Wasatch Advisors LP reduced its position in shares of EPR Properties (NYSE:EPR - Free Report) by 2.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 951,109 shares of the real estate investment trust's stock after selling 22,330 shares during the period. Wasatch Advisors LP owned 1.24% of EPR Properties worth $55,174,000 as of its most recent SEC filing.
Several other large investors have also added to or reduced their stakes in EPR. Norges Bank bought a new position in EPR Properties in the fourth quarter worth $82,823,000. Northern Trust Corp lifted its position in EPR Properties by 84.8% in the 3rd quarter. Northern Trust Corp now owns 1,564,309 shares of the real estate investment trust's stock valued at $90,746,000 after acquiring an additional 717,734 shares in the last quarter. Freestone Grove Partners LP purchased a new stake in shares of EPR Properties during the fourth quarter valued at $30,055,000. Schonfeld Strategic Advisors LLC purchased a new stake in shares of EPR Properties during the 3rd quarter valued at about $27,895,000. Finally, Invesco Ltd. grew its position in EPR Properties by 89.7% in the 3rd quarter. Invesco Ltd. now owns 977,789 shares of the real estate investment trust's stock worth $56,722,000 after purchasing an additional 462,354 shares during the period. Institutional investors own 74.66% of the company's stock.
EPR Properties Stock Down 0.9%
Shares of EPR stock opened at $59.87 on Wednesday. The stock has a market cap of $4.59 billion, a P/E ratio of 19.25, a PEG ratio of 2.32 and a beta of 1.02. EPR Properties has a 52 week low of $48.10 and a 52 week high of $64.97. The company has a quick ratio of 9.51, a current ratio of 9.51 and a debt-to-equity ratio of 1.43. The company's fifty day simple moving average is $60.02 and its two-hundred day simple moving average is $57.30.
EPR Properties (NYSE:EPR - Get Free Report) last issued its earnings results on Wednesday, July 29th. The real estate investment trust reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.05. The firm had revenue of $196.08 million for the quarter, compared to analysts' expectations of $158.13 million. EPR Properties had a return on equity of 11.34% and a net margin of 35.45%.The business's revenue was up 30.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.26 earnings per share. EPR Properties has set its FY 2026 guidance at 5.410-5.570 EPS. Analysts predict that EPR Properties will post 5.34 EPS for the current fiscal year.
EPR Properties Dividend Announcement
The company also recently disclosed a monthly dividend, which will be paid on Monday, August 17th. Shareholders of record on Friday, July 31st will be paid a $0.31 dividend. The ex-dividend date of this dividend is Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 6.2%. EPR Properties's payout ratio is presently 119.61%.
Insider Activity at EPR Properties
In other news, CAO Tonya L. Mater sold 6,692 shares of the company's stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $61.79, for a total transaction of $413,498.68. Following the sale, the chief accounting officer directly owned 49,167 shares of the company's stock, valued at $3,038,028.93. This represents a 11.98% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Gwendolyn Mary Johnson sold 1,000 shares of the firm's stock in a transaction on 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 of the company's stock, valued at approximately $792,780. This trade represents a 7.04% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 9,692 shares of company stock worth $589,719 over the last ninety days. Insiders own 0.03% of the company's stock.
Wall Street Analysts Forecast Growth
A number of analysts have commented on EPR shares. Royal Bank Of Canada upped their target price on shares of EPR Properties from $61.00 to $64.00 and gave the company a "sector perform" rating in a report on Friday, August 7th. Huntington assumed coverage on EPR Properties in a research note on Wednesday, July 15th. They issued an "outperform" rating and a $65.00 price objective on the stock. Morgan Stanley upgraded EPR Properties from an "equal weight" rating to an "overweight" rating in a research note on Friday, June 12th. Truist Financial reduced their target price on shares of EPR Properties from $62.00 to $61.00 and set a "hold" rating for the company in a report on Tuesday, June 9th. Finally, Wells Fargo & Company lifted their price target on shares of EPR Properties from $60.00 to $61.00 and gave the company an "equal weight" rating in a report on Wednesday, July 15th. Eight research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, EPR Properties currently has a consensus rating of "Moderate Buy" and an average target price of $64.39.
Read Our Latest Stock Analysis on EPR Properties
EPR Properties Profile
(
Free Report)
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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