VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of EPR Properties (NYSE:EPR – Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 150,332 shares of the real estate investment trust’s stock, valued at approximately $8,758,000. VIRGINIA RETIREMENT SYSTEMS ET Al owned approximately 0.20% of EPR Properties as of its most recent SEC filing.
A number of other large investors have also modified their holdings of the business. Maridea Wealth Management LLC grew its holdings in shares of EPR Properties by 1.7% during the second quarter. Maridea Wealth Management LLC now owns 11,711 shares of the real estate investment trust’s stock worth $682,000 after buying an additional 196 shares in the last quarter. Spire Wealth Management grew its holdings in shares of EPR Properties by 11.5% during the first quarter. Spire Wealth Management now owns 2,339 shares of the real estate investment trust’s stock worth $123,000 after buying an additional 242 shares in the last quarter. Nissay Asset Management Corp Japan ADV grew its holdings in shares of EPR Properties by 2.5% during the first quarter. Nissay Asset Management Corp Japan ADV now owns 10,705 shares of the real estate investment trust’s stock worth $563,000 after buying an additional 258 shares in the last quarter. EP Wealth Advisors LLC grew its holdings in shares of EPR Properties by 7.4% during the first quarter. EP Wealth Advisors LLC now owns 4,880 shares of the real estate investment trust’s stock worth $257,000 after buying an additional 335 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd boosted its position in shares of EPR Properties by 235.6% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 537 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 377 shares during the last quarter. Hedge funds and other institutional investors own 74.66% of the company’s stock.
Analyst Upgrades and Downgrades
Several research analysts have recently weighed in on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of EPR Properties in a research report on Wednesday, October 8th. KeyCorp cut shares of EPR Properties from an “overweight” rating to a “sector weight” rating in a research report on Tuesday, August 19th. Wall Street Zen raised shares of EPR Properties from a “hold” rating to a “buy” rating in a research report on Saturday, September 13th. JPMorgan Chase & Co. boosted their price target on shares of EPR Properties from $56.00 to $65.00 and gave the company an “overweight” rating in a research report on Friday, September 12th. Finally, Royal Bank Of Canada cut shares of EPR Properties from an “outperform” rating to a “sector perform” rating and set a $58.00 target price on the stock. in a research report on Monday, August 4th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $59.36.
Insider Activity
In other news, EVP Gregory E. Zimmerman sold 7,500 shares of the stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $58.12, for a total transaction of $435,900.00. Following the sale, the executive vice president owned 81,377 shares of the company’s stock, valued at approximately $4,729,631.24. This represents a 8.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold a total of 22,500 shares of company stock worth $1,248,075 over the last 90 days. 2.31% of the stock is currently owned by corporate insiders.
EPR Properties Trading Up 1.5%
NYSE EPR opened at $55.31 on Tuesday. The stock has a market capitalization of $4.21 billion, a P/E ratio of 27.25, a PEG ratio of 3.84 and a beta of 1.28. EPR Properties has a 12 month low of $41.75 and a 12 month high of $61.24. The company has a debt-to-equity ratio of 1.20, a current ratio of 7.77 and a quick ratio of 7.77. The firm’s 50-day moving average is $55.19 and its two-hundred day moving average is $54.57.
EPR Properties (NYSE:EPR – Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The real estate investment trust reported $1.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.25 by ($0.01). The business had revenue of $150.35 million for the quarter, compared to analyst estimates of $176.50 million. EPR Properties had a return on equity of 7.66% and a net margin of 25.28%.The firm’s revenue for the quarter was up 3.7% compared to the same quarter last year. During the same period in the prior year, the company posted $1.22 EPS. EPR Properties has set its FY 2025 guidance at 5.000-5.160 EPS. On average, sell-side analysts anticipate that EPR Properties will post 4.65 earnings per share for the current year.
EPR Properties Dividend Announcement
The firm also recently declared a monthly dividend, which will be paid on Monday, November 17th. Stockholders of record on Friday, October 31st will be given a dividend of $0.295 per share. This represents a c) annualized dividend and a dividend yield of 6.4%. The ex-dividend date of this dividend is Friday, October 31st. EPR Properties’s dividend payout ratio is currently 174.38%.
EPR Properties 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.
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