Optas LLC Sells 11,091 Shares of EPR Properties $EPR

Optas LLC cut its holdings in shares of EPR Properties (NYSE:EPR) by 50.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,815 shares of the real estate investment trust’s stock after selling 11,091 shares during the period. Optas LLC’s holdings in EPR Properties were worth $540,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Jefferies Financial Group Inc. purchased a new stake in shares of EPR Properties during the 3rd quarter valued at about $3,863,000. JPMorgan Chase & Co. grew its stake in shares of EPR Properties by 27.7% in the third quarter. JPMorgan Chase & Co. now owns 901,813 shares of the real estate investment trust’s stock worth $52,314,000 after acquiring an additional 195,850 shares during the period. Elevation Point Wealth Partners LLC raised its holdings in shares of EPR Properties by 111,536.0% during the third quarter. Elevation Point Wealth Partners LLC now owns 27,909 shares of the real estate investment trust’s stock valued at $1,627,000 after purchasing an additional 27,884 shares during the last quarter. Elo Mutual Pension Insurance Co purchased a new position in shares of EPR Properties during the third quarter valued at approximately $1,188,000. Finally, Focus Partners Advisor Solutions LLC lifted its position in EPR Properties by 92.2% during the third quarter. Focus Partners Advisor Solutions LLC now owns 25,494 shares of the real estate investment trust’s stock valued at $1,479,000 after purchasing an additional 12,228 shares during the period. 74.66% of the stock is currently owned by institutional investors.

EPR Properties Price Performance

Shares of EPR Properties stock opened at $58.99 on Friday. EPR Properties has a one year low of $48.10 and a one year high of $62.08. The stock’s fifty day moving average is $57.87 and its 200 day moving average is $55.43. The stock has a market cap of $4.51 billion, a P/E ratio of 18.26, a P/E/G ratio of 2.39 and a beta of 1.02. The company has a debt-to-equity ratio of 1.27, a quick ratio of 7.85 and a current ratio of 7.85.

EPR Properties (NYSE:EPR) last released its earnings results on Wednesday, May 6th. The real estate investment trust reported $0.74 earnings per share for the quarter, missing the consensus estimate of $0.76 by ($0.02). EPR Properties had a net margin of 37.50% and a return on equity of 11.68%. The company had revenue of $181.25 million for the quarter, compared to analysts’ expectations of $150.01 million. During the same quarter last year, the firm posted $1.21 earnings per share. EPR Properties’s revenue for the quarter was up 3.6% on a year-over-year basis. EPR Properties has set its FY 2026 guidance at 5.370-5.530 EPS. Sell-side analysts anticipate that EPR Properties will post 5.31 earnings per share for the current year.

EPR Properties Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.31 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date of this dividend is Tuesday, June 30th. EPR Properties’s payout ratio is presently 115.17%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on EPR shares. Citigroup restated a “market outperform” rating on shares of EPR Properties in a report on Thursday. Morgan Stanley raised EPR Properties from an “equal weight” rating to an “overweight” rating in a report on Friday, June 12th. Raymond James Financial downgraded EPR Properties from a “strong-buy” rating to an “outperform” rating and dropped their price target for the stock from $62.00 to $60.00 in a research note on Tuesday, March 17th. Truist Financial cut their price objective on EPR Properties from $62.00 to $61.00 and set a “hold” rating for the company in a report on Tuesday, June 9th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of EPR Properties in a research report on Friday, May 22nd. Seven equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $63.19.

Insider Buying and Selling

In other EPR Properties news, CAO Tonya L. Mater sold 2,600 shares of the firm’s stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $56.50, for a total transaction of $146,900.00. Following the sale, the chief accounting officer owned 55,859 shares in the company, valued at approximately $3,156,033.50. This trade represents a 4.45% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Gwendolyn Mary Johnson sold 2,000 shares of EPR Properties stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $58.11, for a total transaction of $116,220.00. Following the transaction, the senior vice president directly owned 14,213 shares in the company, valued at $825,917.43. This represents a 12.34% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 6,600 shares of company stock valued at $375,120. 0.03% of the stock is currently owned by corporate insiders.

EPR Properties Profile

EPR Properties is a real estate investment trust that specializes in experiential properties across the United States, Canada and select international markets. Established in 1997 and headquartered in Kansas City, Missouri, the company targets properties in the entertainment, recreation and education sectors. Its portfolio includes movie theaters, ski resorts, family entertainment centers, charter schools and other venues that benefit from consumer-driven experiences.

The trust employs long-term, triple-net lease agreements, where tenants are responsible for real estate taxes, insurance and maintenance.