EPR Properties (EPR) Downgraded by J P Morgan Chase & Co to Underweight

J P Morgan Chase & Co downgraded shares of EPR Properties (NYSE:EPR) from a neutral rating to an underweight rating in a research note released on Friday, Marketbeat reports.

Other equities research analysts have also issued research reports about the company. B. Riley reaffirmed a neutral rating on shares of EPR Properties in a research report on Wednesday, November 1st. KeyCorp reaffirmed a buy rating and set a $80.00 price target on shares of EPR Properties in a research report on Tuesday, September 26th. Zacks Investment Research raised EPR Properties from a hold rating to a buy rating and set a $78.00 price target on the stock in a research report on Tuesday, October 3rd. Ladenburg Thalmann Financial Services raised EPR Properties from a neutral rating to a buy rating and set a $76.00 price target on the stock in a research report on Monday, September 11th. Finally, BidaskClub raised EPR Properties from a sell rating to a hold rating in a research report on Saturday, August 26th. One research analyst has rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the stock. The stock has an average rating of Hold and a consensus price target of $78.80.

Shares of EPR Properties (EPR) opened at $67.47 on Friday. The company has a market capitalization of $4,951.96, a PE ratio of 13.58 and a beta of 0.57. The company has a current ratio of 7.88, a quick ratio of 7.88 and a debt-to-equity ratio of 1.03. EPR Properties has a 1 year low of $66.21 and a 1 year high of $77.70.

The firm also recently declared a dec 17 dividend, which will be paid on Monday, January 15th. Stockholders of record on Friday, December 29th will be given a dividend of $0.34 per share. EPR Properties’s dividend payout ratio is currently 121.43%.

In other news, VP Tonya L. Mater sold 2,100 shares of the firm’s stock in a transaction dated Monday, December 4th. The stock was sold at an average price of $68.09, for a total transaction of $142,989.00. Following the sale, the vice president now owns 28,929 shares of the company’s stock, valued at $1,969,775.61. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 1.50% of the company’s stock.

A number of institutional investors have recently made changes to their positions in the stock. California Public Employees Retirement System raised its position in EPR Properties by 2.0% in the 3rd quarter. California Public Employees Retirement System now owns 172,170 shares of the real estate investment trust’s stock valued at $12,007,000 after buying an additional 3,344 shares during the last quarter. Janney Montgomery Scott LLC raised its position in EPR Properties by 23.1% in the 3rd quarter. Janney Montgomery Scott LLC now owns 11,594 shares of the real estate investment trust’s stock valued at $809,000 after buying an additional 2,178 shares during the last quarter. Vident Investment Advisory LLC acquired a new stake in EPR Properties in the 3rd quarter valued at approximately $249,000. Cornerstone Capital Management Holdings LLC. raised its position in EPR Properties by 17.2% in the 3rd quarter. Cornerstone Capital Management Holdings LLC. now owns 35,818 shares of the real estate investment trust’s stock valued at $2,497,000 after buying an additional 5,255 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. acquired a new stake in EPR Properties in the 3rd quarter valued at approximately $440,000. 88.79% of the stock is currently owned by institutional investors and hedge funds.

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EPR Properties Company Profile

EPR Properties is a specialty real estate investment trust. The Company’s investment portfolio includes primarily entertainment, education and recreation properties. The Company’s segments include Entertainment, Education, Recreation and Other. The Entertainment segment consists of investments in megaplex theatres, entertainment retail centers, family entertainment centers and other retail parcels.

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