88,181 Shares in Essential Properties Realty Trust, Inc. $EPRT Bought by Quantbot Technologies LP

Quantbot Technologies LP bought a new position in shares of Essential Properties Realty Trust, Inc. (NYSE:EPRT) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 88,181 shares of the company’s stock, valued at approximately $2,632,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in EPRT. EverSource Wealth Advisors LLC grew its position in shares of Essential Properties Realty Trust by 82.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 899 shares of the company’s stock valued at $27,000 after acquiring an additional 405 shares during the period. Assetmark Inc. raised its holdings in shares of Essential Properties Realty Trust by 47.8% in the 1st quarter. Assetmark Inc. now owns 1,339 shares of the company’s stock valued at $41,000 after purchasing an additional 433 shares during the period. Global Retirement Partners LLC bought a new stake in shares of Essential Properties Realty Trust in the 2nd quarter valued at about $41,000. Clearstead Advisors LLC lifted its stake in Essential Properties Realty Trust by 664.4% in the 4th quarter. Clearstead Advisors LLC now owns 1,590 shares of the company’s stock valued at $47,000 after purchasing an additional 1,382 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd lifted its stake in Essential Properties Realty Trust by 273.6% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,614 shares of the company’s stock valued at $48,000 after purchasing an additional 1,182 shares during the last quarter. 96.98% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on EPRT. Wells Fargo & Company boosted their price target on Essential Properties Realty Trust from $35.00 to $36.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. Barclays cut their price objective on Essential Properties Realty Trust from $40.00 to $37.00 and set an “overweight” rating for the company in a research report on Wednesday, July 22nd. Weiss Ratings upgraded Essential Properties Realty Trust from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, August 17th. Stifel Nicolaus boosted their target price on Essential Properties Realty Trust from $36.00 to $36.25 and gave the stock a “buy” rating in a report on Thursday, July 23rd. Finally, Wall Street Zen cut Essential Properties Realty Trust from a “hold” rating to a “sell” rating in a research note on Saturday. One research analyst has rated the stock with a Strong Buy rating and eleven have issued a Buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $36.20.

Insider Buying and Selling

In other Essential Properties Realty Trust news, COO Robert M. Jenkins sold 22,000 shares of the company’s stock in a transaction on Friday, July 24th. The stock was sold at an average price of $32.22, for a total value of $708,840.00. Following the transaction, the chief operating officer directly owned 34,168 shares of the company’s stock, valued at $1,100,892.96. This represents a 39.17% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 0.77% of the stock is currently owned by corporate insiders.

Essential Properties Realty Trust Trading Up 0.1%

Shares of EPRT stock opened at $30.88 on Monday. The firm has a 50 day moving average price of $31.06 and a two-hundred day moving average price of $31.55. The company has a quick ratio of 8.17, a current ratio of 8.17 and a debt-to-equity ratio of 0.65. The company has a market capitalization of $6.68 billion, a PE ratio of 23.94, a price-to-earnings-growth ratio of 2.49 and a beta of 0.86. Essential Properties Realty Trust, Inc. has a 12-month low of $28.95 and a 12-month high of $34.73.

Essential Properties Realty Trust (NYSE:EPRT) last posted its earnings results on Wednesday, July 22nd. The company reported $0.34 EPS for the quarter, beating the consensus estimate of $0.33 by $0.01. The company had revenue of $161.89 million for the quarter, compared to the consensus estimate of $156.65 million. Essential Properties Realty Trust had a return on equity of 6.34% and a net margin of 43.51%.The firm’s revenue for the quarter was up 18.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.46 earnings per share. Essential Properties Realty Trust has set its FY 2026 guidance at 2.010-2.050 EPS. As a group, analysts predict that Essential Properties Realty Trust, Inc. will post 1.97 earnings per share for the current year.

Essential Properties Realty Trust Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 14th. Investors of record on Tuesday, June 30th were paid a $0.32 dividend. This is a boost from Essential Properties Realty Trust’s previous quarterly dividend of $0.31. The ex-dividend date was Tuesday, June 30th. This represents a $1.28 annualized dividend and a yield of 4.1%. Essential Properties Realty Trust’s dividend payout ratio is presently 99.22%.

Essential Properties Realty Trust Profile

Essential Properties Realty Trust, Inc (NYSE: EPRT) is a self-administered real estate investment trust that acquires, owns and manages single-tenant commercial properties subject to long-term, triple-net leases. The company’s portfolio primarily consists of small-box retail and industrial assets, including convenience stores, automotive service centers, quick-service restaurants, fitness centers and other necessity-based businesses. Under a triple-net lease structure, tenants assume responsibility for property taxes, insurance and most maintenance expenses, providing Essential Properties with predictable, stable cash flows.

Since its founding in April 2016 and its initial public offering later that year, Essential Properties has pursued a growth strategy focused on partnering with creditworthy tenants operating in densely populated trade areas.