Jackson Square Capital LLC Takes Position in EPR Properties (NYSE:EPR)

Jackson Square Capital LLC acquired a new position in EPR Properties (NYSE:EPR) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 9,580 shares of the real estate investment trust’s stock, valued at approximately $470,000.

A number of other large investors also recently bought and sold shares of the business. QRG Capital Management Inc. raised its stake in EPR Properties by 10.5% in the third quarter. QRG Capital Management Inc. now owns 75,613 shares of the real estate investment trust’s stock worth $3,708,000 after buying an additional 7,182 shares in the last quarter. Van ECK Associates Corp raised its stake in EPR Properties by 12.3% in the third quarter. Van ECK Associates Corp now owns 12,937 shares of the real estate investment trust’s stock worth $611,000 after buying an additional 1,420 shares in the last quarter. Harbor Capital Advisors Inc. bought a new position in EPR Properties in the third quarter worth approximately $78,000. Focus Financial Network Inc. raised its stake in EPR Properties by 6.2% in the third quarter. Focus Financial Network Inc. now owns 18,701 shares of the real estate investment trust’s stock worth $922,000 after buying an additional 1,088 shares in the last quarter. Finally, 1620 Investment Advisors Inc. raised its stake in EPR Properties by 2.3% in the third quarter. 1620 Investment Advisors Inc. now owns 14,852 shares of the real estate investment trust’s stock worth $728,000 after buying an additional 341 shares in the last quarter. Institutional investors own 74.66% of the company’s stock.

EPR Properties Price Performance

NYSE:EPR opened at $44.68 on Thursday. The firm’s fifty day moving average is $47.77 and its two-hundred day moving average is $44.40. The firm has a market cap of $3.38 billion, a price-to-earnings ratio of 19.34 and a beta of 1.76. EPR Properties has a one year low of $39.65 and a one year high of $50.26. The company has a debt-to-equity ratio of 1.19, a quick ratio of 7.81 and a current ratio of 7.81.

EPR Properties Announces Dividend

The business also recently declared a oct 24 dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 31st will be given a dividend of $0.285 per share. The ex-dividend date of this dividend is Thursday, October 31st. This represents a dividend yield of 6.9%. EPR Properties’s dividend payout ratio (DPR) is presently 148.05%.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on EPR. Wells Fargo & Company reissued an “underweight” rating and issued a $47.00 price objective (up previously from $45.00) on shares of EPR Properties in a research note on Tuesday, October 1st. JPMorgan Chase & Co. lifted their price target on shares of EPR Properties from $48.00 to $51.00 and gave the stock an “overweight” rating in a report on Monday, September 9th. Truist Financial lifted their price target on shares of EPR Properties from $44.00 to $46.00 and gave the stock a “hold” rating in a report on Friday, August 16th. Royal Bank of Canada raised shares of EPR Properties from a “sector perform” rating to an “outperform” rating and lifted their price target for the stock from $48.00 to $50.00 in a report on Monday, August 5th. Finally, Raymond James raised shares of EPR Properties from an “outperform” rating to a “strong-buy” rating and set a $54.00 price target on the stock in a report on Wednesday, August 21st. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, EPR Properties has an average rating of “Hold” and an average target price of $48.31.

Insider Buying and Selling

In related news, CAO Tonya L. Mater sold 1,000 shares of the company’s stock in a transaction dated Wednesday, August 21st. The shares were sold at an average price of $46.00, for a total transaction of $46,000.00. Following the completion of the sale, the chief accounting officer now owns 42,710 shares of the company’s stock, valued at approximately $1,964,660. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 2.13% of the company’s stock.

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.