Essential Properties Realty Trust, Inc. (NYSE:EPRT) Stock Position Lowered by B&I Capital AG

B&I Capital AG lowered its holdings in Essential Properties Realty Trust, Inc. (NYSE:EPRT - Free Report) by 8.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 120,544 shares of the company's stock after selling 11,200 shares during the period. Essential Properties Realty Trust comprises 1.2% of B&I Capital AG's portfolio, making the stock its 25th largest position. B&I Capital AG owned 0.07% of Essential Properties Realty Trust worth $3,771,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Blue Trust Inc. raised its position in shares of Essential Properties Realty Trust by 95.2% in the 3rd quarter. Blue Trust Inc. now owns 818 shares of the company's stock valued at $28,000 after purchasing an additional 399 shares in the last quarter. MassMutual Private Wealth & Trust FSB increased its stake in shares of Essential Properties Realty Trust by 74.5% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 1,096 shares of the company's stock worth $34,000 after buying an additional 468 shares during the last quarter. Jones Financial Companies Lllp raised its holdings in Essential Properties Realty Trust by 1,834.4% in 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 boosted its stake in Essential Properties Realty Trust by 215.4% during the 4th quarter. Versant Capital Management Inc now owns 1,211 shares of the company's stock valued at $38,000 after acquiring an additional 827 shares during the last quarter. Finally, Smartleaf Asset Management LLC grew its holdings in Essential Properties Realty Trust by 275.5% during the 4th quarter. Smartleaf Asset Management LLC now owns 2,456 shares of the company's stock worth $77,000 after acquiring an additional 1,802 shares in the last quarter. Hedge funds and other institutional investors own 96.98% of the company's stock.

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Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Scotiabank reduced their price target 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. Barclays decreased their target price on Essential Properties Realty Trust from $36.00 to $35.00 and set an "overweight" rating for the company in a research report on Tuesday, February 4th. Mizuho upped their price target on Essential Properties Realty Trust from $31.00 to $35.00 and gave the company an "outperform" rating in a research report on Thursday, November 14th. Capital One Financial started coverage on Essential Properties Realty Trust in a research note on Wednesday, February 12th. They set an "overweight" rating and a $35.00 price objective on the stock. Finally, B. Riley lowered shares of Essential Properties Realty Trust from a "buy" rating to a "neutral" rating and increased their price objective for the stock from $29.50 to $33.50 in a research note on Wednesday, February 19th. Three analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to data from MarketBeat, Essential Properties Realty Trust presently has an average rating of "Moderate Buy" and an average target price of $34.48.

Insider Activity at Essential Properties Realty Trust

In other news, Director Stephen D. Sautel sold 12,500 shares of the business's 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 directly owns 178,785 shares of the company's stock, valued at $5,817,663.90. The trade was a 6.53 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.81% of the company's stock.

Essential Properties Realty Trust Price Performance

NYSE EPRT traded down $0.38 on Thursday, reaching $31.73. 1,211,941 shares of the stock traded hands, compared to its average volume of 1,214,510. Essential Properties Realty Trust, Inc. has a 12 month low of $24.53 and a 12 month high of $34.88. The company has a quick ratio of 5.36, a current ratio of 5.36 and a debt-to-equity ratio of 0.59. The firm's fifty day simple moving average is $31.65 and its 200 day simple moving average is $32.37. The company has a market cap of $5.96 billion, a price-to-earnings ratio of 27.83, a P/E/G ratio of 2.90 and a beta of 1.36.

Essential Properties Realty Trust (NYSE:EPRT - Get Free Report) last released 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 return on equity of 6.12% and a net margin of 45.15%. As a group, research analysts predict that Essential Properties Realty Trust, Inc. will post 1.83 EPS for the current fiscal year.

Essential Properties Realty Trust Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, January 14th. Investors of record on Tuesday, December 31st were paid a dividend of $0.295 per share. The ex-dividend date was Tuesday, December 31st. This is a positive change from Essential Properties Realty Trust's previous quarterly dividend of $0.29. This represents a $1.18 annualized dividend and a yield of 3.72%. Essential Properties Realty Trust's dividend payout ratio is currently 103.51%.

About Essential Properties Realty Trust

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.