1 week Ago By ABMN Staff
Mariner LLC increased its holdings in Essential Properties Realty Trust, Inc. ( NYSE:EPRT – Free Report ) by 5.1% in the fourth quarter, Holdings Channel reports.
The fund owned 31,502 shares of the company’s stock after purchasing an additional 1,534 shares during the quarter. Mariner LLC’s holdings in Essential Properties Realty Trust were worth $985,000 as of its most recent SEC filing. A number of other institutional investors have also added to or reduced their stakes in EPRT.
Crowley Wealth Management Inc. bought a new stake in Essential Properties Realty Trust during the fourth quarter valued at about $28,000. MassMutual Private Wealth & Trust FSB boosted its holdings in shares of Essential Properties Realty Trust by 74.
5% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,096 shares of the company’s stock valued at $34,000 after buying an additional 468 shares in the last quarter. Jones Financial Companies Lllp grew its position in shares of Essential Properties Realty Trust by 1,834.
4% in the 4th quarter. Jones Financial Companies Lllp now owns 1,180 shares of the company’s stock worth $37,000 after buying an additional 1,119 shares during the last quarter. Versant Capital Management Inc lifted its position in Essential Properties Realty Trust by 215.
4% during the fourth 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 boosted its stake in Essential Properties Realty Trust by 275.
5% in the fourth quarter. Smartleaf Asset Management LLC now owns 2,456 shares of the company’s stock valued at $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. Analyst Upgrades and Downgrades A number of brokerages have recently issued reports on EPRT. Scotiabank reduced their price target on 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 lowered their price target 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. B.
Riley downgraded shares of Essential Properties Realty Trust from a “buy” rating to a “neutral” rating and upped their price objective for the company from $29.50 to $33.50 in a report on Wednesday, February 19th.
Finally, Capital One Financial assumed coverage on shares of Essential Properties Realty Trust in a research note on Wednesday, February 12th. They issued an “overweight” rating and a $35.00 target price for the company.
Three investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $34.
91. Essential Properties Realty Trust Stock Performance NYSE EPRT opened at $31.70 on Monday.
The firm has a market capitalization of $5.95 billion, a P/E ratio of 27.81, a PEG ratio of 2.
90 and a beta of 1.08. The stock has a 50-day simple moving average of $31.
67 and a two-hundred day simple moving average of $32.08. The company has a debt-to-equity ratio of 0.
59, a quick ratio of 5.36 and a current ratio of 5.36.
Essential Properties Realty Trust, Inc. has a fifty-two week low of $25.86 and a fifty-two week high of $34.
88. Essential Properties Realty Trust ( NYSE:EPRT – Get Free Report ) last announced its quarterly earnings results on Wednesday, February 12th. The company reported $0.
45 earnings per share for the quarter, beating the consensus estimate 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%.
On average, equities analysts forecast that Essential Properties Realty Trust, Inc. will post 1.83 earnings per share for the current year.
Essential Properties Realty Trust Announces Dividend The company also recently declared a quarterly dividend, which was paid on Friday, April 11th. Investors of record on Monday, March 31st were issued a dividend of $0.295 per share.
This represents a $1.18 dividend on an annualized basis and a yield of 3.72%.
The ex-dividend date of this dividend was Monday, March 31st. Essential Properties Realty Trust’s dividend payout ratio (DPR) is presently 103.51%.
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 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 directly owns 178,785 shares in the company, valued at $5,817,663.
90. The trade was a 6.53 % decrease in their ownership of the stock.
The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link . 0.81% of the stock is owned by company insiders.
Essential Properties Realty Trust Profile ( Free Report ) 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. See Also Want to see what other hedge funds are holding EPRT? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Essential Properties Realty Trust, Inc. ( NYSE:EPRT – Free Report ). Receive News & Ratings for Essential Properties Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Essential Properties Realty Trust and related companies with MarketBeat.
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