VIRGINIA RETIREMENT SYSTEMS ET Al Purchases Shares of 150,332 EPR Properties $EPR

VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in EPR Properties (NYSE:EPR) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 150,332 shares of the real estate investment trust’s stock, valued at approximately $8,758,000.

A number of other institutional investors have also modified their holdings of the company. Deutsche Bank AG grew its holdings in shares of EPR Properties by 3,816.2% during the 1st quarter. Deutsche Bank AG now owns 1,874,975 shares of the real estate investment trust’s stock worth $98,642,000 after purchasing an additional 1,827,098 shares during the period. LSV Asset Management raised its position in shares of EPR Properties by 11.4% during the 1st quarter. LSV Asset Management now owns 1,257,666 shares of the real estate investment trust’s stock valued at $66,166,000 after acquiring an additional 128,568 shares in the last quarter. AQR Capital Management LLC raised its position in shares of EPR Properties by 38.3% during the 1st quarter. AQR Capital Management LLC now owns 1,195,997 shares of the real estate investment trust’s stock valued at $61,887,000 after acquiring an additional 331,513 shares in the last quarter. American Century Companies Inc. increased its position in EPR Properties by 0.6% in the first quarter. American Century Companies Inc. now owns 1,092,032 shares of the real estate investment trust’s stock worth $57,452,000 after buying an additional 6,085 shares during the period. Finally, Russell Investments Group Ltd. increased its position in EPR Properties by 378.0% in the first quarter. Russell Investments Group Ltd. now owns 821,532 shares of the real estate investment trust’s stock worth $43,221,000 after buying an additional 649,675 shares during the period. Hedge funds and other institutional investors own 74.66% of the company’s stock.

Insider Transactions at EPR Properties

In other EPR Properties news, EVP Gregory E. Zimmerman sold 7,500 shares of the firm’s stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $58.12, for a total value of $435,900.00. Following the sale, the executive vice president owned 81,377 shares of the company’s stock, valued at $4,729,631.24. This trade represents a 8.44% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Over the last quarter, insiders sold 22,500 shares of company stock valued at $1,248,075. Company insiders own 2.31% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on EPR shares. Stifel Nicolaus increased their price objective on EPR Properties from $65.00 to $65.50 and gave the stock a “buy” rating in a research note on Thursday, July 31st. Weiss Ratings reaffirmed a “buy (b)” rating on shares of EPR Properties in a research note on Wednesday, October 8th. Wells Fargo & Company raised EPR Properties from an “underweight” rating to an “equal weight” rating and raised their price target for the stock from $54.00 to $56.00 in a research note on Thursday, September 11th. Raymond James Financial raised their price target on EPR Properties from $57.00 to $62.00 and gave the stock a “strong-buy” rating in a research note on Tuesday, August 12th. Finally, KeyCorp downgraded EPR Properties from an “overweight” rating to a “sector weight” rating in a research note on Tuesday, August 19th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $59.36.

EPR Properties Stock Up 1.5%

Shares of EPR stock opened at $55.31 on Tuesday. The stock’s 50 day simple moving average is $55.19 and its 200 day simple moving average is $54.57. 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 has a twelve month low of $41.75 and a twelve month high of $61.24. The company has a market capitalization of $4.21 billion, a price-to-earnings ratio of 27.25, a PEG ratio of 3.84 and a beta of 1.28.

EPR Properties (NYSE:EPR) last issued its quarterly earnings data on Wednesday, July 30th. The real estate investment trust reported $1.24 earnings per share for the quarter, missing analysts’ consensus estimates of $1.25 by ($0.01). EPR Properties had a net margin of 25.28% and a return on equity of 7.66%. The company had revenue of $150.35 million during the quarter, compared to the consensus estimate of $176.50 million. During the same period in the previous year, the business posted $1.22 earnings per share. The firm’s revenue was up 3.7% on a year-over-year basis. EPR Properties has set its FY 2025 guidance at 5.000-5.160 EPS. As a group, research analysts predict that EPR Properties will post 4.65 EPS for the current year.

EPR Properties Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, November 17th. Shareholders of record on Friday, October 31st will be issued a $0.295 dividend. The ex-dividend date of this dividend is Friday, October 31st. This represents a c) dividend on an annualized basis and a yield of 6.4%. EPR Properties’s dividend payout ratio (DPR) is 174.38%.

About EPR Properties

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.