Geode Capital Management LLC Sells 1,973 Shares of EPR Properties $EPR

Geode Capital Management LLC cut its stake in shares of EPR Properties (NYSE:EPR) by 0.1% in the 2nd quarter, HoldingsChannel reports. The firm owned 1,476,873 shares of the real estate investment trust’s stock after selling 1,973 shares during the period. Geode Capital Management LLC’s holdings in EPR Properties were worth $86,055,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Caitong International Asset Management Co. Ltd raised 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 buying an additional 377 shares in the last quarter. UMB Bank n.a. increased its stake in EPR Properties by 231.7% in the second quarter. UMB Bank n.a. now owns 743 shares of the real estate investment trust’s stock valued at $43,000 after acquiring an additional 519 shares during the last quarter. Cullen Frost Bankers Inc. raised its position in EPR Properties by 201.6% during the second quarter. Cullen Frost Bankers Inc. now owns 938 shares of the real estate investment trust’s stock valued at $55,000 after purchasing an additional 627 shares in the last quarter. Elequin Capital LP purchased a new stake in EPR Properties during the first quarter valued at about $61,000. Finally, Farther Finance Advisors LLC lifted its stake in EPR Properties by 501.1% during the second quarter. Farther Finance Advisors LLC now owns 1,052 shares of the real estate investment trust’s stock worth $61,000 after purchasing an additional 877 shares during the last quarter. Hedge funds and other institutional investors own 74.66% of the company’s stock.

Insider Activity at EPR Properties

In other news, EVP Gregory E. Zimmerman sold 7,500 shares of the stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $49.21, for a total transaction of $369,075.00. Following the completion of the sale, the executive vice president directly owned 73,877 shares in the company, valued at approximately $3,635,487.17. This represents a 9.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders have sold 22,500 shares of company stock worth $1,205,100 over the last ninety days. Corporate insiders own 2.31% of the company’s stock.

Analyst Upgrades and Downgrades

EPR has been the topic of several recent research reports. Wells Fargo & Company upgraded EPR Properties from an “underweight” rating to an “equal weight” rating and increased their price objective for the company from $54.00 to $56.00 in a research report on Thursday, September 11th. Royal Bank Of Canada cut shares of EPR Properties from an “outperform” rating to a “sector perform” rating and set a $58.00 price target on the stock. in a research report on Monday, August 4th. UBS Group decreased their price target on shares of EPR Properties from $62.00 to $54.00 and set a “neutral” rating on the stock in a research note on Friday, August 15th. KeyCorp cut shares of EPR Properties from an “overweight” rating to a “sector weight” rating in a research note on Tuesday, August 19th. Finally, JPMorgan Chase & Co. increased their target price on shares of EPR Properties from $56.00 to $65.00 and gave the company an “overweight” rating in a report on Friday, September 12th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have given a Hold rating to the company. According to MarketBeat, EPR Properties presently has an average rating of “Moderate Buy” and an average price target of $59.64.

EPR Properties Stock Performance

Shares of EPR stock opened at $51.86 on Friday. The company has a debt-to-equity ratio of 1.20, a quick ratio of 7.77 and a current ratio of 7.77. EPR Properties has a fifty-two week low of $41.75 and a fifty-two week high of $61.24. The stock has a 50 day moving average price of $53.90 and a two-hundred day moving average price of $55.06. The company has a market capitalization of $3.95 billion, a P/E ratio of 22.65, a PEG ratio of 3.67 and a beta of 1.23.

EPR Properties (NYSE:EPR) last issued its earnings results on Wednesday, October 29th. The real estate investment trust reported $1.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.32 by $0.07. EPR Properties had a net margin of 28.01% and a return on equity of 8.59%. The firm had revenue of $182.31 million for the quarter, compared to analysts’ expectations of $181.78 million. During the same quarter last year, the business earned $1.30 earnings per share. The business’s revenue was up 1.0% on a year-over-year basis. EPR Properties has set its FY 2025 guidance at 5.050-5.130 EPS. Analysts expect that EPR Properties will post 4.65 earnings per share for the current year.

EPR Properties Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, December 15th. Shareholders of record on Friday, November 28th will be given a $0.295 dividend. The ex-dividend date is Friday, November 28th. This represents a c) dividend on an annualized basis and a dividend yield of 6.8%. EPR Properties’s payout ratio is presently 154.59%.

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.