Pallas Capital Advisors LLC Boosts Stock Holdings in EPR Properties $EPR

Key Points

• Pallas Capital Advisors LLC significantly increased its stake in EPR Properties by 117.9%, purchasing an additional 4,682 shares, bringing its total holdings to 8,652 shares valued at $504,000.
• Analysts have shown mixed sentiments towards EPR Properties, with updated price targets ranging from $54.00 to $65.50 and one analyst giving a "Strong Buy" rating, while maintaining an average rating of "Hold".
• EPR Properties announced a quarterly dividend of $0.295 per share, with an annualized yield of 2.1%, to be paid on October 15th to shareholders of record by September 30th.

Pallas Capital Advisors LLC raised its position in EPR Properties (NYSE:EPR - Free Report) by 117.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,652 shares of the real estate investment trust's stock after purchasing an additional 4,682 shares during the quarter. Pallas Capital Advisors LLC's holdings in EPR Properties were worth $504,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Spire Wealth Management lifted its holdings in shares of EPR Properties by 11.5% in the first quarter. Spire Wealth Management now owns 2,339 shares of the real estate investment trust's stock valued at $123,000 after purchasing an additional 242 shares in the last quarter. Nissay Asset Management Corp Japan ADV lifted its holdings in shares of EPR Properties by 2.5% in the first quarter. Nissay Asset Management Corp Japan ADV now owns 10,705 shares of the real estate investment trust's stock valued at $563,000 after purchasing an additional 258 shares in the last quarter. Teamwork Financial Advisors LLC lifted its holdings in shares of EPR Properties by 2.8% in the first quarter. Teamwork Financial Advisors LLC now owns 10,984 shares of the real estate investment trust's stock valued at $578,000 after purchasing an additional 295 shares in the last quarter. EP Wealth Advisors LLC lifted its holdings in shares of EPR Properties by 7.4% in the first quarter. EP Wealth Advisors LLC now owns 4,880 shares of the real estate investment trust's stock valued at $257,000 after purchasing an additional 335 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd lifted its holdings in shares of EPR Properties by 235.6% in the first quarter. Caitong International Asset Management Co. Ltd now owns 537 shares of the real estate investment trust's stock valued at $28,000 after purchasing an additional 377 shares in the last quarter. 74.66% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have issued reports on EPR. Wells Fargo & Company raised EPR Properties from an "underweight" rating to an "equal weight" rating and raised their target price for the stock from $54.00 to $56.00 in a research report on Thursday, September 11th. KeyCorp lowered EPR Properties from an "overweight" rating to a "sector weight" rating in a research note on Tuesday, August 19th. UBS Group lowered their target price on EPR Properties from $62.00 to $54.00 and set a "neutral" rating for the company in a research note on Friday, August 15th. Raymond James Financial boosted their price target on EPR Properties from $57.00 to $62.00 and gave the company a "strong-buy" rating in a report on Tuesday, August 12th. Finally, JPMorgan Chase & Co. upped 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. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $59.36.

Insider Buying and Selling

In other EPR Properties news, EVP Gregory E. Zimmerman sold 7,500 shares of EPR Properties stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $53.35, for a total value of $400,125.00. Following the transaction, the executive vice president directly owned 88,877 shares in the company, valued at approximately $4,741,587.95. The trade was a 7.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In the last quarter, insiders have sold 22,500 shares of company stock worth $1,249,950. 2.31% of the stock is owned by company insiders.

EPR Properties Price Performance

NYSE EPR traded up $0.56 during trading hours on Tuesday, hitting $56.95. 141,306 shares of the company's stock traded hands, compared to its average volume of 806,965. The firm's 50-day moving average is $55.47 and its 200-day moving average is $53.92. EPR Properties has a 52-week low of $41.75 and a 52-week 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. The company has a market capitalization of $4.33 billion, a PE ratio of 28.05, a PEG ratio of 3.99 and a beta of 1.32.

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 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 firm had revenue of $150.35 million during the quarter, compared to analysts' expectations of $176.50 million. During the same period last year, the company earned $1.22 EPS. The business's quarterly revenue was up 3.7% on a year-over-year basis. EPR Properties has set its FY 2025 guidance at 5.000-5.160 EPS. Equities analysts forecast that EPR Properties will post 4.65 EPS for the current fiscal year.

EPR Properties Dividend Announcement

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

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.