EPR Properties (NYSE:EPR) Holdings Cut by Exchange Traded Concepts LLC

Exchange Traded Concepts LLC reduced its stake in EPR Properties (NYSE:EPR) by 13.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 38,519 shares of the real estate investment trust’s stock after selling 6,120 shares during the period. Exchange Traded Concepts LLC owned 0.05% of EPR Properties worth $1,706,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. Geode Capital Management LLC grew its stake in EPR Properties by 0.5% during the 3rd quarter. Geode Capital Management LLC now owns 1,425,119 shares of the real estate investment trust’s stock worth $69,904,000 after buying an additional 7,429 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of EPR Properties by 4.2% during 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 acquiring an additional 54,567 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of EPR Properties by 5.1% during the second quarter. Dimensional Fund Advisors LP now owns 1,106,593 shares of the real estate investment trust’s stock worth $46,454,000 after acquiring an additional 53,997 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of EPR Properties by 35.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 673,117 shares of the real estate investment trust’s stock worth $33,010,000 after acquiring an additional 177,061 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in EPR Properties by 304.7% in the 3rd 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 during the last quarter. 74.66% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have commented on EPR. Wells Fargo & Company restated an “underweight” rating and issued a $47.00 target price (up previously from $45.00) on shares of EPR Properties in a research report on Tuesday, October 1st. UBS Group assumed coverage on EPR Properties in a report on Thursday, November 14th. They issued a “neutral” rating and a $48.00 price objective for the company. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, EPR Properties presently has an average rating of “Hold” and a consensus target price of $47.94.

EPR Properties Price Performance

Shares of NYSE:EPR opened at $48.41 on Tuesday. The stock has a market cap of $3.67 billion, a price-to-earnings ratio of 20.96 and a beta of 1.75. The company has a debt-to-equity ratio of 1.19, a current ratio of 7.81 and a quick ratio of 7.81. EPR Properties has a 12 month low of $39.65 and a 12 month high of $50.26. The stock’s 50 day moving average price is $45.01 and its 200 day moving average price is $45.93.

EPR Properties Dividend Announcement

The company also recently disclosed a jan 25 dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Friday, January 31st will be paid a $0.285 dividend. This represents a dividend yield of 7.5%. The ex-dividend date is Friday, January 31st. EPR Properties’s dividend payout ratio is presently 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.