California State Teachers Retirement System Acquires 20,198 Shares of EPR Properties $EPR

Key Points

• California State Teachers Retirement System increased its EPR Properties stake by 27.9%, purchasing 20,198 shares to own 92,688 shares worth approximately $4.63 million. Institutional investors collectively hold 74.66% of the REIT’s stock.
• Analysts remain generally positive, with EPR receiving a “Moderate Buy” consensus rating and an average price target of $64.39; eight analysts rate the stock a Buy and five rate it a Hold.
• EPR reported quarterly EPS of $0.79, exceeding the $0.74 estimate, while revenue rose 30.4% year over year to $196.08 million. The company also announced a monthly dividend of $0.31 per share, representing an approximately 6.0% annualized yield.

California State Teachers Retirement System lifted its stake in EPR Properties (NYSE:EPR - Free Report) by 27.9% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 92,688 shares of the real estate investment trust's stock after purchasing an additional 20,198 shares during the period. California State Teachers Retirement System owned 0.12% of EPR Properties worth $4,631,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Norges Bank bought a new stake in shares of EPR Properties during the 4th quarter valued at approximately $82,823,000. Wasatch Advisors LP bought a new position in EPR Properties during the 1st quarter worth approximately $48,633,000. Northern Trust Corp raised its position in shares of EPR Properties by 84.8% in the 3rd quarter. Northern Trust Corp now owns 1,564,309 shares of the real estate investment trust's stock worth $90,746,000 after acquiring an additional 717,734 shares in the last quarter. Freestone Grove Partners LP purchased a new position in EPR Properties in the 4th quarter worth approximately $30,055,000. Finally, Schonfeld Strategic Advisors LLC bought a new stake in EPR Properties during the third quarter valued at approximately $27,895,000. Institutional investors own 74.66% of the company's stock.

Analyst Ratings Changes

Several analysts have recently weighed in on EPR shares. Huntington began coverage on EPR Properties in a research report on Wednesday, July 15th. They set an "outperform" rating and a $65.00 target price for the company. Truist Financial dropped their price objective on shares of EPR Properties from $62.00 to $61.00 and set a "hold" rating for the company in a report on Tuesday, June 9th. Weiss Ratings reissued a "buy (b)" rating on shares of EPR Properties in a research report on Friday, May 22nd. UBS Group set a $70.00 price target on EPR Properties in a report on Thursday, July 2nd. Finally, Morgan Stanley upgraded EPR Properties from an "equal weight" rating to an "overweight" rating in a research note on Friday, June 12th. Eight equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $64.39.

EPR Properties Stock Performance

Shares of EPR Properties stock opened at $62.20 on Friday. The company has a debt-to-equity ratio of 1.43, a quick ratio of 9.51 and a current ratio of 9.51. The stock has a market capitalization of $4.76 billion, a price-to-earnings ratio of 20.00, a PEG ratio of 2.36 and a beta of 1.02. The firm has a fifty day moving average of $59.87 and a two-hundred day moving average of $57.22. EPR Properties has a 52 week low of $48.10 and a 52 week high of $64.97.

EPR Properties (NYSE:EPR - Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $0.79 EPS for the quarter, topping analysts' consensus estimates of $0.74 by $0.05. The firm had revenue of $196.08 million during the quarter, compared to analysts' expectations of $158.13 million. EPR Properties had a net margin of 35.45% and a return on equity of 11.34%. The company's revenue for the quarter was up 30.4% compared to the same quarter last year. During the same period in the previous year, the business posted $1.26 earnings per share. EPR Properties has set its FY 2026 guidance at 5.410-5.570 EPS. As a group, equities research analysts predict that EPR Properties will post 5.34 EPS for the current year.

EPR Properties Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, August 17th. Investors of record on Friday, July 31st will be issued a dividend of $0.31 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%. The ex-dividend date of this dividend is Friday, July 31st. EPR Properties's dividend payout ratio (DPR) is currently 119.61%.

Insider Transactions at EPR Properties

In other news, CAO Tonya L. Mater sold 6,692 shares of the business's stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $61.79, for a total transaction of $413,498.68. Following the sale, the chief accounting officer owned 49,167 shares in the company, valued at approximately $3,038,028.93. The trade was a 11.98% decrease in their position. The sale was disclosed in a filing with the SEC, 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 the company's stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $58.11, for a total transaction of $116,220.00. Following the sale, the senior vice president directly owned 14,213 shares of the company's stock, valued at $825,917.43. The trade was a 12.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 9,692 shares of company stock worth $589,719. 0.03% of the stock is owned by company insiders.

EPR Properties Company 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.

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