VIRGINIA RETIREMENT SYSTEMS ET Al Buys Shares of 81,633 EPR Properties $EPR

Key Points

• Virginia Retirement Systems acquired 81,633 shares of EPR Properties during the second quarter, valued at approximately $4.7 million. Institutional investors collectively own 74.66% of the REIT.
• Analyst sentiment is positive, with EPR carrying a “Moderate Buy” consensus rating and an average price target of $65.45; several firms recently upgraded the stock or raised their targets.
• EPR reported quarterly earnings of $0.79 per share, exceeding estimates, while revenue rose 30.4% year over year to $196.08 million. The company also declared a monthly dividend of $0.31 per share, representing a 6.2% annualized yield.

VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in EPR Properties (NYSE:EPR - Free Report) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 81,633 shares of the real estate investment trust's stock, valued at approximately $4,736,000. VIRGINIA RETIREMENT SYSTEMS ET Al owned 0.11% of EPR Properties as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd bought a new stake in shares of EPR Properties in the 3rd quarter valued at $26,000. First Bancorp Inc ME bought a new stake in shares of EPR Properties in the second quarter worth about $27,000. Fourth Dimension Wealth LLC increased its holdings in shares of EPR Properties by 66.7% in the fourth quarter. Fourth Dimension Wealth LLC now owns 500 shares of the real estate investment trust's stock worth $25,000 after acquiring an additional 200 shares in the last quarter. Transamerica Financial Advisors LLC raised its position in shares of EPR Properties by 356.7% during the fourth quarter. Transamerica Financial Advisors LLC now owns 580 shares of the real estate investment trust's stock worth $29,000 after purchasing an additional 453 shares during the period. Finally, Larson Financial Group LLC raised its position in shares of EPR Properties by 134.1% during the fourth quarter. Larson Financial Group LLC now owns 653 shares of the real estate investment trust's stock worth $33,000 after purchasing an additional 374 shares during the period. 74.66% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, SVP Gwendolyn Johnson sold 1,000 shares of the stock in a transaction dated Tuesday, July 7th. The shares were sold at an average price of $60.00, for a total transaction of $60,000.00. Following the completion of the transaction, the senior vice president directly owned 13,213 shares in the company, valued at $792,780. This represents a 7.04% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Tonya Mater sold 6,692 shares of EPR Properties stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $61.79, for a total value of $413,498.68. Following the completion of the sale, the chief accounting officer directly owned 49,167 shares in the company, valued at approximately $3,038,028.93. This represents a 11.98% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 13,892 shares of company stock valued at $844,113 in the last three months. 0.03% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Royal Bank Of Canada boosted their price objective on EPR Properties from $61.00 to $64.00 and gave the company a "sector perform" rating in a research report on Friday, August 7th. Morgan Stanley raised shares of EPR Properties from an "equal weight" rating to an "overweight" rating in a research report on Friday, June 12th. Weiss Ratings restated a "buy (b)" rating on shares of EPR Properties in a report on Wednesday, August 19th. Stifel Nicolaus boosted their price objective on shares of EPR Properties from $66.00 to $70.50 and gave the company a "buy" rating in a research report on Thursday, July 30th. Finally, KeyCorp raised shares of EPR Properties from a "sector weight" rating to an "overweight" rating and set a $70.00 target price for the company in a research note on Wednesday, August 19th. Nine equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, EPR Properties has an average rating of "Moderate Buy" and an average price target of $65.45.

EPR Properties Price Performance

Shares of EPR opened at $60.04 on Wednesday. The stock has a market capitalization of $4.60 billion, a P/E ratio of 19.31, a P/E/G ratio of 2.30 and a beta of 1.01. EPR Properties has a twelve month low of $48.10 and a twelve month high of $64.97. The company has a 50 day moving average of $60.80 and a 200-day moving average of $57.96. The company has a quick ratio of 9.51, a current ratio of 9.51 and a debt-to-equity ratio of 1.43.

EPR Properties (NYSE:EPR - Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $0.79 EPS for the quarter, topping analysts' consensus estimates of $0.74 by $0.05. EPR Properties had a net margin of 35.45% and a return on equity of 11.34%. The business had revenue of $196.08 million for the quarter, compared to analyst estimates of $158.13 million. During the same quarter in the previous year, the firm posted $1.26 earnings per share. The firm's revenue for the quarter was up 30.4% on a year-over-year basis. EPR Properties has set its FY 2026 guidance at 5.410-5.570 EPS. As a group, equities research analysts forecast that EPR Properties will post 5.36 EPS for the current fiscal year.

EPR Properties Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be given a dividend of $0.31 per share. The ex-dividend date of this dividend is Monday, August 31st. This represents a c) annualized dividend and a yield of 6.2%. EPR Properties's payout ratio is 119.61%.

EPR Properties Profile

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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