Daiwa Securities Group Inc. Purchases 66,842 Shares of EPR Properties $EPR

Daiwa Securities Group Inc. grew its position in EPR Properties (NYSE:EPR) by 57.5% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 183,125 shares of the real estate investment trust’s stock after buying an additional 66,842 shares during the quarter. Daiwa Securities Group Inc. owned 0.24% of EPR Properties worth $10,669,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. Natixis acquired a new position in EPR Properties during the second quarter valued at approximately $1,691,000. Baker Avenue Asset Management LP increased its stake in shares of EPR Properties by 44.0% in the 2nd quarter. Baker Avenue Asset Management LP now owns 5,726 shares of the real estate investment trust’s stock valued at $334,000 after purchasing an additional 1,749 shares during the last quarter. Cerity Partners LLC raised its holdings in shares of EPR Properties by 57.9% during the 2nd quarter. Cerity Partners LLC now owns 34,880 shares of the real estate investment trust’s stock worth $2,032,000 after buying an additional 12,791 shares in the last quarter. Gamco Investors INC. ET AL acquired a new position in shares of EPR Properties during the 2nd quarter worth $2,290,000. Finally, Marshall Wace LLP bought a new stake in shares of EPR Properties during the 2nd quarter worth $3,948,000. Institutional investors and hedge funds own 74.66% of the company’s stock.

EPR Properties Stock Performance

Shares of EPR Properties stock opened at $50.59 on Thursday. The stock has a market cap of $3.85 billion, a price-to-earnings ratio of 22.09, a P/E/G ratio of 3.09 and a beta of 0.90. EPR Properties has a twelve month low of $41.75 and a twelve month high of $61.24. The company’s fifty day moving average is $52.53 and its 200 day moving average is $55.02. The company has a quick ratio of 7.21, a current ratio of 7.21 and a debt-to-equity ratio of 1.19.

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, topping the consensus estimate 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 the consensus estimate of $181.78 million. During the same period in the previous year, the business earned $1.30 EPS. The business’s quarterly revenue was up 1.0% compared to the same quarter last year. EPR Properties has set its FY 2025 guidance at 5.050-5.130 EPS. Sell-side analysts forecast that EPR Properties will post 4.65 EPS for the current year.

EPR Properties Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, December 15th. Investors of record on Friday, November 28th will be paid a $0.295 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 7.0%. The ex-dividend date of this dividend is Friday, November 28th. EPR Properties’s payout ratio is currently 154.59%.

Insider Buying and Selling

In other EPR Properties news, EVP Gregory E. Zimmerman sold 7,500 shares of the stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $52.25, for a total transaction of $391,875.00. Following the completion of the sale, the executive vice president owned 64,251 shares of the company’s stock, valued at approximately $3,357,114.75. This represents a 10.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders sold 22,500 shares of company stock valued at $1,196,850 in the last quarter. Corporate insiders own 2.31% of the company’s stock.

Analyst Upgrades and Downgrades

EPR has been the topic of a number of recent analyst reports. Wells Fargo & Company decreased their target price on EPR Properties from $56.00 to $54.00 and set an “equal weight” rating on the stock in a research report on Tuesday, November 25th. Wall Street Zen lowered shares of EPR Properties from a “buy” rating to a “hold” rating in a report on Saturday, November 1st. JPMorgan Chase & Co. dropped their price objective on shares of EPR Properties from $65.00 to $58.00 and set an “overweight” rating for the company in a research note on Tuesday, December 2nd. Truist Financial raised their target price on shares of EPR Properties from $55.00 to $57.00 and gave the company a “hold” rating in a research report on Tuesday, November 18th. Finally, UBS Group lowered their price target on shares of EPR Properties from $62.00 to $54.00 and set a “neutral” rating for the company in a report on Friday, August 15th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $58.36.

EPR Properties Company Profile

EPR Properties (NYSE:EPR) is the leading diversified experiential net lease real estate investment trust (REIT), specializing in select enduring experiential properties in the real estate industry. We focus on real estate venues that create value by facilitating out of home leisure and recreation experiences where consumers choose to spend their discretionary time and money.