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

Raymond James & Associates grew its stake in shares of EPR Properties (NYSE:EPR) by 398.0% in the third quarter, Holdings Channel.com reports. The fund owned 154,198 shares of the real estate investment trust’s stock after purchasing an additional 123,233 shares during the period. Raymond James & Associates’ holdings in EPR Properties were worth $7,562,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of EPR. Allspring Global Investments Holdings LLC increased its stake in shares of EPR Properties by 72.5% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 4,010 shares of the real estate investment trust’s stock worth $170,000 after purchasing an additional 1,686 shares in the last quarter. State of Michigan Retirement System increased its stake in shares of EPR Properties by 2.2% during the 1st quarter. State of Michigan Retirement System now owns 18,489 shares of the real estate investment trust’s stock worth $785,000 after purchasing an additional 400 shares in the last quarter. Retirement Systems of Alabama increased its stake in shares of EPR Properties by 0.3% during the 1st quarter. Retirement Systems of Alabama now owns 94,594 shares of the real estate investment trust’s stock worth $4,016,000 after purchasing an additional 249 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of EPR Properties by 13.2% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 233,469 shares of the real estate investment trust’s stock worth $9,911,000 after purchasing an additional 27,281 shares in the last quarter. Finally, BNP Paribas Financial Markets increased its stake in shares of EPR Properties by 55.4% during the 1st quarter. BNP Paribas Financial Markets now owns 22,216 shares of the real estate investment trust’s stock worth $943,000 after purchasing an additional 7,923 shares in the last quarter. 74.66% of the stock is currently owned by institutional investors and hedge funds.

EPR Properties Stock Up 1.5 %

Shares of NYSE EPR opened at $47.54 on Thursday. EPR Properties has a 52-week low of $39.65 and a 52-week high of $50.26. The firm has a fifty day moving average of $47.99 and a 200-day moving average of $44.23. The stock has a market capitalization of $3.60 billion, a PE ratio of 23.42 and a beta of 1.75. 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 Announces Dividend

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

Analyst Ratings Changes

A number of research analysts have recently weighed in on EPR shares. Royal Bank of Canada raised shares of EPR Properties from a “sector perform” rating to an “outperform” rating and raised their price objective for the stock from $48.00 to $50.00 in a research note on Monday, August 5th. Raymond James raised shares of EPR Properties from an “outperform” rating to a “strong-buy” rating and set a $54.00 target price for the company in a research note on Wednesday, August 21st. StockNews.com cut shares of EPR Properties from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. Stifel Nicolaus lifted their target price on shares of EPR Properties from $42.50 to $47.50 and gave the stock a “hold” rating in a research note on Thursday, August 1st. Finally, JMP Securities reaffirmed a “market perform” rating on shares of EPR Properties in a research note on Tuesday, September 24th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, EPR Properties has a consensus rating of “Hold” and an average price target of $48.31.

Insider Activity

In other news, SVP Gwendolyn Mary Johnson sold 592 shares of the business’s stock in a transaction on Monday, August 5th. The shares were sold at an average price of $43.82, for a total transaction of $25,941.44. Following the completion of the sale, the senior vice president now directly owns 5,780 shares of the company’s stock, valued at $253,279.60. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In related news, CAO Tonya L. Mater sold 1,000 shares of EPR Properties stock in a transaction on Wednesday, August 21st. The shares were 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 in the company, valued at approximately $1,964,660. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Gwendolyn Mary Johnson sold 592 shares of EPR Properties stock in a transaction on Monday, August 5th. The shares were sold at an average price of $43.82, for a total transaction of $25,941.44. Following the transaction, the senior vice president now owns 5,780 shares in the company, valued at $253,279.60. 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.