EPR Properties (NYSE:EPR) Shares Acquired by Raymond James & Associates

Raymond James & Associates increased its stake in EPR Properties (NYSE:EPR) by 398.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 154,198 shares of the real estate investment trust’s stock after acquiring an additional 123,233 shares during the period. Raymond James & Associates owned approximately 0.20% of EPR Properties worth $7,562,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of EPR. 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 valued at $43,279,000 after acquiring an additional 407,767 shares in the last quarter. Renaissance Technologies LLC raised its stake in shares of EPR Properties by 23.3% in the second quarter. Renaissance Technologies LLC now owns 1,177,586 shares of the real estate investment trust’s stock valued at $49,435,000 after acquiring an additional 222,800 shares in the last quarter. Swedbank AB acquired a new stake in shares of EPR Properties in the first quarter valued at $7,429,000. Vanguard Group Inc. raised its stake in shares of EPR Properties by 1.0% in the first quarter. Vanguard Group Inc. now owns 11,366,416 shares of the real estate investment trust’s stock valued at $482,504,000 after acquiring an additional 109,144 shares in the last quarter. Finally, Algert Global LLC raised its stake in shares of EPR Properties by 369.7% in the second quarter. Algert Global LLC now owns 88,646 shares of the real estate investment trust’s stock valued at $3,721,000 after acquiring an additional 69,774 shares in the last quarter. 74.66% of the stock is currently owned by institutional investors and hedge funds.

EPR Properties Stock Performance

NYSE EPR opened at $47.54 on Thursday. The company has a quick ratio of 11.12, a current ratio of 11.12 and a debt-to-equity ratio of 1.16. EPR Properties has a 52-week low of $39.65 and a 52-week high of $50.26. The business’s 50-day moving average price is $47.99 and its 200 day moving average price is $44.23. The firm has a market cap of $3.60 billion, a P/E ratio of 23.42 and a beta of 1.75.

EPR Properties Dividend Announcement

The business also recently declared a oct 24 dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 31st will be issued a dividend of $0.285 per share. This represents a dividend yield of 6.9%. The ex-dividend date is Thursday, October 31st. EPR Properties’s dividend payout ratio is currently 168.47%.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on EPR shares. JMP Securities reissued a “market perform” rating on shares of EPR Properties in a report on Tuesday, September 24th. Truist Financial increased their target price on EPR Properties from $44.00 to $46.00 and gave the company a “hold” rating in a report on Friday, August 16th. Stifel Nicolaus increased their target price on EPR Properties from $42.50 to $47.50 and gave the company a “hold” rating in a report on Thursday, August 1st. Wells Fargo & Company reissued an “underweight” rating and issued a $47.00 target price (up previously from $45.00) on shares of EPR Properties in a report on Tuesday, October 1st. Finally, StockNews.com lowered EPR Properties from a “buy” rating to a “hold” rating in a report on Thursday, August 1st. Two analysts have rated the stock with a sell rating, four have issued a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $48.31.

Insider Buying and Selling

In related news, CAO Tonya L. Mater sold 1,000 shares of the firm’s stock in a transaction dated Wednesday, August 21st. The stock was sold at an average price of $46.00, for a total transaction of $46,000.00. Following the transaction, the chief accounting officer now owns 42,710 shares of the company’s stock, valued at $1,964,660. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. In related news, SVP Gwendolyn Mary Johnson sold 592 shares of the firm’s stock in a transaction dated Monday, August 5th. The shares were sold at an average price of $43.82, for a total value of $25,941.44. Following the completion of the sale, the senior vice president now owns 5,780 shares in the company, valued at $253,279.60. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Tonya L. Mater sold 1,000 shares of the firm’s stock in a transaction dated Wednesday, August 21st. The shares were sold at an average price of $46.00, for a total transaction of $46,000.00. Following the completion of the sale, the chief accounting officer now owns 42,710 shares of the company’s stock, valued at approximately $1,964,660. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 2.13% of the company’s stock.

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.