Caitong International Asset Management Co. Ltd Makes New $44,000 Investment in Essential Properties Realty Trust, Inc. $EPRT

Caitong International Asset Management Co. Ltd purchased a new position in shares of Essential Properties Realty Trust, Inc. (NYSE:EPRT) during the 2nd quarter, Holdings Channel.com reports. The institutional investor purchased 1,391 shares of the company’s stock, valued at approximately $44,000.

Several other hedge funds also recently modified their holdings of the company. Asset Management One Co. Ltd. boosted its stake in shares of Essential Properties Realty Trust by 7.9% during the 2nd quarter. Asset Management One Co. Ltd. now owns 406,887 shares of the company’s stock worth $12,984,000 after purchasing an additional 29,828 shares during the last quarter. Ethic Inc. boosted its stake in shares of Essential Properties Realty Trust by 16.7% during the 2nd quarter. Ethic Inc. now owns 8,230 shares of the company’s stock worth $263,000 after purchasing an additional 1,175 shares during the last quarter. Cookson Peirce & Co. Inc. boosted its position in shares of Essential Properties Realty Trust by 6.6% in the second quarter. Cookson Peirce & Co. Inc. now owns 33,905 shares of the company’s stock worth $1,082,000 after acquiring an additional 2,109 shares during the last quarter. Aurora Investment Counsel boosted its position in shares of Essential Properties Realty Trust by 0.7% in the second quarter. Aurora Investment Counsel now owns 98,062 shares of the company’s stock worth $3,129,000 after acquiring an additional 636 shares during the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of Essential Properties Realty Trust in the second quarter worth approximately $5,813,000. 96.98% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

EPRT has been the topic of several research analyst reports. Mizuho decreased their target price on shares of Essential Properties Realty Trust from $35.00 to $32.00 and set an “outperform” rating on the stock in a research report on Thursday, September 11th. Evercore ISI upgraded shares of Essential Properties Realty Trust from an “in-line” rating to an “outperform” rating and raised their price target for the company from $34.00 to $36.00 in a report on Monday, September 15th. Barclays cut their price target on shares of Essential Properties Realty Trust from $37.00 to $36.00 and set an “overweight” rating on the stock in a report on Monday, July 21st. Stifel Nicolaus set a $36.00 price target on shares of Essential Properties Realty Trust in a report on Thursday. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Essential Properties Realty Trust in a report on Wednesday, October 8th. Twelve equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $35.35.

Essential Properties Realty Trust Trading Down 2.4%

NYSE EPRT opened at $31.11 on Friday. Essential Properties Realty Trust, Inc. has a one year low of $27.44 and a one year high of $34.88. The company’s 50 day moving average price is $30.35 and its 200 day moving average price is $31.17. The company has a debt-to-equity ratio of 0.68, a quick ratio of 5.67 and a current ratio of 5.66. The firm has a market capitalization of $6.16 billion, a price-to-earnings ratio of 25.08, a PEG ratio of 2.35 and a beta of 1.12.

Essential Properties Realty Trust (NYSE:EPRT) last posted its quarterly earnings data on Wednesday, October 22nd. The company reported $0.48 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.48. The company had revenue of $136.54 million for the quarter, compared to analyst estimates of $140.42 million. Essential Properties Realty Trust had a net margin of 45.25% and a return on equity of 6.38%. The business’s quarterly revenue was up 23.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.43 earnings per share. Essential Properties Realty Trust has set its FY 2026 guidance at 1.980-2.040 EPS. FY 2025 guidance at 1.870-1.890 EPS. On average, sell-side analysts predict that Essential Properties Realty Trust, Inc. will post 1.83 EPS for the current year.

Essential Properties Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 14th. Stockholders of record on Tuesday, September 30th were paid a dividend of $0.30 per share. The ex-dividend date was Tuesday, September 30th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.9%. Essential Properties Realty Trust’s dividend payout ratio (DPR) is currently 96.77%.

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.