Asset Management One Co. Ltd. Raises Holdings in Essential Properties Realty Trust, Inc. $EPRT

Asset Management One Co. Ltd. lifted its holdings in shares of Essential Properties Realty Trust, Inc. (NYSE:EPRT) by 7.9% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 406,887 shares of the company’s stock after purchasing an additional 29,828 shares during the period. Asset Management One Co. Ltd.’s holdings in Essential Properties Realty Trust were worth $12,984,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. TD Private Client Wealth LLC acquired a new stake in Essential Properties Realty Trust during the second quarter worth approximately $25,000. Headlands Technologies LLC acquired a new stake in Essential Properties Realty Trust during the first quarter worth approximately $80,000. BI Asset Management Fondsmaeglerselskab A S acquired a new stake in Essential Properties Realty Trust during the first quarter worth approximately $92,000. Archer Investment Corp acquired a new stake in Essential Properties Realty Trust during the first quarter worth approximately $119,000. Finally, GAMMA Investing LLC boosted its position in Essential Properties Realty Trust by 21.5% during the second quarter. GAMMA Investing LLC now owns 5,003 shares of the company’s stock worth $160,000 after acquiring an additional 885 shares during the last quarter. 96.98% of the stock is owned by hedge funds and other institutional investors.

Essential Properties Realty Trust Stock Performance

Shares of EPRT stock opened at $31.11 on Monday. The company’s fifty day simple moving average is $30.35 and its 200-day simple moving average is $31.18. Essential Properties Realty Trust, Inc. has a 52 week low of $27.44 and a 52 week high of $34.88. The company has a current ratio of 5.66, a quick ratio of 5.66 and a debt-to-equity ratio of 0.68. The company has a market cap of $6.16 billion, a PE ratio of 25.08, a P/E/G ratio of 2.35 and a beta of 1.12.

Essential Properties Realty Trust (NYSE:EPRT) last issued its earnings results on Wednesday, October 22nd. The company reported $0.48 EPS for the quarter, meeting analysts’ consensus estimates of $0.48. Essential Properties Realty Trust had a net margin of 45.25% and a return on equity of 6.38%. The business had revenue of $136.54 million for the quarter, compared to the consensus estimate of $140.42 million. During the same quarter last year, the firm posted $0.43 EPS. The business’s revenue for the quarter was up 23.7% compared to the same quarter last year. Essential Properties Realty Trust has set its FY 2026 guidance at 1.980-2.040 EPS. FY 2025 guidance at 1.870-1.890 EPS. As a group, equities research analysts anticipate that Essential Properties Realty Trust, Inc. will post 1.83 EPS for the current year.

Essential Properties Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 14th. Stockholders of record on Tuesday, September 30th were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend was Tuesday, September 30th. Essential Properties Realty Trust’s dividend payout ratio (DPR) is currently 96.77%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the stock. Weiss Ratings restated a “buy (b)” rating on shares of Essential Properties Realty Trust in a research report on Wednesday, October 8th. Evercore ISI upgraded shares of Essential Properties Realty Trust from an “in-line” rating to an “outperform” rating and raised their target price for the stock from $34.00 to $36.00 in a research report on Monday, September 15th. Cantor Fitzgerald raised their target price on shares of Essential Properties Realty Trust from $35.00 to $36.00 and gave the stock an “overweight” rating in a research report on Friday. Barclays decreased their price target on shares of Essential Properties Realty Trust from $37.00 to $36.00 and set an “overweight” rating on the stock in a report on Monday, July 21st. Finally, Stifel Nicolaus set a $36.00 price target on shares of Essential Properties Realty Trust in a report on Thursday. Twelve investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $35.35.

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.