EPR Properties $EPR Shares Sold by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans cut its holdings in shares of EPR Properties (NYSE:EPR) by 18.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 157,075 shares of the real estate investment trust’s stock after selling 34,922 shares during the period. Thrivent Financial for Lutherans’ holdings in EPR Properties were worth $7,838,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Fourth Dimension Wealth LLC boosted its position in shares of EPR Properties by 66.7% during the fourth quarter. Fourth Dimension Wealth LLC now owns 500 shares of the real estate investment trust’s stock worth $25,000 after buying an additional 200 shares during the period. Caitong International Asset Management Co. Ltd acquired a new position in shares of EPR Properties during the third quarter worth approximately $26,000. Atlantic Union Bankshares Corp acquired a new position in shares of EPR Properties during the third quarter worth approximately $27,000. Strategic Advocates LLC acquired a new position in shares of EPR Properties during the third quarter worth approximately $27,000. Finally, True Wealth Design LLC boosted its position in shares of EPR Properties by 48.2% during the fourth quarter. True Wealth Design LLC now owns 683 shares of the real estate investment trust’s stock worth $34,000 after buying an additional 222 shares during the period. 74.66% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Lisa G. Trimberger sold 3,000 shares of the stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $57.38, for a total transaction of $172,140.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Tonya L. Mater sold 2,600 shares of the stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $56.50, for a total value of $146,900.00. Following the sale, the chief accounting officer owned 55,859 shares of the company’s stock, valued at $3,156,033.50. This trade represents a 4.45% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 19,233 shares of company stock worth $1,096,826. Insiders own 0.03% of the company’s stock.

Analyst Ratings Changes

EPR has been the subject of several analyst reports. UBS Group boosted their price objective on EPR Properties from $54.00 to $58.00 and gave the stock a “neutral” rating in a research report on Monday, March 9th. Stifel Nicolaus set a $65.50 price objective on EPR Properties in a research report on Thursday, March 5th. Raymond James Financial downgraded EPR Properties from a “strong-buy” rating to an “outperform” rating and reduced their price objective for the stock from $62.00 to $60.00 in a research report on Tuesday, March 17th. Royal Bank Of Canada upped their target price on EPR Properties from $58.00 to $59.00 and gave the stock a “sector perform” rating in a research report on Friday, March 6th. Finally, Truist Financial increased their price target on EPR Properties from $60.00 to $62.00 and gave the company a “hold” rating in a research note on Friday, March 6th. Four research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, EPR Properties presently has a consensus rating of “Hold” and an average target price of $59.50.

EPR Properties Price Performance

Shares of EPR Properties stock opened at $58.42 on Thursday. The company has a current ratio of 7.85, a quick ratio of 7.85 and a debt-to-equity ratio of 1.27. The company’s 50-day moving average price is $54.78 and its two-hundred day moving average price is $53.85. EPR Properties has a 52 week low of $48.10 and a 52 week high of $62.08. The stock has a market cap of $4.47 billion, a PE ratio of 18.09, a price-to-earnings-growth ratio of 2.39 and a beta of 1.04.

EPR Properties (NYSE:EPR) last issued its quarterly earnings results 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 the consensus estimate of $150.02 million. During the same quarter last year, the firm posted $1.21 earnings per share. EPR Properties’s revenue was up 3.6% compared to the same quarter last year. EPR Properties has set its FY 2026 guidance at 5.370-5.530 EPS. As a group, sell-side analysts anticipate that EPR Properties will post 5.2 EPS for the current fiscal year.

EPR Properties Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be given a dividend of $0.31 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.4%. The ex-dividend date is Friday, May 29th. EPR Properties’s dividend payout ratio is 115.17%.

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.