EPR Properties $EPR Stake Boosted by Vestcor Inc

Vestcor Inc grew its stake in shares of EPR Properties (NYSE:EPR) by 1,061.1% during the 4th quarter, HoldingsChannel reports. The fund owned 67,171 shares of the real estate investment trust’s stock after acquiring an additional 61,386 shares during the period. Vestcor Inc’s holdings in EPR Properties were worth $3,352,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Caitong International Asset Management Co. Ltd purchased a new position in shares of EPR Properties during the 3rd quarter valued at $26,000. Strategic Advocates LLC purchased a new position in shares of EPR Properties during the 3rd quarter valued at $27,000. Atlantic Union Bankshares Corp purchased a new position in shares of EPR Properties during the 3rd quarter valued at $27,000. Fourth Dimension Wealth LLC grew its holdings in shares of EPR Properties by 66.7% during 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. Finally, KERR FINANCIAL PLANNING Corp purchased a new position in shares of EPR Properties during the 3rd quarter valued at $36,000. 74.66% of the stock is currently owned by hedge funds and other institutional investors.

EPR Properties Trading Up 2.1%

Shares of NYSE:EPR opened at $57.36 on Friday. The stock has a market capitalization of $4.39 billion, a PE ratio of 17.76, a P/E/G ratio of 2.37 and a beta of 1.03. EPR Properties has a 1 year low of $48.10 and a 1 year high of $62.08. The firm has a fifty day moving average price of $55.65 and a 200 day moving average price of $54.43. The company has a current ratio of 7.85, a quick ratio of 7.85 and a debt-to-equity ratio of 1.27.

EPR Properties (NYSE:EPR) last issued its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $0.74 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.76 by ($0.02). The business had revenue of $181.25 million during the quarter, compared to the consensus estimate of $150.02 million. EPR Properties had a return on equity of 11.68% and a net margin of 37.50%.The company’s revenue for the quarter was up 3.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.21 earnings per share. EPR Properties has set its FY 2026 guidance at 5.370-5.530 EPS. Analysts expect that EPR Properties will post 5.2 EPS for the current fiscal year.

EPR Properties Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be issued a $0.31 dividend. The ex-dividend date is Friday, May 29th. This represents a c) dividend on an annualized basis and a yield of 6.5%. EPR Properties’s dividend payout ratio is currently 115.17%.

Insider Buying and Selling

In related news, Director Lisa G. Trimberger sold 3,000 shares of the company’s stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $57.38, for a total value of $172,140.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CAO Tonya L. Mater sold 2,600 shares of the company’s stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $56.50, for a total transaction 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 19,233 shares of company stock worth $1,096,826. Corporate insiders own 0.03% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently commented on EPR. Wells Fargo & Company boosted their price target on shares of EPR Properties from $54.00 to $60.00 and gave the company an “equal weight” rating in a report on Monday, June 1st. Weiss Ratings restated a “buy (b)” rating on shares of EPR Properties in a report on Friday, May 22nd. Raymond James Financial cut shares of 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. Truist Financial boosted their price target on shares of EPR Properties from $60.00 to $62.00 and gave the company a “hold” rating in a report on Friday, March 6th. Finally, Stifel Nicolaus set a $65.50 price target on shares of EPR Properties in a report on Thursday, March 5th. Four research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, EPR Properties presently has a consensus rating of “Hold” and an average target price of $60.64.

About EPR Properties

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.