Allianz Asset Management GmbH Raises Holdings in EPR Properties $EPR

Key Points

• Allianz Asset Management GmbH increased its holdings in EPR Properties by 22.5% in the second quarter, now owning approximately 402,075 shares valued at $23.4 million.
• Several institutional investors, including Caitong International Asset Management and UMB Bank, significantly boosted their stakes, with increases of up to 501.1% during the same period.
• EPR Properties announced a monthly dividend of $0.295 per share, reflecting an annualized yield of 6.5% and a payout ratio of 174.38%.

Allianz Asset Management GmbH grew its position in EPR Properties (NYSE:EPR - Free Report) by 22.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 402,075 shares of the real estate investment trust's stock after purchasing an additional 73,929 shares during the quarter. Allianz Asset Management GmbH owned about 0.53% of EPR Properties worth $23,425,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Caitong International Asset Management Co. Ltd grew its holdings in EPR Properties by 235.6% in the first quarter. Caitong International Asset Management Co. Ltd now owns 537 shares of the real estate investment trust's stock worth $28,000 after purchasing an additional 377 shares during the last quarter. UMB Bank n.a. grew its holdings 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 worth $43,000 after purchasing an additional 519 shares during the last quarter. Atlantic Edge Private Wealth Management LLC grew its holdings in EPR Properties by 88.9% in the first quarter. Atlantic Edge Private Wealth Management LLC now owns 850 shares of the real estate investment trust's stock worth $45,000 after purchasing an additional 400 shares during the last quarter. Farther Finance Advisors LLC grew its holdings in EPR Properties by 501.1% in 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. Finally, Allworth Financial LP grew its holdings in EPR Properties by 53.0% in the first quarter. Allworth Financial LP now owns 1,135 shares of the real estate investment trust's stock worth $55,000 after purchasing an additional 393 shares during the last quarter. 74.66% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have issued reports on EPR. JPMorgan Chase & Co. lifted their price target on shares of EPR Properties from $56.00 to $65.00 and gave the stock an "overweight" rating in a report on Friday, September 12th. KeyCorp lowered shares of EPR Properties from an "overweight" rating to a "sector weight" rating in a report on Tuesday, August 19th. Stifel Nicolaus boosted their price objective on shares of EPR Properties from $65.00 to $65.50 and gave the company a "buy" rating in a report on Thursday, July 31st. UBS Group dropped their price objective on shares of EPR Properties from $62.00 to $54.00 and set a "neutral" rating on the stock in a report on Friday, August 15th. Finally, Wells Fargo & Company raised shares of EPR Properties from an "underweight" rating to an "equal weight" rating and boosted their price objective for the company from $54.00 to $56.00 in a report on Thursday, September 11th. One 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 data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $59.36.

Insider Buying and Selling at EPR Properties

In other EPR Properties news, EVP Gregory E. Zimmerman sold 7,500 shares of the company's stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $58.12, for a total value of $435,900.00. Following the completion of the transaction, the executive vice president owned 81,377 shares in the company, 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 legal filing with the SEC, which is accessible through this link. Insiders have sold a total of 22,500 shares of company stock valued at $1,248,075 in the last three months. Corporate insiders own 2.31% of the company's stock.

EPR Properties Trading Up 0.0%

NYSE EPR opened at $54.49 on Monday. The company has a market capitalization of $4.15 billion, a PE ratio of 26.84, a P/E/G ratio of 3.84 and a beta of 1.28. The company has a fifty day moving average of $55.14 and a 200 day moving average of $54.51. EPR Properties has a 1 year low of $41.75 and a 1 year 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.

EPR Properties (NYSE:EPR - Get Free Report) last posted its earnings results on Wednesday, July 30th. The real estate investment trust reported $1.24 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 net margin of 25.28% and a return on equity of 7.66%. The company's revenue for the quarter was up 3.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.22 earnings per share. EPR Properties has set its FY 2025 guidance at 5.000-5.160 EPS. Research analysts forecast 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, November 17th. Shareholders of record on Friday, October 31st will be given a $0.295 dividend. The ex-dividend date is Friday, October 31st. This represents a c) dividend on an annualized basis and a dividend yield of 6.5%. EPR Properties's dividend payout ratio is 174.38%.

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.

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