Stifel Financial Corp Purchases 8,922 Shares of EPR Properties (NYSE:EPR)

Stifel Financial Corp boosted its position in EPR Properties (NYSE:EPR) by 56.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 24,714 shares of the real estate investment trust’s stock after purchasing an additional 8,922 shares during the quarter. Stifel Financial Corp’s holdings in EPR Properties were worth $1,212,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in EPR. Quantinno Capital Management LP increased its stake in shares of EPR Properties by 28.4% in the 3rd quarter. Quantinno Capital Management LP now owns 126,026 shares of the real estate investment trust’s stock worth $6,180,000 after acquiring an additional 27,856 shares in the last quarter. Erste Asset Management GmbH purchased a new stake in EPR Properties in the third quarter worth about $442,000. Captrust Financial Advisors grew its holdings in EPR Properties by 9.8% in the third quarter. Captrust Financial Advisors now owns 5,379 shares of the real estate investment trust’s stock worth $264,000 after purchasing an additional 480 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of EPR Properties by 304.7% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 457,621 shares of the real estate investment trust’s stock valued at $22,442,000 after purchasing an additional 344,544 shares in the last quarter. Finally, Brooklyn Investment Group purchased a new position in shares of EPR Properties during the third quarter valued at approximately $27,000. Hedge funds and other institutional investors own 74.66% of the company’s stock.

Analyst Ratings Changes

EPR has been the topic of several recent research reports. Wells Fargo & Company restated an “underweight” rating and issued a $47.00 price target (up previously from $45.00) on shares of EPR Properties in a research note on Tuesday, October 1st. JMP Securities reissued a “market perform” rating on shares of EPR Properties in a research note on Tuesday, September 24th. UBS Group initiated coverage on EPR Properties in a research report on Thursday, November 14th. They issued a “neutral” rating and a $48.00 price target for the company. Finally, JPMorgan Chase & Co. increased their price objective on shares of EPR Properties from $48.00 to $51.00 and gave the company an “overweight” rating in a research report on Monday, September 9th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $48.28.

EPR Properties Price Performance

Shares of NYSE:EPR opened at $43.59 on Monday. 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 firm has a market cap of $3.30 billion, a price-to-earnings ratio of 18.87 and a beta of 1.75. The business has a 50-day simple moving average of $45.67 and a two-hundred day simple moving average of $45.20. EPR Properties has a fifty-two week low of $39.65 and a fifty-two week high of $50.26.

EPR Properties Dividend Announcement

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 issued a dividend of $0.285 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a dividend yield of 7.6%. EPR Properties’s payout ratio is 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.