EMC Capital Management cut its stake in shares of EPR Properties (NYSE:EPR – Free Report) by 48.1% in the 2nd quarter, HoldingsChannel reports. The fund owned 4,563 shares of the real estate investment trust’s stock after selling 4,237 shares during the quarter. EMC Capital Management’s holdings in EPR Properties were worth $266,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds also recently made changes to their positions in EPR. Cerity Partners LLC boosted its stake in EPR Properties by 6.6% in the 1st quarter. Cerity Partners LLC now owns 22,089 shares of the real estate investment trust’s stock valued at $1,162,000 after purchasing an additional 1,360 shares during the period. CWM LLC boosted its position in shares of EPR Properties by 71.7% in the first quarter. CWM LLC now owns 9,252 shares of the real estate investment trust’s stock valued at $487,000 after acquiring an additional 3,864 shares during the period. Allianz Asset Management GmbH grew its stake in shares of EPR Properties by 102.3% in the first quarter. Allianz Asset Management GmbH now owns 328,146 shares of the real estate investment trust’s stock valued at $17,264,000 after acquiring an additional 165,904 shares in the last quarter. Choreo LLC increased its position in EPR Properties by 22.4% during the first quarter. Choreo LLC now owns 6,076 shares of the real estate investment trust’s stock worth $321,000 after acquiring an additional 1,112 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH increased its position in EPR Properties by 108.2% during the first quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 207,492 shares of the real estate investment trust’s stock worth $10,916,000 after acquiring an additional 107,852 shares during the period. Institutional investors and hedge funds own 74.66% of the company’s stock.
Insider Buying and Selling at EPR Properties
In other news, EVP Gregory E. Zimmerman sold 7,500 shares of the stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $49.21, for a total value of $369,075.00. Following the completion of the sale, the executive vice president owned 73,877 shares of the company’s stock, valued at approximately $3,635,487.17. This represents a 9.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders sold a total of 22,500 shares of company stock valued at $1,205,100 over the last ninety days. Corporate insiders own 2.31% of the company’s stock.
Wall Street Analyst Weigh In
Check Out Our Latest Report on EPR Properties
EPR Properties Trading Up 1.3%
Shares of NYSE EPR opened at $51.05 on Wednesday. The firm has a 50 day moving average price of $54.22 and a two-hundred day moving average price of $55.10. The stock has a market cap of $3.89 billion, a P/E ratio of 22.29, a price-to-earnings-growth ratio of 3.67 and a beta of 1.23. EPR Properties has a 52-week low of $41.75 and a 52-week high of $61.24. The company has a debt-to-equity ratio of 1.20, a quick ratio of 7.77 and a current ratio of 7.77.
EPR Properties (NYSE:EPR – Get Free Report) last issued its quarterly earnings results on Wednesday, October 29th. The real estate investment trust reported $1.39 EPS for the quarter, topping analysts’ consensus estimates of $1.32 by $0.07. The company had revenue of $182.31 million for the quarter, compared to analyst estimates of $181.78 million. EPR Properties had a net margin of 28.01% and a return on equity of 8.59%. EPR Properties’s revenue was up 1.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.30 earnings per share. EPR Properties has set its FY 2025 guidance at 5.050-5.130 EPS. As a group, equities analysts forecast that EPR Properties will post 4.65 EPS for the current year.
EPR Properties Announces Dividend
The business also recently declared a monthly dividend, which will be paid on Monday, December 15th. Shareholders of record on Friday, November 28th will be given a $0.295 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.9%. The ex-dividend date is Friday, November 28th. EPR Properties’s payout ratio is 154.59%.
EPR Properties Company 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.
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