Two Sigma Advisers LP Purchases 50,100 Shares of Essential Properties Realty Trust, Inc. (NYSE:EPRT)

Two Sigma Advisers LP boosted its holdings in Essential Properties Realty Trust, Inc. (NYSE:EPRT - Free Report) by 57.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 137,100 shares of the company's stock after buying an additional 50,100 shares during the period. Two Sigma Advisers LP owned approximately 0.08% of Essential Properties Realty Trust worth $4,288,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Barclays PLC increased its position in Essential Properties Realty Trust by 37.4% in the 4th quarter. Barclays PLC now owns 409,365 shares of the company's stock worth $12,805,000 after buying an additional 111,376 shares during the period. Truist Financial Corp bought a new stake in shares of Essential Properties Realty Trust during the fourth quarter valued at approximately $287,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in shares of Essential Properties Realty Trust by 38.6% during the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 94,169 shares of the company's stock valued at $2,946,000 after purchasing an additional 26,234 shares during the period. Charles Schwab Investment Management Inc. increased its position in shares of Essential Properties Realty Trust by 1.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,872,955 shares of the company's stock valued at $89,866,000 after purchasing an additional 43,179 shares during the period. Finally, Proficio Capital Partners LLC bought a new stake in shares of Essential Properties Realty Trust during the fourth quarter valued at approximately $346,000. 96.98% of the stock is owned by institutional investors.

Essential Properties Realty Trust Price Performance

Essential Properties Realty Trust stock traded up $0.05 on Friday, reaching $32.50. The company's stock had a trading volume of 290,734 shares, compared to its average volume of 1,578,481. The company has a debt-to-equity ratio of 0.59, a quick ratio of 5.36 and a current ratio of 5.36. The company has a market cap of $6.42 billion, a price-to-earnings ratio of 28.50, a PEG ratio of 2.90 and a beta of 1.09. The business's fifty day moving average price is $31.69 and its 200 day moving average price is $31.95. Essential Properties Realty Trust, Inc. has a twelve month low of $26.07 and a twelve month high of $34.88.

Essential Properties Realty Trust (NYSE:EPRT - Get Free Report) last posted its quarterly earnings data on Wednesday, April 23rd. The company reported $0.45 EPS for the quarter, missing analysts' consensus estimates of $0.46 by ($0.01). The business had revenue of $129.35 million during the quarter, compared to analyst estimates of $124.88 million. Essential Properties Realty Trust had a return on equity of 6.12% and a net margin of 45.15%. Essential Properties Realty Trust's revenue for the quarter was up 24.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.42 EPS. Equities analysts expect that Essential Properties Realty Trust, Inc. will post 1.83 earnings per share for the current fiscal year.

Essential Properties Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 11th. Shareholders of record on Monday, March 31st were paid a $0.295 dividend. This represents a $1.18 dividend on an annualized basis and a yield of 3.63%. The ex-dividend date was Monday, March 31st. Essential Properties Realty Trust's dividend payout ratio is currently 102.61%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on EPRT shares. UBS Group lowered their price objective on Essential Properties Realty Trust from $40.00 to $37.00 and set a "buy" rating on the stock in a research report on Tuesday, May 13th. Capital One Financial started coverage on Essential Properties Realty Trust in a research report on Wednesday, February 12th. They set an "overweight" rating and a $35.00 price objective on the stock. B. Riley cut Essential Properties Realty Trust from a "buy" rating to a "neutral" rating and boosted their price objective for the company from $29.50 to $33.50 in a research report on Wednesday, February 19th. Barclays restated an "overweight" rating and set a $37.00 price objective (up from $35.00) on shares of Essential Properties Realty Trust in a research report on Wednesday, May 21st. Finally, Scotiabank boosted their price target on Essential Properties Realty Trust from $32.00 to $33.00 and gave the company a "sector perform" rating in a research note on Monday, May 12th. Three research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. According to data from MarketBeat, Essential Properties Realty Trust has an average rating of "Moderate Buy" and an average target price 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.