Intech Investment Management LLC Has $3.16 Million Holdings in Essential Properties Realty Trust, Inc. $EPRT

Intech Investment Management LLC grew its stake in Essential Properties Realty Trust, Inc. (NYSE:EPRT) by 28.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 98,992 shares of the company’s stock after purchasing an additional 22,033 shares during the period. Intech Investment Management LLC’s holdings in Essential Properties Realty Trust were worth $3,159,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in EPRT. Invesco Ltd. grew its stake in shares of Essential Properties Realty Trust by 51.8% during the first quarter. Invesco Ltd. now owns 7,062,006 shares of the company’s stock worth $230,504,000 after buying an additional 2,410,278 shares during the last quarter. Nuveen LLC bought a new position in shares of Essential Properties Realty Trust in the 1st quarter valued at $59,546,000. Cbre Investment Management Listed Real Assets LLC acquired a new stake in shares of Essential Properties Realty Trust during the 2nd quarter valued at $37,828,000. Alyeska Investment Group L.P. grew its position in Essential Properties Realty Trust by 66.1% during the 1st quarter. Alyeska Investment Group L.P. now owns 2,959,948 shares of the company’s stock worth $96,613,000 after acquiring an additional 1,178,238 shares during the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in Essential Properties Realty Trust in the 1st quarter worth about $37,224,000. 96.98% of the stock is currently owned by institutional investors and hedge funds.

Essential Properties Realty Trust Trading Up 0.4%

NYSE:EPRT opened at $30.88 on Wednesday. Essential Properties Realty Trust, Inc. has a 12 month low of $27.44 and a 12 month 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 stock has a market capitalization of $6.12 billion, a price-to-earnings ratio of 24.91, a PEG ratio of 2.23 and a beta of 1.10. The firm has a fifty day simple moving average of $30.18 and a two-hundred day simple moving average of $31.03.

Essential Properties Realty Trust (NYSE:EPRT) last issued its earnings results on Wednesday, October 22nd. The company reported $0.48 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.48. Essential Properties Realty Trust had a return on equity of 6.38% and a net margin of 45.25%.The company had revenue of $144.93 million for the quarter, compared to analyst estimates of $140.42 million. During the same period in the prior year, the firm earned $0.43 earnings per share. Essential Properties Realty Trust’s revenue for the quarter was up 23.7% on a year-over-year basis. 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. Analysts expect that Essential Properties Realty Trust, Inc. will post 1.83 EPS for the current fiscal year.

Essential Properties Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 14th. Investors of record on Tuesday, September 30th were issued a dividend of $0.30 per share. The ex-dividend date was Tuesday, September 30th. This represents a $1.20 annualized dividend and a yield of 3.9%. Essential Properties Realty Trust’s payout ratio is 96.77%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. Evercore ISI upgraded Essential Properties Realty Trust from an “in-line” rating to an “outperform” rating and boosted their price target for the stock from $34.00 to $36.00 in a report on Monday, September 15th. Mizuho reduced their target price on shares of Essential Properties Realty Trust from $35.00 to $32.00 and set an “outperform” rating on the stock in a report on Thursday, September 11th. Stifel Nicolaus set a $36.00 price target on shares of Essential Properties Realty Trust in a research report on Thursday, October 23rd. UBS Group lifted their price target on shares of Essential Properties Realty Trust from $36.00 to $38.00 and gave the stock a “buy” rating in a report on Friday, August 15th. Finally, Cantor Fitzgerald boosted their price objective on shares of Essential Properties Realty Trust from $35.00 to $36.00 and gave the stock an “overweight” rating in a research note on Friday, October 24th. Eleven equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $35.46.

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.