Goldman Sachs Group Inc. Raises Stake in EPR Properties $EPR

Goldman Sachs Group Inc. boosted its holdings in EPR Properties (NYSE:EPR) by 1.0% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 96,061 shares of the real estate investment trust’s stock after acquiring an additional 976 shares during the quarter. Goldman Sachs Group Inc. owned 0.13% of EPR Properties worth $5,054,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in EPR. Caitong International Asset Management Co. Ltd increased its stake in EPR Properties by 235.6% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 537 shares of the real estate investment trust’s stock worth $28,000 after acquiring an additional 377 shares during the last quarter. Atlantic Edge Private Wealth Management LLC increased its stake in EPR Properties by 88.9% in the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 850 shares of the real estate investment trust’s stock worth $45,000 after acquiring an additional 400 shares during the last quarter. Allworth Financial LP increased its stake in EPR Properties by 53.0% in the 1st quarter. Allworth Financial LP now owns 1,135 shares of the real estate investment trust’s stock worth $55,000 after acquiring an additional 393 shares during the last quarter. GF Fund Management CO. LTD. bought a new position in EPR Properties in the 4th quarter worth about $61,000. Finally, Elequin Capital LP bought a new position in EPR Properties in the 1st quarter worth about $61,000. 74.66% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on EPR. UBS Group decreased their target price on EPR Properties from $62.00 to $54.00 and set a “neutral” rating on the stock in a research note on Friday, August 15th. Raymond James Financial upped their price objective on EPR Properties from $57.00 to $62.00 and gave the stock a “strong-buy” rating in a report on Tuesday, August 12th. JPMorgan Chase & Co. upped their price objective on EPR Properties from $56.00 to $65.00 and gave the stock an “overweight” rating in a report on Friday, September 12th. Stifel Nicolaus upped their price objective on EPR Properties from $65.00 to $65.50 and gave the stock a “buy” rating in a report on Thursday, July 31st. Finally, Royal Bank Of Canada cut EPR Properties from an “outperform” rating to a “sector perform” rating and set a $58.00 price objective for the company. in a report on Monday, August 4th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $59.36.

EPR Properties Trading Down 2.6%

EPR opened at $56.77 on Wednesday. The stock has a market cap of $4.32 billion, a PE ratio of 27.97, a PEG ratio of 4.11 and a beta of 1.32. The company has a quick ratio of 7.77, a current ratio of 7.77 and a debt-to-equity ratio of 1.20. The business has a 50 day moving average of $55.73 and a 200-day moving average of $53.82. EPR Properties has a 52 week low of $41.75 and a 52 week high of $61.24.

EPR Properties (NYSE:EPR) last posted its quarterly earnings data 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). The company had revenue of $150.35 million for the quarter, compared to the consensus estimate of $176.50 million. EPR Properties had a net margin of 25.28% and a return on equity of 7.66%. The firm’s quarterly revenue was up 3.7% on a year-over-year basis. During the same period last year, the business earned $1.22 EPS. EPR Properties has set its FY 2025 guidance at 5.000-5.160 EPS. Equities research analysts predict that EPR Properties will post 4.65 earnings per share for the current fiscal year.

EPR Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be issued a $0.295 dividend. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $1.18 annualized dividend and a dividend yield of 2.1%. EPR Properties’s payout ratio is presently 174.38%.

Insider Activity at EPR Properties

In related news, EVP Gregory E. Zimmerman sold 7,500 shares of EPR Properties stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $53.35, for a total transaction of $400,125.00. Following the transaction, the executive vice president directly owned 88,877 shares in the company, valued at approximately $4,741,587.95. The trade was a 7.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold a total of 22,500 shares of company stock valued at $1,249,950 over the last three months. Insiders own 2.31% of the company’s stock.

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.