JPMorgan Chase & Co. Purchases 12,425 Shares of EPR Properties (NYSE:EPR)

JPMorgan Chase & Co. boosted its position in EPR Properties (NYSE:EPR) by 1.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 685,542 shares of the real estate investment trust’s stock after buying an additional 12,425 shares during the period. JPMorgan Chase & Co.’s holdings in EPR Properties were worth $30,356,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the company. Empowered Funds LLC bought a new stake in shares of EPR Properties in the 4th quarter valued at $352,000. Charles Schwab Investment Management Inc. boosted its stake in EPR Properties by 2.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,380,301 shares of the real estate investment trust’s stock worth $61,120,000 after acquiring an additional 30,401 shares in the last quarter. Kestra Private Wealth Services LLC grew its holdings in EPR Properties by 1.8% in the fourth quarter. Kestra Private Wealth Services LLC now owns 13,739 shares of the real estate investment trust’s stock worth $608,000 after purchasing an additional 249 shares during the period. Cyndeo Wealth Partners LLC increased its stake in EPR Properties by 5.9% in the fourth quarter. Cyndeo Wealth Partners LLC now owns 146,032 shares of the real estate investment trust’s stock valued at $6,466,000 after purchasing an additional 8,102 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in shares of EPR Properties during the fourth quarter valued at about $13,145,000. Institutional investors own 74.66% of the company’s stock.

EPR Properties Trading Down 4.6 %

Shares of EPR Properties stock opened at $43.42 on Wednesday. The company has a market capitalization of $3.30 billion, a P/E ratio of 18.80 and a beta of 1.30. The stock has a fifty day simple moving average of $49.91 and a 200 day simple moving average of $47.38. EPR Properties has a 12-month low of $39.66 and a 12-month high of $54.25. The company has a current ratio of 7.81, a quick ratio of 7.81 and a debt-to-equity ratio of 1.19.

EPR Properties (NYSE:EPR) last posted its earnings results on Wednesday, February 26th. The real estate investment trust reported $1.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.56. The firm had revenue of $149.12 million during the quarter, compared to analyst estimates of $161.25 million. EPR Properties had a net margin of 28.87% and a return on equity of 8.22%. On average, sell-side analysts anticipate that EPR Properties will post 4.65 earnings per share for the current fiscal year.

EPR Properties Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be paid a $0.295 dividend. This is a positive change from EPR Properties’s previous monthly dividend of $0.29. The ex-dividend date of this dividend is Monday, March 31st. This represents a $3.54 annualized dividend and a yield of 8.15%. EPR Properties’s dividend payout ratio (DPR) is 221.25%.

Analysts Set New Price Targets

Several analysts have recently commented on the company. Stifel Nicolaus raised their target price on EPR Properties from $51.00 to $52.00 and gave the company a “hold” rating in a research note on Thursday, February 27th. Royal Bank of Canada raised their price objective on EPR Properties from $50.00 to $58.00 and gave the company an “outperform” rating in a research note on Thursday, March 6th. Wells Fargo & Company upped their target price on EPR Properties from $45.00 to $52.00 and gave the stock an “underweight” rating in a research report on Monday, March 10th. Finally, Truist Financial increased their target price on EPR Properties from $51.00 to $53.00 and gave the stock a “hold” rating in a report on Monday, March 24th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating, two have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $51.00.

Insider Transactions at EPR Properties

In other news, CAO Tonya L. Mater sold 3,120 shares of EPR Properties stock in a transaction on Monday, March 17th. The stock was sold at an average price of $51.90, for a total transaction of $161,928.00. Following the sale, the chief accounting officer now directly owns 46,827 shares in the company, valued at $2,430,321.30. The trade was a 6.25 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Gwendolyn Mary Johnson sold 3,900 shares of the business’s stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $54.02, for a total transaction of $210,678.00. Following the completion of the transaction, the senior vice president now directly owns 8,216 shares in the company, valued at $443,828.32. This trade represents a 32.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 9,520 shares of company stock worth $502,581 in the last 90 days. 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.