11,073 Shares in Essential Properties Realty Trust, Inc. (NYSE:EPRT) Purchased by Proficio Capital Partners LLC

Proficio Capital Partners LLC acquired a new position in shares of Essential Properties Realty Trust, Inc. (NYSE:EPRT) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 11,073 shares of the company’s stock, valued at approximately $346,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. MassMutual Private Wealth & Trust FSB increased its position in shares of Essential Properties Realty Trust by 74.5% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,096 shares of the company’s stock worth $34,000 after purchasing an additional 468 shares during the last quarter. Versant Capital Management Inc increased its position in shares of Essential Properties Realty Trust by 215.4% during the 4th quarter. Versant Capital Management Inc now owns 1,211 shares of the company’s stock worth $38,000 after purchasing an additional 827 shares during the last quarter. Morse Asset Management Inc acquired a new stake in shares of Essential Properties Realty Trust during the 3rd quarter worth about $79,000. Advisors Asset Management Inc. increased its position in shares of Essential Properties Realty Trust by 58.6% during the 3rd quarter. Advisors Asset Management Inc. now owns 3,218 shares of the company’s stock worth $110,000 after purchasing an additional 1,189 shares during the last quarter. Finally, GAMMA Investing LLC increased its position in shares of Essential Properties Realty Trust by 24.0% during the 4th quarter. GAMMA Investing LLC now owns 3,935 shares of the company’s stock worth $123,000 after purchasing an additional 762 shares during the last quarter. 96.98% of the stock is owned by institutional investors and hedge funds.

Essential Properties Realty Trust Price Performance

EPRT stock opened at $31.59 on Tuesday. The business has a 50 day moving average price of $31.67 and a 200 day moving average price of $32.40. The stock has a market cap of $5.93 billion, a price-to-earnings ratio of 27.71, a PEG ratio of 2.90 and a beta of 1.36. Essential Properties Realty Trust, Inc. has a fifty-two week low of $24.72 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.

Essential Properties Realty Trust (NYSE:EPRT) last posted 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 return on equity of 6.12% and a net margin of 45.15%. Equities research analysts anticipate that Essential Properties Realty Trust, Inc. will post 1.83 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Essential Properties Realty Trust news, Director Stephen D. Sautel sold 12,500 shares of the business’s stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $32.54, for a total value of $406,750.00. Following the completion of the sale, the director now owns 178,785 shares in the company, valued at approximately $5,817,663.90. The trade was a 6.53 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.81% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Capital One Financial began 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 for the company. Mizuho lifted their target price on Essential Properties Realty Trust from $31.00 to $35.00 and gave the company an “outperform” rating in a research report on Thursday, November 14th. Barclays dropped their target price on Essential Properties Realty Trust from $36.00 to $35.00 and set an “overweight” rating for the company in a research report on Tuesday, February 4th. Deutsche Bank Aktiengesellschaft began coverage on Essential Properties Realty Trust in a research report on Wednesday, December 11th. They issued a “buy” rating and a $38.00 target price for the company. Finally, UBS Group lifted their target price on Essential Properties Realty Trust from $39.00 to $40.00 and gave the company a “buy” rating in a research report on Thursday, November 14th. Three equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $34.48.

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.