Bank of America Corp DE Sells 79,021 Shares of EPR Properties $EPR

Bank of America Corp DE decreased its stake in shares of EPR Properties (NYSE:EPR - Free Report) by 18.3% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 352,049 shares of the real estate investment trust's stock after selling 79,021 shares during the period. Bank of America Corp DE owned 0.46% of EPR Properties worth $17,588,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the stock. Caitong International Asset Management Co. Ltd acquired a new position in EPR Properties in the 3rd quarter valued at $26,000. Fourth Dimension Wealth LLC lifted its position in EPR Properties by 66.7% during the 4th quarter. Fourth Dimension Wealth LLC now owns 500 shares of the real estate investment trust's stock worth $25,000 after acquiring an additional 200 shares during the last quarter. Transamerica Financial Advisors LLC lifted its position in EPR Properties by 356.7% during the 4th quarter. Transamerica Financial Advisors LLC now owns 580 shares of the real estate investment trust's stock worth $29,000 after acquiring an additional 453 shares during the last quarter. Larson Financial Group LLC boosted its holdings in EPR Properties by 134.1% during the fourth quarter. Larson Financial Group LLC now owns 653 shares of the real estate investment trust's stock valued at $33,000 after acquiring an additional 374 shares during the period. Finally, Colonial Trust Co SC boosted its holdings in EPR Properties by 1,250.0% during the fourth quarter. Colonial Trust Co SC now owns 756 shares of the real estate investment trust's stock valued at $38,000 after acquiring an additional 700 shares during the period. 74.66% of the stock is owned by institutional investors.

Insider Transactions at EPR Properties

In other EPR Properties news, SVP Gwendolyn Mary Johnson sold 1,000 shares of the firm's stock in a transaction dated Tuesday, July 7th. The shares were sold at an average price of $60.00, for a total transaction of $60,000.00. Following the completion of the transaction, the senior vice president owned 13,213 shares in the company, valued at $792,780. This trade represents a 7.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Tonya L. Mater sold 6,692 shares of the firm's stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $61.79, for a total transaction of $413,498.68. Following the transaction, the chief accounting officer owned 49,167 shares of the company's stock, valued at approximately $3,038,028.93. This represents a 11.98% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 9,692 shares of company stock worth $589,719. 0.03% of the stock is currently owned by insiders.

EPR Properties Stock Performance

Shares of NYSE EPR opened at $60.59 on Thursday. The business has a fifty day simple moving average of $60.42 and a 200 day simple moving average of $57.63. The company has a current ratio of 9.51, a quick ratio of 9.51 and a debt-to-equity ratio of 1.43. The firm has a market capitalization of $4.64 billion, a price-to-earnings ratio of 19.48, a PEG ratio of 2.32 and a beta of 1.02. EPR Properties has a one year low of $48.10 and a one year high of $64.97.

EPR Properties (NYSE:EPR - Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The real estate investment trust reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.05. EPR Properties had a net margin of 35.45% and a return on equity of 11.34%. The firm had revenue of $196.08 million for the quarter, compared to analyst estimates of $158.13 million. During the same quarter in the previous year, the firm posted $1.26 EPS. The business's revenue for the quarter was up 30.4% on a year-over-year basis. EPR Properties has set its FY 2026 guidance at 5.410-5.570 EPS. Sell-side analysts expect that EPR Properties will post 5.34 EPS for the current year.

EPR Properties Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be given a dividend of $0.31 per share. This represents a c) annualized dividend and a dividend yield of 6.1%. The ex-dividend date is Monday, August 31st. EPR Properties's payout ratio is 119.61%.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on EPR shares. Wells Fargo & Company raised their price target on EPR Properties from $60.00 to $61.00 and gave the company an "equal weight" rating in a research report on Wednesday, July 15th. Citigroup reissued a "market outperform" rating on shares of EPR Properties in a research report on Thursday, July 2nd. Morgan Stanley upgraded EPR Properties from an "equal weight" rating to an "overweight" rating in a research note on Friday, June 12th. Huntington initiated coverage on EPR Properties in a report on Wednesday, July 15th. They issued an "outperform" rating and a $65.00 target price on the stock. Finally, KeyCorp raised EPR Properties from a "sector weight" rating to an "overweight" rating and set a $70.00 price target on the stock in a research report on Wednesday. Nine analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat, EPR Properties presently has a consensus rating of "Moderate Buy" and a consensus price target of $65.45.

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.

Want to see what other hedge funds are holding EPR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for EPR Properties (NYSE:EPR - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source