Kestra Investment Management LLC Has $1.03 Million Stock Holdings in EPR Properties $EPR

Kestra Investment Management LLC decreased its holdings in shares of EPR Properties (NYSE:EPR) by 45.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 17,694 shares of the real estate investment trust’s stock after selling 14,725 shares during the quarter. Kestra Investment Management LLC’s holdings in EPR Properties were worth $1,031,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Norges Bank acquired a new position in shares of EPR Properties during the second quarter worth approximately $55,093,000. Prudential Financial Inc. increased its position in EPR Properties by 42.0% during the second quarter. Prudential Financial Inc. now owns 1,870,499 shares of the real estate investment trust’s stock worth $108,975,000 after acquiring an additional 553,209 shares during the period. Wellington Management Group LLP acquired a new position in EPR Properties during the 1st quarter valued at $21,166,000. AQR Capital Management LLC boosted its holdings in EPR Properties by 29.2% in the 2nd quarter. AQR Capital Management LLC now owns 1,544,905 shares of the real estate investment trust’s stock valued at $88,693,000 after purchasing an additional 348,908 shares during the period. Finally, Aberdeen Group plc grew its position in EPR Properties by 1,361.4% in the 1st quarter. Aberdeen Group plc now owns 366,765 shares of the real estate investment trust’s stock worth $19,136,000 after purchasing an additional 341,668 shares during the last quarter. Institutional investors and hedge funds own 74.66% of the company’s stock.

Insider Activity

In other news, EVP Gregory E. Zimmerman sold 7,500 shares of the business’s stock in a transaction on Monday, December 1st. The shares were sold at an average price of $52.25, for a total value of $391,875.00. Following the sale, the executive vice president owned 64,251 shares in the company, valued at approximately $3,357,114.75. The trade was a 10.45% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders sold 22,500 shares of company stock worth $1,196,850 over the last three months. 2.31% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research analysts have recently issued reports on EPR shares. KeyCorp downgraded shares of EPR Properties from an “overweight” rating to a “sector weight” rating in a report on Tuesday, August 19th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of EPR Properties in a report on Monday, December 8th. Wells Fargo & Company reduced their price objective on EPR Properties from $56.00 to $54.00 and set an “equal weight” rating for the company in a research report on Tuesday, November 25th. JPMorgan Chase & Co. decreased their price objective on EPR Properties from $65.00 to $58.00 and set an “overweight” rating on the stock in a report on Tuesday, December 2nd. Finally, Truist Financial upped their target price on EPR Properties from $55.00 to $57.00 and gave the company a “hold” rating in a research note on Tuesday, November 18th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $58.36.

EPR Properties Stock Up 0.8%

Shares of EPR opened at $50.12 on Monday. The company has a quick ratio of 7.21, a current ratio of 7.21 and a debt-to-equity ratio of 1.19. The company has a 50-day moving average price of $52.21 and a two-hundred day moving average price of $54.97. The stock has a market cap of $3.82 billion, a price-to-earnings ratio of 21.89, a P/E/G ratio of 3.05 and a beta of 0.90. EPR Properties has a 12 month low of $41.75 and a 12 month high of $61.24.

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 analysts’ consensus estimates of $1.32 by $0.07. The business had revenue of $182.31 million during the quarter, compared to analysts’ expectations of $181.78 million. EPR Properties had a return on equity of 8.58% and a net margin of 28.01%.EPR Properties’s quarterly revenue was up 1.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.30 EPS. EPR Properties has set its FY 2025 guidance at 5.050-5.130 EPS. Equities analysts predict that EPR Properties will post 4.65 EPS for the current fiscal year.

EPR Properties Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, December 15th. Shareholders of record on Friday, November 28th will be issued a dividend of $0.295 per share. The ex-dividend date of this dividend is Friday, November 28th. This represents a c) dividend on an annualized basis and a dividend yield of 7.1%. EPR Properties’s dividend payout ratio (DPR) 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.