Short Interest in EPR Properties (NYSE:EPR) Drops By 5.0%

EPR Properties (NYSE:EPR) saw a significant decline in short interest in the month of November. As of November 15th, there was short interest totalling 2,460,000 shares, a decline of 5.0% from the October 31st total of 2,590,000 shares. Approximately 3.3% of the shares of the company are short sold. Based on an average trading volume of 462,200 shares, the days-to-cover ratio is currently 5.3 days.

Institutional Investors Weigh In On EPR Properties

Several large investors have recently made changes to their positions in the business. GAMMA Investing LLC boosted its position in EPR Properties by 38.9% during the 3rd quarter. GAMMA Investing LLC now owns 825 shares of the real estate investment trust’s stock worth $40,000 after purchasing an additional 231 shares during the period. Blue Trust Inc. boosted its position in shares of EPR Properties by 67.2% in the third quarter. Blue Trust Inc. now owns 709 shares of the real estate investment trust’s stock worth $35,000 after buying an additional 285 shares during the period. Signaturefd LLC grew its stake in shares of EPR Properties by 16.1% in the third quarter. Signaturefd LLC now owns 2,360 shares of the real estate investment trust’s stock valued at $116,000 after buying an additional 328 shares in the last quarter. 1620 Investment Advisors Inc. raised its holdings in shares of EPR Properties by 2.3% during the 3rd quarter. 1620 Investment Advisors Inc. now owns 14,852 shares of the real estate investment trust’s stock valued at $728,000 after buying an additional 341 shares during the period. Finally, Private Advisor Group LLC lifted its position in EPR Properties by 2.2% during the 3rd quarter. Private Advisor Group LLC now owns 16,297 shares of the real estate investment trust’s stock worth $799,000 after acquiring an additional 350 shares in the last quarter. Institutional investors and hedge funds own 74.66% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on EPR. Wells Fargo & Company reissued an “underweight” rating and issued a $47.00 price target (up previously from $45.00) on shares of EPR Properties in a research note on Tuesday, October 1st. 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 research report on Wednesday, August 21st. JMP Securities reiterated a “market perform” rating on shares of EPR Properties in a research report on Tuesday, September 24th. JPMorgan Chase & Co. increased their target price on EPR Properties from $48.00 to $51.00 and gave the stock an “overweight” rating in a research note on Monday, September 9th. Finally, Truist Financial raised their price target on shares of EPR Properties from $44.00 to $46.00 and gave the company a “hold” rating in a research report on Friday, August 16th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $48.28.

EPR Properties Price Performance

Shares of EPR Properties stock opened at $44.99 on Wednesday. The stock has a market capitalization of $3.41 billion, a P/E ratio of 19.48 and a beta of 1.75. The company has a current ratio of 7.81, a quick ratio of 7.81 and a debt-to-equity ratio of 1.19. The business’s fifty day moving average price is $46.60 and its 200 day moving average price is $44.87. EPR Properties has a twelve month low of $39.65 and a twelve month high of $50.26.

EPR Properties Announces Dividend

The firm also recently declared a nov 24 dividend, which will be paid on Monday, December 16th. Shareholders of record on Friday, November 29th will be given a dividend of $0.285 per share. The ex-dividend date is Friday, November 29th. This represents a yield of 7.8%. EPR Properties’s dividend payout ratio (DPR) is 148.05%.

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.