Oak Thistle LLC Buys 11,172 Shares of EPR Properties $EPR

Oak Thistle LLC boosted its stake in EPR Properties (NYSE:EPR) by 99.5% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 22,401 shares of the real estate investment trust’s stock after purchasing an additional 11,172 shares during the quarter. Oak Thistle LLC’s holdings in EPR Properties were worth $1,299,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Corient Private Wealth LLC increased its holdings in shares of EPR Properties by 72.8% in the second quarter. Corient Private Wealth LLC now owns 14,650 shares of the real estate investment trust’s stock worth $854,000 after purchasing an additional 6,171 shares during the last quarter. Osaic Holdings Inc. grew its holdings in EPR Properties by 16.1% during the 2nd quarter. Osaic Holdings Inc. now owns 26,109 shares of the real estate investment trust’s stock valued at $1,521,000 after buying an additional 3,612 shares in the last quarter. Centaurus Financial Inc. bought a new stake in EPR Properties in the 2nd quarter worth approximately $103,000. Orion Porfolio Solutions LLC purchased a new stake in shares of EPR Properties during the 2nd quarter worth approximately $411,000. Finally, Thrivent Financial for Lutherans raised its holdings in shares of EPR Properties by 79.4% during the 2nd quarter. Thrivent Financial for Lutherans now owns 164,437 shares of the real estate investment trust’s stock worth $9,580,000 after acquiring an additional 72,760 shares in the last quarter. Institutional investors own 74.66% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on EPR. 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 report on Tuesday, November 18th. Wall Street Zen lowered shares of EPR Properties from a “buy” rating to a “hold” rating in a research report on Saturday, November 1st. Wells Fargo & Company reduced their target price on shares of EPR Properties from $56.00 to $54.00 and set an “equal weight” rating on the stock in a report on Tuesday, November 25th. JPMorgan Chase & Co. decreased their target price on shares of 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, Weiss Ratings reiterated a “buy (b)” rating on shares of EPR Properties in a research report on Monday. One investment analyst has rated the stock with a Strong Buy rating, three have given 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 a consensus price target of $58.36.

Insider Buying and Selling

In other EPR Properties news, EVP Gregory E. Zimmerman sold 7,500 shares of the stock in a transaction on Monday, December 1st. The stock was sold at an average price of $52.25, for a total value of $391,875.00. Following the sale, the executive vice president owned 64,251 shares in the company, valued at $3,357,114.75. This trade represents a 10.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Over the last 90 days, insiders sold 22,500 shares of company stock valued at $1,196,850. Corporate insiders own 2.31% of the company’s stock.

EPR Properties Trading Down 0.0%

Shares of EPR opened at $49.77 on Thursday. The company’s fifty day simple moving average is $51.92 and its 200-day simple moving average is $54.86. The company has a market cap of $3.79 billion, a P/E ratio of 21.73, a P/E/G ratio of 3.03 and a beta of 0.90. The company has a current ratio of 7.21, a quick ratio of 7.21 and a debt-to-equity ratio of 1.19. EPR Properties has a twelve month low of $41.75 and a twelve month high of $61.24.

EPR Properties (NYSE:EPR) last issued its quarterly earnings results on Wednesday, October 29th. The real estate investment trust reported $1.39 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 firm’s revenue was up 1.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.30 EPS. EPR Properties has set its FY 2025 guidance at 5.050-5.130 EPS. As a group, analysts expect 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 issued a dividend of $0.295 per share. The ex-dividend date is Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 7.1%. EPR Properties’s payout ratio is presently 154.59%.

EPR Properties 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.