Susquehanna Fundamental Investments LLC Invests $6.21 Million in Essential Properties Realty Trust, Inc. (NYSE:EPRT)

Susquehanna Fundamental Investments LLC acquired a new position in shares of Essential Properties Realty Trust, Inc. (NYSE:EPRT - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 198,532 shares of the company's stock, valued at approximately $6,210,000. Susquehanna Fundamental Investments LLC owned about 0.11% of Essential Properties Realty Trust as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in EPRT. Crowley Wealth Management Inc. acquired a new stake in Essential Properties Realty Trust in the 4th quarter worth about $28,000. MassMutual Private Wealth & Trust FSB raised its position 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 worth $34,000 after buying an additional 468 shares during the period. Jones Financial Companies Lllp lifted its stake 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 valued at $37,000 after purchasing an additional 1,119 shares in the last quarter. Versant Capital Management Inc grew its stake 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 worth $38,000 after buying an additional 827 shares during the period. Finally, Smartleaf Asset Management LLC increased its holdings in Essential Properties Realty Trust by 275.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,456 shares of the company's stock valued at $77,000 after purchasing an additional 1,802 shares in the last quarter. Institutional investors and hedge funds own 96.98% of the company's stock.

Analyst Upgrades and Downgrades

EPRT has been the topic of a number of recent research reports. B. Riley cut Essential Properties Realty Trust from a "buy" rating to a "neutral" rating and boosted their price objective for the stock from $29.50 to $33.50 in a research note on Wednesday, February 19th. Barclays decreased 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. Capital One Financial began coverage on shares of Essential Properties Realty Trust in a research note on Wednesday, February 12th. They set an "overweight" rating and a $35.00 price objective on the stock. Finally, Scotiabank decreased their target price on shares of Essential Properties Realty Trust from $33.00 to $32.00 and set a "sector perform" rating for the company in a research note on Friday, February 28th. Three analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $34.91.

Essential Properties Realty Trust Stock Performance

Shares of EPRT traded up $0.06 during mid-day trading on Friday, hitting $31.97. The stock had a trading volume of 891,882 shares, compared to its average volume of 1,427,978. Essential Properties Realty Trust, Inc. has a fifty-two week low of $26.07 and a fifty-two week 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 company has a market cap of $6.31 billion, a PE ratio of 28.04, a PEG ratio of 2.90 and a beta of 1.09. The company's fifty day simple moving average is $31.67 and its two-hundred day simple moving average is $32.05.

Essential Properties Realty Trust (NYSE:EPRT - Get Free Report) last released 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%. The business'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 earned $0.42 EPS. On average, equities analysts expect that Essential Properties Realty Trust, Inc. will post 1.83 earnings per share for the current year.

Essential Properties Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 11th. Investors of record on Monday, March 31st were paid a dividend of $0.295 per share. The ex-dividend date of this dividend was Monday, March 31st. This represents a $1.18 annualized dividend and a yield of 3.69%. Essential Properties Realty Trust's dividend payout ratio (DPR) is 102.61%.

Insiders Place Their Bets

In other Essential Properties Realty Trust news, Director Stephen D. Sautel sold 30,000 shares of the stock in a transaction on Monday, February 24th. The stock was sold at an average price of $31.99, for a total value of $959,700.00. Following the sale, the director now directly owns 218,785 shares of the company's stock, valued at $6,998,932.15. This trade represents a 12.06 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.77% of the stock is currently owned by corporate insiders.

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.