Jupiter Asset Management Ltd. Makes New Investment in EPR Properties $EPR

Jupiter Asset Management Ltd. bought a new stake in shares of EPR Properties (NYSE:EPR) in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 193,797 shares of the real estate investment trust’s stock, valued at approximately $11,242,000.

A number of other large investors also recently modified their holdings of EPR. True Wealth Design LLC boosted its holdings in shares of EPR Properties by 99.6% in the 3rd quarter. True Wealth Design LLC now owns 461 shares of the real estate investment trust’s stock valued at $27,000 after buying an additional 230 shares during the period. Atlantic Union Bankshares Corp bought a new position in EPR Properties in the third quarter worth about $27,000. Loomis Sayles & Co. L P acquired a new position in EPR Properties in the second quarter valued at approximately $32,000. SJS Investment Consulting Inc. boosted its stake in EPR Properties by 4,964.7% in the third quarter. SJS Investment Consulting Inc. now owns 861 shares of the real estate investment trust’s stock valued at $50,000 after acquiring an additional 844 shares during the period. Finally, Cullen Frost Bankers Inc. grew its holdings in shares of EPR Properties by 201.6% during the second quarter. Cullen Frost Bankers Inc. now owns 938 shares of the real estate investment trust’s stock valued at $55,000 after purchasing an additional 627 shares during the last quarter. 74.66% of the stock is currently owned by institutional investors.

EPR Properties Trading Up 0.6%

Shares of EPR stock opened at $57.68 on Friday. EPR Properties has a 1 year low of $41.75 and a 1 year high of $61.24. The firm has a market capitalization of $4.39 billion, a PE ratio of 25.19, a price-to-earnings-growth ratio of 3.40 and a beta of 0.99. The stock has a fifty day moving average of $53.50 and a two-hundred day moving average of $53.56. The company has a debt-to-equity ratio of 1.19, a quick ratio of 7.21 and a current ratio of 7.21.

EPR Properties Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, March 16th. Investors of record on Friday, February 27th will be issued a $0.295 dividend. The ex-dividend date of this dividend is Friday, February 27th. This represents a c) annualized dividend and a yield of 6.1%. EPR Properties’s dividend payout ratio is presently 154.59%.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Wall Street Zen lowered EPR Properties from a “buy” rating to a “hold” rating in a research report on Saturday, November 1st. Wells Fargo & Company cut their target price on EPR Properties from $56.00 to $54.00 and set an “equal weight” rating on the stock in a research note on Tuesday, November 25th. Weiss Ratings reissued a “buy (b-)” rating on shares of EPR Properties in a report on Monday, December 29th. Truist Financial upped their price target on shares of EPR Properties from $55.00 to $57.00 and gave the stock a “hold” rating in a research report on Tuesday, November 18th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and issued a $58.00 price objective on shares of EPR Properties in a research report on Friday, January 30th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $58.36.

Insider Transactions at EPR Properties

In related news, EVP Gregory E. Zimmerman sold 7,500 shares of the stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $53.89, for a total value of $404,175.00. Following the completion of the transaction, the executive vice president owned 66,294 shares in the company, valued at $3,572,583.66. This represents a 10.16% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 2.31% of the stock is owned by corporate insiders.

EPR Properties Profile

EPR Properties is a real estate investment trust that specializes in experiential properties across the United States, Canada and select international markets. Established in 1997 and headquartered in Kansas City, Missouri, the company targets properties in the entertainment, recreation and education sectors. Its portfolio includes movie theaters, ski resorts, family entertainment centers, charter schools and other venues that benefit from consumer-driven experiences.

The trust employs long-term, triple-net lease agreements, where tenants are responsible for real estate taxes, insurance and maintenance.