Amundi Has $10.24 Million Stock Position in Essential Properties Realty Trust, Inc. (NYSE:EPRT)

Amundi boosted its stake in shares of Essential Properties Realty Trust, Inc. (NYSE:EPRT - Free Report) by 235.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 323,796 shares of the company's stock after purchasing an additional 227,170 shares during the quarter. Amundi owned 0.18% of Essential Properties Realty Trust worth $10,235,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. GSA Capital Partners LLP raised its stake in shares of Essential Properties Realty Trust by 97.4% in the 3rd quarter. GSA Capital Partners LLP now owns 30,997 shares of the company's stock valued at $1,059,000 after buying an additional 15,298 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. raised its stake in shares of Essential Properties Realty Trust by 26.5% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 244,424 shares of the company's stock valued at $8,347,000 after buying an additional 51,196 shares in the last quarter. Victory Capital Management Inc. raised its stake in shares of Essential Properties Realty Trust by 5.9% in the 3rd quarter. Victory Capital Management Inc. now owns 1,506,759 shares of the company's stock valued at $51,456,000 after buying an additional 83,565 shares in the last quarter. KBC Group NV raised its stake in shares of Essential Properties Realty Trust by 30.9% in the 3rd quarter. KBC Group NV now owns 4,810 shares of the company's stock valued at $164,000 after buying an additional 1,136 shares in the last quarter. Finally, Metis Global Partners LLC raised its stake in shares of Essential Properties Realty Trust by 29.7% in the 3rd quarter. Metis Global Partners LLC now owns 18,052 shares of the company's stock valued at $616,000 after buying an additional 4,133 shares in the last quarter. 96.98% of the stock is currently owned by institutional investors and hedge funds.

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Essential Properties Realty Trust Trading Down 0.4 %

Shares of NYSE EPRT traded down $0.12 during mid-day trading on Tuesday, hitting $31.76. The company's stock had a trading volume of 1,369,191 shares, compared to its average volume of 1,230,863. The stock has a market cap of $5.96 billion, a price-to-earnings ratio of 27.86, a price-to-earnings-growth ratio of 2.90 and a beta of 1.36. 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 one year low of $24.72 and a one year high of $34.88. The company's fifty day simple moving average is $31.66 and its 200-day simple moving average is $32.39.

Essential Properties Realty Trust (NYSE:EPRT - Get Free Report) last issued its earnings results on Wednesday, February 12th. The company reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate 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%. On average, sell-side analysts anticipate that Essential Properties Realty Trust, Inc. will post 1.83 earnings per share for the current fiscal year.

Essential Properties Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, April 11th. Investors of record on Monday, March 31st will be given a $0.295 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $1.18 dividend on an annualized basis and a dividend yield of 3.72%. Essential Properties Realty Trust's dividend payout ratio is 103.51%.

Analysts Set New Price Targets

EPRT has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Essential Properties Realty Trust in a research note on Wednesday, December 11th. They issued a "buy" rating and a $38.00 price objective for the company. Capital One Financial began coverage on shares of Essential Properties Realty Trust in a report on Wednesday, February 12th. They issued an "overweight" rating and a $35.00 target price on the stock. Barclays lowered 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 report on Tuesday, February 4th. B. Riley lowered shares of Essential Properties Realty Trust from a "buy" rating to a "neutral" rating and upped their target price for the stock from $29.50 to $33.50 in a report on Wednesday, February 19th. Finally, Scotiabank lowered their target price on shares of 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. Three analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $34.48.

Insider Activity at Essential Properties Realty Trust

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

Essential Properties Realty Trust Company 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.