Jackson Square Capital LLC Invests $470,000 in EPR Properties (NYSE:EPR)

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

Other hedge funds have also recently made changes to their positions in the company. AQR Capital Management LLC lifted its position in EPR Properties by 64.1% in the 2nd quarter. AQR Capital Management LLC now owns 1,044,134 shares of the real estate investment trust’s stock valued at $43,279,000 after acquiring an additional 407,767 shares in the last quarter. Renaissance Technologies LLC increased its stake in shares of EPR Properties by 23.3% in the 2nd quarter. Renaissance Technologies LLC now owns 1,177,586 shares of the real estate investment trust’s stock worth $49,435,000 after purchasing an additional 222,800 shares in the last quarter. Swedbank AB purchased a new stake in shares of EPR Properties in the 1st quarter worth $7,429,000. Raymond James & Associates increased its stake in shares of EPR Properties by 398.0% in the 3rd quarter. Raymond James & Associates now owns 154,198 shares of the real estate investment trust’s stock worth $7,562,000 after purchasing an additional 123,233 shares in the last quarter. Finally, Vanguard Group Inc. increased its stake in shares of EPR Properties by 1.0% in the 1st quarter. Vanguard Group Inc. now owns 11,366,416 shares of the real estate investment trust’s stock worth $482,504,000 after purchasing an additional 109,144 shares in the last quarter. 74.66% of the stock is owned by institutional investors.

EPR Properties Stock Down 2.0 %

Shares of NYSE:EPR opened at $44.68 on Thursday. The company has a current ratio of 7.81, a quick ratio of 7.81 and a debt-to-equity ratio of 1.19. EPR Properties has a 12 month low of $39.65 and a 12 month high of $50.26. The company has a 50-day moving average price of $47.77 and a 200 day moving average price of $44.40. The company has a market cap of $3.38 billion, a price-to-earnings ratio of 19.34 and a beta of 1.76.

EPR Properties Announces Dividend

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

Insider Activity at EPR Properties

In related news, CAO Tonya L. Mater sold 1,000 shares of the stock in a transaction dated Wednesday, August 21st. The shares were sold at an average price of $46.00, for a total value of $46,000.00. Following the completion of the transaction, the chief accounting officer now owns 42,710 shares of the company’s stock, valued at approximately $1,964,660. This trade 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 this hyperlink. 2.13% of the stock is owned by insiders.

Analyst Ratings Changes

Several research firms have recently commented on EPR. StockNews.com lowered EPR Properties from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. Truist Financial upped their target price 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. JMP Securities reaffirmed a “market perform” rating on shares of EPR Properties in a report on Tuesday, September 24th. Royal Bank of Canada raised shares of EPR Properties from a “sector perform” rating to an “outperform” rating and upped their target price for the stock from $48.00 to $50.00 in a report on Monday, August 5th. Finally, Wells Fargo & Company reaffirmed an “underweight” rating and issued a $47.00 target price (up previously from $45.00) on shares of EPR Properties in a report on Tuesday, October 1st. Two analysts have rated the stock with a sell rating, four have given a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, EPR Properties presently has a consensus rating of “Hold” and an average price target of $48.31.

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.