Essential Properties Realty Trust, Inc. (NYSE:EPRT) Shares Acquired by Smartleaf Asset Management LLC

Smartleaf Asset Management LLC increased its stake in shares of Essential Properties Realty Trust, Inc. (NYSE:EPRT) by 275.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,456 shares of the company’s stock after purchasing an additional 1,802 shares during the quarter. Smartleaf Asset Management LLC’s holdings in Essential Properties Realty Trust were worth $77,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of EPRT. Sumitomo Mitsui Trust Group Inc. grew its position in shares of Essential Properties Realty Trust by 26.5% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 244,424 shares of the company’s stock worth $8,347,000 after buying an additional 51,196 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its stake in Essential Properties Realty Trust by 33.0% in the third quarter. Massachusetts Financial Services Co. MA now owns 2,503,405 shares of the company’s stock worth $85,491,000 after acquiring an additional 621,445 shares during the last quarter. Thrivent Financial for Lutherans lifted its stake in Essential Properties Realty Trust by 4.0% in the third quarter. Thrivent Financial for Lutherans now owns 1,712,800 shares of the company’s stock worth $58,492,000 after acquiring an additional 66,058 shares during the last quarter. Barclays PLC grew its holdings in Essential Properties Realty Trust by 118.6% during the 3rd quarter. Barclays PLC now owns 297,989 shares of the company’s stock worth $10,176,000 after acquiring an additional 161,697 shares in the last quarter. Finally, FMR LLC increased its position in shares of Essential Properties Realty Trust by 1.9% in the 3rd quarter. FMR LLC now owns 4,138,674 shares of the company’s stock valued at $141,336,000 after purchasing an additional 76,475 shares during the last quarter. Hedge funds and other institutional investors own 96.98% of the company’s stock.

Insider Buying and Selling at Essential Properties Realty Trust

In other news, Director Stephen D. Sautel sold 12,500 shares of the business’s stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $32.54, for a total transaction of $406,750.00. Following the transaction, the director now directly owns 178,785 shares in the company, valued at $5,817,663.90. The trade was a 6.53 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.81% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on EPRT shares. 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 target price for the company. Deutsche Bank Aktiengesellschaft started coverage on Essential Properties Realty Trust in a report on Wednesday, December 11th. They set a “buy” rating and a $38.00 price target for the company. Scotiabank dropped their price objective on 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. UBS Group boosted their target price on Essential Properties Realty Trust from $39.00 to $40.00 and gave the stock a “buy” rating in a research note on Thursday, November 14th. Finally, Mizuho upped their price target on Essential Properties Realty Trust from $31.00 to $35.00 and gave the company an “outperform” rating in a report on Thursday, November 14th. Three research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $34.48.

Essential Properties Realty Trust Stock Up 1.8 %

EPRT stock opened at $32.29 on Monday. The company has a market cap of $6.06 billion, a price-to-earnings ratio of 28.32, a price-to-earnings-growth ratio of 2.90 and a beta of 1.36. The company has a fifty day moving average price of $31.66 and a 200 day moving average price of $32.40. The company has a debt-to-equity ratio of 0.59, a current ratio of 5.36 and a quick ratio of 5.36. Essential Properties Realty Trust, Inc. has a 12 month low of $24.72 and a 12 month high of $34.88.

Essential Properties Realty Trust (NYSE:EPRT) last announced its earnings results on Wednesday, February 12th. The company reported $0.45 earnings per share for the quarter, topping the consensus estimate 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 earnings per share for the current year.

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.