Raymond James Financial Inc. Raises Stake in EPR Properties $EPR

Key Points

• Raymond James Financial Inc. increased its stake in EPR Properties by 4.0%, now owning 308,707 shares valued at approximately $16.24 million.
• EPR Properties announced a dividend of $0.295 per share, representing a dividend yield of 670.0%, with the ex-dividend date set for August 29th.
• The company recently reported an EPS of $1.24 for the last quarter, missing estimates, while setting a FY 2025 guidance between 5.000-5.160 EPS.

Raymond James Financial Inc. raised its position in shares of EPR Properties (NYSE:EPR - Free Report) by 4.0% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 308,707 shares of the real estate investment trust's stock after buying an additional 11,854 shares during the period. Raymond James Financial Inc. owned about 0.41% of EPR Properties worth $16,241,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Spire Wealth Management lifted its position in shares of EPR Properties by 11.5% in the 1st quarter. Spire Wealth Management now owns 2,339 shares of the real estate investment trust's stock worth $123,000 after purchasing an additional 242 shares during the period. Teamwork Financial Advisors LLC increased its stake in EPR Properties by 2.8% during the 1st 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. Caitong International Asset Management Co. Ltd increased its stake in EPR Properties by 235.6% during the 1st 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. Allworth Financial LP increased its stake in EPR Properties by 53.0% during the 1st quarter. Allworth Financial LP now owns 1,135 shares of the real estate investment trust's stock valued at $55,000 after purchasing an additional 393 shares in the last quarter. Finally, Atlantic Edge Private Wealth Management LLC increased its stake in EPR Properties by 88.9% during the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 850 shares of the real estate investment trust's stock valued at $45,000 after purchasing an additional 400 shares in the last quarter. 74.66% of the stock is owned by hedge funds and other institutional investors.

EPR Properties Stock Performance

Shares of EPR traded up $0.23 on Wednesday, reaching $53.40. The company's stock had a trading volume of 892,644 shares, compared to its average volume of 907,426. 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 stock has a market capitalization of $4.06 billion, a P/E ratio of 26.30, a PEG ratio of 3.84 and a beta of 1.32. The stock's 50 day simple moving average is $56.27 and its two-hundred day simple moving average is $53.46. 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 posted 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 analysts' expectations of $176.50 million. EPR Properties had a return on equity of 7.66% and a net margin of 25.28%.The business's quarterly revenue was up 3.7% compared to the same quarter last year. During the same period in the previous year, the business posted $1.22 EPS. EPR Properties has set its FY 2025 guidance at 5.000-5.160 EPS. Research analysts forecast that EPR Properties will post 4.65 earnings per share for the current fiscal year.

EPR Properties Announces Dividend

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

Insiders Place Their Bets

In other EPR Properties 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. The trade was a 7.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold a total of 22,500 shares of company stock worth $1,249,950 over the last quarter. 2.31% of the stock is owned by insiders.

Analyst Ratings Changes

EPR has been the subject of a number of analyst reports. Raymond James Financial raised their price objective 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. Stifel Nicolaus lifted their price target 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. Truist Financial lifted their price target on shares of EPR Properties from $53.00 to $55.00 and gave the stock a "hold" rating in a research note on Monday, May 19th. KeyCorp lowered shares of EPR Properties from an "overweight" rating to a "sector weight" rating in a research note on Tuesday, August 19th. Finally, Royal Bank Of Canada lowered shares of EPR Properties from an "outperform" rating to a "sector perform" rating and set a $58.00 price target 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 issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $57.07.

About EPR Properties

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.