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

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

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Lazard Asset Management LLC purchased a new position in EPR Properties during the 1st quarter valued at approximately $28,000. Venture Visionary Partners LLC purchased a new position in EPR Properties during the 2nd quarter valued at approximately $29,000. Activest Wealth Management purchased a new position in EPR Properties during the 3rd quarter valued at approximately $47,000. Harvest Fund Management Co. Ltd grew its holdings in EPR Properties by 329.1% during the 2nd quarter. Harvest Fund Management Co. Ltd now owns 1,373 shares of the real estate investment trust’s stock valued at $64,000 after buying an additional 1,053 shares in the last quarter. Finally, Charter Oak Capital Management LLC purchased a new position in shares of EPR Properties in the 2nd quarter worth approximately $67,000. Institutional investors own 77.57% of the company’s stock.

EPR Properties Price Performance

EPR opened at $40.39 on Monday. The business has a fifty day moving average of $39.53 and a 200 day moving average of $42.47. EPR Properties has a 52-week low of $34.58 and a 52-week high of $56.38. The company has a quick ratio of 7.42, a current ratio of 7.42 and a debt-to-equity ratio of 1.10. The stock has a market cap of $3.03 billion, a P/E ratio of 19.70, a PEG ratio of 0.96 and a beta of 1.60.

EPR Properties Dividend Announcement

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

Analyst Upgrades and Downgrades

EPR has been the subject of a number of recent research reports. StockNews.com cut EPR Properties from a “buy” rating to a “hold” rating in a report on Friday, January 13th. Truist Financial dropped their target price on EPR Properties from $57.00 to $45.00 in a report on Friday, December 16th. Raymond James dropped their target price on EPR Properties from $48.00 to $45.00 and set a “strong-buy” rating for the company in a report on Monday, January 9th. Finally, JPMorgan Chase & Co. upgraded EPR Properties from an “underweight” rating to a “neutral” rating and set a $52.00 target price for the company in a report on Friday, December 16th. Five analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $51.21.

EPR Properties Company Profile

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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.