Teacher Retirement System of Texas Has $1.52 Million Stake in EPR Properties $EPR

Teacher Retirement System of Texas grew its position in EPR Properties (NYSE:EPR) by 16.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,158 shares of the real estate investment trust’s stock after acquiring an additional 3,712 shares during the period. Teacher Retirement System of Texas’ holdings in EPR Properties were worth $1,524,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Convergence Investment Partners LLC bought a new position in shares of EPR Properties in the 2nd quarter valued at about $1,251,000. Nisa Investment Advisors LLC grew its position in shares of EPR Properties by 0.6% in the 2nd quarter. Nisa Investment Advisors LLC now owns 168,430 shares of the real estate investment trust’s stock valued at $9,856,000 after acquiring an additional 1,049 shares during the period. Brighton Jones LLC bought a new position in shares of EPR Properties in the 2nd quarter valued at about $520,000. Focus Partners Advisor Solutions LLC grew its position in shares of EPR Properties by 192.5% in the 2nd quarter. Focus Partners Advisor Solutions LLC now owns 13,266 shares of the real estate investment trust’s stock valued at $773,000 after acquiring an additional 8,730 shares during the period. Finally, AlphaQuest LLC grew its position in shares of EPR Properties by 43.5% in the 2nd quarter. AlphaQuest LLC now owns 7,102 shares of the real estate investment trust’s stock valued at $414,000 after acquiring an additional 2,152 shares during the period. Institutional investors own 74.66% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently commented on EPR. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of EPR Properties in a report on Friday, October 31st. UBS Group reduced their target price on shares of EPR Properties from $62.00 to $54.00 and set a “neutral” rating for the company in a report on Friday, August 15th. JPMorgan Chase & Co. lifted their target price on shares of EPR Properties from $56.00 to $65.00 and gave the stock an “overweight” rating in a report on Friday, September 12th. Royal Bank Of Canada downgraded shares of EPR Properties from an “outperform” rating to a “sector perform” rating and set a $58.00 target price for the company. in a report on Monday, August 4th. Finally, Raymond James Financial lifted their target price on shares of EPR Properties from $57.00 to $62.00 and gave the stock a “strong-buy” rating in a report on Tuesday, August 12th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $59.36.

Insider Transactions at EPR Properties

In other news, EVP Gregory E. Zimmerman sold 7,500 shares of the company’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $49.21, for a total value of $369,075.00. Following the sale, the executive vice president directly owned 73,877 shares of the company’s stock, valued at approximately $3,635,487.17. This represents a 9.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In the last ninety days, insiders have sold 22,500 shares of company stock valued at $1,205,100. Corporate insiders own 2.31% of the company’s stock.

EPR Properties Price Performance

Shares of NYSE:EPR opened at $49.45 on Wednesday. The firm has a 50 day moving average of $54.88 and a 200-day moving average of $55.01. The stock has a market capitalization of $3.76 billion, a PE ratio of 21.59, a PEG ratio of 3.67 and a beta of 1.28. The company has a current ratio of 7.77, a quick ratio of 7.77 and a debt-to-equity ratio of 1.20. EPR Properties has a 12 month low of $41.75 and a 12 month high of $61.24.

EPR Properties (NYSE:EPR) last released its quarterly earnings data on Wednesday, October 29th. The real estate investment trust reported $1.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.32 by $0.07. The business had revenue of $154.84 million during the quarter, compared to analysts’ expectations of $181.78 million. EPR Properties had a net margin of 28.01% and a return on equity of 8.59%. The firm’s quarterly revenue was up 1.0% compared to the same quarter last year. During the same period in the prior year, the company earned $1.30 EPS. EPR Properties has set its FY 2025 guidance at 5.050-5.130 EPS. On average, equities research analysts predict that EPR Properties will post 4.65 EPS for the current fiscal year.

EPR Properties Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, November 17th. Shareholders of record on Friday, October 31st will be given a $0.295 dividend. This represents a c) annualized dividend and a yield of 7.2%. The ex-dividend date is Friday, October 31st. EPR Properties’s dividend payout ratio is 154.59%.

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.