AlphaQuest LLC Acquires 32,445 Shares of EPR Properties $EPR

AlphaQuest LLC grew its holdings in shares of EPR Properties (NYSE:EPR) by 456.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 39,547 shares of the real estate investment trust’s stock after purchasing an additional 32,445 shares during the period. AlphaQuest LLC owned about 0.05% of EPR Properties worth $2,294,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of EPR. Norges Bank acquired a new stake in EPR Properties during the second quarter worth about $55,093,000. Prudential Financial Inc. boosted its position in EPR Properties by 42.0% during the 2nd quarter. Prudential Financial Inc. now owns 1,870,499 shares of the real estate investment trust’s stock worth $108,975,000 after buying an additional 553,209 shares during the period. AQR Capital Management LLC lifted its holdings in EPR Properties by 29.2% during the 2nd quarter. AQR Capital Management LLC now owns 1,544,905 shares of the real estate investment trust’s stock worth $88,693,000 after buying an additional 348,908 shares during the period. Quantinno Capital Management LP lifted its position in shares of EPR Properties by 68.1% in the 2nd quarter. Quantinno Capital Management LP now owns 611,508 shares of the real estate investment trust’s stock worth $35,626,000 after purchasing an additional 247,750 shares during the period. Finally, Allspring Global Investments Holdings LLC acquired a new position in shares of EPR Properties in the 3rd quarter valued at about $11,666,000. 74.66% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, EVP Gregory E. Zimmerman sold 7,500 shares of the business’s stock in a transaction on Monday, December 1st. The shares were sold at an average price of $52.25, for a total transaction of $391,875.00. Following the completion of the transaction, the executive vice president directly owned 64,251 shares in the company, valued at $3,357,114.75. The trade was a 10.45% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 2.31% of the stock is currently owned by insiders.

EPR Properties Price Performance

Shares of NYSE EPR opened at $54.26 on Friday. The company has a debt-to-equity ratio of 1.19, a quick ratio of 7.21 and a current ratio of 7.21. EPR Properties has a fifty-two week low of $41.75 and a fifty-two week high of $61.24. The stock has a market cap of $4.13 billion, a PE ratio of 23.69, a price-to-earnings-growth ratio of 3.19 and a beta of 0.94. The stock has a fifty day moving average of $51.91 and a 200-day moving average of $53.62.

EPR Properties (NYSE:EPR) last issued its earnings results on Wednesday, October 29th. The real estate investment trust reported $1.39 EPS for the quarter, topping the consensus estimate of $1.32 by $0.07. EPR Properties had a return on equity of 8.58% and a net margin of 28.01%.The business had revenue of $182.31 million during the quarter, compared to the consensus estimate of $181.78 million. During the same quarter last year, the company earned $1.30 EPS. The firm’s revenue was up 1.0% compared to the same quarter last year. Equities research analysts anticipate that EPR Properties will post 4.65 earnings per share for the current year.

EPR Properties Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, February 17th. Shareholders of record on Friday, January 30th will be paid a $0.295 dividend. The ex-dividend date is Friday, January 30th. This represents a c) annualized dividend and a yield of 6.5%. EPR Properties’s dividend payout ratio is currently 154.59%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on EPR shares. Royal Bank Of Canada reiterated a “sector perform” rating and set a $58.00 price objective on shares of EPR Properties in a report on Friday. Truist Financial increased their price target on EPR Properties from $55.00 to $57.00 and gave the company a “hold” rating in a research report on Tuesday, November 18th. Wells Fargo & Company dropped their target price on shares of EPR Properties from $56.00 to $54.00 and set an “equal weight” rating on the stock in a research report on Tuesday, November 25th. JPMorgan Chase & Co. lowered their target price on EPR Properties from $65.00 to $58.00 and set an “overweight” rating on the stock in a research note on Tuesday, December 2nd. Finally, Wall Street Zen cut shares of EPR Properties from a “buy” rating to a “hold” rating in a report on Saturday, November 1st. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $58.36.

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.