Susquehanna Fundamental Investments LLC Takes Position in Essential Properties Realty Trust, Inc. (NYSE:EPRT)

Susquehanna Fundamental Investments LLC purchased a new stake in shares of Essential Properties Realty Trust, Inc. (NYSE:EPRT - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 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.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Morse Asset Management Inc purchased a new stake in Essential Properties Realty Trust during the 3rd quarter valued at about $79,000. Barclays PLC grew its position in Essential Properties Realty Trust by 118.6% during the 3rd quarter. Barclays PLC now owns 297,989 shares of the company's stock valued at $10,176,000 after purchasing an additional 161,697 shares during the last quarter. World Investment Advisors LLC purchased a new stake in Essential Properties Realty Trust during the 3rd quarter valued at about $448,000. Tidal Investments LLC grew its position in Essential Properties Realty Trust by 30.7% during the 3rd quarter. Tidal Investments LLC now owns 31,280 shares of the company's stock valued at $1,068,000 after purchasing an additional 7,339 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its position in Essential Properties Realty Trust by 6.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,594,775 shares of the company's stock valued at $54,462,000 after purchasing an additional 98,467 shares during the last quarter. 96.98% of the stock is currently owned by institutional investors.

Essential Properties Realty Trust Stock Up 0.8 %

Essential Properties Realty Trust stock traded up $0.27 during trading on Wednesday, reaching $32.20. 2,141,533 shares of the company's stock were exchanged, compared to its average volume of 1,427,960. The company's 50-day moving average is $31.68 and its two-hundred day moving average is $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 52-week low of $26.07 and a 52-week high of $34.88. The firm has a market cap of $6.36 billion, a price-to-earnings ratio of 28.25, a PEG ratio of 2.90 and a beta of 1.08.

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

Essential Properties Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, April 11th. Shareholders of record on Monday, March 31st were given a dividend of $0.295 per share. The ex-dividend date of this dividend was Monday, March 31st. This represents a $1.18 dividend on an annualized basis and a yield of 3.66%. Essential Properties Realty Trust's payout ratio is currently 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 transaction of $959,700.00. Following the completion of the transaction, the director now directly owns 218,785 shares in the company, valued at $6,998,932.15. This represents a 12.06 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.81% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on EPRT. B. Riley downgraded shares of Essential Properties Realty Trust from a "buy" rating to a "neutral" rating and raised their price target for the company from $29.50 to $33.50 in a report on Wednesday, February 19th. Scotiabank dropped their price objective on shares of Essential Properties Realty Trust from $33.00 to $32.00 and set a "sector perform" rating on the stock in a report on Friday, February 28th. Capital One Financial started coverage on shares of Essential Properties Realty Trust in a report on Wednesday, February 12th. They issued an "overweight" rating and a $35.00 price objective on the stock. Finally, Barclays dropped their price objective on shares of Essential Properties Realty Trust from $36.00 to $35.00 and set an "overweight" rating on the stock in a report on Tuesday, February 4th. Three equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $34.91.

About Essential Properties Realty Trust

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.