Ocean Park Asset Management LLC Takes $681,000 Position in EPR Properties $EPR

Ocean Park Asset Management LLC purchased a new position in EPR Properties (NYSE:EPR) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 13,649 shares of the real estate investment trust’s stock, valued at approximately $681,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Norges Bank purchased a new position in EPR Properties during the fourth quarter valued at $82,823,000. Northern Trust Corp grew its stake in shares of EPR Properties by 84.8% in the third quarter. Northern Trust Corp now owns 1,564,309 shares of the real estate investment trust’s stock worth $90,746,000 after acquiring an additional 717,734 shares during the last quarter. Freestone Grove Partners LP purchased a new stake in shares of EPR Properties in the fourth quarter worth $30,055,000. Schonfeld Strategic Advisors LLC bought a new position in shares of EPR Properties during the third quarter valued at $27,895,000. Finally, Invesco Ltd. increased its holdings in shares of EPR Properties by 89.7% during the third quarter. Invesco Ltd. now owns 977,789 shares of the real estate investment trust’s stock valued at $56,722,000 after acquiring an additional 462,354 shares in the last quarter. Hedge funds and other institutional investors own 74.66% of the company’s stock.

Insider Activity at EPR Properties

In other news, CAO Tonya L. Mater sold 2,600 shares of EPR Properties stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $56.50, for a total value of $146,900.00. Following the completion of the sale, the chief accounting officer directly owned 55,859 shares in the company, valued at $3,156,033.50. The trade was a 4.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.03% of the stock is owned by corporate insiders.

EPR Properties Stock Up 0.0%

EPR Properties stock opened at $57.52 on Monday. The firm has a market cap of $4.40 billion, a price-to-earnings ratio of 17.81, a PEG ratio of 2.32 and a beta of 1.03. The stock has a fifty day simple moving average of $57.22 and a two-hundred day simple moving average of $54.92. EPR Properties has a 12 month low of $48.10 and a 12 month high of $62.08. The company has a current ratio of 7.85, a quick ratio of 7.85 and a debt-to-equity ratio of 1.27.

EPR Properties (NYSE:EPR) last announced its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $0.74 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.76 by ($0.02). EPR Properties had a net margin of 37.50% and a return on equity of 11.68%. The business had revenue of $181.25 million for the quarter, compared to the consensus estimate of $150.01 million. During the same period in the previous year, the company earned $1.21 earnings per share. The company’s revenue for the quarter was up 3.6% compared to the same quarter last year. EPR Properties has set its FY 2026 guidance at 5.370-5.530 EPS. Equities analysts predict that EPR Properties will post 5.31 EPS for the current fiscal year.

EPR Properties Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be paid a $0.31 dividend. The ex-dividend date is Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 6.5%. EPR Properties’s payout ratio is currently 115.17%.

Analysts Set New Price Targets

Several research firms have recently issued reports on EPR. Stifel Nicolaus set a $65.50 price target on EPR Properties in a research report on Thursday, March 5th. Raymond James Financial downgraded shares of EPR Properties from a “strong-buy” rating to an “outperform” rating and cut their price objective for the company from $62.00 to $60.00 in a research report on Tuesday, March 17th. Royal Bank Of Canada raised their price objective on shares of EPR Properties from $59.00 to $61.00 and gave the company a “sector perform” rating in a research note on Tuesday, May 26th. Truist Financial decreased their target price on shares of EPR Properties from $62.00 to $61.00 and set a “hold” rating for the company in a report on Tuesday, June 9th. Finally, Citizens Jmp upgraded shares of EPR Properties from a “market perform” rating to an “outperform” rating and set a $70.00 target price on the stock in a research note on Friday, June 12th. Seven equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $61.69.

EPR Properties Company 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.