Highland Capital Management LLC Boosts Stock Position in EPR Properties (NYSE:EPR)

Highland Capital Management LLC increased its stake in shares of EPR Properties (NYSE:EPR) by 6.6% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 5,610 shares of the real estate investment trust’s stock after buying an additional 349 shares during the quarter. Highland Capital Management LLC’s holdings in EPR Properties were worth $248,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Geode Capital Management LLC raised its holdings in shares of 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 acquiring an additional 7,429 shares during the period. Charles Schwab Investment Management Inc. raised its stake in 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 purchasing an additional 54,567 shares during the period. JPMorgan Chase & Co. boosted its holdings in 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 valued at $33,010,000 after purchasing an additional 177,061 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings 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. Finally, Los Angeles Capital Management LLC increased its holdings in shares of EPR Properties by 19.0% during the 3rd quarter. Los Angeles Capital Management LLC now owns 302,130 shares of the real estate investment trust’s stock worth $14,816,000 after buying an additional 48,229 shares during the last quarter. Institutional investors and hedge funds own 74.66% of the company’s stock.

Analyst Upgrades and Downgrades

EPR has been the subject of several analyst reports. UBS Group assumed coverage on EPR Properties in a research report on Thursday, November 14th. They issued a “neutral” rating and a $48.00 price objective for the company. Royal Bank of Canada reiterated an “outperform” rating and set a $50.00 price target on shares of EPR Properties in a report on Thursday. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, two have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $47.94.

EPR Properties Stock Performance

Shares of EPR Properties stock opened at $46.12 on Friday. The stock has a market capitalization of $3.49 billion, a price-to-earnings ratio of 19.96 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. The business has a 50-day moving average of $45.23 and a 200 day moving average of $46.03. EPR Properties has a 12 month low of $39.65 and a 12 month high of $50.26.

EPR Properties Announces Dividend

The firm also recently disclosed a jan 25 dividend, which will be paid on Tuesday, February 18th. Investors of record on Friday, January 31st will be issued a $0.285 dividend. This represents a dividend yield of 7.5%. The ex-dividend date of this dividend is Friday, January 31st. EPR Properties’s dividend payout ratio (DPR) is currently 148.05%.

EPR Properties Company 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.