Hsbc Holdings PLC Boosts Stock Position in Essential Properties Realty Trust, Inc. $EPRT

Hsbc Holdings PLC raised its holdings in Essential Properties Realty Trust, Inc. (NYSE:EPRT) by 211.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 571,722 shares of the company’s stock after buying an additional 388,388 shares during the period. Hsbc Holdings PLC owned about 0.29% of Essential Properties Realty Trust worth $18,127,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of EPRT. Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in Essential Properties Realty Trust by 12.1% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 129,532 shares of the company’s stock valued at $4,228,000 after purchasing an additional 14,032 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Essential Properties Realty Trust by 3.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,164,473 shares of the company’s stock valued at $38,008,000 after buying an additional 33,903 shares in the last quarter. Lifestyle Asset Management Inc. purchased a new position in shares of Essential Properties Realty Trust in the 2nd quarter valued at $274,000. Millennium Management LLC grew its position in shares of Essential Properties Realty Trust by 13.0% in the 1st quarter. Millennium Management LLC now owns 1,394,060 shares of the company’s stock valued at $45,502,000 after buying an additional 160,772 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in Essential Properties Realty Trust by 8.9% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 3,284,712 shares of the company’s stock worth $104,815,000 after acquiring an additional 267,226 shares in the last quarter. 96.98% of the stock is owned by hedge funds and other institutional investors.

Essential Properties Realty Trust Trading Down 1.4%

Shares of EPRT stock opened at $31.05 on Wednesday. The company has a market capitalization of $6.15 billion, a P/E ratio of 25.04, a price-to-earnings-growth ratio of 2.28 and a beta of 0.98. The company has a current ratio of 5.66, a quick ratio of 5.66 and a debt-to-equity ratio of 0.68. The business’s 50 day moving average is $30.46 and its two-hundred day moving average is $30.99. Essential Properties Realty Trust, Inc. has a twelve month low of $27.44 and a twelve month high of $33.69.

Essential Properties Realty Trust (NYSE:EPRT) last issued its quarterly earnings results on Wednesday, October 22nd. The company reported $0.48 earnings per share for the quarter, hitting the consensus estimate of $0.48. Essential Properties Realty Trust had a return on equity of 6.38% and a net margin of 45.25%.The firm had revenue of $144.93 million during the quarter, compared to the consensus estimate of $140.42 million. During the same period last year, the company earned $0.43 earnings per share. The company’s revenue for the quarter was up 23.7% on a year-over-year basis. Essential Properties Realty Trust has set its FY 2026 guidance at 1.980-2.040 EPS and its FY 2025 guidance at 1.870-1.890 EPS. Equities analysts forecast that Essential Properties Realty Trust, Inc. will post 1.83 EPS for the current year.

Essential Properties Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 14th. Stockholders of record on Tuesday, September 30th were issued a $0.30 dividend. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $1.20 annualized dividend and a dividend yield of 3.9%. Essential Properties Realty Trust’s payout ratio is presently 96.77%.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on EPRT shares. Scotiabank raised their price objective on Essential Properties Realty Trust from $33.00 to $34.00 and gave the stock a “sector perform” rating in a report on Tuesday, November 25th. Cantor Fitzgerald raised their price target on Essential Properties Realty Trust from $35.00 to $36.00 and gave the stock an “overweight” rating in a research note on Friday, October 24th. UBS Group lifted their price target on Essential Properties Realty Trust from $36.00 to $38.00 and gave the stock a “buy” rating in a research report on Friday, August 15th. Weiss Ratings reissued a “buy (b-)” rating on shares of Essential Properties Realty Trust in a report on Friday, October 31st. Finally, Evercore ISI raised shares of Essential Properties Realty Trust from an “in-line” rating to an “outperform” rating and lifted their target price for the company from $34.00 to $36.00 in a report on Monday, September 15th. Eleven analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $35.54.

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.