Formidable Asset Management LLC Cuts Holdings in EPR Properties $EPR

Formidable Asset Management LLC decreased its holdings in EPR Properties (NYSE:EPR) by 5.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,368 shares of the real estate investment trust’s stock after selling 510 shares during the period. Formidable Asset Management LLC’s holdings in EPR Properties were worth $488,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Deutsche Bank AG boosted its position in shares of EPR Properties by 3,816.2% during the first quarter. Deutsche Bank AG now owns 1,874,975 shares of the real estate investment trust’s stock valued at $98,642,000 after buying an additional 1,827,098 shares during the last quarter. LSV Asset Management raised its position in EPR Properties by 11.4% in the 1st quarter. LSV Asset Management now owns 1,257,666 shares of the real estate investment trust’s stock worth $66,166,000 after buying an additional 128,568 shares during the last quarter. AQR Capital Management LLC lifted its stake in EPR Properties by 38.3% during the 1st quarter. AQR Capital Management LLC now owns 1,195,997 shares of the real estate investment trust’s stock valued at $61,887,000 after acquiring an additional 331,513 shares during the period. American Century Companies Inc. boosted its holdings in shares of EPR Properties by 0.6% during the 1st quarter. American Century Companies Inc. now owns 1,092,032 shares of the real estate investment trust’s stock valued at $57,452,000 after acquiring an additional 6,085 shares during the last quarter. Finally, Russell Investments Group Ltd. boosted its holdings in shares of EPR Properties by 378.0% during the 1st quarter. Russell Investments Group Ltd. now owns 821,532 shares of the real estate investment trust’s stock valued at $43,221,000 after acquiring an additional 649,675 shares during the last quarter. 74.66% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

EPR has been the subject of several research reports. Royal Bank Of Canada cut shares of 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. KeyCorp lowered shares of EPR Properties from an “overweight” rating to a “sector weight” rating in a research note on Tuesday, August 19th. Stifel Nicolaus increased their price target on EPR Properties from $65.00 to $65.50 and gave the company a “buy” rating in a report on Thursday, July 31st. UBS Group dropped their price target 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. Finally, Wells Fargo & Company raised EPR Properties from an “underweight” rating to an “equal weight” rating and lifted their price objective for the stock from $54.00 to $56.00 in a report on Thursday, September 11th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $59.36.

EPR Properties Stock Up 1.2%

EPR stock opened at $57.50 on Friday. The business’s 50-day moving average price is $55.26 and its 200-day moving average price is $54.02. The stock has a market cap of $4.38 billion, a P/E ratio of 28.33, a PEG ratio of 4.00 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. EPR Properties has a twelve month low of $41.75 and a twelve month high of $61.24.

EPR Properties (NYSE:EPR) last released its earnings results on Wednesday, July 30th. The real estate investment trust reported $1.24 EPS 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 firm had revenue of $150.35 million for the quarter, compared to the consensus estimate of $176.50 million. During the same quarter in the previous year, the business posted $1.22 EPS. EPR Properties’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. On average, equities research analysts forecast that EPR Properties will post 4.65 EPS for the current year.

EPR Properties Announces Dividend

The company also recently announced 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 yield of 2.1%. EPR Properties’s dividend payout ratio is currently 174.38%.

Insider Transactions at EPR Properties

In other EPR Properties news, EVP Gregory E. Zimmerman sold 7,500 shares of the stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $53.35, for a total value of $400,125.00. Following the completion of the sale, the executive vice president owned 88,877 shares in the company, valued at approximately $4,741,587.95. This represents a 7.78% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In the last ninety days, insiders sold 22,500 shares of company stock valued at $1,249,950. Corporate 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.