Focus Financial Network Inc. Buys 5,813 Shares of EPR Properties $EPR

Key Points

• Focus Financial Network Inc. increased its stake in EPR Properties by 24.2%, owning 29,866 shares valued at approximately $1.74 million following the acquisition of an additional 5,813 shares.
• Multiple hedge funds have significantly raised their holdings in EPR Properties, with Deutsche Bank AG increasing its ownership by an astonishing 3,816.2% during the first quarter.
• EPR Properties announced a quarterly dividend of $0.295 per share, yielding 2.1%, and the ex-dividend date is set for September 30th.

Focus Financial Network Inc. boosted its stake in shares of EPR Properties (NYSE:EPR - Free Report) by 24.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,866 shares of the real estate investment trust's stock after acquiring an additional 5,813 shares during the quarter. Focus Financial Network Inc.'s holdings in EPR Properties were worth $1,740,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Sivia Capital Partners LLC bought a new stake in shares of EPR Properties in the 2nd quarter worth about $268,000. Pallas Capital Advisors LLC boosted its position in EPR Properties by 117.9% in the second quarter. Pallas Capital Advisors LLC now owns 8,652 shares of the real estate investment trust's stock valued at $504,000 after buying an additional 4,682 shares in the last quarter. Kera Capital Partners Inc. bought a new stake in EPR Properties during the second quarter worth about $370,000. Goldman Sachs Group Inc. grew its stake in EPR Properties by 1.0% during the first quarter. Goldman Sachs Group Inc. now owns 96,061 shares of the real estate investment trust's stock worth $5,054,000 after buying an additional 976 shares during the last quarter. Finally, Voya Investment Management LLC increased its holdings in shares of EPR Properties by 29.4% during the first quarter. Voya Investment Management LLC now owns 91,701 shares of the real estate investment trust's stock worth $4,824,000 after buying an additional 20,814 shares in the last quarter. Institutional investors and hedge funds own 74.66% of the company's stock.

EPR Properties Trading Down 0.4%

EPR traded down $0.23 during trading on Monday, reaching $56.48. 801,338 shares of the company's stock were exchanged, compared to its average volume of 1,103,888. The company's fifty day moving average price is $55.47 and its 200-day moving average price is $53.92. The firm has a market capitalization of $4.30 billion, a PE ratio of 27.82, a P/E/G ratio of 3.99 and a beta of 1.32. EPR Properties has a fifty-two week low of $41.75 and a fifty-two week high of $61.24. The company has a debt-to-equity ratio of 1.20, a quick ratio of 7.77 and a current ratio of 7.77.

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

EPR Properties Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be paid a $0.295 dividend. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $1.18 dividend on an annualized basis and a dividend yield of 2.1%. EPR Properties's dividend payout ratio is 174.38%.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on EPR shares. Wall Street Zen raised EPR Properties from a "hold" rating to a "buy" rating in a report on Saturday, September 13th. KeyCorp downgraded EPR Properties from an "overweight" rating to a "sector weight" rating in a research report on Tuesday, August 19th. Wells Fargo & Company raised EPR Properties from an "underweight" rating to an "equal weight" rating and boosted their price objective for the stock from $54.00 to $56.00 in a research note on Thursday, September 11th. JPMorgan Chase & Co. increased their target price on EPR Properties from $56.00 to $65.00 and gave the stock an "overweight" rating in a report on Friday, September 12th. Finally, Royal Bank Of Canada lowered 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. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $59.36.

Insider Buying and Selling at EPR Properties

In related news, EVP Gregory E. Zimmerman sold 7,500 shares of EPR Properties stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $53.35, for a total transaction of $400,125.00. Following the transaction, the executive vice president owned 88,877 shares of the company's stock, valued at $4,741,587.95. This trade 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 link. In the last 90 days, insiders have sold 22,500 shares of company stock valued at $1,249,950. 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.