SG Americas Securities LLC Cuts Holdings in EPR Properties $EPR

Key Points

• SG Americas Securities cut its stake in EPR Properties by 63.4%, selling 34,890 shares and leaving a holding of 20,111 shares valued at about $1.00 million at quarter-end.
• Company insiders have sold a total of 22,133 shares over the last three months (≈$1.24M), and insiders now own just 0.03% of the stock.
• EPR raised its monthly dividend to $0.31 (annualized yield ~7.0%), although the payout ratio is elevated at 113.76%, signaling potential sustainability risk.

SG Americas Securities LLC decreased its position in EPR Properties (NYSE:EPR - Free Report) by 63.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 20,111 shares of the real estate investment trust's stock after selling 34,890 shares during the period. SG Americas Securities LLC's holdings in EPR Properties were worth $1,004,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. boosted its position in shares of EPR Properties by 1.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 96,061 shares of the real estate investment trust's stock worth $5,054,000 after purchasing an additional 976 shares during the period. United Services Automobile Association purchased a new position in EPR Properties in the 1st quarter valued at approximately $251,000. Empowered Funds LLC boosted its position in EPR Properties by 10.1% in the 1st quarter. Empowered Funds LLC now owns 8,746 shares of the real estate investment trust's stock valued at $460,000 after buying an additional 804 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in EPR Properties by 13.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 524,883 shares of the real estate investment trust's stock valued at $27,614,000 after buying an additional 61,844 shares during the period. Finally, Focus Partners Wealth boosted its position in EPR Properties by 13.6% in the 1st quarter. Focus Partners Wealth now owns 8,861 shares of the real estate investment trust's stock valued at $466,000 after buying an additional 1,062 shares during the period. 74.66% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, EVP Gregory E. Zimmerman sold 7,500 shares of the company's stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $53.89, for a total value of $404,175.00. Following the completion of the sale, the executive vice president directly owned 66,294 shares of the company's stock, valued at approximately $3,572,583.66. This represents a 10.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Brian Andrew Moriarty sold 5,000 shares of the company's stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $56.44, for a total transaction of $282,200.00. Following the completion of the sale, the senior vice president directly owned 13,704 shares of the company's stock, valued at $773,453.76. The trade was a 26.73% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 22,133 shares of company stock valued at $1,242,101. Insiders own 0.03% of the company's stock.

EPR Properties Price Performance

Shares of NYSE EPR opened at $53.08 on Friday. The company has a current ratio of 8.81, a quick ratio of 8.81 and a debt-to-equity ratio of 1.26. EPR Properties has a twelve month low of $44.81 and a twelve month high of $62.08. The stock has a 50 day moving average of $55.28 and a two-hundred day moving average of $53.57. The stock has a market cap of $4.06 billion, a P/E ratio of 16.23, a P/E/G ratio of 2.36 and a beta of 1.01.

EPR Properties (NYSE:EPR - Get Free Report) last issued its quarterly earnings data on Wednesday, February 25th. The real estate investment trust reported $1.30 earnings per share for the quarter, beating analysts' consensus estimates of $1.29 by $0.01. EPR Properties had a return on equity of 11.81% and a net margin of 38.27%.The company had revenue of $182.95 million during the quarter, compared to analysts' expectations of $181.76 million. During the same quarter in the previous year, the business earned $1.22 earnings per share. The firm's revenue for the quarter was up 3.2% on a year-over-year basis. EPR Properties has set its FY 2026 guidance at 5.280-5.480 EPS. On average, research analysts forecast that EPR Properties will post 4.65 earnings per share for the current year.

EPR Properties Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be issued a $0.31 dividend. The ex-dividend date of this dividend is Tuesday, March 31st. This is a positive change from EPR Properties's previous monthly dividend of $0.30. This represents a c) dividend on an annualized basis and a dividend yield of 7.0%. EPR Properties's dividend payout ratio is currently 113.76%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on EPR shares. Stifel Nicolaus set a $65.50 price objective on EPR Properties in a research note on Thursday, March 5th. Weiss Ratings reiterated a "buy (b-)" rating on shares of EPR Properties in a research note on Monday, December 29th. UBS Group lifted their price objective on shares of EPR Properties from $54.00 to $58.00 and gave the stock a "neutral" rating in a research report on Monday, March 9th. Royal Bank Of Canada lifted their price objective on shares of EPR Properties from $58.00 to $59.00 and gave the stock a "sector perform" rating in a research report on Friday, March 6th. Finally, Truist Financial lifted their price objective on shares of EPR Properties from $60.00 to $62.00 and gave the stock a "hold" rating in a research report on Friday, March 6th. Four analysts have rated the stock with a Buy rating and five have given a Hold rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $59.50.

About EPR Properties

EPR Properties is a real estate investment trust that specializes in experiential properties across the United States, Canada and select international markets. Established in 1997 and headquartered in Kansas City, Missouri, the company targets properties in the entertainment, recreation and education sectors. Its portfolio includes movie theaters, ski resorts, family entertainment centers, charter schools and other venues that benefit from consumer-driven experiences.

The trust employs long-term, triple-net lease agreements, where tenants are responsible for real estate taxes, insurance and maintenance.

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