Bayforest Capital Ltd Takes Position in EPR Properties $EPR

Bayforest Capital Ltd purchased a new stake in EPR Properties (NYSE:EPR) in the 2nd quarter, HoldingsChannel reports. The fund purchased 9,087 shares of the real estate investment trust’s stock, valued at approximately $529,000.

Several other institutional investors and hedge funds also recently made changes to their positions in EPR. Deutsche Bank AG grew its stake in EPR Properties by 3,816.2% during the first 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 boosted its holdings in EPR Properties by 11.4% in the first quarter. LSV Asset Management now owns 1,257,666 shares of the real estate investment trust’s stock worth $66,166,000 after acquiring an additional 128,568 shares in the last quarter. AQR Capital Management LLC boosted its holdings in EPR Properties by 38.3% in the first quarter. AQR Capital Management LLC now owns 1,195,997 shares of the real estate investment trust’s stock worth $61,887,000 after acquiring an additional 331,513 shares in the last quarter. American Century Companies Inc. boosted its holdings 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 acquiring an additional 6,085 shares in the last quarter. Finally, Russell Investments Group Ltd. lifted its holdings in shares of 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 valued at $43,221,000 after purchasing an additional 649,675 shares in the last quarter. Institutional investors and hedge funds own 74.66% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the company. Wall Street Zen raised EPR Properties from a “hold” rating to a “buy” rating in a research report on Saturday, September 13th. Wells Fargo & Company upgraded EPR Properties from an “underweight” rating to an “equal weight” rating and boosted their target price for the company from $54.00 to $56.00 in a research note on Thursday, September 11th. Weiss Ratings restated a “buy (b)” rating on shares of EPR Properties in a research note on Wednesday, October 8th. Raymond James Financial boosted their target price on EPR Properties from $57.00 to $62.00 and gave the company a “strong-buy” rating in a research note on Tuesday, August 12th. Finally, KeyCorp lowered EPR Properties from an “overweight” rating to a “sector weight” rating in a research note on Tuesday, August 19th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, EPR Properties presently has an average rating of “Moderate Buy” and a consensus price target of $59.36.

EPR Properties Price Performance

EPR opened at $54.81 on Wednesday. The stock has a market capitalization of $4.17 billion, a P/E ratio of 27.00, a PEG ratio of 3.84 and a beta of 1.28. EPR Properties has a 12-month low of $41.75 and a 12-month high of $61.24. The stock has a 50-day moving average price of $55.08 and a 200-day moving average price of $54.41. The company has a current ratio of 7.77, a quick ratio of 7.77 and a debt-to-equity ratio of 1.20.

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

EPR Properties Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be issued a dividend of $0.295 per share. The ex-dividend date is Tuesday, September 30th. This represents a c) annualized dividend and a yield of 6.5%. EPR Properties’s dividend payout ratio is currently 174.38%.

Insider Buying and Selling

In other EPR Properties news, EVP Gregory E. Zimmerman sold 7,500 shares of the company’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 transaction of $435,900.00. Following the completion of the transaction, the executive vice president owned 81,377 shares of the company’s stock, valued at $4,729,631.24. This represents a 8.44% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Over the last three months, insiders sold 22,500 shares of company stock worth $1,248,075. Corporate insiders own 2.31% of the company’s stock.

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.