Hennion & Walsh Asset Management Inc. grew its stake in shares of EPR Properties (NYSE:EPR – Free Report) by 184.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 22,409 shares of the real estate investment trust’s stock after buying an additional 14,543 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in EPR Properties were worth $1,118,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors also recently made changes to their positions in the stock. AlphaQuest LLC raised its holdings in EPR Properties by 456.8% during the third quarter. AlphaQuest LLC now owns 39,547 shares of the real estate investment trust’s stock worth $2,294,000 after purchasing an additional 32,445 shares in the last quarter. Allianz Asset Management GmbH boosted its stake in EPR Properties by 8.4% during the 3rd quarter. Allianz Asset Management GmbH now owns 435,771 shares of the real estate investment trust’s stock valued at $25,279,000 after purchasing an additional 33,696 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of EPR Properties by 27.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 901,813 shares of the real estate investment trust’s stock valued at $52,314,000 after purchasing an additional 195,850 shares during the period. Allspring Global Investments Holdings LLC acquired a new position in shares of EPR Properties during the 3rd quarter valued at $11,666,000. Finally, Jefferies Financial Group Inc. bought a new stake in shares of EPR Properties in the 3rd quarter worth $3,863,000. 74.66% of the stock is owned by institutional investors and hedge funds.
Insider Transactions at EPR Properties
In other news, SVP Brian Andrew Moriarty sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $56.44, for a total transaction of $282,200.00. Following the sale, the senior vice president owned 13,704 shares in the company, valued at $773,453.76. The trade was a 26.73% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Lisa G. Trimberger sold 6,633 shares of the company’s stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $57.83, for a total transaction of $383,586.39. Following the completion of the sale, the director owned 6,586 shares of the company’s stock, valued at approximately $380,868.38. This trade represents a 50.18% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 22,133 shares of company stock valued at $1,242,101 over the last ninety days. Corporate insiders own 2.31% of the company’s stock.
EPR Properties Stock Up 1.7%
EPR Properties (NYSE:EPR – Get Free Report) last released its quarterly earnings results on Wednesday, February 25th. The real estate investment trust reported $1.30 earnings per share for the quarter, beating analysts’ consensus estimates of $1.29 by $0.01. The business had revenue of $182.95 million during the quarter, compared to analyst estimates of $181.76 million. EPR Properties had a return on equity of 11.81% and a net margin of 38.27%.EPR Properties’s revenue for the quarter was up 3.2% on a year-over-year basis. During the same quarter last year, the company posted $1.22 EPS. EPR Properties has set its FY 2026 guidance at 5.280-5.480 EPS. Equities analysts anticipate that EPR Properties will post 4.65 earnings per share for the current year.
EPR Properties Increases Dividend
The company also recently announced a monthly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be given a $0.31 dividend. This represents a c) annualized dividend and a dividend yield of 7.3%. This is an increase from EPR Properties’s previous monthly dividend of $0.30. The ex-dividend date of this dividend is Tuesday, March 31st. EPR Properties’s payout ratio is 113.76%.
Analysts Set New Price Targets
Several research analysts recently weighed in on the company. Raymond James Financial cut EPR Properties from a “strong-buy” rating to an “outperform” rating and decreased their target price for the company from $62.00 to $60.00 in a research note on Tuesday, March 17th. Truist Financial boosted their price target on shares of EPR Properties from $60.00 to $62.00 and gave the stock a “hold” rating in a research report on Friday, March 6th. Royal Bank Of Canada upped their price target on shares of EPR Properties from $58.00 to $59.00 and gave the company a “sector perform” rating in a report on Friday, March 6th. Stifel Nicolaus set a $65.50 price objective on shares of EPR Properties in a research note on Thursday, March 5th. Finally, UBS Group boosted their target price on shares of EPR Properties from $54.00 to $58.00 and gave the stock a “neutral” rating in a report on Monday, March 9th. Four research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $59.50.
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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