EPR Properties $EPR Stock Holdings Lifted by QRG Capital Management Inc.

Key Points

• QRG Capital Management Inc. increased its stake in EPR Properties by 15% during the second quarter, holding 93,541 shares valued at approximately $5.45 million.
• Several institutional investors, including Deutsche Bank AG and Aberdeen Group plc, dramatically increased their positions in EPR Properties, leading to institutional ownership reaching 74.66% of the stock.
• After recent ratings upgrades from multiple analysts, EPR Properties has a consensus rating of "Moderate Buy" with an average price target of $59.36.

QRG Capital Management Inc. lifted its holdings in EPR Properties (NYSE:EPR - Free Report) by 15.0% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 93,541 shares of the real estate investment trust's stock after buying an additional 12,173 shares during the quarter. QRG Capital Management Inc. owned approximately 0.12% of EPR Properties worth $5,450,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of EPR. Deutsche Bank AG lifted its position in shares of EPR Properties by 3,816.2% in the 1st quarter. Deutsche Bank AG now owns 1,874,975 shares of the real estate investment trust's stock worth $98,642,000 after buying an additional 1,827,098 shares during the last quarter. Russell Investments Group Ltd. lifted its position in shares of EPR Properties by 378.0% in the 1st quarter. Russell Investments Group Ltd. now owns 821,532 shares of the real estate investment trust's stock worth $43,221,000 after buying an additional 649,675 shares during the last quarter. Wellington Management Group LLP bought a new position in shares of EPR Properties in the 1st quarter worth about $21,166,000. Aberdeen Group plc lifted its position in shares of EPR Properties by 1,361.4% in the 1st quarter. Aberdeen Group plc now owns 366,765 shares of the real estate investment trust's stock worth $19,136,000 after buying an additional 341,668 shares during the last quarter. Finally, AQR Capital Management LLC lifted its position in shares of EPR Properties by 38.3% in the 1st quarter. AQR Capital Management LLC now owns 1,195,997 shares of the real estate investment trust's stock worth $61,887,000 after buying an additional 331,513 shares during the last quarter. 74.66% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. JPMorgan Chase & Co. raised their price target on shares of EPR Properties from $56.00 to $65.00 and gave the stock an "overweight" rating in a research report on Friday, September 12th. Stifel Nicolaus lifted their price objective on shares of EPR Properties from $65.00 to $65.50 and gave the company a "buy" rating in a research report on Thursday, July 31st. Raymond James Financial lifted their price objective 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. KeyCorp downgraded shares of EPR Properties from an "overweight" rating to a "sector weight" rating in a research report on Tuesday, August 19th. Finally, Wells Fargo & Company upgraded shares of EPR Properties from an "underweight" rating to an "equal weight" rating and lifted their price objective for the company from $54.00 to $56.00 in a research report on Thursday, September 11th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $59.36.

EPR Properties Stock Down 1.2%

EPR stock opened at $57.48 on Monday. EPR Properties has a 52 week low of $41.75 and a 52 week high of $61.24. The company has a market capitalization of $4.38 billion, a price-to-earnings ratio of 28.32, a price-to-earnings-growth ratio of 4.05 and a beta of 1.28. The firm's 50-day moving average is $55.23 and its two-hundred day moving average is $54.28. 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 (NYSE:EPR - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The real estate investment trust reported $1.24 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 the consensus estimate of $176.50 million. During the same quarter last year, the firm posted $1.22 earnings per share. The firm's quarterly revenue was up 3.7% compared to the same quarter last year. EPR Properties has set its FY 2025 guidance at 5.000-5.160 EPS. On average, analysts forecast that EPR Properties will post 4.65 earnings per share for the current fiscal year.

EPR Properties Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be given a dividend of $0.295 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.2%. The ex-dividend date is Tuesday, September 30th. EPR Properties's payout ratio is 174.38%.

Insider Activity at EPR Properties

In other EPR Properties news, EVP Gregory E. Zimmerman sold 7,500 shares of the business's stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $58.12, for a total transaction of $435,900.00. Following the sale, the executive vice president directly owned 81,377 shares in the company, valued at approximately $4,729,631.24. The trade was a 8.44% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In the last 90 days, insiders have sold 22,500 shares of company stock worth $1,248,075. 2.31% of the stock is currently owned by insiders.

About EPR Properties

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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