EPR Properties $EPR Stock Position Trimmed by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. cut its position in EPR Properties (NYSE:EPRFree Report) by 23.0% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,576 shares of the real estate investment trust’s stock after selling 470 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in EPR Properties were worth $92,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of EPR. Caitong International Asset Management Co. Ltd lifted its position 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 valued at $28,000 after purchasing an additional 377 shares during the last quarter. UMB Bank n.a. raised its position in shares of EPR Properties by 231.7% during the 2nd quarter. UMB Bank n.a. now owns 743 shares of the real estate investment trust’s stock worth $43,000 after buying an additional 519 shares in the last quarter. Atlantic Edge Private Wealth Management LLC raised its position in shares of EPR Properties by 88.9% during 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 buying an additional 400 shares in the last quarter. Allworth Financial LP raised its position in shares of EPR Properties by 53.0% during the 1st quarter. Allworth Financial LP now owns 1,135 shares of the real estate investment trust’s stock worth $55,000 after buying an additional 393 shares in the last quarter. Finally, Elequin Capital LP bought a new stake in shares of EPR Properties during the 1st quarter worth about $61,000. 74.66% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Wells Fargo & Company upgraded shares of EPR Properties from an “underweight” rating to an “equal weight” rating and boosted their price target for the stock from $54.00 to $56.00 in a research report on Thursday, September 11th. JPMorgan Chase & Co. boosted their price target on shares of EPR Properties from $56.00 to $65.00 and gave the stock an “overweight” rating in a research report on Friday, September 12th. Raymond James Financial boosted their price target on shares of EPR Properties from $57.00 to $62.00 and gave the stock a “strong-buy” rating in a research report on Tuesday, August 12th. 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 cut shares of EPR Properties from an “outperform” rating to a “sector perform” rating and set a $58.00 price objective on the stock. in a research note on Monday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $59.36.

View Our Latest Analysis on EPR

EPR Properties Stock Down 0.8%

EPR stock opened at $53.91 on Monday. EPR Properties has a 52-week low of $41.75 and a 52-week high of $61.24. The company’s 50 day simple moving average is $55.08 and its 200-day simple moving average is $54.39. The company has a debt-to-equity ratio of 1.20, a current ratio of 7.77 and a quick ratio of 7.77. The firm has a market capitalization of $4.10 billion, a P/E ratio of 26.56, a P/E/G ratio of 3.79 and a beta of 1.28.

EPR Properties (NYSE:EPRGet Free Report) last released its quarterly earnings results on Wednesday, July 30th. The real estate investment trust reported $1.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.25 by ($0.01). EPR Properties had a net margin of 25.28% and a return on equity of 7.66%. The firm had revenue of $150.35 million for the quarter, compared to analyst estimates of $176.50 million. During the same quarter in the prior year, the firm earned $1.22 EPS. The firm’s revenue was up 3.7% compared to the same quarter last year. EPR Properties has set its FY 2025 guidance at 5.000-5.160 EPS. As a group, equities research analysts anticipate that EPR Properties will post 4.65 EPS for the current year.

EPR Properties Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be issued a dividend of $0.295 per share. The ex-dividend date is Tuesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 6.6%. EPR Properties’s payout ratio is currently 174.38%.

Insider Activity

In other news, EVP Gregory E. Zimmerman sold 7,500 shares of the business’s stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $58.12, for a total transaction of $435,900.00. Following the sale, the executive vice president owned 81,377 shares in the company, valued at $4,729,631.24. The trade was a 8.44% 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 the SEC website. Insiders have sold a total of 22,500 shares of company stock worth $1,248,075 in the last quarter. 2.31% of the stock is owned by insiders.

About EPR Properties

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding EPR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for EPR Properties (NYSE:EPRFree Report).

Institutional Ownership by Quarter for EPR Properties (NYSE:EPR)

Receive News & Ratings for EPR Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EPR Properties and related companies with MarketBeat.com's FREE daily email newsletter.