Raymond James Financial Services Advisors Inc. Buys 12,597 Shares of EPR Properties (NYSE:EPR)

Raymond James Financial Services Advisors Inc. lifted its stake in EPR Properties (NYSE:EPRGet Rating) by 136.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 21,838 shares of the real estate investment trust’s stock after acquiring an additional 12,597 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in EPR Properties were worth $783,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the stock. All Season Financial Advisors Inc. raised its position in shares of EPR Properties by 4.7% in the 3rd quarter. All Season Financial Advisors Inc. now owns 8,901 shares of the real estate investment trust’s stock worth $319,000 after acquiring an additional 397 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. increased its position in EPR Properties by 0.7% during the 3rd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 90,437 shares of the real estate investment trust’s stock valued at $3,243,000 after buying an additional 615 shares in the last quarter. State of Alaska Department of Revenue increased its position in EPR Properties by 2.1% during the 3rd quarter. State of Alaska Department of Revenue now owns 72,172 shares of the real estate investment trust’s stock valued at $2,586,000 after buying an additional 1,465 shares in the last quarter. Louisiana State Employees Retirement System acquired a new position in EPR Properties during the 3rd quarter valued at about $717,000. Finally, Byrne Asset Management LLC increased its position in EPR Properties by 30.7% during the 3rd quarter. Byrne Asset Management LLC now owns 4,586 shares of the real estate investment trust’s stock valued at $165,000 after buying an additional 1,076 shares in the last quarter. 77.57% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the company. Truist Financial reduced their target price on EPR Properties from $57.00 to $45.00 in a research report on Friday, December 16th. JPMorgan Chase & Co. upgraded EPR Properties from an “underweight” rating to a “neutral” rating and set a $52.00 target price on the stock in a research note on Friday, December 16th. StockNews.com downgraded EPR Properties from a “buy” rating to a “hold” rating in a research note on Friday, January 13th. Finally, Raymond James lowered their target price on EPR Properties from $48.00 to $45.00 and set a “strong-buy” rating on the stock in a research note on Monday, January 9th. Five equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, EPR Properties presently has a consensus rating of “Hold” and a consensus target price of $51.21.

EPR Properties Stock Performance

NYSE EPR opened at $40.39 on Monday. The stock has a market capitalization of $3.03 billion, a price-to-earnings ratio of 19.70, a PEG ratio of 0.96 and a beta of 1.60. EPR Properties has a twelve month low of $34.58 and a twelve month high of $56.38. The company has a current ratio of 7.42, a quick ratio of 7.42 and a debt-to-equity ratio of 1.10. The stock has a 50-day moving average of $39.53 and a 200 day moving average of $42.47.

EPR Properties Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, February 15th. Investors of record on Tuesday, January 31st will be issued a $0.275 dividend. The ex-dividend date of this dividend is Monday, January 30th. This represents a $3.30 dividend on an annualized basis and a yield of 8.17%. EPR Properties’s payout ratio is 160.98%.

EPR Properties Profile

(Get Rating)

EPR Properties operates as a real estate investment trust. The firm engages in the development, finance and leasing of theaters, entertainment retail and family entertainment centers. It operates through the following segments: Experiential, Education, and Corporate/Unallocated. The Experiential segment includes investments in megaplex theaters, entertainment retail centers, family entertainment centers and other retail parcels.

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Institutional Ownership by Quarter for EPR Properties (NYSE:EPR)

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