Hsbc Holdings PLC Has $27.01 Million Stock Holdings in Essential Properties Realty Trust, Inc. $EPRT

Hsbc Holdings PLC trimmed its holdings in shares of Essential Properties Realty Trust, Inc. (NYSE:EPRT - Free Report) by 12.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 903,410 shares of the company's stock after selling 124,111 shares during the quarter. Hsbc Holdings PLC owned 0.42% of Essential Properties Realty Trust worth $27,008,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. EverSource Wealth Advisors LLC grew its stake in shares of Essential Properties Realty Trust by 82.0% in the fourth quarter. EverSource Wealth Advisors LLC now owns 899 shares of the company's stock worth $27,000 after purchasing an additional 405 shares during the last quarter. Assetmark Inc. raised its position in Essential Properties Realty Trust by 47.8% during the 1st quarter. Assetmark Inc. now owns 1,339 shares of the company's stock worth $41,000 after purchasing an additional 433 shares during the last quarter. Global Retirement Partners LLC acquired a new position in Essential Properties Realty Trust during the 2nd quarter worth about $41,000. Clearstead Advisors LLC lifted its holdings in Essential Properties Realty Trust by 664.4% during the 4th quarter. Clearstead Advisors LLC now owns 1,590 shares of the company's stock worth $47,000 after buying an additional 1,382 shares during the period. Finally, Caitong International Asset Management Co. Ltd grew its position in shares of 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 buying an additional 1,182 shares during the last quarter. Institutional investors own 96.98% of the company's stock.

Essential Properties Realty Trust Trading Up 0.8%

Shares of Essential Properties Realty Trust stock opened at $29.88 on Wednesday. The stock has a market capitalization of $6.46 billion, a PE ratio of 23.16, a price-to-earnings-growth ratio of 2.40 and a beta of 0.85. Essential Properties Realty Trust, Inc. has a 52 week low of $28.95 and a 52 week high of $34.73. The stock has a 50 day moving average price of $31.10 and a two-hundred day moving average price of $31.42. The company has a debt-to-equity ratio of 0.65, a quick ratio of 8.17 and a current ratio of 8.17.

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

Essential Properties Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 14th. Investors of record on Wednesday, September 30th will be issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date is Wednesday, September 30th. Essential Properties Realty Trust's dividend payout ratio is currently 99.22%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Mizuho decreased their price target on Essential Properties Realty Trust from $37.00 to $34.00 and set an "outperform" rating for the company in a research note on Wednesday, May 13th. Wells Fargo & Company upped their target price on Essential Properties Realty Trust from $35.00 to $36.00 and gave the company an "overweight" rating in a report on Monday, June 1st. Barclays lowered their price target on shares of Essential Properties Realty Trust from $40.00 to $37.00 and set an "overweight" rating for the company in a report on Wednesday, July 22nd. Cantor Fitzgerald upped their price objective on shares of Essential Properties Realty Trust from $36.00 to $37.00 and gave the company an "overweight" rating in a research note on Wednesday, July 29th. Finally, Weiss Ratings cut shares of Essential Properties Realty Trust from a "buy (b)" rating to a "buy (b-)" rating in a research report on Thursday, September 3rd. One analyst has rated the stock with a Strong Buy rating and eleven have given a Buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Buy" and an average target price of $36.20.

Insider Buying and Selling at Essential Properties Realty Trust

In related news, COO Robert M. Jenkins sold 22,000 shares of the firm's stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $32.22, for a total value of $708,840.00. Following the transaction, the chief operating officer owned 34,168 shares of the company's stock, valued at approximately $1,100,892.96. This trade represents a 39.17% 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. 0.77% of the stock is owned by corporate insiders.

Essential Properties Realty Trust Company 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.

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