Jump Financial LLC Buys 67,238 Shares of Essential Properties Realty Trust, Inc. (NYSE:EPRT)

Jump Financial LLC boosted its position in shares of Essential Properties Realty Trust, Inc. (NYSE:EPRT - Free Report) by 222.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 97,415 shares of the company's stock after buying an additional 67,238 shares during the quarter. Jump Financial LLC owned 0.06% of Essential Properties Realty Trust worth $3,047,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Norges Bank acquired a new position in Essential Properties Realty Trust in the fourth quarter worth approximately $83,341,000. Bank of Montreal Can grew its stake in Essential Properties Realty Trust by 237.7% during the 4th quarter. Bank of Montreal Can now owns 2,100,485 shares of the company's stock valued at $65,703,000 after acquiring an additional 1,478,451 shares in the last quarter. Invesco Ltd. increased its holdings in shares of Essential Properties Realty Trust by 33.9% in the 4th quarter. Invesco Ltd. now owns 4,651,728 shares of the company's stock valued at $145,506,000 after purchasing an additional 1,178,284 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of Essential Properties Realty Trust in the fourth quarter worth approximately $21,438,000. Finally, FIL Ltd boosted its holdings in shares of Essential Properties Realty Trust by 32,343.4% during the fourth quarter. FIL Ltd now owns 673,524 shares of the company's stock worth $21,068,000 after purchasing an additional 671,448 shares during the period. 96.98% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Barclays cut their price objective on Essential Properties Realty Trust from $36.00 to $35.00 and set an "overweight" rating for the company in a report on Tuesday, February 4th. Capital One Financial began coverage on Essential Properties Realty Trust in a report on Wednesday, February 12th. They set an "overweight" rating and a $35.00 price target for the company. Scotiabank cut their price objective on shares of Essential Properties Realty Trust from $33.00 to $32.00 and set a "sector perform" rating on the stock in a research report on Friday, February 28th. Finally, B. Riley downgraded shares of Essential Properties Realty Trust from a "buy" rating to a "neutral" rating and boosted their target price for the stock from $29.50 to $33.50 in a research report on Wednesday, February 19th. Three research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat, Essential Properties Realty Trust presently has an average rating of "Moderate Buy" and a consensus target price of $34.91.

Insider Buying and Selling

In other Essential Properties Realty Trust news, Director Stephen D. Sautel sold 12,500 shares of the firm's stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $32.54, for a total value of $406,750.00. Following the completion of the sale, the director now owns 178,785 shares in the company, valued at approximately $5,817,663.90. This trade represents a 6.53 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.81% of the stock is owned by company insiders.

Essential Properties Realty Trust Stock Performance

NYSE EPRT traded up $0.49 during trading on Tuesday, hitting $32.29. The company's stock had a trading volume of 619,512 shares, compared to its average volume of 1,407,564. Essential Properties Realty Trust, Inc. has a 52 week low of $25.30 and a 52 week high of $34.88. The firm has a market cap of $6.06 billion, a P/E ratio of 28.33, a price-to-earnings-growth ratio of 2.90 and a beta of 1.08. The firm has a 50 day moving average price of $31.63 and a 200 day moving average price of $32.10. The company has a quick ratio of 5.36, a current ratio of 5.36 and a debt-to-equity ratio of 0.59.

Essential Properties Realty Trust (NYSE:EPRT - Get Free Report) last announced its earnings results on Wednesday, February 12th. The company reported $0.45 earnings per share (EPS) for the quarter, topping 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%. Equities research analysts forecast 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 business also recently announced a quarterly dividend, which was paid on Friday, April 11th. Investors of record on Monday, March 31st were paid a $0.295 dividend. This represents a $1.18 annualized dividend and a dividend yield of 3.65%. The ex-dividend date of this dividend was Monday, March 31st. Essential Properties Realty Trust's payout ratio is presently 103.51%.

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.