Evergreen Capital Management LLC Makes New $282,000 Investment in EPR Properties $EPR

Key Points

• Evergreen Capital Management LLC has made a new investment in EPR Properties, acquiring 5,353 shares valued at approximately $282,000 during the first quarter.
• Notable institutional investors such as Deutsche Bank AG and Aberdeen Group plc have significantly increased their stakes in EPR Properties, with some reporting increases over 1,000% in their holdings.
• EPR Properties announced a dividend of $0.295 per share, with a yield of 652.0%, although the payout ratio sits at 174.38%, signaling potential concerns about sustainability.

Evergreen Capital Management LLC bought a new stake in EPR Properties (NYSE:EPR - Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 5,353 shares of the real estate investment trust's stock, valued at approximately $282,000.

Several other large investors also recently made changes to their positions in the business. Deutsche Bank AG lifted its stake in 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 valued at $98,642,000 after acquiring an additional 1,827,098 shares in the last quarter. Russell Investments Group Ltd. increased its stake in shares of EPR Properties by 378.0% in the first quarter. Russell Investments Group Ltd. now owns 821,532 shares of the real estate investment trust's stock valued at $43,221,000 after buying an additional 649,675 shares during the period. Wellington Management Group LLP acquired a new stake in EPR Properties during the first quarter worth approximately $21,166,000. Aberdeen Group plc grew its stake in EPR Properties by 1,361.4% in the first quarter. Aberdeen Group plc now owns 366,765 shares of the real estate investment trust's stock valued at $19,136,000 after acquiring an additional 341,668 shares during the period. Finally, Northern Trust Corp lifted its holdings in shares of EPR Properties by 30.6% in the fourth quarter. Northern Trust Corp now owns 844,940 shares of the real estate investment trust's stock valued at $37,414,000 after purchasing an additional 198,019 shares in the last quarter. Institutional investors own 74.66% of the company's stock.

Analysts Set New Price Targets

Several brokerages have issued reports on EPR. Wall Street Zen lowered EPR Properties from a "buy" rating to a "hold" rating in a research note on Friday, August 22nd. Stifel Nicolaus increased their target price on shares of EPR Properties from $65.00 to $65.50 and gave the stock a "buy" rating in a research note on Thursday, July 31st. Wells Fargo & Company raised their price objective on shares of EPR Properties from $53.00 to $54.00 and gave the stock an "underweight" rating in a research note on Wednesday, August 27th. Raymond James Financial raised their target price on shares of EPR Properties from $57.00 to $62.00 and gave the company a "strong-buy" rating in a research note on Tuesday, August 12th. Finally, Truist Financial boosted their price target on shares of EPR Properties from $53.00 to $55.00 and gave the company a "hold" rating in a report on Monday, May 19th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $57.07.

EPR Properties Stock Performance

Shares of NYSE EPR traded down $0.25 during trading on Monday, hitting $53.01. The company had a trading volume of 463,301 shares, compared to its average volume of 777,572. The firm has a market capitalization of $4.03 billion, a P/E ratio of 26.12, a price-to-earnings-growth ratio of 3.77 and a beta of 1.32. The company has a debt-to-equity ratio of 1.20, a quick ratio of 7.77 and a current ratio of 7.77. The stock has a 50 day simple moving average of $56.10 and a 200 day simple moving average of $53.58. EPR Properties has a 12 month low of $41.75 and a 12 month high of $61.24.

EPR Properties (NYSE:EPR - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The real estate investment trust reported $1.24 EPS for the quarter, missing the consensus estimate of $1.25 by ($0.01). EPR Properties had a net margin of 25.28% and a return on equity of 7.66%. The business had revenue of $150.35 million during the quarter, compared to analyst estimates of $176.50 million. During the same period in the previous year, the business posted $1.22 earnings per share. The firm's revenue for the quarter 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, analysts anticipate that EPR Properties will post 4.65 earnings per share for the current year.

EPR Properties Announces Dividend

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

Insider Activity at EPR Properties

In other EPR Properties news, EVP Gregory E. Zimmerman sold 7,500 shares of the firm's stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $53.35, for a total transaction of $400,125.00. Following the transaction, the executive vice president directly owned 88,877 shares in the company, valued at $4,741,587.95. This trade represents a 7.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold a total of 22,500 shares of company stock valued at $1,249,950 over the last ninety days. Company insiders own 2.31% of the company's stock.

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.