AQR Capital Management LLC Increases Stock Position in EPR Properties $EPR

Key Points

• AQR Capital Management LLC increased its holdings in EPR Properties by 38.3%, acquiring an additional 331,513 shares, bringing its total to approximately 1.2 million shares valued at nearly $61.9 million.
• Insider trading activity saw EVP Gregory E. Zimmerman sell 7,500 shares at an average price of $53.35, amounting to over $400,000, which decreased his holdings by 7.78%.
• EPR Properties reported a quarterly EPS of $1.24, slightly below analysts' expectations, while forecasting a FY 2025 EPS guidance between 5.000-5.160.

AQR Capital Management LLC raised its holdings in shares of EPR Properties (NYSE:EPR - Free Report) by 38.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,195,997 shares of the real estate investment trust's stock after purchasing an additional 331,513 shares during the quarter. AQR Capital Management LLC owned 1.57% of EPR Properties worth $61,887,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Principal Financial Group Inc. grew its holdings in shares of EPR Properties by 0.4% during the first quarter. Principal Financial Group Inc. now owns 174,282 shares of the real estate investment trust's stock valued at $9,169,000 after buying an additional 699 shares during the last quarter. GAMMA Investing LLC lifted its position in EPR Properties by 66.0% in the 1st quarter. GAMMA Investing LLC now owns 1,871 shares of the real estate investment trust's stock valued at $98,000 after acquiring an additional 744 shares in the last quarter. Robeco Institutional Asset Management B.V. bought a new position in EPR Properties in the 1st quarter valued at about $325,000. Assetmark Inc. boosted its stake in EPR Properties by 7.1% during the 1st quarter. Assetmark Inc. now owns 12,642 shares of the real estate investment trust's stock valued at $665,000 after purchasing an additional 836 shares during the last quarter. Finally, M&T Bank Corp increased its holdings in EPR Properties by 19.9% during the 1st quarter. M&T Bank Corp now owns 14,408 shares of the real estate investment trust's stock worth $758,000 after purchasing an additional 2,389 shares in the last quarter. Institutional investors and hedge funds own 74.66% of the company's stock.

Insider Activity at EPR Properties

In other news, EVP Gregory E. Zimmerman sold 7,500 shares of the stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $53.35, for a total transaction of $400,125.00. Following the completion of the transaction, the executive vice president owned 88,877 shares in the company, valued at approximately $4,741,587.95. This represents a 7.78% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last 90 days, insiders sold 22,500 shares of company stock worth $1,249,950. 2.31% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

EPR has been the topic of a number of recent research reports. Stifel Nicolaus raised their target price on EPR Properties from $65.00 to $65.50 and gave the company a "buy" rating in a report on Thursday, July 31st. Wall Street Zen lowered EPR Properties from a "buy" rating to a "hold" rating in a research report on Friday, August 22nd. Wells Fargo & Company raised shares of EPR Properties from an "underweight" rating to an "equal weight" rating and lifted their price objective for the stock from $54.00 to $56.00 in a report on Thursday. Royal Bank Of Canada lowered shares of EPR Properties from an "outperform" rating to a "sector perform" rating and set a $58.00 target price for the company. in a research note on Monday, August 4th. Finally, Raymond James Financial raised their price target on shares of EPR Properties from $57.00 to $62.00 and gave the company a "strong-buy" rating in a research report on Tuesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and six have given a Hold rating to the company's stock. Based on data from MarketBeat.com, EPR Properties has an average rating of "Hold" and a consensus target price of $58.42.

EPR Properties Stock Performance

Shares of NYSE:EPR traded up $1.53 during midday trading on Thursday, reaching $56.64. The company had a trading volume of 863,312 shares, compared to its average volume of 1,017,796. The stock has a market cap of $4.31 billion, a P/E ratio of 27.90, a P/E/G ratio of 3.91 and a beta of 1.32. The company's 50 day moving average price is $55.80 and its 200 day moving average price is $53.68. The company has a current ratio of 7.77, a quick ratio of 7.77 and a debt-to-equity ratio of 1.20. EPR Properties has a 52-week low of $41.75 and a 52-week high of $61.24.

EPR Properties (NYSE:EPR - Get Free Report) last posted its quarterly earnings data 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). EPR Properties had a return on equity of 7.66% and a net margin of 25.28%.The company had revenue of $150.35 million for the quarter, compared to analysts' expectations of $176.50 million. During the same quarter last year, the business posted $1.22 EPS. The business's quarterly revenue was up 3.7% on a year-over-year basis. EPR Properties has set its FY 2025 guidance at 5.000-5.160 EPS. As a group, sell-side analysts anticipate that EPR Properties will post 4.65 EPS for the current fiscal year.

EPR Properties Dividend Announcement

The company also recently announced a aug 25 dividend, which will be paid on Monday, September 15th. Shareholders of record on Friday, August 29th will be paid a $0.295 dividend. The ex-dividend date is Friday, August 29th. This represents a dividend yield of 652.0%. EPR Properties's payout ratio is presently 174.38%.

EPR Properties 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.