Asset Management One Co. Ltd. Increases Position in Essential Properties Realty Trust, Inc. $EPRT

Asset Management One Co. Ltd. grew its holdings in Essential Properties Realty Trust, Inc. (NYSE:EPRT) by 7.9% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 406,887 shares of the company’s stock after buying an additional 29,828 shares during the period. Asset Management One Co. Ltd. owned 0.21% of Essential Properties Realty Trust worth $12,984,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. KBC Group NV raised its holdings in shares of Essential Properties Realty Trust by 4.3% in the first quarter. KBC Group NV now owns 8,085 shares of the company’s stock valued at $264,000 after buying an additional 335 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings in Essential Properties Realty Trust by 4.0% during the first quarter. PNC Financial Services Group Inc. now owns 10,778 shares of the company’s stock worth $352,000 after purchasing an additional 419 shares in the last quarter. Cresset Asset Management LLC raised its holdings in Essential Properties Realty Trust by 4.2% during the first quarter. Cresset Asset Management LLC now owns 10,609 shares of the company’s stock worth $349,000 after purchasing an additional 426 shares in the last quarter. Fortis Capital Advisors LLC raised its holdings in Essential Properties Realty Trust by 3.2% during the second quarter. Fortis Capital Advisors LLC now owns 18,558 shares of the company’s stock worth $592,000 after purchasing an additional 572 shares in the last quarter. Finally, Belpointe Asset Management LLC raised its holdings in Essential Properties Realty Trust by 3.2% during the second quarter. Belpointe Asset Management LLC now owns 18,558 shares of the company’s stock worth $592,000 after purchasing an additional 572 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 2.4%

Shares of Essential Properties Realty Trust stock opened at $31.11 on Monday. Essential Properties Realty Trust, Inc. has a 12-month low of $27.44 and a 12-month high of $34.88. 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 stock has a market cap of $6.16 billion, a PE ratio of 25.08, a price-to-earnings-growth ratio of 2.35 and a beta of 1.12. The company has a 50-day moving average of $30.35 and a two-hundred day moving average of $31.18.

Essential Properties Realty Trust (NYSE:EPRT) last issued its earnings results on Wednesday, October 22nd. The company reported $0.48 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.48. Essential Properties Realty Trust had a net margin of 45.25% and a return on equity of 6.38%. The company had revenue of $136.54 million during the quarter, compared to analysts’ expectations of $140.42 million. During the same period last year, the company posted $0.43 earnings per share. The firm’s quarterly revenue was up 23.7% compared to the same quarter last year. 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, research analysts anticipate that Essential Properties Realty Trust, Inc. will post 1.83 EPS for the current fiscal year.

Essential Properties Realty Trust Dividend Announcement

The firm 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. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend was Tuesday, September 30th. Essential Properties Realty Trust’s dividend payout ratio (DPR) is 96.77%.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. Cantor Fitzgerald increased their price target on shares of Essential Properties Realty Trust from $35.00 to $36.00 and gave the stock an “overweight” rating in a report on Friday. Barclays cut their price target on shares of Essential Properties Realty Trust from $37.00 to $36.00 and set an “overweight” rating for the company in a report on Monday, July 21st. Berenberg Bank assumed coverage on shares of Essential Properties Realty Trust in a report on Monday, October 13th. They set a “buy” rating and a $36.00 price target for the company. Weiss Ratings reissued a “buy (b)” rating on shares of Essential Properties Realty Trust in a report on Wednesday, October 8th. Finally, Evercore ISI raised shares of Essential Properties Realty Trust from an “in-line” rating to an “outperform” rating and increased their target price for the company from $34.00 to $36.00 in a report on Monday, September 15th. Twelve equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Essential Properties Realty Trust presently has a consensus rating of “Moderate Buy” and an average target price of $35.35.

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.