Renaissance Technologies LLC Sells 126,900 Shares of EPR Properties $EPR

Renaissance Technologies LLC trimmed its holdings in shares of EPR Properties (NYSE:EPR) by 18.4% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 564,400 shares of the real estate investment trust’s stock after selling 126,900 shares during the period. Renaissance Technologies LLC’s holdings in EPR Properties were worth $28,197,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Norges Bank acquired a new stake in shares of EPR Properties in the fourth quarter worth about $82,823,000. Wasatch Advisors LP bought a new stake in shares of EPR Properties during the 1st quarter worth about $48,633,000. Northern Trust Corp increased its holdings in shares of EPR Properties by 84.8% during 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 during the last quarter. Freestone Grove Partners LP acquired a new position in shares of EPR Properties during the 4th quarter valued at about $30,055,000. Finally, Schonfeld Strategic Advisors LLC acquired a new position in shares of EPR Properties during the 3rd quarter valued at about $27,895,000. 74.66% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms recently weighed in on EPR. Citigroup restated a “market outperform” rating on shares of EPR Properties in a report on Thursday, July 2nd. Citizens Jmp reiterated a “market outperform” rating and set a $70.00 price target on shares of EPR Properties in a report on Thursday, July 2nd. 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 research report on Wednesday, July 15th. Truist Financial reduced their price objective on shares of EPR Properties from $62.00 to $61.00 and set a “hold” rating for the company in a research note on Tuesday, June 9th. Finally, Morgan Stanley raised shares of EPR Properties from an “equal weight” rating to an “overweight” rating in a report on Friday, June 12th. Eight equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, EPR Properties presently has a consensus rating of “Moderate Buy” and an average price target of $63.50.

Insider Buying and Selling at EPR Properties

In other news, SVP Gwendolyn Mary Johnson sold 1,000 shares of the stock in a transaction that occurred on Tuesday, July 7th. The stock was sold at an average price of $60.00, for a total value of $60,000.00. Following the completion of the sale, the senior vice president directly owned 13,213 shares of the company’s stock, valued at approximately $792,780. This represents a 7.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.03% of the company’s stock.

EPR Properties Trading Up 1.5%

EPR Properties stock opened at $64.40 on Wednesday. The company has a debt-to-equity ratio of 1.27, a quick ratio of 7.85 and a current ratio of 7.85. The business’s 50-day simple moving average is $59.26 and its 200-day simple moving average is $56.78. The firm has a market capitalization of $4.93 billion, a PE ratio of 19.94, a PEG ratio of 2.56 and a beta of 1.02. EPR Properties has a 52 week low of $48.10 and a 52 week high of $64.69.

EPR Properties (NYSE:EPR) last posted its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $0.74 earnings per share for the quarter, missing the consensus estimate of $0.76 by ($0.02). EPR Properties had a return on equity of 11.68% and a net margin of 37.50%.The business had revenue of $181.25 million for the quarter, compared to analyst estimates of $150.01 million. During the same period in the prior year, the firm posted $1.21 EPS. EPR Properties’s revenue for the quarter was up 3.6% on a year-over-year basis. EPR Properties has set its FY 2026 guidance at 5.370-5.530 EPS. Equities research analysts forecast that EPR Properties will post 5.31 earnings per share for the current year.

EPR Properties Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, August 17th. Stockholders of record on Friday, July 31st will be issued a dividend of $0.31 per share. The ex-dividend date is Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 5.8%. EPR Properties’s payout ratio is 115.17%.

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.