Alberta Investment Management Corp Purchases New Stake in EPR Properties $EPR

Alberta Investment Management Corp purchased a new position in shares of EPR Properties (NYSE:EPR) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 152,000 shares of the real estate investment trust’s stock, valued at approximately $7,585,000.

A number of other hedge funds have also bought and sold shares of the company. Norges Bank acquired a new stake in EPR Properties during the fourth quarter valued at approximately $82,823,000. Northern Trust Corp increased its stake in EPR Properties by 84.8% during the third quarter. Northern Trust Corp now owns 1,564,309 shares of the real estate investment trust’s stock valued at $90,746,000 after purchasing an additional 717,734 shares during the last quarter. Schonfeld Strategic Advisors LLC acquired a new stake in shares of EPR Properties during the third quarter worth $27,895,000. Invesco Ltd. raised its holdings in shares of EPR Properties by 89.7% during the third quarter. Invesco Ltd. now owns 977,789 shares of the real estate investment trust’s stock worth $56,722,000 after purchasing an additional 462,354 shares during the period. Finally, AQR Capital Management LLC lifted its position 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 buying an additional 348,908 shares during the last quarter. 74.66% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at EPR Properties

In other news, CAO Tonya L. Mater sold 2,600 shares of the company’s stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $56.50, for a total value of $146,900.00. Following the completion of the sale, the chief accounting officer directly owned 55,859 shares of the company’s stock, valued at approximately $3,156,033.50. This represents a 4.45% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.03% of the company’s stock.

Analyst Ratings Changes

EPR has been the subject of a number of recent research reports. Citigroup raised shares of EPR Properties from a “hold” rating to an “outperform” rating in a research report on Friday. Wells Fargo & Company raised their target price on shares of EPR Properties from $54.00 to $60.00 and gave the stock an “equal weight” rating in a report on Monday, June 1st. Stifel Nicolaus set a $65.50 target price on EPR Properties in a research note on Thursday, March 5th. Morgan Stanley raised EPR Properties from an “equal weight” rating to an “overweight” rating in a report on Friday. Finally, Raymond James Financial cut EPR Properties from a “strong-buy” rating to an “outperform” rating and dropped their price target for the stock from $62.00 to $60.00 in a research report on Tuesday, March 17th. Seven equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $61.69.

EPR Properties Price Performance

NYSE EPR opened at $59.11 on Wednesday. The company has a 50-day moving average price of $56.90 and a two-hundred day moving average price of $54.82. EPR Properties has a 52 week low of $48.10 and a 52 week high of $62.08. The stock has a market cap of $4.52 billion, a price-to-earnings ratio of 18.30, a price-to-earnings-growth ratio of 2.37 and a beta of 1.03. The company has a current ratio of 7.85, a quick ratio of 7.85 and a debt-to-equity ratio of 1.27.

EPR Properties (NYSE:EPR) last issued its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $0.74 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.76 by ($0.02). EPR Properties had a return on equity of 11.68% and a net margin of 37.50%.The business had revenue of $181.25 million for the quarter, compared to analyst estimates of $150.02 million. During the same quarter in the prior year, the firm posted $1.21 earnings per share. The business’s quarterly revenue was up 3.6% on a year-over-year basis. EPR Properties has set its FY 2026 guidance at 5.370-5.530 EPS. Analysts forecast that EPR Properties will post 5.28 EPS for the current year.

EPR Properties Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be paid a dividend of $0.31 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a c) annualized dividend and a yield of 6.3%. EPR Properties’s dividend payout ratio (DPR) is presently 115.17%.

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.