EPR Properties $EPR Shares Sold by QRG Capital Management Inc.

QRG Capital Management Inc. reduced its holdings in EPR Properties (NYSE:EPR) by 69.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 28,340 shares of the real estate investment trust’s stock after selling 65,201 shares during the quarter. QRG Capital Management Inc.’s holdings in EPR Properties were worth $1,644,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of EPR. True Wealth Design LLC grew its holdings in EPR Properties by 99.6% during the third quarter. True Wealth Design LLC now owns 461 shares of the real estate investment trust’s stock worth $27,000 after acquiring an additional 230 shares during the period. Loomis Sayles & Co. L P purchased a new stake in shares of EPR Properties during the 2nd quarter worth $32,000. UMB Bank n.a. grew its stake in shares of EPR Properties by 231.7% during the 2nd quarter. UMB Bank n.a. now owns 743 shares of the real estate investment trust’s stock worth $43,000 after purchasing an additional 519 shares during the period. SJS Investment Consulting Inc. increased its holdings in shares of EPR Properties by 4,964.7% in the 3rd quarter. SJS Investment Consulting Inc. now owns 861 shares of the real estate investment trust’s stock valued at $50,000 after purchasing an additional 844 shares in the last quarter. Finally, Cullen Frost Bankers Inc. increased its holdings in shares of EPR Properties by 201.6% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 938 shares of the real estate investment trust’s stock valued at $55,000 after purchasing an additional 627 shares in the last quarter. 74.66% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

EPR has been the topic of several recent analyst reports. Weiss Ratings restated a “buy (b-)” rating on shares of EPR Properties in a research report on Monday, December 29th. Truist Financial upped their price target on EPR Properties from $55.00 to $57.00 and gave the stock a “hold” rating in a report on Tuesday, November 18th. Wall Street Zen downgraded EPR Properties from a “buy” rating to a “hold” rating in a research note on Saturday, November 1st. JPMorgan Chase & Co. decreased their target price on EPR Properties from $65.00 to $58.00 and set an “overweight” rating on the stock in a research report on Tuesday, December 2nd. Finally, Wells Fargo & Company lowered their target price on EPR Properties from $56.00 to $54.00 and set an “equal weight” rating on the stock in a report on Tuesday, November 25th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $58.36.

EPR Properties Trading Up 2.1%

Shares of EPR Properties stock opened at $55.92 on Tuesday. EPR Properties has a 1 year low of $41.75 and a 1 year high of $61.24. The company has a debt-to-equity ratio of 1.19, a current ratio of 7.21 and a quick ratio of 7.21. The business has a 50 day moving average price of $51.45 and a 200 day moving average price of $53.91. The company has a market capitalization of $4.26 billion, a P/E ratio of 24.42, a P/E/G ratio of 3.30 and a beta of 0.94.

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

EPR Properties Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, February 17th. Shareholders of record on Friday, January 30th will be issued a $0.295 dividend. This represents a c) dividend on an annualized basis and a yield of 6.3%. The ex-dividend date is Friday, January 30th. EPR Properties’s dividend payout ratio is 154.59%.

Insider Activity

In other EPR Properties news, EVP Gregory E. Zimmerman sold 7,500 shares of the firm’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $52.25, for a total transaction of $391,875.00. Following the sale, the executive vice president directly owned 64,251 shares of the company’s stock, valued at $3,357,114.75. This trade represents a 10.45% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 2.31% of the stock is owned by corporate insiders.

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.