MQS Management LLC Invests $518,000 in EPR Properties $EPR

MQS Management LLC purchased a new stake in EPR Properties (NYSE:EPR) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 10,367 shares of the real estate investment trust’s stock, valued at approximately $518,000.

A number of other institutional investors have also recently modified their holdings of the business. State Street Corp grew its holdings in EPR Properties by 1.7% during the second quarter. State Street Corp now owns 4,009,669 shares of the real estate investment trust’s stock worth $234,760,000 after acquiring an additional 66,562 shares during the period. Norges Bank acquired a new stake in EPR Properties in the fourth quarter valued at $82,823,000. Geode Capital Management LLC lifted its holdings in EPR Properties by 1.7% in the fourth quarter. Geode Capital Management LLC now owns 1,584,394 shares of the real estate investment trust’s stock valued at $79,077,000 after acquiring an additional 26,590 shares during the period. Northern Trust Corp boosted its position in shares of EPR Properties by 84.8% during the 3rd quarter. Northern Trust Corp now owns 1,564,309 shares of the real estate investment trust’s stock worth $90,746,000 after purchasing an additional 717,734 shares in the last quarter. Finally, AQR Capital Management LLC boosted its position in shares of EPR Properties by 29.2% during 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 purchasing an additional 348,908 shares in the last quarter. 74.66% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at EPR Properties

In other news, SVP Gwendolyn Mary Johnson sold 2,000 shares of the stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $58.11, for a total value of $116,220.00. Following the sale, the senior vice president directly owned 14,213 shares in the company, valued at $825,917.43. This represents a 12.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Tonya L. Mater sold 2,600 shares of the firm’s stock in a transaction that occurred 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 transaction, the chief accounting officer directly owned 55,859 shares of the company’s stock, valued at approximately $3,156,033.50. This trade represents a 4.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 6,600 shares of company stock worth $375,120 over the last quarter. Company insiders own 0.03% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the stock. Raymond James Financial cut shares of EPR Properties from a “strong-buy” rating to an “outperform” rating and lowered their price target for the stock from $62.00 to $60.00 in a research note on Tuesday, March 17th. Morgan Stanley raised shares of EPR Properties from an “equal weight” rating to an “overweight” rating in a report on Friday, June 12th. Truist Financial lowered their target price on shares of EPR Properties from $62.00 to $61.00 and set a “hold” rating on the stock in a research report on Tuesday, June 9th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of EPR Properties in a report on Friday, May 22nd. Finally, Stifel Nicolaus set a $65.50 target price on shares of EPR Properties in a report on Thursday, March 5th. Seven equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $61.69.

EPR Properties Trading Down 1.7%

Shares of EPR stock opened at $58.02 on Wednesday. The stock has a market cap of $4.44 billion, a P/E ratio of 17.96, a P/E/G ratio of 2.38 and a beta of 1.03. The company has a quick ratio of 7.85, a current ratio of 7.85 and a debt-to-equity ratio of 1.27. EPR Properties has a fifty-two week low of $48.10 and a fifty-two week high of $62.08. The business has a fifty day simple moving average of $57.73 and a 200-day simple moving average of $55.28.

EPR Properties (NYSE:EPR) last released its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $0.74 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 during the quarter, compared to analysts’ expectations of $150.01 million. During the same quarter in the prior year, the firm earned $1.21 earnings per share. EPR Properties’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. On average, analysts forecast that EPR Properties will post 5.31 earnings per share for the current fiscal year.

EPR Properties Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be issued a $0.31 dividend. This represents a c) annualized dividend and a dividend yield of 6.4%. The ex-dividend date of this dividend is Tuesday, June 30th. EPR Properties’s dividend 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.