VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in EPR Properties (NYSE:EPR – Free Report) in the second quarter, HoldingsChannel reports. The fund acquired 81,633 shares of the real estate investment trust’s stock, valued at approximately $4,736,000.
Several other institutional investors also recently modified their holdings of the company. Goldman Sachs Group Inc. lifted its stake in EPR Properties by 1.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 96,061 shares of the real estate investment trust’s stock valued at $5,054,000 after purchasing an additional 976 shares during the last quarter. United Services Automobile Association acquired a new position in EPR Properties during the first quarter worth approximately $251,000. Empowered Funds LLC increased its position in EPR Properties by 10.1% during the first quarter. Empowered Funds LLC now owns 8,746 shares of the real estate investment trust’s stock worth $460,000 after buying an additional 804 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in EPR Properties by 13.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 524,883 shares of the real estate investment trust’s stock valued at $27,614,000 after buying an additional 61,844 shares during the period. Finally, Focus Partners Wealth lifted its position in shares of EPR Properties by 13.6% in the first quarter. Focus Partners Wealth now owns 8,861 shares of the real estate investment trust’s stock valued at $466,000 after buying an additional 1,062 shares during the last quarter. 74.66% of the stock is currently owned by institutional investors and hedge funds.
Insiders Place Their Bets
In other EPR Properties news, SVP Elizabeth Grace sold 4,200 shares of the business’s stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $60.57, for a total value of $254,394.00. Following the completion of the sale, the senior vice president owned 22,427 shares of the company’s stock, valued at $1,358,403.39. The trade was a 15.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Tonya Mater sold 6,692 shares of the stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $61.79, for a total transaction of $413,498.68. Following the transaction, the chief accounting officer owned 49,167 shares in the company, valued at approximately $3,038,028.93. The trade was a 11.98% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 13,892 shares of company stock worth $844,113 in the last quarter. 0.03% of the stock is currently owned by corporate insiders.
EPR Properties Stock Performance
EPR Properties (NYSE:EPR – Get Free Report) last posted its earnings results on Wednesday, July 29th. The real estate investment trust reported $0.79 earnings per share for the quarter, topping analysts’ consensus estimates of $0.74 by $0.05. The company had revenue of $196.08 million during the quarter, compared to the consensus estimate of $158.13 million. EPR Properties had a return on equity of 11.34% and a net margin of 35.45%.The company’s revenue was up 30.4% on a year-over-year basis. During the same quarter last year, the firm earned $1.26 earnings per share. EPR Properties has set its FY 2026 guidance at 5.410-5.570 EPS. On average, equities analysts forecast that EPR Properties will post 5.36 EPS for the current year.
EPR Properties Dividend Announcement
The firm also recently declared a monthly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be given a dividend of $0.31 per share. This represents a c) dividend on an annualized basis and a yield of 6.2%. The ex-dividend date of this dividend is Monday, August 31st. EPR Properties’s dividend payout ratio (DPR) is currently 119.61%.
Analyst Upgrades and Downgrades
A number of research firms recently weighed in on EPR. Citigroup reissued a “market outperform” rating on shares of EPR Properties in a report on Thursday, July 2nd. Wells Fargo & Company increased their price objective on shares of EPR Properties from $60.00 to $61.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 15th. KeyCorp upgraded shares of EPR Properties from a “sector weight” rating to an “overweight” rating and set a $70.00 target price for the company in a research note on Wednesday, August 19th. Stifel Nicolaus upped their price target on shares of EPR Properties from $66.00 to $70.50 and gave the company a “buy” rating in a research note on Thursday, July 30th. Finally, Huntington started coverage on shares of EPR Properties in a research note on Wednesday, July 15th. They issued an “outperform” rating and a $65.00 price target on the stock. Nine investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $65.45.
Get Our Latest Report on EPR Properties
EPR Properties Company 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.
Featured Stories
- Five stocks we like better than EPR Properties
- Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected
- Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock
- Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement
- Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For
Want to see what other hedge funds are holding EPR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for EPR Properties (NYSE:EPR – Free Report).
Receive News & Ratings for EPR Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EPR Properties and related companies with MarketBeat.com's FREE daily email newsletter.
