The Manufacturers Life Insurance Company Sells 14,146 Shares of EPR Properties $EPR

The Manufacturers Life Insurance Company lessened its stake in EPR Properties (NYSE:EPR) by 21.0% in the first quarter, HoldingsChannel reports. The firm owned 53,194 shares of the real estate investment trust’s stock after selling 14,146 shares during the period. The Manufacturers Life Insurance Company’s holdings in EPR Properties were worth $2,658,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in EPR. Quantinno Capital Management LP boosted its stake in shares of EPR Properties by 20.9% in the 1st quarter. Quantinno Capital Management LP now owns 1,572,738 shares of the real estate investment trust’s stock worth $78,574,000 after buying an additional 272,335 shares during the last quarter. Lazard Asset Management LLC increased its position in EPR Properties by 11.6% during the first quarter. Lazard Asset Management LLC now owns 29,880 shares of the real estate investment trust’s stock valued at $1,493,000 after acquiring an additional 3,099 shares during the last quarter. Waverly Advisors LLC lifted its holdings in EPR Properties by 8.2% in the first quarter. Waverly Advisors LLC now owns 4,506 shares of the real estate investment trust’s stock valued at $225,000 after acquiring an additional 340 shares during the period. Inceptionr LLC bought a new position in EPR Properties in the first quarter valued at about $257,000. Finally, Sei Investments Co. boosted its position in EPR Properties by 97.3% in the first quarter. Sei Investments Co. now owns 95,095 shares of the real estate investment trust’s stock worth $4,752,000 after purchasing an additional 46,893 shares during the last quarter. Institutional investors own 74.66% of the company’s stock.

EPR Properties Stock Up 1.4%

NYSE EPR opened at $62.20 on Friday. The stock’s 50-day moving average price is $59.87 and its 200-day moving average price is $57.22. The company has a quick ratio of 9.51, a current ratio of 9.51 and a debt-to-equity ratio of 1.43. EPR Properties has a 52 week low of $48.10 and a 52 week high of $64.97. The company has a market capitalization of $4.76 billion, a P/E ratio of 20.00, a price-to-earnings-growth ratio of 2.39 and a beta of 1.02.

EPR Properties (NYSE:EPR) last posted its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $0.79 earnings per share for the quarter, beating analysts’ consensus estimates of $0.74 by $0.05. The firm had revenue of $196.08 million for the quarter, compared to analysts’ expectations of $158.13 million. EPR Properties had a return on equity of 11.34% and a net margin of 35.45%.The business’s quarterly revenue was up 30.4% on a year-over-year basis. During the same period in the previous year, the firm earned $1.26 EPS. EPR Properties has set its FY 2026 guidance at 5.410-5.570 EPS. On average, equities research analysts predict that EPR Properties will post 5.34 earnings per share for the current year.

EPR Properties Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, August 17th. Shareholders of record on Friday, July 31st will be given a $0.31 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%. The ex-dividend date is Friday, July 31st. EPR Properties’s dividend payout ratio is presently 119.61%.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on EPR. Citizens Jmp restated a “market outperform” rating and set a $70.00 price target on shares of EPR Properties in a research note on Thursday, July 2nd. UBS Group set a $70.00 price objective on shares of EPR Properties in a report on Thursday, July 2nd. Truist Financial cut their target price on shares of EPR Properties from $62.00 to $61.00 and set a “hold” rating for the company in a research report on Tuesday, June 9th. Royal Bank Of Canada upped their target price on shares of EPR Properties from $61.00 to $64.00 and gave the company a “sector perform” rating in a report on Friday. Finally, Huntington began coverage on shares of EPR Properties in a research report on Wednesday, July 15th. They issued an “outperform” rating and a $65.00 price target on the stock. Eight research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, EPR Properties currently has a consensus rating of “Moderate Buy” and an average price target of $64.39.

Insider Buying and Selling

In other news, SVP Gwendolyn Mary Johnson sold 2,000 shares of the firm’s stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $58.11, for a total transaction of $116,220.00. Following the sale, the senior vice president directly owned 14,213 shares in the company, valued at $825,917.43. This trade represents a 12.34% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Tonya L. Mater sold 6,692 shares of EPR Properties stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $61.79, for a total transaction of $413,498.68. Following the transaction, the chief accounting officer owned 49,167 shares in the company, valued at approximately $3,038,028.93. This trade represents a 11.98% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 9,692 shares of company stock valued at $589,719. Company insiders own 0.03% of the company’s stock.

EPR Properties Profile

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.