Strs Ohio Purchases Shares of 165,200 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 purchased a new stake in shares of EPR Properties (NYSE:EPR - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 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 SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in EPR. BNP Paribas Financial Markets increased its position in shares of EPR Properties by 14.1% during the fourth quarter. BNP Paribas Financial Markets now owns 8,431 shares of the real estate investment trust's stock valued at $373,000 after acquiring an additional 1,044 shares in the last quarter. Focus Partners Wealth increased its position in shares of EPR Properties by 26.7% during the fourth quarter. Focus Partners Wealth now owns 7,799 shares of the real estate investment trust's stock valued at $345,000 after acquiring an additional 1,642 shares in the last quarter. Nissay Asset Management Corp Japan ADV increased its position in shares of EPR Properties by 4.1% during the fourth quarter. Nissay Asset Management Corp Japan ADV now owns 10,447 shares of the real estate investment trust's stock valued at $459,000 after acquiring an additional 409 shares in the last quarter. Quantinno Capital Management LP increased its position in shares of EPR Properties by 28.9% during the fourth quarter. Quantinno Capital Management LP now owns 162,393 shares of the real estate investment trust's stock valued at $7,191,000 after acquiring an additional 36,367 shares in the last quarter. Finally, Vermillion & White Wealth Management Group LLC bought a new stake in shares of EPR Properties during the fourth quarter valued at approximately $223,000. Institutional investors own 74.66% of the company's stock.

EPR Properties Stock Performance

Shares of EPR Properties stock traded up $0.29 on Thursday, hitting $56.92. 731,436 shares of the company's stock were exchanged, compared to its average volume of 1,063,089. The company has a 50-day simple moving average of $55.63 and a 200-day simple moving average of $53.86. The stock has a market capitalization of $4.33 billion, a PE ratio of 28.04, a PEG ratio of 3.99 and a beta of 1.32. EPR Properties has a 1 year low of $41.75 and a 1 year high of $61.24. The company has a debt-to-equity ratio of 1.20, a quick ratio of 7.77 and a current ratio of 7.77.

EPR Properties (NYSE:EPR - Get Free Report) last issued 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). The business had revenue of $150.35 million for 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 company's revenue was up 3.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.22 EPS. EPR Properties has set its FY 2025 guidance at 5.000-5.160 EPS. As a group, equities analysts anticipate that EPR Properties will post 4.65 EPS for the current year.

EPR Properties Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be paid a dividend of $0.295 per share. 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 payout ratio is 174.38%.

Insider Buying and Selling at EPR Properties

In related 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 transaction of $400,125.00. Following the transaction, the executive vice president owned 88,877 shares in the company, valued at approximately $4,741,587.95. The trade was a 7.78% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In the last 90 days, insiders have sold 22,500 shares of company stock worth $1,249,950. 2.31% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

EPR has been the topic of several research reports. Stifel Nicolaus raised their target price on shares of EPR Properties from $65.00 to $65.50 and gave the stock a "buy" rating in a report on Thursday, July 31st. UBS Group dropped their target price on shares of EPR Properties from $62.00 to $54.00 and set a "neutral" rating on the stock in a report on Friday, August 15th. Wells Fargo & Company upgraded shares of 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 report on Thursday, September 11th. Wall Street Zen upgraded shares of EPR Properties from a "hold" rating to a "buy" rating in a report on Saturday, September 13th. Finally, Royal Bank Of Canada cut shares of EPR Properties from an "outperform" rating to a "sector perform" rating and set a $58.00 target price on the stock. in a report on Monday, August 4th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and six have given a Hold rating to the company's stock. According to data from MarketBeat.com, EPR Properties currently has an average rating of "Hold" and an average target price of $59.36.

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.