Nisa Investment Advisors LLC Decreases Stock Holdings in EPR Properties $EPR

Nisa Investment Advisors LLC cut its stake in shares of EPR Properties (NYSE:EPR) by 75.3% during the third quarter, HoldingsChannel reports. The firm owned 41,640 shares of the real estate investment trust’s stock after selling 126,790 shares during the quarter. Nisa Investment Advisors LLC’s holdings in EPR Properties were worth $2,429,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in EPR. Maridea Wealth Management LLC grew its holdings in shares of EPR Properties by 1.7% in the second quarter. Maridea Wealth Management LLC now owns 11,711 shares of the real estate investment trust’s stock worth $682,000 after purchasing an additional 196 shares during the last quarter. State of Michigan Retirement System raised its holdings in EPR Properties by 1.1% in the second quarter. State of Michigan Retirement System now owns 18,289 shares of the real estate investment trust’s stock worth $1,066,000 after purchasing an additional 200 shares in the last quarter. True Wealth Design LLC raised its stake in shares of EPR Properties by 99.6% during the 3rd quarter. True Wealth Design LLC now owns 461 shares of the real estate investment trust’s stock worth $27,000 after acquiring an additional 230 shares in the last quarter. Samalin Investment Counsel LLC lifted its holdings in shares of EPR Properties by 2.1% during the 2nd quarter. Samalin Investment Counsel LLC now owns 12,620 shares of the real estate investment trust’s stock valued at $735,000 after purchasing an additional 263 shares during the last quarter. Finally, Merit Financial Group LLC boosted its holdings in EPR Properties by 6.3% in the third quarter. Merit Financial Group LLC now owns 6,029 shares of the real estate investment trust’s stock worth $350,000 after acquiring an additional 358 shares in the last quarter. 74.66% of the stock is owned by hedge funds and other institutional investors.

EPR Properties Trading Up 1.4%

EPR opened at $53.85 on Wednesday. The business has a fifty day moving average price of $51.04 and a 200 day moving average price of $54.01. The company has a debt-to-equity ratio of 1.19, a current ratio of 7.21 and a quick ratio of 7.21. EPR Properties has a 12 month low of $41.75 and a 12 month high of $61.24. The stock has a market capitalization of $4.10 billion, a price-to-earnings ratio of 23.52, a PEG ratio of 3.14 and a beta of 0.94.

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 the consensus estimate of $1.32 by $0.07. EPR Properties had a return on equity of 8.58% 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 period in the prior year, the firm posted $1.30 EPS. The business’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. Sell-side analysts expect that EPR Properties will post 4.65 earnings per share for the current fiscal year.

EPR Properties Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st will be issued a $0.295 dividend. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a c) dividend on an annualized basis and a dividend yield of 6.6%. EPR Properties’s payout ratio is presently 154.59%.

Insider Buying and Selling

In other news, EVP Gregory E. Zimmerman sold 7,500 shares of the business’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $52.25, for a total transaction of $391,875.00. Following the transaction, the executive vice president directly owned 64,251 shares in the company, valued at $3,357,114.75. The trade was a 10.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 2.31% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have weighed in on EPR shares. Wells Fargo & Company dropped 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. Weiss Ratings reiterated a “buy (b-)” rating on shares of EPR Properties in a research report on Monday, December 29th. Wall Street Zen lowered EPR Properties from a “buy” rating to a “hold” rating in a research report on Saturday, November 1st. JPMorgan Chase & Co. cut their price objective on EPR Properties from $65.00 to $58.00 and set an “overweight” rating for the company in a research note on Tuesday, December 2nd. Finally, Truist Financial upped their target price on shares of EPR Properties from $55.00 to $57.00 and gave the stock a “hold” rating in a report on Tuesday, November 18th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $58.36.

About EPR Properties

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.