Advisors Capital Management LLC Reduces Position in EPR Properties $EPR

Advisors Capital Management LLC lowered its stake in EPR Properties (NYSE:EPR) by 5.5% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 468,308 shares of the real estate investment trust’s stock after selling 27,348 shares during the quarter. Advisors Capital Management LLC owned about 0.62% of EPR Properties worth $27,284,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also made changes to their positions in the company. Allworth Financial LP raised its position in shares of EPR Properties by 53.0% during the first quarter. Allworth Financial LP now owns 1,135 shares of the real estate investment trust’s stock valued at $55,000 after buying an additional 393 shares during the last quarter. Cerity Partners LLC raised its position in EPR Properties by 6.6% during the 1st quarter. Cerity Partners LLC now owns 22,089 shares of the real estate investment trust’s stock valued at $1,162,000 after purchasing an additional 1,360 shares in the last quarter. CWM LLC increased its position in EPR Properties by 71.7% during the 1st quarter. CWM LLC now owns 9,252 shares of the real estate investment trust’s stock valued at $487,000 after purchasing an additional 3,864 shares during the period. Edgestream Partners L.P. purchased a new stake in EPR Properties during the first quarter worth $2,467,000. Finally, James Investment Research Inc. bought a new position in EPR Properties in the first quarter worth about $310,000. 74.66% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently commented on EPR. Wall Street Zen lowered shares of EPR Properties from a “buy” rating to a “hold” rating in a research report on Saturday, November 1st. Stifel Nicolaus lifted their price target on shares of EPR Properties from $65.00 to $65.50 and gave the company a “buy” rating in a research note on Thursday, July 31st. Royal Bank Of Canada cut shares of EPR Properties from an “outperform” rating to a “sector perform” rating and set a $58.00 target price on the stock. in a research note on Monday, August 4th. Weiss Ratings reissued a “buy (b-)” rating on shares of EPR Properties in a research note on Friday, October 31st. Finally, Wells Fargo & Company upgraded EPR Properties from an “underweight” rating to an “equal weight” rating and raised their price target 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 given a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, EPR Properties presently has an average rating of “Moderate Buy” and a consensus price target of $59.36.

Insider Transactions at EPR Properties

In related news, EVP Gregory E. Zimmerman sold 7,500 shares of EPR Properties stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $49.21, for a total transaction of $369,075.00. Following the completion of the transaction, the executive vice president directly owned 73,877 shares of the company’s stock, valued at approximately $3,635,487.17. The trade was a 9.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders sold 22,500 shares of company stock worth $1,205,100 over the last ninety days. Insiders own 2.31% of the company’s stock.

EPR Properties Trading Down 0.2%

Shares of EPR Properties stock opened at $50.83 on Friday. The company’s fifty day moving average is $54.40 and its two-hundred day moving average is $55.00. EPR Properties has a 1 year low of $41.75 and a 1 year high of $61.24. The company has a market capitalization of $3.87 billion, a P/E ratio of 22.20, a PEG ratio of 3.67 and a beta of 1.23. The company has a debt-to-equity ratio of 1.20, a quick ratio of 7.77 and a current ratio of 7.77.

EPR Properties (NYSE:EPR) last released its quarterly earnings results on Wednesday, October 29th. The real estate investment trust reported $1.39 EPS for the quarter, topping the consensus estimate of $1.32 by $0.07. EPR Properties had a return on equity of 8.59% and a net margin of 28.01%.The business had revenue of $182.31 million during the quarter, compared to analysts’ expectations of $181.78 million. During the same quarter in the prior year, the business earned $1.30 earnings per share. The company’s quarterly revenue was up 1.0% compared to the same quarter last year. EPR Properties has set its FY 2025 guidance at 5.050-5.130 EPS. Analysts forecast that EPR Properties will post 4.65 earnings per share for the current year.

EPR Properties Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, December 15th. Investors of record on Friday, November 28th will be paid a $0.295 dividend. The ex-dividend date is Friday, November 28th. This represents a c) annualized dividend and a dividend yield of 7.0%. EPR Properties’s dividend payout ratio (DPR) is 154.59%.

About EPR Properties

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.