Geode Capital Management LLC Has $69.90 Million Stake in EPR Properties (NYSE:EPR)

Geode Capital Management LLC grew its stake in shares of EPR Properties (NYSE:EPR) by 0.5% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 1,425,119 shares of the real estate investment trust’s stock after buying an additional 7,429 shares during the period. Geode Capital Management LLC owned approximately 1.88% of EPR Properties worth $69,904,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. M&T Bank Corp lifted its holdings in shares of EPR Properties by 11.1% during the 3rd quarter. M&T Bank Corp now owns 12,146 shares of the real estate investment trust’s stock worth $596,000 after acquiring an additional 1,218 shares during the period. Barclays PLC lifted its stake in EPR Properties by 14.6% during the third quarter. Barclays PLC now owns 40,647 shares of the real estate investment trust’s stock worth $1,993,000 after purchasing an additional 5,184 shares during the period. XTX Topco Ltd lifted its stake in EPR Properties by 157.8% during the third quarter. XTX Topco Ltd now owns 13,238 shares of the real estate investment trust’s stock worth $649,000 after purchasing an additional 8,103 shares during the period. Stifel Financial Corp grew its stake in shares of EPR Properties by 56.5% in the 3rd quarter. Stifel Financial Corp now owns 24,714 shares of the real estate investment trust’s stock valued at $1,212,000 after purchasing an additional 8,922 shares during the period. Finally, Quantinno Capital Management LP raised its holdings 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 buying an additional 27,856 shares in the last quarter. Institutional investors own 74.66% of the company’s stock.

EPR Properties Stock Up 1.0 %

Shares of NYSE:EPR opened at $43.59 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 stock has a market cap of $3.30 billion, a price-to-earnings ratio of 18.87 and a beta of 1.75. The company has a 50 day moving average of $45.67 and a 200-day moving average of $45.17. EPR Properties has a one year low of $39.65 and a one year 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. Investors of record on Tuesday, December 31st will be issued a $0.285 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a yield of 7.6%. EPR Properties’s dividend payout ratio is presently 148.05%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. JPMorgan Chase & Co. upped their price target on EPR Properties from $48.00 to $51.00 and gave the company an “overweight” rating in a research report on Monday, September 9th. JMP Securities reaffirmed a “market perform” rating on shares of EPR Properties in a report on Tuesday, September 24th. Wells Fargo & Company reissued an “underweight” rating and set a $47.00 price target (up from $45.00) on shares of EPR Properties in a report on Tuesday, October 1st. Finally, UBS Group started coverage on shares of EPR Properties in a research note on Thursday, November 14th. They set a “neutral” rating and a $48.00 price objective on the stock. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, EPR Properties presently has an average rating of “Hold” and a consensus target price of $48.28.

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.