Swedbank AB Has $6.47 Million Holdings in EPR Properties $EPR

Key Points

• Swedbank AB reduced its stake in EPR Properties by 30.9%, selling 54,985 shares during Q1, leaving it with 122,887 shares valued at approximately $6.47 million.
• Multiple institutional investors, including Deutsche Bank and Aberdeen Group, significantly increased their holdings in EPR Properties, with Deutsche Bank raising its stake by 3,816.2%.
• EPR Properties announced a quarterly dividend of $0.295 per share, resulting in an annualized dividend yield of 2.0%, despite a dividend payout ratio of 174.38%.

Swedbank AB trimmed its position in shares of EPR Properties (NYSE:EPR - Free Report) by 30.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 122,887 shares of the real estate investment trust's stock after selling 54,985 shares during the period. Swedbank AB owned about 0.16% of EPR Properties worth $6,465,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Deutsche Bank AG boosted its stake in EPR Properties by 3,816.2% in the first quarter. Deutsche Bank AG now owns 1,874,975 shares of the real estate investment trust's stock valued at $98,642,000 after acquiring an additional 1,827,098 shares in the last quarter. LSV Asset Management raised its holdings in shares of EPR Properties by 11.4% during the first quarter. LSV Asset Management now owns 1,257,666 shares of the real estate investment trust's stock worth $66,166,000 after purchasing an additional 128,568 shares during the last quarter. AQR Capital Management LLC increased its holdings in EPR Properties by 38.3% in the first quarter. AQR Capital Management LLC now owns 1,195,997 shares of the real estate investment trust's stock valued at $61,887,000 after buying an additional 331,513 shares in the last quarter. American Century Companies Inc. increased its holdings in EPR Properties by 0.6% in the first quarter. American Century Companies Inc. now owns 1,092,032 shares of the real estate investment trust's stock valued at $57,452,000 after buying an additional 6,085 shares in the last quarter. Finally, Russell Investments Group Ltd. grew its position in shares of EPR Properties by 378.0% in the first quarter. Russell Investments Group Ltd. now owns 821,532 shares of the real estate investment trust's stock valued at $43,221,000 after purchasing an additional 649,675 shares during the period. 74.66% of the stock is currently owned by institutional investors.

EPR Properties Price Performance

NYSE:EPR traded down $0.11 during mid-day trading on Friday, hitting $56.76. 1,592,399 shares of the company's stock traded hands, compared to its average volume of 1,062,710. The company has a debt-to-equity ratio of 1.20, a quick ratio of 7.77 and a current ratio of 7.77. The firm's 50 day simple moving average is $55.56 and its 200 day simple moving average is $53.88. 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 $4.32 billion, a PE ratio of 27.96, a price-to-earnings-growth ratio of 4.01 and a beta of 1.32.

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 EPS for the quarter, missing analysts' consensus estimates of $1.25 by ($0.01). EPR Properties had a return on equity of 7.66% and a net margin of 25.28%.The firm had revenue of $150.35 million for the quarter, compared to analysts' expectations of $176.50 million. During the same quarter last year, the firm earned $1.22 earnings per share. The business's quarterly revenue was up 3.7% compared to the same quarter last year. EPR Properties has set its FY 2025 guidance at 5.000-5.160 EPS. Sell-side analysts expect that EPR Properties will post 4.65 EPS for the current year.

EPR Properties Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be issued a $0.295 dividend. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $1.18 dividend on an annualized basis and a yield of 2.1%. EPR Properties's dividend payout ratio (DPR) is currently 174.38%.

Analysts Set New Price Targets

EPR has been the topic of a number of recent research reports. Wall Street Zen upgraded shares of EPR Properties from a "hold" rating to a "buy" rating in a research report on Saturday, September 13th. Stifel Nicolaus upped their price objective 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. Wells Fargo & Company raised shares of EPR Properties from an "underweight" rating to an "equal weight" rating and increased their price objective for the company from $54.00 to $56.00 in a research report on Thursday, September 11th. UBS Group lowered their target price on shares of EPR Properties from $62.00 to $54.00 and set a "neutral" rating for the company in a report on Friday, August 15th. Finally, JPMorgan Chase & Co. upped their target price on shares of EPR Properties from $56.00 to $65.00 and gave the company an "overweight" rating in a report on Friday, September 12th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $59.36.

Insider Activity

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