EPR Properties currently has a consensus rating of “Hold” and an average target price of $47.94.

About EPR Properties

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.