Wasatch Advisors LP Sells 22,330 Shares of EPR Properties $EPR

Wasatch Advisors LP decreased its stake in EPR Properties (NYSE:EPR) by 2.3% in the second quarter, Holdings Channel.com reports. The firm owned 951,109 shares of the real estate investment trust’s stock after selling 22,330 shares during the period. Wasatch Advisors LP’s holdings in EPR Properties were worth $55,174,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Virtus Investment Advisers LLC raised its holdings in EPR Properties by 6.2% during the 4th quarter. Virtus Investment Advisers LLC now owns 3,253 shares of the real estate investment trust’s stock valued at $162,000 after buying an additional 191 shares during the period. SJS Investment Consulting Inc. raised its stake in shares of EPR Properties by 25.5% in the first quarter. SJS Investment Consulting Inc. now owns 979 shares of the real estate investment trust’s stock valued at $49,000 after acquiring an additional 199 shares during the period. Fourth Dimension Wealth LLC lifted its holdings in shares of EPR Properties by 66.7% in the 4th quarter. Fourth Dimension Wealth LLC now owns 500 shares of the real estate investment trust’s stock worth $25,000 after acquiring an additional 200 shares during the last quarter. Texas Yale Capital Corp. boosted its stake in shares of EPR Properties by 1.4% during the 4th quarter. Texas Yale Capital Corp. now owns 14,050 shares of the real estate investment trust’s stock worth $701,000 after purchasing an additional 200 shares during the period. Finally, Global Retirement Partners LLC grew its holdings in EPR Properties by 6.1% during the 4th quarter. Global Retirement Partners LLC now owns 3,856 shares of the real estate investment trust’s stock valued at $192,000 after purchasing an additional 221 shares during the last quarter. Institutional investors own 74.66% of the company’s stock.

Insider Buying and Selling at EPR Properties

In related news, CAO Tonya L. Mater sold 6,692 shares of the company’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $61.79, for a total value of $413,498.68. Following the completion of the sale, the chief accounting officer directly owned 49,167 shares of the company’s stock, valued at $3,038,028.93. This represents a 11.98% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Gwendolyn Mary Johnson sold 2,000 shares of the stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $58.11, for a total transaction of $116,220.00. Following the transaction, the senior vice president owned 14,213 shares in the company, valued at approximately $825,917.43. The trade was a 12.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 9,692 shares of company stock worth $589,719. Insiders own 0.03% of the company’s stock.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of EPR Properties in a research note on Friday, May 22nd. Truist Financial dropped their price objective on EPR Properties from $62.00 to $61.00 and set a “hold” rating for the company in a report on Tuesday, June 9th. Royal Bank Of Canada increased their target price on EPR Properties from $61.00 to $64.00 and gave the stock a “sector perform” rating in a research note on Friday, August 7th. Huntington assumed coverage on shares of EPR Properties in a research note on Wednesday, July 15th. They set an “outperform” rating and a $65.00 target price for the company. Finally, Stifel Nicolaus upped their price target on shares of EPR Properties from $66.00 to $70.50 and gave the stock a “buy” rating in a report on Thursday, July 30th. Eight investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $64.39.

EPR Properties Stock Performance

EPR Properties stock opened at $59.87 on Wednesday. The company has a debt-to-equity ratio of 1.43, a quick ratio of 9.51 and a current ratio of 9.51. The company has a market capitalization of $4.59 billion, a PE ratio of 19.25, a P/E/G ratio of 2.32 and a beta of 1.02. The company has a 50 day moving average price of $60.02 and a 200-day moving average price of $57.30. EPR Properties has a fifty-two week low of $48.10 and a fifty-two week high of $64.97.

EPR Properties (NYSE:EPR) last announced its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.05. The company had revenue of $196.08 million for the quarter, compared to analysts’ expectations of $158.13 million. EPR Properties had a return on equity of 11.34% and a net margin of 35.45%.EPR Properties’s revenue was up 30.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.26 earnings per share. EPR Properties has set its FY 2026 guidance at 5.410-5.570 EPS. As a group, equities analysts forecast that EPR Properties will post 5.34 earnings per share for the current year.

EPR Properties Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, August 17th. Stockholders of record on Friday, July 31st will be given a dividend of $0.31 per share. The ex-dividend date of this dividend is Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 6.2%. EPR Properties’s dividend payout ratio is presently 119.61%.

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.