Magnetar Financial LLC Takes $1.72 Million Position in EPR Properties $EPR

Magnetar Financial LLC bought a new position in shares of EPR Properties (NYSE:EPR) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 29,479 shares of the real estate investment trust’s stock, valued at approximately $1,717,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. QRG Capital Management Inc. grew its position in EPR Properties by 15.0% during the second quarter. QRG Capital Management Inc. now owns 93,541 shares of the real estate investment trust’s stock valued at $5,450,000 after buying an additional 12,173 shares during the period. Los Angeles Capital Management LLC purchased a new stake in shares of EPR Properties during the 2nd quarter worth about $1,304,000. Allianz Asset Management GmbH boosted its stake in shares of EPR Properties by 22.5% during the 2nd quarter. Allianz Asset Management GmbH now owns 402,075 shares of the real estate investment trust’s stock worth $23,425,000 after acquiring an additional 73,929 shares in the last quarter. Assetmark Inc. grew its position in shares of EPR Properties by 7.1% during the 1st quarter. Assetmark Inc. now owns 12,642 shares of the real estate investment trust’s stock valued at $665,000 after acquiring an additional 836 shares during the period. Finally, IFP Advisors Inc grew its position in shares of EPR Properties by 92.7% during the 2nd quarter. IFP Advisors Inc now owns 2,466 shares of the real estate investment trust’s stock valued at $144,000 after acquiring an additional 1,186 shares during the period. Institutional investors and hedge funds own 74.66% of the company’s stock.

EPR Properties Stock Up 1.2%

NYSE EPR opened at $51.86 on Friday. The business has a fifty day moving average price of $53.90 and a 200 day moving average price of $55.09. EPR Properties has a one year low of $41.75 and a one year 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. The company has a market cap of $3.95 billion, a P/E ratio of 22.65, a P/E/G ratio of 3.67 and a beta of 1.23.

EPR Properties (NYSE:EPR) last announced its earnings results on Wednesday, October 29th. The real estate investment trust reported $1.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.32 by $0.07. EPR Properties had a net margin of 28.01% and a return on equity of 8.59%. The company had revenue of $182.31 million for the quarter, compared to analysts’ expectations of $181.78 million. During the same quarter in the previous year, the company posted $1.30 EPS. The firm’s quarterly revenue was up 1.0% on a year-over-year basis. EPR Properties has set its FY 2025 guidance at 5.050-5.130 EPS. Research analysts anticipate that EPR Properties will post 4.65 EPS for the current fiscal year.

EPR Properties Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, December 15th. Investors of record on Friday, November 28th will be paid a dividend of $0.295 per share. This represents a c) annualized dividend and a yield of 6.8%. The ex-dividend date of this dividend is Friday, November 28th. EPR Properties’s dividend payout ratio is currently 154.59%.

Analysts Set New Price Targets

A number of research firms recently weighed in on EPR. Weiss Ratings reaffirmed a “buy (b)” rating on shares of EPR Properties in a report on Thursday. Wall Street Zen cut EPR Properties from a “buy” rating to a “hold” rating in a research report on Saturday, November 1st. KeyCorp lowered EPR Properties from an “overweight” rating to a “sector weight” rating in a research report on Tuesday, August 19th. Stifel Nicolaus lifted their price target on shares of EPR Properties from $65.00 to $65.50 and gave the company a “buy” rating in a research note on Thursday, July 31st. Finally, Wells Fargo & Company raised shares of EPR Properties from an “underweight” rating to an “equal weight” rating and boosted their price target for the stock from $54.00 to $56.00 in a report on Thursday, September 11th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $59.64.

Insider Buying and Selling

In other EPR Properties news, EVP Gregory E. Zimmerman sold 7,500 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $49.21, for a total value of $369,075.00. Following the transaction, the executive vice president directly owned 73,877 shares of the company’s stock, valued at $3,635,487.17. This trade represents a 9.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In the last three months, insiders have sold 22,500 shares of company stock valued at $1,205,100. 2.31% of the stock is currently owned by corporate insiders.

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.