Wellington Management Group LLP Acquires New Stake in EPR Properties $EPR

Key Points

• Wellington Management Group LLP has acquired a new stake in EPR Properties, purchasing 402,314 shares valued at approximately $21.17 million, which represents 0.53% of the company.
• Despite increased investments from various institutional investors, EPR Properties has seen recent analyst downgrades, with ratings shifting from "buy" to "hold" and price targets adjusted downward.
• EPR Properties reported earnings of $1.24 per share for the most recent quarter, falling slightly short of analysts' expectations, while the company has announced a dividend of $0.295 per share to be paid in September.

Wellington Management Group LLP acquired a new stake in EPR Properties (NYSE:EPR - Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 402,314 shares of the real estate investment trust's stock, valued at approximately $21,166,000. Wellington Management Group LLP owned 0.53% of EPR Properties as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Spire Wealth Management increased its holdings in EPR Properties by 11.5% in the first quarter. Spire Wealth Management now owns 2,339 shares of the real estate investment trust's stock valued at $123,000 after purchasing an additional 242 shares during the period. Teamwork Financial Advisors LLC increased its holdings in EPR Properties by 2.8% in the first quarter. Teamwork Financial Advisors LLC now owns 10,984 shares of the real estate investment trust's stock valued at $578,000 after purchasing an additional 295 shares during the period. Caitong International Asset Management Co. Ltd increased its holdings in EPR Properties by 235.6% in the first quarter. Caitong International Asset Management Co. Ltd now owns 537 shares of the real estate investment trust's stock valued at $28,000 after purchasing an additional 377 shares during the period. Allworth Financial LP increased its holdings in EPR Properties by 53.0% in the first quarter. Allworth Financial LP now owns 1,135 shares of the real estate investment trust's stock valued at $55,000 after purchasing an additional 393 shares during the period. Finally, Atlantic Edge Private Wealth Management LLC increased its holdings in EPR Properties by 88.9% in the first quarter. Atlantic Edge Private Wealth Management LLC now owns 850 shares of the real estate investment trust's stock valued at $45,000 after purchasing an additional 400 shares during the period. 74.66% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the company. Wall Street Zen downgraded EPR Properties from a "buy" rating to a "hold" rating in a report on Friday. Truist Financial boosted their price target on shares of EPR Properties from $53.00 to $55.00 and gave the stock a "hold" rating in a research report on Monday, May 19th. KeyCorp downgraded shares of EPR Properties from an "overweight" rating to a "sector weight" rating in a research report 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 report on Friday, August 15th. Finally, Royal Bank Of Canada downgraded EPR Properties from an "outperform" rating to a "sector perform" rating and set a $58.00 price target for the company. in a report on Monday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, EPR Properties currently has a consensus rating of "Hold" and an average price target of $56.93.

EPR Properties Stock Performance

Shares of EPR Properties stock opened at $53.89 on Tuesday. The company has a current ratio of 7.77, a quick ratio of 7.77 and a debt-to-equity ratio of 1.20. The business has a 50-day moving average price of $56.77 and a two-hundred day moving average price of $53.24. 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 $4.10 billion, a P/E ratio of 26.55, a PEG ratio of 3.83 and a beta of 1.33.

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 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 business had revenue of $150.35 million for the quarter, compared to analyst estimates of $176.50 million. During the same quarter in the previous year, the business posted $1.22 earnings per share. The business's revenue was up 3.7% on a year-over-year basis. EPR Properties has set its FY 2025 guidance at 5.000-5.160 EPS. As a group, analysts anticipate that EPR Properties will post 4.65 EPS for the current year.

EPR Properties Dividend Announcement

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 given a dividend of $0.295 per share. This represents a dividend yield of 670.0%. The ex-dividend date of this dividend is Friday, August 29th. EPR Properties's dividend payout ratio is 174.38%.

Insider Activity

In other news, EVP Gregory E. Zimmerman sold 7,500 shares of the stock in a transaction dated Friday, August 1st. The shares were sold at an average price of $54.94, for a total transaction of $412,050.00. Following the transaction, the executive vice president owned 96,377 shares of the company's stock, valued at $5,294,952.38. This represents a 7.22% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 2.31% of the stock is owned by company insiders.

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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