Invesco Ltd. Lowers Stock Position in EPR Properties $EPR

Key Points

• Invesco Ltd. reduced its holdings in EPR Properties by 10.9% in the first quarter, now owning 548,164 shares valued at approximately $28.8 million.
• Several large investors have increased their stakes in EPR Properties, with Deutsche Bank AG growing its holdings by 3,816.2%, now owning nearly 1.9 million shares.
• EPR Properties recently announced a dividend of $0.295 per share, scheduled for payment on September 15th, reflecting a 674.0% yield despite a high payout ratio of 174.38%.

Invesco Ltd. decreased its stake in shares of EPR Properties (NYSE:EPR - Free Report) by 10.9% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 548,164 shares of the real estate investment trust's stock after selling 66,794 shares during the quarter. Invesco Ltd. owned approximately 0.72% of EPR Properties worth $28,839,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of EPR. Deutsche Bank AG raised its holdings 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 valued at $98,642,000 after purchasing an additional 1,827,098 shares in the last quarter. Northern Trust Corp grew its position in shares of EPR Properties by 30.6% in the 4th quarter. Northern Trust Corp now owns 844,940 shares of the real estate investment trust's stock worth $37,414,000 after buying an additional 198,019 shares during the last quarter. Allianz Asset Management GmbH grew its position in shares of EPR Properties by 102.3% in the 1st quarter. Allianz Asset Management GmbH now owns 328,146 shares of the real estate investment trust's stock worth $17,264,000 after buying an additional 165,904 shares during the last quarter. LSV Asset Management grew its position in shares of EPR Properties by 11.4% in the 1st quarter. LSV Asset Management now owns 1,257,666 shares of the real estate investment trust's stock worth $66,166,000 after buying an additional 128,568 shares during the last quarter. Finally, Nisa Investment Advisors LLC grew its position in shares of EPR Properties by 259.0% in the 1st quarter. Nisa Investment Advisors LLC now owns 167,381 shares of the real estate investment trust's stock worth $8,827,000 after buying an additional 120,755 shares during the last quarter. Institutional investors own 74.66% of the company's stock.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. Raymond James Financial lifted their price objective on shares of EPR Properties from $57.00 to $62.00 and gave the stock a "strong-buy" rating in a research report on Tuesday, August 12th. Royal Bank Of Canada downgraded shares of EPR Properties from an "outperform" rating to a "sector perform" rating and set a $58.00 price objective on the stock. in a research report on Monday, August 4th. Truist Financial lifted their price objective on shares of EPR Properties from $53.00 to $55.00 and gave the stock a "hold" rating in a research report on Monday, May 19th. UBS Group cut their price objective on shares of EPR Properties from $62.00 to $54.00 and set a "neutral" rating on the stock in a research report on Friday, August 15th. Finally, Wells Fargo & Company lifted their price objective on shares of EPR Properties from $52.00 to $53.00 and gave the stock an "underweight" rating in a research report on Monday, June 2nd. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $56.93.

Insider Buying and Selling at EPR Properties

In other news, EVP Gregory E. Zimmerman sold 7,500 shares of the stock in a transaction on Friday, August 1st. The shares were sold at an average price of $54.94, for a total value of $412,050.00. Following the sale, the executive vice president owned 96,377 shares in the company, valued at $5,294,952.38. This represents a 7.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 2.31% of the stock is owned by insiders.

EPR Properties Stock Performance

Shares of NYSE:EPR traded down $0.12 during midday trading on Monday, reaching $53.89. The company's stock had a trading volume of 838,135 shares, compared to its average volume of 982,689. The firm has a market capitalization of $4.10 billion, a PE ratio of 26.55, a P/E/G ratio of 3.83 and a beta of 1.33. EPR Properties has a twelve month low of $41.75 and a twelve month high of $61.24. The stock has a fifty day moving average of $56.77 and a 200 day moving average of $53.24. The company has a quick ratio of 7.77, a current 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 data 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). The business had revenue of $150.35 million during the quarter, compared to analyst estimates of $176.50 million. EPR Properties had a return on equity of 7.66% and a net margin of 25.28%.The firm's revenue was up 3.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.22 EPS. EPR Properties has set its FY 2025 guidance at 5.000-5.160 EPS. On average, equities analysts expect that EPR Properties will post 4.65 EPS for the current fiscal year.

EPR Properties Announces Dividend

The firm also recently disclosed a aug 25 dividend, which will be paid on Monday, September 15th. Stockholders 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 670.0%. EPR Properties's dividend payout ratio is presently 174.38%.

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.