Sound Stewardship LLC Boosts Stock Position in EPR Properties $EPR

Key Points

• Sound Stewardship LLC increased its stake in EPR Properties by 94.1%, owning 10,922 shares valued at approximately $636,000 as of the latest SEC filing.
• Brokerage firms have shown diverse ratings for EPR Properties, with Wells Fargo upgrading its rating from "underweight" to "equal weight" and increasing the price target from $54.00 to $56.00.
• EPR Properties announced a quarterly dividend of $0.295 per share, providing a 2.1% yield, with the ex-dividend date set for September 30th.

Sound Stewardship LLC raised its holdings in shares of EPR Properties (NYSE:EPR - Free Report) by 94.1% during the second quarter, according to its most recent filing with the SEC. The firm owned 10,922 shares of the real estate investment trust's stock after purchasing an additional 5,296 shares during the period. Sound Stewardship LLC's holdings in EPR Properties were worth $636,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Caitong International Asset Management Co. Ltd boosted its stake in shares of EPR Properties by 235.6% during 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. UMB Bank n.a. boosted its position in EPR Properties by 231.7% during the 2nd quarter. UMB Bank n.a. now owns 743 shares of the real estate investment trust's stock valued at $43,000 after acquiring an additional 519 shares in the last quarter. Atlantic Edge Private Wealth Management LLC boosted its position 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 acquiring an additional 400 shares in the last quarter. Allworth Financial LP increased its holdings in shares of EPR Properties by 53.0% in the 1st quarter. Allworth Financial LP now owns 1,135 shares of the real estate investment trust's stock valued at $55,000 after acquiring an additional 393 shares during the period. Finally, GF Fund Management CO. LTD. bought a new position in shares of EPR Properties in the 4th quarter worth $61,000. Institutional investors own 74.66% of the company's stock.

Analyst Upgrades and Downgrades

EPR has been the topic of a number of recent research reports. Stifel Nicolaus raised their price objective on EPR Properties from $65.00 to $65.50 and gave the company a "buy" rating in a research report on Thursday, July 31st. Raymond James Financial raised their price target on shares of EPR Properties from $57.00 to $62.00 and gave the company a "strong-buy" rating in a report on Tuesday, August 12th. KeyCorp downgraded shares of EPR Properties from an "overweight" rating to a "sector weight" rating in a research report on Tuesday, August 19th. Wells Fargo & Company raised shares of EPR Properties from an "underweight" rating to an "equal weight" rating and increased their target price for the company from $54.00 to $56.00 in a research report on Thursday, September 11th. Finally, JPMorgan Chase & Co. lifted their price target on shares of EPR Properties from $56.00 to $65.00 and gave the stock an "overweight" rating in a report on Friday, September 12th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, EPR Properties presently has a consensus rating of "Hold" and an average target price of $59.36.

Insider Buying and Selling at EPR Properties

In other news, EVP Gregory E. Zimmerman sold 7,500 shares of the stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $53.35, for a total transaction of $400,125.00. Following the sale, the executive vice president directly owned 88,877 shares of the company's stock, valued at $4,741,587.95. This represents a 7.78% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders have sold a total of 22,500 shares of company stock valued at $1,249,950 in the last three months. Corporate insiders own 2.31% of the company's stock.

EPR Properties Stock Performance

EPR stock traded up $0.61 during trading on Tuesday, hitting $57.00. 227,721 shares of the company traded hands, compared to its average volume of 807,370. EPR Properties has a 1 year low of $41.75 and a 1 year high of $61.24. The company has a market cap of $4.34 billion, a PE ratio of 28.12, a P/E/G ratio of 3.99 and a beta of 1.32. The stock's 50-day simple moving average is $55.47 and its 200 day simple moving average is $53.92. 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 EPS for the quarter, missing analysts' consensus estimates of $1.25 by ($0.01). The firm had revenue of $150.35 million for 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%.EPR Properties's revenue for the quarter was up 3.7% compared to the same quarter last year. During the same period in the previous year, the business 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 earnings per share 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. Shareholders of record on Tuesday, September 30th will be given a $0.295 dividend. The ex-dividend date is Tuesday, September 30th. This represents a $1.18 dividend on an annualized basis and a dividend yield of 2.1%. EPR Properties's dividend payout ratio is 174.38%.

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.