Essential Properties Realty Trust, Inc. (NYSE:EPRT) Stake Raised by Signaturefd LLC

Signaturefd LLC increased its holdings in Essential Properties Realty Trust, Inc. (NYSE:EPRT) by 54.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,729 shares of the company’s stock after buying an additional 1,310 shares during the quarter. Signaturefd LLC’s holdings in Essential Properties Realty Trust were worth $103,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the business. EdgeRock Capital LLC bought a new position in shares of Essential Properties Realty Trust in the fourth quarter worth $26,000. Heritage Wealth Advisors lifted its holdings in Essential Properties Realty Trust by 71.4% in the fourth quarter. Heritage Wealth Advisors now owns 1,200 shares of the company’s stock worth $31,000 after purchasing an additional 500 shares during the period. Principal Securities Inc. bought a new position in Essential Properties Realty Trust in the 4th quarter valued at about $31,000. CWM LLC increased its stake in Essential Properties Realty Trust by 122.9% during the 2nd quarter. CWM LLC now owns 1,244 shares of the company’s stock valued at $34,000 after buying an additional 686 shares during the period. Finally, GAMMA Investing LLC raised its position in shares of Essential Properties Realty Trust by 116.4% during the 2nd quarter. GAMMA Investing LLC now owns 1,945 shares of the company’s stock worth $54,000 after buying an additional 1,046 shares in the last quarter. 96.98% of the stock is currently owned by institutional investors and hedge funds.

Essential Properties Realty Trust Trading Up 0.2 %

NYSE:EPRT opened at $31.98 on Wednesday. The company’s 50 day moving average is $29.77 and its 200-day moving average is $27.42. The company has a quick ratio of 4.90, a current ratio of 4.90 and a debt-to-equity ratio of 0.59. Essential Properties Realty Trust, Inc. has a 12 month low of $20.49 and a 12 month high of $32.04. The firm has a market cap of $5.61 billion, a price-to-earnings ratio of 26.00, a P/E/G ratio of 2.71 and a beta of 1.35.

Essential Properties Realty Trust (NYSE:EPRT) last announced its earnings results on Wednesday, July 24th. The company reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.13). The business had revenue of $109.30 million for the quarter, compared to the consensus estimate of $102.99 million. Essential Properties Realty Trust had a net margin of 48.12% and a return on equity of 6.28%. Essential Properties Realty Trust’s revenue for the quarter was up 26.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.41 EPS. Equities analysts anticipate that Essential Properties Realty Trust, Inc. will post 1.68 EPS for the current year.

Analyst Ratings Changes

A number of research analysts recently commented on EPRT shares. UBS Group raised their price objective on shares of Essential Properties Realty Trust from $30.00 to $35.00 and gave the company a “buy” rating in a research note on Thursday, July 18th. Stifel Nicolaus upped their price objective on Essential Properties Realty Trust from $31.25 to $32.00 and gave the company a “buy” rating in a report on Thursday, July 25th. Mizuho lifted their target price on Essential Properties Realty Trust from $26.00 to $29.00 and gave the stock a “buy” rating in a report on Friday, May 10th. Wells Fargo & Company upped their price target on shares of Essential Properties Realty Trust from $31.00 to $34.00 and gave the company an “overweight” rating in a report on Monday, August 26th. Finally, Wedbush began coverage on shares of Essential Properties Realty Trust in a research note on Monday, August 19th. They issued an “outperform” rating and a $34.00 price objective on the stock. Two 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 currently has an average rating of “Moderate Buy” and a consensus target price of $31.73.

Insider Buying and Selling

In other news, CEO Peter M. Mavoides sold 20,863 shares of Essential Properties Realty Trust stock in a transaction dated Monday, July 1st. The shares were sold at an average price of $27.54, for a total transaction of $574,567.02. Following the sale, the chief executive officer now directly owns 514,464 shares in the company, valued at approximately $14,168,338.56. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In other news, CEO Peter M. Mavoides sold 1,200 shares of the business’s stock in a transaction on Wednesday, July 3rd. The shares were sold at an average price of $28.00, for a total value of $33,600.00. Following the sale, the chief executive officer now owns 513,264 shares in the company, valued at approximately $14,371,392. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Peter M. Mavoides sold 20,863 shares of the company’s stock in a transaction dated Monday, July 1st. The stock was sold at an average price of $27.54, for a total transaction of $574,567.02. Following the completion of the sale, the chief executive officer now directly owns 514,464 shares in the company, valued at approximately $14,168,338.56. The disclosure for this sale can be found here. Insiders sold a total of 34,775 shares of company stock valued at $964,484 over the last ninety days. 0.81% of the stock is owned by company insiders.

Essential Properties Realty Trust 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.