Essential Properties Realty Trust, Inc. (NYSE:EPRT) Holdings Raised by Jump Financial LLC

Jump Financial LLC lifted its stake in shares of Essential Properties Realty Trust, Inc. (NYSE:EPRT - Free Report) by 222.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 97,415 shares of the company's stock after acquiring an additional 67,238 shares during the period. Jump Financial LLC owned 0.06% of Essential Properties Realty Trust worth $3,047,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Crowley Wealth Management Inc. purchased a new position in Essential Properties Realty Trust during the fourth quarter worth about $28,000. MassMutual Private Wealth & Trust FSB grew its position in 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 valued at $34,000 after acquiring an additional 468 shares in the last quarter. Jones Financial Companies Lllp grew its position 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 grew its position in Essential Properties Realty Trust by 215.4% in 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 in the last quarter. Finally, Smartleaf Asset Management LLC grew its position in shares of Essential Properties Realty Trust by 275.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 2,456 shares of the company's stock worth $77,000 after buying an additional 1,802 shares in the last quarter. Institutional investors and hedge funds own 96.98% of the company's stock.

Insider Activity at Essential Properties Realty Trust

In related news, Director Stephen D. Sautel sold 12,500 shares of the company's stock in a transaction that occurred on Wednesday, February 26th. The shares were 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 owns 178,785 shares in the company, valued at approximately $5,817,663.90. This represents a 6.53 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.81% of the stock is owned by insiders.

Essential Properties Realty Trust Price Performance

NYSE:EPRT traded down $0.20 during trading hours on Wednesday, reaching $32.03. 430,833 shares of the company's stock were exchanged, compared to its average volume of 1,628,209. The company has a market capitalization of $6.01 billion, a P/E ratio of 28.10, a price-to-earnings-growth ratio of 2.90 and a beta of 1.08. Essential Properties Realty Trust, Inc. has a 12 month low of $25.60 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 business's 50-day simple moving average is $31.65 and its two-hundred day simple moving average is $32.10.

Essential Properties Realty Trust (NYSE:EPRT - Get Free Report) last issued its earnings results on Wednesday, February 12th. The company reported $0.45 earnings per share for the quarter, topping analysts' consensus estimates of $0.31 by $0.14. Essential Properties Realty Trust had a net margin of 45.15% and a return on equity of 6.12%. Sell-side 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 Friday, April 11th. Investors of record on Monday, March 31st were given a $0.295 dividend. The ex-dividend date was Monday, March 31st. This represents a $1.18 annualized dividend and a dividend yield of 3.68%. Essential Properties Realty Trust's dividend payout ratio (DPR) is presently 103.51%.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. Barclays decreased their price target on shares of 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. Scotiabank cut their target price on Essential Properties Realty Trust from $33.00 to $32.00 and set a "sector perform" rating on the stock in a research note on Friday, February 28th. Capital One Financial started coverage on Essential Properties Realty Trust in a research note on Wednesday, February 12th. They issued an "overweight" rating and a $35.00 target price on the stock. Finally, B. Riley cut Essential Properties Realty Trust from a "buy" rating to a "neutral" rating and raised their target price for the company from $29.50 to $33.50 in a research note on Wednesday, February 19th. Three research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. Based on data from MarketBeat.com, Essential Properties Realty Trust presently has an average rating of "Moderate Buy" and an average price target of $34.91.

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.