Essential Properties Realty Trust, Inc. (NYSE:EPRT) Shares Bought by Natixis Advisors LLC

Natixis Advisors LLC raised its holdings in shares of Essential Properties Realty Trust, Inc. (NYSE:EPRT) by 1.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 46,270 shares of the company’s stock after acquiring an additional 851 shares during the quarter. Natixis Advisors LLC’s holdings in Essential Properties Realty Trust were worth $1,447,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. MassMutual Private Wealth & Trust FSB lifted its position in Essential Properties Realty Trust by 74.5% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 1,096 shares of the company’s stock valued at $34,000 after acquiring an additional 468 shares during the last quarter. Jones Financial Companies Lllp increased its position in shares of Essential Properties Realty Trust by 1,834.4% during the fourth quarter. Jones Financial Companies Lllp now owns 1,180 shares of the company’s stock worth $37,000 after purchasing an additional 1,119 shares in the last quarter. Versant Capital Management Inc lifted its holdings in shares of Essential Properties Realty Trust by 215.4% in the 4th quarter. Versant Capital Management Inc now owns 1,211 shares of the company’s stock valued at $38,000 after purchasing an additional 827 shares during the last quarter. Smartleaf Asset Management LLC boosted its position in shares of 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 during the period. Finally, Morse Asset Management Inc purchased a new position in Essential Properties Realty Trust during the 3rd quarter worth approximately $79,000. Hedge funds and other institutional investors own 96.98% of the company’s stock.

Essential Properties Realty Trust Stock Performance

NYSE EPRT opened at $32.38 on Wednesday. The stock has a market capitalization of $6.08 billion, a price-to-earnings ratio of 28.40, a PEG ratio of 2.90 and a beta of 1.36. The business’s 50 day moving average is $31.76 and its two-hundred day moving average is $32.39. Essential Properties Realty Trust, Inc. has a 12-month low of $24.72 and a 12-month high of $34.88. The company has a current ratio of 5.36, a quick ratio of 5.36 and a debt-to-equity ratio of 0.59.

Essential Properties Realty Trust (NYSE:EPRT) last released its quarterly earnings data on Wednesday, February 12th. The company reported $0.45 earnings per share (EPS) 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%. Research analysts expect that Essential Properties Realty Trust, Inc. will post 1.83 EPS for the current year.

Essential Properties Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 11th. Investors of record on Monday, March 31st will be paid a $0.295 dividend. This represents a $1.18 annualized dividend and a dividend yield of 3.64%. The ex-dividend date is Monday, March 31st. Essential Properties Realty Trust’s dividend payout ratio (DPR) is 103.51%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Barclays reduced their price objective on Essential Properties Realty Trust from $36.00 to $35.00 and set an “overweight” rating for the company in a research note on Tuesday, February 4th. Scotiabank decreased their price target 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. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Essential Properties Realty Trust in a research report on Wednesday, December 11th. They set a “buy” rating and a $38.00 price objective on the stock. Capital One Financial assumed coverage on shares of Essential Properties Realty Trust in a report on Wednesday, February 12th. They issued an “overweight” rating and a $35.00 target price for the company. Finally, B. Riley lowered Essential Properties Realty Trust from a “buy” rating to a “neutral” rating and raised their price target for the stock from $29.50 to $33.50 in a report on Wednesday, February 19th. Three analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $34.91.

Insider Activity at Essential Properties Realty Trust

In related news, Director Stephen D. Sautel sold 12,500 shares of the firm’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 transaction, the director now directly owns 178,785 shares of the company’s stock, valued at $5,817,663.90. This trade represents a 6.53 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 0.81% of the company’s stock.

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.