Nuveen LLC Makes New Investment in EPR Properties $EPR

Key Points

• Nuveen LLC acquired 184,415 shares of EPR Properties, totaling approximately $9.7 million, which represents about 0.24% of the company's stock as of its latest SEC filing.
• EPR Properties had a quarterly earnings report indicating a slight miss on EPS estimates at $1.24, with revenues of $150.35 million that fell short of the consensus estimate of $176.50 million.
• A dividend of $0.295 was declared, set to yield an impressive 670%, with the ex-dividend date on August 29, 2023.

Nuveen LLC acquired a new position in shares of EPR Properties (NYSE:EPR - Free Report) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 184,415 shares of the real estate investment trust's stock, valued at approximately $9,702,000. Nuveen LLC owned approximately 0.24% of EPR Properties as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the company. Entropy Technologies LP acquired a new stake in EPR Properties during the first quarter worth about $599,000. Atlas Capital Advisors Inc. acquired a new stake in EPR Properties during the first quarter worth about $508,000. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in shares of EPR Properties by 5.3% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 51,994 shares of the real estate investment trust's stock valued at $2,735,000 after purchasing an additional 2,625 shares in the last quarter. Deutsche Bank AG boosted its stake 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. Finally, Chicago Partners Investment Group LLC acquired a new stake in shares of EPR Properties in the 1st quarter valued at approximately $254,000. 74.66% of the stock is currently owned by institutional investors and hedge funds.

EPR Properties Stock Up 0.5%

Shares of NYSE EPR opened at $53.9950 on Friday. The company has a 50 day simple moving average of $56.82 and a 200 day simple moving average of $53.16. The firm has a market cap of $4.11 billion, a PE ratio of 26.60, a price-to-earnings-growth ratio of 3.83 and a beta of 1.33. EPR Properties has a 1 year low of $41.75 and a 1 year high of $61.24. The company has a debt-to-equity ratio of 1.20, a current ratio of 7.77 and a quick ratio of 7.77.

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 earnings per share (EPS) 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 the consensus estimate of $176.50 million. EPR Properties had a net margin of 25.28% and a return on equity of 7.66%. The firm's quarterly revenue was up 3.7% compared to the same quarter last year. During the same quarter last year, the business earned $1.22 EPS. EPR Properties has set its FY 2025 guidance at 5.000-5.160 EPS. On average, research analysts forecast that EPR Properties will post 4.65 EPS for the current year.

EPR Properties Dividend Announcement

The firm also recently disclosed a aug 25 dividend, which will be paid on Monday, September 15th. Investors of record on Friday, August 29th will be issued a $0.295 dividend. This represents a yield of 670.0%. The ex-dividend date is Friday, August 29th. EPR Properties's dividend payout ratio (DPR) is 174.38%.

Insider Transactions at EPR Properties

In related news, EVP Gregory E. Zimmerman sold 7,500 shares of the firm's stock in a transaction that occurred 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 completion of the transaction, the executive vice president owned 96,377 shares in the company, valued at $5,294,952.38. This trade represents a 7.22% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.31% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on EPR. UBS Group reduced their price target on shares of EPR Properties from $62.00 to $54.00 and set a "neutral" rating on the stock in a research note on Friday, August 15th. Truist Financial raised their price target on shares of EPR Properties from $53.00 to $55.00 and gave the company a "hold" rating in a research note on Monday, May 19th. KeyCorp downgraded shares of EPR Properties from an "overweight" rating to a "sector weight" rating in a research note on Tuesday, August 19th. Stifel Nicolaus raised their price target on shares of EPR Properties from $65.00 to $65.50 and gave the company a "buy" rating in a research note on Thursday, July 31st. Finally, Wells Fargo & Company raised their price target on shares of EPR Properties from $52.00 to $53.00 and gave the company an "underweight" rating in a research note on Monday, June 2nd. One 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 company's stock. According to data from MarketBeat.com, EPR Properties presently has an average rating of "Hold" and a consensus target price of $56.93.

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.

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