Essential Properties Realty Trust, Inc. (NYSE:EPRT) Shares Acquired by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. increased its holdings in shares of Essential Properties Realty Trust, Inc. (NYSE:EPRT - Free Report) by 1.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,872,955 shares of the company's stock after acquiring an additional 43,179 shares during the period. Charles Schwab Investment Management Inc. owned approximately 1.64% of Essential Properties Realty Trust worth $89,866,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. MassMutual Private Wealth & Trust FSB boosted its position in shares of Essential Properties Realty Trust by 74.5% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,096 shares of the company's stock worth $34,000 after purchasing an additional 468 shares in the last quarter. Jones Financial Companies Lllp increased its holdings in shares of Essential Properties Realty Trust by 1,834.4% during the fourth quarter. Jones Financial Companies Lllp now owns 1,180 shares of the company's stock valued at $37,000 after acquiring an additional 1,119 shares in the last quarter. Versant Capital Management Inc raised its position in shares of Essential Properties Realty Trust by 215.4% in the 4th quarter. Versant Capital Management Inc now owns 1,211 shares of the company's stock worth $38,000 after purchasing an additional 827 shares during the last quarter. Smartleaf Asset Management LLC boosted its stake in Essential Properties Realty Trust by 275.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,456 shares of the company's stock worth $77,000 after purchasing an additional 1,802 shares in the last quarter. Finally, Morse Asset Management Inc purchased a new stake in Essential Properties Realty Trust during the 3rd quarter valued at about $79,000. Hedge funds and other institutional investors own 96.98% of the company's stock.

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Essential Properties Realty Trust Price Performance

Shares of EPRT stock traded down $0.27 on Tuesday, hitting $31.30. 778,980 shares of the stock traded hands, compared to its average volume of 1,244,393. The company has a debt-to-equity ratio of 0.59, a current ratio of 5.36 and a quick ratio of 5.36. Essential Properties Realty Trust, Inc. has a 52 week low of $24.72 and a 52 week high of $34.88. The firm has a 50 day simple moving average of $31.67 and a two-hundred day simple moving average of $32.40. The firm has a market cap of $5.87 billion, a price-to-earnings ratio of 27.45, a PEG ratio of 2.90 and a beta of 1.36.

Essential Properties Realty Trust (NYSE:EPRT - Get Free Report) last announced its quarterly earnings data on Wednesday, February 12th. The company reported $0.45 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.31 by $0.14. Essential Properties Realty Trust had a net margin of 45.15% and a return on equity of 6.12%. As a group, equities research analysts predict that Essential Properties Realty Trust, Inc. will post 1.83 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on EPRT. Barclays dropped their target price on shares of Essential Properties Realty Trust from $36.00 to $35.00 and set an "overweight" rating on the stock in a research note on Tuesday, February 4th. UBS Group upped their price objective on Essential Properties Realty Trust from $39.00 to $40.00 and gave the company a "buy" rating in a research report on Thursday, November 14th. Mizuho lifted their target price on Essential Properties Realty Trust from $31.00 to $35.00 and gave the stock an "outperform" rating in a report on Thursday, November 14th. Scotiabank lowered their price target on Essential Properties Realty Trust from $33.00 to $32.00 and set a "sector perform" rating on the stock in a report on Friday, February 28th. Finally, Capital One Financial began coverage on Essential Properties Realty Trust in a report on Wednesday, February 12th. They issued an "overweight" rating and a $35.00 price objective for the company. Three investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company's stock. According to MarketBeat.com, Essential Properties Realty Trust currently has a consensus rating of "Moderate Buy" and a consensus target price of $34.48.

Insider Buying and Selling at Essential Properties Realty Trust

In related news, Director Stephen D. Sautel sold 12,500 shares of the stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $32.54, for a total transaction of $406,750.00. Following the sale, the director now owns 178,785 shares in the company, valued at approximately $5,817,663.90. This represents a 6.53 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 0.81% of the stock is currently owned by company insiders.

Essential Properties Realty Trust Profile

Essential Properties Realty Trust, Inc, a real estate company, acquires, owns, and manages single-tenant properties in the United States. The company leases its properties to middle-market companies, such as restaurants, car washes, automotive services, medical and dental services, convenience stores, equipment rental, entertainment, early childhood education, grocery, and health and fitness on a long-term basis.