IFP Advisors Inc lifted its position in shares of EPR Properties (NYSE:EPR – Free Report) by 92.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,466 shares of the real estate investment trust’s stock after purchasing an additional 1,186 shares during the period. IFP Advisors Inc’s holdings in EPR Properties were worth $144,000 at the end of the most recent reporting period.
Several other large investors have also recently bought and sold shares of the business. Deutsche Bank AG lifted its holdings in EPR Properties by 3,816.2% during the 1st quarter. Deutsche Bank AG now owns 1,874,975 shares of the real estate investment trust’s stock worth $98,642,000 after buying an additional 1,827,098 shares during the last quarter. Russell Investments Group Ltd. lifted its position 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 worth $43,221,000 after buying an additional 649,675 shares during the last quarter. Wellington Management Group LLP acquired a new position in shares of EPR Properties in the 1st quarter valued at $21,166,000. Aberdeen Group plc grew its position in shares of EPR Properties by 1,361.4% in the 1st quarter. Aberdeen Group plc now owns 366,765 shares of the real estate investment trust’s stock valued at $19,136,000 after buying an additional 341,668 shares during the last quarter. Finally, AQR Capital Management LLC raised 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 worth $61,887,000 after acquiring an additional 331,513 shares in the last quarter. Hedge funds and other institutional investors own 74.66% of the company’s stock.
Insider Activity at EPR Properties
In other news, EVP Gregory E. Zimmerman sold 7,500 shares of the company’s stock in a transaction 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 transaction, the executive vice president directly owned 81,377 shares of the company’s stock, valued at $4,729,631.24. This represents a 8.44% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In the last 90 days, insiders have sold 22,500 shares of company stock worth $1,248,075. 2.31% of the stock is currently owned by insiders.
EPR Properties Trading Up 0.0%
EPR Properties (NYSE:EPR – Get Free Report) last announced 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 business had revenue of $150.35 million during the quarter, compared to analysts’ expectations of $176.50 million. EPR Properties had a net margin of 25.28% and a return on equity of 7.66%. EPR Properties’s revenue for the quarter was up 3.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.22 EPS. EPR Properties has set its FY 2025 guidance at 5.000-5.160 EPS. Equities research analysts expect that EPR Properties will post 4.65 EPS for the current year.
EPR Properties Dividend Announcement
The firm also recently announced a monthly dividend, which will be paid on Monday, November 17th. Shareholders of record on Friday, October 31st will be issued a $0.295 dividend. The ex-dividend date of this dividend is Friday, October 31st. This represents a c) dividend on an annualized basis and a yield of 6.5%. EPR Properties’s dividend payout ratio (DPR) is 174.38%.
Wall Street Analyst Weigh In
EPR has been the topic of several research reports. Royal Bank Of Canada lowered EPR Properties from an “outperform” rating to a “sector perform” rating and set a $58.00 price objective on the stock. in a report on Monday, August 4th. Raymond James Financial increased their price objective on EPR Properties from $57.00 to $62.00 and gave the company a “strong-buy” rating in a report on Tuesday, August 12th. Stifel Nicolaus lifted their target price on shares of EPR Properties from $65.00 to $65.50 and gave the company a “buy” rating in a report on Thursday, July 31st. Weiss Ratings reiterated a “buy (b)” rating on shares of EPR Properties in a research report on Wednesday, October 8th. Finally, Wells Fargo & Company raised shares of EPR Properties from an “underweight” rating to an “equal weight” rating and raised their price objective for the stock from $54.00 to $56.00 in a research report on Thursday, September 11th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $59.36.
Get Our Latest Analysis on EPR Properties
EPR Properties 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.
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