Strs Ohio Takes $8.69 Million Position in EPR Properties $EPR

Key Points

• Strs Ohio has acquired a new stake in EPR Properties, purchasing 165,200 shares valued at approximately $8.69 million, representing 0.22% of the company's total shares.
• EPR Properties reported a $1.24 earnings per share (EPS) for the last quarter, slightly missing analyst estimates, while also announcing a $0.295 dividend to be paid in September.
• Institutional investors and hedge funds collectively own 74.66% of EPR Properties, indicating strong institutional interest in the company.

Strs Ohio bought a new stake in EPR Properties (NYSE:EPR - Free Report) during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 165,200 shares of the real estate investment trust's stock, valued at approximately $8,691,000. Strs Ohio owned approximately 0.22% of EPR Properties as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the stock. Principal Financial Group Inc. grew its position in shares of EPR Properties by 0.4% during the 1st quarter. Principal Financial Group Inc. now owns 174,282 shares of the real estate investment trust's stock valued at $9,169,000 after buying an additional 699 shares during the last quarter. GAMMA Investing LLC grew its position in shares of EPR Properties by 66.0% during the 1st quarter. GAMMA Investing LLC now owns 1,871 shares of the real estate investment trust's stock valued at $98,000 after buying an additional 744 shares during the last quarter. Robeco Institutional Asset Management B.V. bought a new stake in shares of EPR Properties during the 1st quarter valued at about $325,000. Assetmark Inc. grew its position in shares of EPR Properties by 7.1% during the 1st quarter. Assetmark Inc. now owns 12,642 shares of the real estate investment trust's stock valued at $665,000 after buying an additional 836 shares during the last quarter. Finally, M&T Bank Corp grew its position in shares of EPR Properties by 19.9% during the 1st quarter. M&T Bank Corp now owns 14,408 shares of the real estate investment trust's stock valued at $758,000 after buying an additional 2,389 shares during the last quarter. Institutional investors and hedge funds own 74.66% of the company's stock.

EPR Properties Trading Up 3.4%

EPR Properties stock opened at $58.53 on Friday. The firm has a 50 day simple moving average of $55.78 and a 200-day simple moving average of $53.75. 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 $4.46 billion, a PE ratio of 28.83, a price-to-earnings-growth ratio of 4.03 and a beta of 1.32. 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 the consensus estimate of $1.25 by ($0.01). The company 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 company's revenue was up 3.7% on a year-over-year basis. During the same quarter last year, the business earned $1.22 earnings per share. EPR Properties has set its FY 2025 guidance at 5.000-5.160 EPS. As a group, equities research analysts expect that EPR Properties will post 4.65 EPS for the current fiscal year.

EPR Properties Announces Dividend

The business also recently disclosed a aug 25 dividend, which will be paid on Monday, September 15th. Stockholders of record on Friday, August 29th will be issued a $0.295 dividend. The ex-dividend date is Friday, August 29th. This represents a dividend yield of 652.0%. EPR Properties's dividend payout ratio (DPR) is 174.38%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. JPMorgan Chase & Co. boosted their price objective on shares of EPR Properties from $56.00 to $65.00 and gave the company an "overweight" rating in a research report on Friday. Wells Fargo & Company raised shares of EPR Properties from an "underweight" rating to an "equal weight" rating and boosted their price objective for the company from $54.00 to $56.00 in a research report on Thursday. KeyCorp lowered shares of EPR Properties from an "overweight" rating to a "sector weight" rating in a research note on Tuesday, August 19th. UBS Group dropped 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. Finally, 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. One investment 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. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $59.36.

Insider Activity

In other news, EVP Gregory E. Zimmerman sold 7,500 shares of the stock in a transaction that occurred 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 completion of the transaction, the executive vice president directly owned 88,877 shares in the company, valued at $4,741,587.95. This trade represents a 7.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders have sold 22,500 shares of company stock valued at $1,249,950 in the last ninety days. Company insiders own 2.31% of the company's stock.

EPR Properties Company 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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