Elevation Point Wealth Partners LLC Trims Stake in EPR Properties $EPR

Elevation Point Wealth Partners LLC cut its position in shares of EPR Properties (NYSE:EPR) by 44.6% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 17,883 shares of the real estate investment trust’s stock after selling 14,418 shares during the period. Elevation Point Wealth Partners LLC’s holdings in EPR Properties were worth $899,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Norges Bank purchased a new stake in EPR Properties in the 4th quarter worth about $82,823,000. Wasatch Advisors LP purchased a new position in shares of EPR Properties during the first quarter valued at approximately $48,633,000. Northern Trust Corp grew its stake in shares of 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 buying an additional 717,734 shares during the last quarter. Freestone Grove Partners LP bought a new position in shares of EPR Properties during the fourth quarter valued at approximately $30,055,000. Finally, Schonfeld Strategic Advisors LLC purchased a new stake in shares of EPR Properties in the third quarter worth approximately $27,895,000. 74.66% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on EPR shares. Morgan Stanley raised EPR Properties from an “equal weight” rating to an “overweight” rating in a research note on Friday, June 12th. Citigroup reiterated a “market outperform” rating on shares of EPR Properties in a research note on Thursday. Raymond James Financial downgraded EPR Properties from a “strong-buy” rating to an “outperform” rating and decreased their target price for the stock from $62.00 to $60.00 in a research report on Tuesday, March 17th. Citizens Jmp restated a “market outperform” rating and issued a $70.00 price target on shares of EPR Properties in a report on Thursday, July 2nd. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of EPR Properties in a research note on Friday, May 22nd. Seven investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $63.19.

Insider Buying and Selling

In other news, SVP Gwendolyn Mary Johnson sold 2,000 shares of EPR Properties stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $58.11, for a total value of $116,220.00. Following the transaction, the senior vice president directly owned 14,213 shares in the company, valued at approximately $825,917.43. This trade represents a 12.34% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Tonya L. Mater sold 2,600 shares of the business’s stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $56.50, for a total value of $146,900.00. Following the completion of the transaction, the chief accounting officer directly owned 55,859 shares of the company’s stock, valued at approximately $3,156,033.50. The trade was a 4.45% 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. Insiders sold 6,600 shares of company stock valued at $375,120 in the last three months. 0.03% of the stock is currently owned by insiders.

EPR Properties Stock Up 0.2%

NYSE:EPR opened at $59.22 on Tuesday. The company has a debt-to-equity ratio of 1.27, a current ratio of 7.85 and a quick ratio of 7.85. EPR Properties has a 1-year low of $48.10 and a 1-year high of $62.08. The company has a 50-day moving average of $57.92 and a 200 day moving average of $55.53. The firm has a market cap of $4.53 billion, a PE ratio of 18.33, a price-to-earnings-growth ratio of 2.39 and a beta of 1.02.

EPR Properties (NYSE:EPR) last posted its earnings results on Wednesday, May 6th. The real estate investment trust reported $0.74 EPS for the quarter, missing analysts’ consensus estimates of $0.76 by ($0.02). EPR Properties had a net margin of 37.50% and a return on equity of 11.68%. The business had revenue of $181.25 million for the quarter, compared to analysts’ expectations of $150.01 million. During the same period last year, the business posted $1.21 EPS. The company’s revenue for the quarter was up 3.6% on a year-over-year basis. EPR Properties has set its FY 2026 guidance at 5.370-5.530 EPS. As a group, research analysts anticipate that EPR Properties will post 5.31 EPS for the current fiscal year.

EPR Properties Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be paid a $0.31 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 6.3%. EPR Properties’s payout ratio is 115.17%.

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.