OVERSEA CHINESE BANKING Corp Ltd cut its holdings in EPR Properties (NYSE:EPR – Free Report) by 67.2% during the 4th quarter, Holdings Channel.com reports. The fund owned 29,435 shares of the real estate investment trust’s stock after selling 60,198 shares during the quarter. OVERSEA CHINESE BANKING Corp Ltd’s holdings in EPR Properties were worth $1,469,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd bought a new stake in EPR Properties in the third quarter worth about $26,000. True Wealth Design LLC raised its holdings in 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 buying an additional 230 shares during the period. Atlantic Union Bankshares Corp acquired a new stake in EPR Properties during the 3rd quarter worth about $27,000. Strategic Advocates LLC acquired a new stake in EPR Properties during the 3rd quarter worth about $27,000. Finally, KERR FINANCIAL PLANNING Corp acquired a new stake in EPR Properties during the 3rd quarter worth about $36,000. 74.66% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
EPR has been the topic of several recent analyst reports. Raymond James Financial downgraded EPR Properties from a “strong-buy” rating to an “outperform” rating and cut their price objective for the stock from $62.00 to $60.00 in a report on Tuesday, March 17th. UBS Group boosted their price objective on EPR Properties from $54.00 to $58.00 and gave the stock a “neutral” rating in a report on Monday, March 9th. Royal Bank Of Canada boosted their price objective on EPR Properties from $58.00 to $59.00 and gave the stock a “sector perform” rating in a report on Friday, March 6th. Stifel Nicolaus set a $65.50 price objective on EPR Properties in a report on Thursday, March 5th. Finally, Truist Financial boosted their price objective on EPR Properties from $60.00 to $62.00 and gave the stock a “hold” rating in a report on Friday, March 6th. Four analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $59.50.
Insiders Place Their Bets
In other EPR Properties news, Director Lisa G. Trimberger sold 6,633 shares of EPR Properties stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $57.83, for a total transaction of $383,586.39. Following the transaction, the director owned 6,586 shares of the company’s stock, valued at $380,868.38. The trade was a 50.18% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Gregory E. Zimmerman sold 7,500 shares of EPR Properties stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $53.89, for a total value of $404,175.00. Following the transaction, the executive vice president directly owned 66,294 shares in the company, valued at approximately $3,572,583.66. This trade represents a 10.16% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 26,733 shares of company stock worth $1,501,001. Insiders own 0.03% of the company’s stock.
EPR Properties Trading Down 1.4%
NYSE:EPR opened at $55.74 on Thursday. The company has a debt-to-equity ratio of 1.26, a current ratio of 8.81 and a quick ratio of 8.81. EPR Properties has a fifty-two week low of $48.10 and a fifty-two week high of $62.08. The stock’s 50-day moving average is $55.26 and its two-hundred day moving average is $53.45. The stock has a market cap of $4.26 billion, a PE ratio of 17.05, a price-to-earnings-growth ratio of 2.51 and a beta of 1.01.
EPR Properties (NYSE:EPR – Get Free Report) last released its earnings results on Wednesday, February 25th. The real estate investment trust reported $1.30 earnings per share for the quarter, beating the consensus estimate of $1.29 by $0.01. EPR Properties had a return on equity of 11.81% and a net margin of 38.27%.The company had revenue of $182.95 million for the quarter, compared to analysts’ expectations of $181.76 million. During the same quarter in the previous year, the business posted $1.22 EPS. The business’s revenue for the quarter was up 3.2% on a year-over-year basis. EPR Properties has set its FY 2026 guidance at 5.280-5.480 EPS. As a group, equities research analysts forecast that EPR Properties will post 5.2 earnings per share for the current fiscal year.
EPR Properties Dividend Announcement
The firm also recently announced a monthly dividend, which will be paid on Friday, May 15th. Shareholders of record on Thursday, April 30th will be paid a dividend of $0.31 per share. This represents a c) annualized dividend and a yield of 6.7%. The ex-dividend date of this dividend is Thursday, April 30th. EPR Properties’s payout ratio is 113.76%.
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.
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