Intech Investment Management LLC raised its holdings in shares of EPR Properties (NYSE:EPR – Free Report) by 244.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 227,354 shares of the real estate investment trust’s stock after purchasing an additional 161,371 shares during the quarter. Intech Investment Management LLC’s holdings in EPR Properties were worth $11,345,000 at the end of the most recent quarter.
Other hedge funds have also recently bought and sold shares of the company. AlphaQuest LLC grew its stake in EPR Properties by 456.8% during the 3rd quarter. AlphaQuest LLC now owns 39,547 shares of the real estate investment trust’s stock valued at $2,294,000 after purchasing an additional 32,445 shares in the last quarter. Jefferies Financial Group Inc. acquired a new stake in EPR Properties during the 3rd quarter valued at approximately $3,863,000. Allianz Asset Management GmbH grew its stake in EPR Properties by 8.4% during the 3rd quarter. Allianz Asset Management GmbH now owns 435,771 shares of the real estate investment trust’s stock valued at $25,279,000 after purchasing an additional 33,696 shares in the last quarter. JPMorgan Chase & Co. grew its stake in EPR Properties by 27.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 901,813 shares of the real estate investment trust’s stock valued at $52,314,000 after purchasing an additional 195,850 shares in the last quarter. Finally, Elevation Point Wealth Partners LLC grew its stake in EPR Properties by 111,536.0% during the 3rd quarter. Elevation Point Wealth Partners LLC now owns 27,909 shares of the real estate investment trust’s stock valued at $1,627,000 after purchasing an additional 27,884 shares in the last quarter. Institutional investors and hedge funds own 74.66% of the company’s stock.
Analysts Set New Price Targets
A number of equities research analysts have weighed in on EPR shares. Stifel Nicolaus set a $65.50 price objective on EPR Properties in a research note on Thursday, March 5th. UBS Group raised their price objective on EPR Properties from $54.00 to $58.00 and gave the company a “neutral” rating in a research note on Monday, March 9th. Royal Bank Of Canada raised their price objective on EPR Properties from $59.00 to $61.00 and gave the company a “sector perform” rating in a research note on Tuesday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of EPR Properties in a report on Friday, May 22nd. Finally, Truist Financial increased their target price on EPR Properties from $60.00 to $62.00 and gave the stock a “hold” rating in a report on Friday, March 6th. Four investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $59.79.
Insiders Place Their Bets
In related news, CAO Tonya L. Mater sold 2,600 shares of the firm’s stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $56.50, for a total value of $146,900.00. Following the sale, the chief accounting officer owned 55,859 shares of the company’s stock, valued at approximately $3,156,033.50. This trade represents a 4.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Brian Andrew Moriarty sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $56.44, for a total value of $282,200.00. Following the completion of the sale, the senior vice president directly owned 13,704 shares in the company, valued at approximately $773,453.76. This trade represents a 26.73% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 19,233 shares of company stock valued at $1,096,826 in the last quarter. Insiders own 0.03% of the company’s stock.
EPR Properties Trading Down 1.3%
NYSE:EPR opened at $57.08 on Friday. The company has a quick ratio of 7.85, a current ratio of 7.85 and a debt-to-equity ratio of 1.27. The business’s 50 day moving average is $55.07 and its two-hundred day moving average is $54.24. EPR Properties has a 52 week low of $48.10 and a 52 week high of $62.08. The company has a market cap of $4.37 billion, a PE ratio of 17.67, a P/E/G ratio of 2.39 and a beta of 1.04.
EPR Properties (NYSE:EPR – Get Free Report) last released its earnings results on Wednesday, May 6th. The real estate investment trust reported $0.74 EPS for the quarter, missing analysts’ consensus estimates of $0.76 by ($0.02). EPR Properties had a return on equity of 11.68% and a net margin of 37.50%.The firm had revenue of $181.25 million for the quarter, compared to the consensus estimate of $150.02 million. During the same period in the prior year, the business earned $1.21 EPS. The company’s quarterly revenue was up 3.6% on a year-over-year basis. EPR Properties has set its FY 2026 guidance at 5.370-5.530 EPS. On average, analysts predict that EPR Properties will post 5.2 EPS for the current year.
EPR Properties Dividend Announcement
The company also recently announced a monthly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be issued a dividend of $0.31 per share. This represents a c) dividend on an annualized basis and a yield of 6.5%. The ex-dividend date of this dividend is Friday, May 29th. EPR Properties’s dividend payout ratio (DPR) is currently 115.17%.
EPR Properties Company 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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