Wells Fargo & Company MN Increases Holdings in Essential Properties Realty Trust, Inc. (NYSE:EPRT)

Wells Fargo & Company MN increased its stake in Essential Properties Realty Trust, Inc. ( NYSE:EPRT – Free Report ) by 6.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission.

The firm owned 329,380 shares of the company’s stock after purchasing an additional 20,049 shares during the quarter. Wells Fargo & Company MN’s holdings in Essential Properties Realty Trust were worth $10,303,000 at the end of the most recent quarter. Several other institutional investors have also bought and sold shares of the company.



Crowley Wealth Management Inc. purchased a new stake in Essential Properties Realty Trust in the fourth quarter valued at approximately $28,000. MassMutual Private Wealth & Trust FSB lifted its holdings 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 worth $34,000 after acquiring an additional 468 shares during the last quarter. Jones Financial Companies Lllp grew its position in Essential Properties Realty Trust by 1,834.

4% in the fourth quarter. Jones Financial Companies Lllp now owns 1,180 shares of the company’s stock worth $37,000 after acquiring an additional 1,119 shares in the last quarter. Versant Capital Management Inc increased its stake in Essential Properties Realty Trust by 215.

4% in the fourth quarter. Versant Capital Management Inc now owns 1,211 shares of the company’s stock valued at $38,000 after acquiring an additional 827 shares during the last quarter. Finally, Smartleaf Asset Management LLC raised its position in Essential Properties Realty Trust by 275.

5% during the fourth quarter. Smartleaf Asset Management LLC now owns 2,456 shares of the company’s stock valued at $77,000 after purchasing an additional 1,802 shares in the last quarter. Hedge funds and other institutional investors own 96.

98% of the company’s stock. Analyst Ratings Changes A number of equities research analysts have recently weighed in on the stock. B.

Riley lowered shares of Essential Properties Realty Trust from a “buy” rating to a “neutral” rating and boosted their price objective for the stock from $29.50 to $33.50 in a report on Wednesday, February 19th.

Barclays dropped their target price on shares of Essential Properties Realty Trust from $36.00 to $35.00 and set an “overweight” rating for the company in a report on Tuesday, February 4th.

Capital One Financial began coverage on Essential Properties Realty Trust in a report on Wednesday, February 12th. They set an “overweight” rating and a $35.00 price target on the stock.

Finally, Scotiabank decreased their price objective on shares of Essential Properties Realty Trust from $33.00 to $32.00 and set a “sector perform” rating for the company in a report on Friday, February 28th.

Three equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. According to data from MarketBeat.com, Essential Properties Realty Trust has a consensus rating of “Moderate Buy” and an average price target of $34.

91. Essential Properties Realty Trust Trading Up 1.4 % EPRT stock opened at $31.

92 on Thursday. The company has a quick ratio of 5.36, a current ratio of 5.

36 and a debt-to-equity ratio of 0.59. Essential Properties Realty Trust, Inc.

has a 52-week low of $24.77 and a 52-week high of $34.88.

The company’s 50-day simple moving average is $31.57 and its 200-day simple moving average is $32.14.

The firm has a market cap of $5.99 billion, a P/E ratio of 28.00, a PEG ratio of 2.

90 and a beta of 1.08. Essential Properties Realty Trust ( NYSE:EPRT – Get Free Report ) last released its earnings results on Wednesday, February 12th.

The company reported $0.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.31 by $0.

14. Essential Properties Realty Trust had a net margin of 45.15% and a return on equity of 6.

12%. As a group, equities 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. This represents a $1.18 dividend on an annualized basis and a dividend yield of 3.

70%. The ex-dividend date was Monday, March 31st. Essential Properties Realty Trust’s dividend payout ratio is presently 103.

51%. Insider Buying and Selling at Essential Properties Realty Trust In other Essential Properties Realty Trust news, Director Stephen D. Sautel sold 12,500 shares of the stock in a transaction dated Wednesday, February 26th.

The stock was sold at an average price of $32.54, for a total value of $406,750.00.

Following the sale, the director now owns 178,785 shares of the company’s stock, valued at $5,817,663.90. This trade represents a 6.

53 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link . 0.

81% of the stock is currently owned by corporate insiders. Essential Properties Realty Trust Company Profile ( Free Report ) 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.

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