Franklin Resources Inc. Raises Holdings in EPR Properties $EPR

Franklin Resources Inc. boosted its holdings in shares of EPR Properties (NYSE:EPR) by 46.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 141,608 shares of the real estate investment trust’s stock after acquiring an additional 45,138 shares during the quarter. Franklin Resources Inc. owned about 0.19% of EPR Properties worth $8,250,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in EPR. Cetera Investment Advisers increased its position in shares of EPR Properties by 12.2% during the 1st quarter. Cetera Investment Advisers now owns 20,598 shares of the real estate investment trust’s stock worth $1,084,000 after purchasing an additional 2,238 shares during the last quarter. Assetmark Inc. lifted its position in EPR Properties by 7.1% in the first quarter. Assetmark Inc. now owns 12,642 shares of the real estate investment trust’s stock valued at $665,000 after buying an additional 836 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in EPR Properties by 5.9% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 44,772 shares of the real estate investment trust’s stock worth $2,355,000 after buying an additional 2,487 shares during the period. Mackenzie Financial Corp acquired a new stake in shares of EPR Properties during the first quarter valued at about $246,000. Finally, Alberta Investment Management Corp increased its position in shares of EPR Properties by 110.2% during the first quarter. Alberta Investment Management Corp now owns 26,700 shares of the real estate investment trust’s stock valued at $1,405,000 after acquiring an additional 14,000 shares during the last quarter. Hedge funds and other institutional investors own 74.66% of the company’s stock.

Insider Buying and Selling at EPR Properties

In related news, EVP Gregory E. Zimmerman sold 7,500 shares of the firm’s stock in a transaction that occurred 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 owned 73,877 shares of the company’s stock, valued at $3,635,487.17. This trade represents a 9.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have sold 22,500 shares of company stock worth $1,205,100 in the last 90 days. 2.31% of the stock is currently owned by corporate insiders.

EPR Properties Stock Performance

Shares of EPR stock opened at $52.28 on Friday. The firm has a 50 day moving average of $53.42 and a two-hundred day moving average of $55.10. The stock has a market capitalization of $3.98 billion, a PE ratio of 22.83, a P/E/G ratio of 3.67 and a beta of 1.23. 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 52 week low of $41.75 and a 52 week high of $61.24.

EPR Properties (NYSE:EPR) last announced its quarterly earnings data on Wednesday, October 29th. The real estate investment trust reported $1.39 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to analysts’ expectations of $181.78 million. During the same period last year, the firm earned $1.30 earnings per share. The company’s revenue for the quarter 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. On average, research analysts predict that EPR Properties will post 4.65 EPS for the current fiscal year.

EPR Properties Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, December 15th. Stockholders of record on Friday, November 28th will be given a dividend of $0.295 per share. The ex-dividend date of this dividend is Friday, November 28th. This represents a c) dividend on an annualized basis and a dividend yield of 6.8%. EPR Properties’s payout ratio is currently 154.59%.

Analysts Set New Price Targets

EPR has been the topic of several recent analyst reports. UBS Group decreased their price objective on shares of EPR Properties from $62.00 to $54.00 and set a “neutral” rating on the stock in a report on Friday, August 15th. Raymond James Financial boosted their target price on EPR Properties from $57.00 to $62.00 and gave the company a “strong-buy” rating in a research report on Tuesday, August 12th. Wells Fargo & Company decreased their price target on EPR Properties from $56.00 to $54.00 and set an “equal weight” rating on the stock in a research note on Tuesday, November 25th. Royal Bank Of Canada lowered EPR Properties from an “outperform” rating to a “sector perform” rating and set a $58.00 price target for the company. in a research report on Monday, August 4th. Finally, KeyCorp downgraded EPR Properties from an “overweight” rating to a “sector weight” rating in a report on Tuesday, August 19th. One equities 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 stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $59.36.

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.