Sequoia Financial Advisors LLC increased its position in shares of EPR Properties (NYSE:EPR – Free Report) by 93.3% in the first quarter, Holdings Channel.com reports. The institutional investor owned 18,130 shares of the real estate investment trust’s stock after buying an additional 8,750 shares during the period. Sequoia Financial Advisors LLC’s holdings in EPR Properties were worth $906,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Norges Bank bought a new stake in EPR Properties during the fourth quarter valued at $82,823,000. Wasatch Advisors LP bought a new position in shares of EPR Properties in the 1st quarter worth about $48,633,000. Northern Trust Corp lifted its stake in shares of EPR Properties by 84.8% in the 3rd quarter. Northern Trust Corp now owns 1,564,309 shares of the real estate investment trust’s stock valued at $90,746,000 after purchasing an additional 717,734 shares during the period. Freestone Grove Partners LP acquired a new position in shares of EPR Properties in the 4th quarter valued at about $30,055,000. Finally, Schonfeld Strategic Advisors LLC bought a new stake in shares of EPR Properties during the 3rd quarter valued at about $27,895,000. Institutional investors and hedge funds own 74.66% of the company’s stock.
Analysts Set New Price Targets
Several research firms recently commented on EPR. Royal Bank Of Canada raised their target price on EPR Properties from $59.00 to $61.00 and gave the stock a “sector perform” rating in a research note on Tuesday, May 26th. Citigroup reissued a “market outperform” rating on shares of EPR Properties in a research note on Thursday, July 2nd. UBS Group set a $70.00 price target on EPR Properties in a report on Thursday, July 2nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of EPR Properties in a research report on Friday, May 22nd. Finally, Huntington began coverage on shares of EPR Properties in a research note on Wednesday. They issued an “outperform” rating and a $65.00 price objective for the company. Eight equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $63.50.
EPR Properties Price Performance
EPR stock opened at $62.17 on Friday. The company has a debt-to-equity ratio of 1.27, a current ratio of 7.85 and a quick ratio of 7.85. The company’s 50-day moving average is $58.60 and its 200-day moving average is $56.15. The stock has a market capitalization of $4.76 billion, a PE ratio of 19.25, a price-to-earnings-growth ratio of 2.52 and a beta of 1.02. EPR Properties has a 1 year low of $48.10 and a 1 year high of $63.30.
EPR Properties (NYSE:EPR – Get Free Report) last issued its earnings results on Wednesday, May 6th. The real estate investment trust reported $0.74 EPS for the quarter, missing analysts’ consensus estimates of $0.76 by ($0.02). EPR Properties had a net margin of 37.50% and a return on equity of 11.68%. The firm had revenue of $181.25 million during the quarter, compared to the consensus estimate of $150.01 million. During the same period in the previous year, the firm earned $1.21 earnings per share. The business’s quarterly revenue was up 3.6% on a year-over-year basis. EPR Properties has set its FY 2026 guidance at 5.370-5.530 EPS. Equities research analysts expect that EPR Properties will post 5.31 EPS for the current fiscal year.
EPR Properties Announces Dividend
The company also recently disclosed a monthly dividend, which will be paid on Monday, August 17th. Stockholders of record on Friday, July 31st will be issued a dividend of $0.31 per share. The ex-dividend date is Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 6.0%. EPR Properties’s payout ratio is currently 115.17%.
Insider Activity at EPR Properties
In other news, SVP Gwendolyn Mary Johnson sold 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, July 7th. The stock was sold at an average price of $60.00, for a total transaction of $60,000.00. Following the transaction, the senior vice president directly owned 13,213 shares of the company’s stock, valued at $792,780. This represents a 7.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.03% of the stock is currently owned by corporate insiders.
EPR Properties Profile
EPR Properties is a real estate investment trust that specializes in experiential properties across the United States, Canada and select international markets. Established in 1997 and headquartered in Kansas City, Missouri, the company targets properties in the entertainment, recreation and education sectors. Its portfolio includes movie theaters, ski resorts, family entertainment centers, charter schools and other venues that benefit from consumer-driven experiences.
The trust employs long-term, triple-net lease agreements, where tenants are responsible for real estate taxes, insurance and maintenance.
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