American Century Companies Inc. lifted its stake in shares of EPR Properties (NYSE:EPR – Free Report) by 12.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,229,799 shares of the real estate investment trust’s stock after purchasing an additional 137,767 shares during the period. American Century Companies Inc. owned approximately 1.62% of EPR Properties worth $71,648,000 at the end of the most recent reporting period.
Other hedge funds have also modified their holdings of the company. Franklin Resources Inc. raised its position in shares of EPR Properties by 46.8% during the second quarter. Franklin Resources Inc. now owns 141,608 shares of the real estate investment trust’s stock worth $8,250,000 after acquiring an additional 45,138 shares during the last quarter. Legal & General Group Plc increased its position in EPR Properties by 0.4% in the second quarter. Legal & General Group Plc now owns 506,548 shares of the real estate investment trust’s stock worth $29,511,000 after purchasing an additional 2,254 shares during the period. Magnetar Financial LLC bought a new stake in EPR Properties during the 2nd quarter worth about $1,717,000. LSV Asset Management lifted its position in EPR Properties by 2.8% during the 2nd quarter. LSV Asset Management now owns 1,293,458 shares of the real estate investment trust’s stock valued at $75,357,000 after purchasing an additional 35,792 shares during the period. Finally, Nomura Asset Management Co. Ltd. boosted its stake in shares of EPR Properties by 3.2% in the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 108,360 shares of the real estate investment trust’s stock valued at $6,313,000 after purchasing an additional 3,370 shares during the last quarter. 74.66% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
Several brokerages recently weighed in on EPR. Raymond James Financial increased their price objective on shares of EPR Properties from $57.00 to $62.00 and gave the company a “strong-buy” rating in a report on Tuesday, August 12th. Royal Bank Of Canada lowered EPR Properties from an “outperform” rating to a “sector perform” rating and set a $58.00 price target on the stock. in a research report on Monday, August 4th. Wall Street Zen cut EPR Properties from a “buy” rating to a “hold” rating in a research note on Saturday, November 1st. Stifel Nicolaus increased their target price on EPR Properties from $65.00 to $65.50 and gave the company a “buy” rating in a research note on Thursday, July 31st. Finally, Weiss Ratings restated a “buy (b)” rating on shares of EPR Properties in a research report on Thursday, November 20th. One research 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 stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $59.36.
Get Our Latest Stock Report on EPR Properties
EPR Properties Stock Performance
Shares of EPR opened at $52.38 on Thursday. The firm has a market cap of $3.99 billion, a P/E ratio of 22.87, a PEG ratio of 3.67 and a beta of 1.23. EPR Properties has a twelve month low of $41.75 and a twelve month high of $61.24. The company has a debt-to-equity ratio of 1.20, a quick ratio of 7.77 and a current ratio of 7.77. The firm’s 50 day moving average price is $53.60 and its two-hundred day moving average price is $55.11.
EPR Properties (NYSE:EPR – Get Free Report) last issued its quarterly earnings data on Wednesday, October 29th. The real estate investment trust reported $1.39 EPS for the quarter, topping analysts’ consensus estimates of $1.32 by $0.07. The business had revenue of $182.31 million for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same period last year, the business posted $1.30 earnings per share. EPR Properties has set its FY 2025 guidance at 5.050-5.130 EPS. On average, analysts forecast that EPR Properties will post 4.65 EPS for the current fiscal year.
EPR Properties Announces Dividend
The company also recently declared a monthly dividend, which will be paid on Monday, December 15th. Stockholders of record on Friday, November 28th will be issued a $0.295 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.8%. The ex-dividend date is Friday, November 28th. EPR Properties’s payout ratio is 154.59%.
Insider Buying and Selling at EPR Properties
In related news, EVP Gregory E. Zimmerman sold 7,500 shares of the stock in a transaction dated 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 in the company, valued at approximately $3,635,487.17. This trade represents a 9.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders sold 22,500 shares of company stock worth $1,205,100 over the last ninety days. 2.31% of the stock is owned by corporate insiders.
EPR Properties Company Profile
(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.
Read More
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.
