Nisa Investment Advisors LLC Decreases Stock Holdings in EPR Properties $EPR

Nisa Investment Advisors LLC lowered its position in shares of EPR Properties (NYSE:EPR) by 75.3% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 41,640 shares of the real estate investment trust’s stock after selling 126,790 shares during the period. Nisa Investment Advisors LLC owned about 0.05% of EPR Properties worth $2,429,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in EPR. SG Americas Securities LLC boosted its holdings in shares of EPR Properties by 380.4% during the third quarter. SG Americas Securities LLC now owns 55,001 shares of the real estate investment trust’s stock worth $3,191,000 after purchasing an additional 43,551 shares during the period. Childress Capital Advisors LLC purchased a new stake in EPR Properties in the 3rd quarter worth approximately $204,000. Park Avenue Securities LLC bought a new stake in shares of EPR Properties in the 3rd quarter worth approximately $264,000. Hennion & Walsh Asset Management Inc. purchased a new position in shares of EPR Properties during the third quarter valued at approximately $456,000. Finally, Robeco Institutional Asset Management B.V. raised its holdings in shares of EPR Properties by 28.2% during the third quarter. Robeco Institutional Asset Management B.V. now owns 14,771 shares of the real estate investment trust’s stock valued at $857,000 after acquiring an additional 3,248 shares in the last quarter. Institutional investors own 74.66% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the stock. Weiss Ratings reiterated a “buy (b-)” rating on shares of EPR Properties in a report on Monday, December 29th. JPMorgan Chase & Co. cut their target price on shares of EPR Properties from $65.00 to $58.00 and set an “overweight” rating on the stock in a research note on Tuesday, December 2nd. Truist Financial boosted their price target on shares of EPR Properties from $55.00 to $57.00 and gave the company a “hold” rating in a research report on Tuesday, November 18th. Wall Street Zen lowered shares of EPR Properties from a “buy” rating to a “hold” rating in a report on Saturday, November 1st. Finally, Wells Fargo & Company reduced their target price on EPR Properties from $56.00 to $54.00 and set an “equal weight” rating on the stock in a report on Tuesday, November 25th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, EPR Properties currently has an average rating of “Moderate Buy” and a consensus price target of $58.36.

Insiders Place Their Bets

In related news, EVP Gregory E. Zimmerman sold 7,500 shares of the company’s stock in a transaction on Monday, December 1st. The stock was sold at an average price of $52.25, for a total transaction of $391,875.00. Following the completion of the sale, the executive vice president owned 64,251 shares in the company, valued at approximately $3,357,114.75. This represents a 10.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 2.31% of the company’s stock.

EPR Properties Trading Up 1.4%

NYSE:EPR opened at $53.85 on Wednesday. The firm has a market capitalization of $4.10 billion, a P/E ratio of 23.52, a PEG ratio of 3.14 and a beta of 0.94. The company has a debt-to-equity ratio of 1.19, a current ratio of 7.21 and a quick ratio of 7.21. EPR Properties has a one year low of $41.75 and a one year high of $61.24. The company’s 50-day simple moving average is $51.04 and its 200 day simple moving average is $54.01.

EPR Properties (NYSE:EPR) last released its earnings results on Wednesday, October 29th. The real estate investment trust reported $1.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $0.07. The firm had revenue of $182.31 million during 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 8.58%. The business’s revenue was up 1.0% on a year-over-year basis. During the same period last 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, analysts forecast that EPR Properties will post 4.65 EPS for the current fiscal year.

EPR Properties Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st will be issued a dividend of $0.295 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.6%. The ex-dividend date of this dividend is Wednesday, December 31st. EPR Properties’s dividend payout ratio (DPR) is presently 154.59%.

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.