Pacer Advisors Inc. Invests $1.01 Million in EPR Properties $EPR

Pacer Advisors Inc. acquired a new stake in EPR Properties (NYSE:EPR) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 17,368 shares of the real estate investment trust’s stock, valued at approximately $1,008,000.

Other hedge funds have also recently bought and sold shares of the company. State Street Corp raised its position in EPR Properties by 1.7% in the second quarter. State Street Corp now owns 4,009,669 shares of the real estate investment trust’s stock worth $234,760,000 after acquiring an additional 66,562 shares in the last quarter. Prudential Financial Inc. grew its stake in shares of EPR Properties by 42.0% in the 2nd quarter. Prudential Financial Inc. now owns 1,870,499 shares of the real estate investment trust’s stock worth $108,975,000 after purchasing an additional 553,209 shares during the last quarter. AQR Capital Management LLC grew its stake in shares of EPR Properties by 29.2% in the 2nd quarter. AQR Capital Management LLC now owns 1,544,905 shares of the real estate investment trust’s stock worth $88,693,000 after purchasing an additional 348,908 shares during the last quarter. LSV Asset Management raised its holdings in shares of EPR Properties by 2.8% in the 2nd quarter. LSV Asset Management now owns 1,293,458 shares of the real estate investment trust’s stock worth $75,357,000 after purchasing an additional 35,792 shares in the last quarter. Finally, American Century Companies Inc. lifted its stake in EPR Properties by 12.6% during the second quarter. American Century Companies Inc. now owns 1,229,799 shares of the real estate investment trust’s stock valued at $71,648,000 after purchasing an additional 137,767 shares during the last quarter. 74.66% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

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

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. JPMorgan Chase & Co. reduced their target price on shares of EPR Properties from $65.00 to $58.00 and set an “overweight” rating for the company in a report on Tuesday, December 2nd. Weiss Ratings reiterated a “buy (b-)” rating on shares of EPR Properties in a research report on Monday. Truist Financial raised their price objective on EPR Properties from $55.00 to $57.00 and gave the stock a “hold” rating in a research note on Tuesday, November 18th. Wall Street Zen lowered EPR Properties from a “buy” rating to a “hold” rating in a research report on Saturday, November 1st. Finally, Wells Fargo & Company reduced their target price on EPR Properties from $56.00 to $54.00 and set an “equal weight” rating for the company in a report on Tuesday, November 25th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $58.36.

EPR Properties Trading Up 1.8%

EPR Properties stock opened at $50.79 on Friday. EPR Properties has a 52 week low of $41.75 and a 52 week high of $61.24. The company has a debt-to-equity ratio of 1.19, a quick ratio of 7.21 and a current ratio of 7.21. The firm has a market capitalization of $3.87 billion, a price-to-earnings ratio of 22.18, a P/E/G ratio of 2.95 and a beta of 0.94. The company has a 50 day moving average price of $50.85 and a 200 day moving average price of $54.33.

EPR Properties (NYSE:EPR) last announced its earnings results on Wednesday, October 29th. The real estate investment trust reported $1.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $0.07. The company had revenue of $182.31 million for the quarter, compared to the consensus estimate of $181.78 million. EPR Properties had a net margin of 28.01% and a return on equity of 8.58%. The company’s revenue was up 1.0% on a year-over-year basis. During the same period in the previous year, the business earned $1.30 EPS. EPR Properties has set its FY 2025 guidance at 5.050-5.130 EPS. Research analysts forecast that EPR Properties will post 4.65 EPS for the current year.

EPR Properties Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, January 15th. Investors of record on Wednesday, December 31st will be paid a $0.295 dividend. This represents a c) annualized dividend and a yield of 7.0%. The ex-dividend date of this dividend is Wednesday, December 31st. EPR Properties’s dividend payout ratio is currently 154.59%.

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.