EPR Properties, a diversified experiential net lease real estate investment trust (REIT), has recently gained attention from institutional investors.
Natixis has increased its holdings, acquiring an additional 47,534 shares, bringing its total to 72,764 shares valued at approximately $3.09 million. Price T Rowe Associates Inc. MD has also increased its stake in EPR Properties by 48.3% during the first quarter, now owning 61,346 shares worth around $2.61 million. Institutional investors collectively hold 74.66% of the company's stock, indicating confidence in the REIT's long-term viability and growth prospects.
Analysts have given mixed reviews of EPR Properties' stock. UBS Group initiated coverage with a "neutral" rating and a price target of $48.00. Wells Fargo reaffirmed an "underweight" rating with a price target of $47.00, while Raymond James upgraded the stock from "outperform" to "strong-buy" with a price target of $54.00.
EPR Properties opened at $44.98, with a market capitalization of $3.41 billion. The stock has experienced volatility over the past year, with a low of $39.65 and a high of $50.26. The company's debt-to-equity ratio stands at 1.19, indicating a balanced approach to leveraging its capital structure. The liquidity position of EPR Properties appears strong, with a current ratio and quick ratio both at 7.81.
Recent insider trading activity includes the sale of 1,000 shares by CAO Tonya L. Mater at an average price of $46.00. Insider ownership stands at 2.13%. Institutional investors such as Nisa Investment Advisors LLC and Vanguard Group Inc. have also made adjustments to their holdings.
EPR Properties focuses on experiential properties that enhance leisure and recreation experiences. The REIT aims to capitalize on consumer trends favoring experiential spending. The ongoing interest from institutional investors and mixed analyst ratings suggest potential for growth in the experiential real estate sector.