Essential Properties Realty Trust, Inc. (NYSE:EPRT) Shares Purchased by Jump Financial LLC

Jump Financial LLC grew its position in shares of Essential Properties Realty Trust, Inc. (NYSE:EPRT) by 222.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 97,415 shares of the company’s stock after purchasing an additional 67,238 shares during the quarter. Jump Financial LLC owned 0.06% of Essential Properties Realty Trust worth $3,047,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of EPRT. Crowley Wealth Management Inc. acquired a new position in Essential Properties Realty Trust during the fourth quarter worth about $28,000. MassMutual Private Wealth & Trust FSB boosted its position in shares of Essential Properties Realty Trust by 74.5% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,096 shares of the company’s stock valued at $34,000 after purchasing an additional 468 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in shares of Essential Properties Realty Trust by 1,834.4% in the 4th 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 raised 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 worth $38,000 after purchasing an additional 827 shares in the last quarter. Finally, Morse Asset Management Inc acquired a new stake in Essential Properties Realty Trust during the third quarter valued at approximately $79,000. Institutional investors own 96.98% of the company’s stock.

Insider Activity at Essential Properties Realty Trust

In other Essential Properties Realty Trust news, Director Stephen D. Sautel sold 30,000 shares of the firm’s stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $31.99, for a total transaction of $959,700.00. Following the transaction, the director now directly owns 218,785 shares in the company, valued at $6,998,932.15. This trade represents a 12.06 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.81% of the stock is owned by company insiders.

Essential Properties Realty Trust Price Performance

EPRT opened at $32.18 on Friday. The stock has a fifty day moving average price of $31.59 and a 200 day moving average price of $32.13. 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, Inc. has a 1 year low of $24.82 and a 1 year high of $34.88. The stock has a market cap of $6.04 billion, a price-to-earnings ratio of 28.23, a PEG ratio of 2.90 and a beta of 1.08.

Essential Properties Realty Trust (NYSE:EPRT) last announced its quarterly earnings results on Wednesday, February 12th. The company reported $0.45 earnings per share (EPS) for the quarter, beating 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%. Analysts forecast that Essential Properties Realty Trust, Inc. will post 1.83 EPS for the current fiscal year.

Essential Properties Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, April 11th. Stockholders of record on Monday, March 31st were issued a dividend of $0.295 per share. The ex-dividend date was Monday, March 31st. This represents a $1.18 dividend on an annualized basis and a dividend yield of 3.67%. Essential Properties Realty Trust’s dividend payout ratio is currently 103.51%.

Analyst Upgrades and Downgrades

EPRT has been the topic of several research reports. Capital One Financial initiated coverage on Essential Properties Realty Trust in a report on Wednesday, February 12th. They issued an “overweight” rating and a $35.00 price target on the stock. B. Riley downgraded Essential Properties Realty Trust from a “buy” rating to a “neutral” rating and upped their target price for the company from $29.50 to $33.50 in a report on Wednesday, February 19th. Scotiabank dropped their price target on Essential Properties Realty Trust from $33.00 to $32.00 and set a “sector perform” rating on the stock in a research note on Friday, February 28th. Finally, Barclays reduced their price objective on shares of 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. Three equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $34.91.

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.