Wasatch Advisors LP Makes New Investment in EPR Properties $EPR

Wasatch Advisors LP acquired a new stake in shares of EPR Properties (NYSE:EPR) in the first quarter, Holdings Channel reports. The fund acquired 973,439 shares of the real estate investment trust’s stock, valued at approximately $48,633,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in EPR. Caitong International Asset Management Co. Ltd purchased a new position in shares of EPR Properties in the third quarter worth approximately $26,000. Strategic Advocates LLC purchased a new stake in shares of EPR Properties in the 3rd quarter valued at approximately $27,000. Fourth Dimension Wealth LLC lifted its position in shares of EPR Properties by 66.7% in the 4th quarter. Fourth Dimension Wealth LLC now owns 500 shares of the real estate investment trust’s stock valued at $25,000 after acquiring an additional 200 shares in the last quarter. Transamerica Financial Advisors LLC boosted its stake in EPR Properties by 356.7% in the 4th quarter. Transamerica Financial Advisors LLC now owns 580 shares of the real estate investment trust’s stock worth $29,000 after purchasing an additional 453 shares during the period. Finally, KERR FINANCIAL PLANNING Corp acquired a new position in EPR Properties in the 3rd quarter worth approximately $36,000. 74.66% of the stock is currently owned by institutional investors and hedge funds.

EPR Properties Price Performance

NYSE EPR opened at $59.57 on Friday. The company has a debt-to-equity ratio of 1.27, a current ratio of 7.85 and a quick ratio of 7.85. The firm has a market capitalization of $4.56 billion, a price-to-earnings ratio of 18.44, a price-to-earnings-growth ratio of 2.38 and a beta of 1.03. The company has a 50 day simple moving average of $57.64 and a 200-day simple moving average of $55.14. EPR Properties has a 52-week low of $48.10 and a 52-week high of $62.08.

EPR Properties (NYSE:EPR) last announced its quarterly earnings data 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 company had revenue of $181.25 million for the quarter, compared to analysts’ expectations of $150.01 million. During the same period in the previous year, the firm posted $1.21 earnings per share. The business’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. Equities research analysts predict that EPR Properties will post 5.31 earnings per share for the current fiscal year.

EPR Properties Announces Dividend

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) dividend on an annualized basis and a dividend yield of 6.2%. EPR Properties’s dividend payout ratio (DPR) is 115.17%.

Insider Buying and Selling at EPR Properties

In other news, SVP Gwendolyn Mary Johnson sold 2,000 shares of the business’s stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $58.11, for a total transaction of $116,220.00. Following the transaction, the senior vice president directly owned 14,213 shares in the company, valued at $825,917.43. The trade was a 12.34% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Tonya L. Mater sold 2,600 shares of the company’s stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $56.50, for a total transaction of $146,900.00. Following the completion of the transaction, the chief accounting officer directly owned 55,859 shares in the company, valued at $3,156,033.50. This trade represents a 4.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 6,600 shares of company stock worth $375,120. 0.03% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the stock. Wells Fargo & Company lifted their price objective on shares of EPR Properties from $54.00 to $60.00 and gave the stock an “equal weight” rating in a research report on Monday, June 1st. Truist Financial reduced their target price on EPR Properties from $62.00 to $61.00 and set a “hold” rating for the company in a report on Tuesday, June 9th. Citigroup raised EPR Properties from a “hold” rating to an “outperform” rating in a research report on Friday, June 12th. Raymond James Financial downgraded EPR Properties from a “strong-buy” rating to an “outperform” rating and lowered their price target for the company from $62.00 to $60.00 in a report on Tuesday, March 17th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of EPR Properties in a research report on Friday, May 22nd. Seven investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, EPR Properties has an average rating of “Moderate Buy” and an average price target of $61.69.

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.