B&I Capital AG Buys 27,800 Shares of Essential Properties Realty Trust, Inc. $EPRT

B&I Capital AG lifted its position in Essential Properties Realty Trust, Inc. (NYSE:EPRT) by 11.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 281,284 shares of the company’s stock after buying an additional 27,800 shares during the quarter. Essential Properties Realty Trust makes up approximately 2.9% of B&I Capital AG’s portfolio, making the stock its 15th biggest holding. B&I Capital AG’s holdings in Essential Properties Realty Trust were worth $8,540,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of EPRT. EverSource Wealth Advisors LLC grew its stake in Essential Properties Realty Trust by 82.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 899 shares of the company’s stock valued at $27,000 after acquiring an additional 405 shares in the last quarter. First Horizon Corp boosted its holdings in Essential Properties Realty Trust by 146.9% in the 4th quarter. First Horizon Corp now owns 1,131 shares of the company’s stock valued at $34,000 after purchasing an additional 673 shares during the period. Clearstead Advisors LLC boosted its holdings in Essential Properties Realty Trust by 664.4% in the 4th quarter. Clearstead Advisors LLC now owns 1,590 shares of the company’s stock valued at $47,000 after purchasing an additional 1,382 shares during the period. Caitong International Asset Management Co. Ltd grew its position in shares of Essential Properties Realty Trust by 273.6% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,614 shares of the company’s stock valued at $48,000 after purchasing an additional 1,182 shares in the last quarter. Finally, Parkside Financial Bank & Trust grew its position in shares of Essential Properties Realty Trust by 1,009.0% during the 4th quarter. Parkside Financial Bank & Trust now owns 1,730 shares of the company’s stock valued at $51,000 after purchasing an additional 1,574 shares in the last quarter. 96.98% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on EPRT. Stifel Nicolaus upped their price target on shares of Essential Properties Realty Trust from $36.00 to $36.50 and gave the stock a “buy” rating in a report on Thursday, April 23rd. Barclays lifted their price objective on Essential Properties Realty Trust from $37.00 to $40.00 and gave the company an “overweight” rating in a research note on Tuesday, April 21st. Wells Fargo & Company upped their target price on Essential Properties Realty Trust from $35.00 to $36.00 and gave the stock an “overweight” rating in a research note on Monday, June 1st. Weiss Ratings raised Essential Properties Realty Trust from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday. Finally, Mizuho lowered their price target on Essential Properties Realty Trust from $37.00 to $34.00 and set an “outperform” rating on the stock in a report on Wednesday, May 13th. One research analyst has rated the stock with a Strong Buy rating and eleven have given a Buy rating to the company’s stock. According to MarketBeat.com, Essential Properties Realty Trust currently has an average rating of “Buy” and an average price target of $36.41.

Essential Properties Realty Trust Stock Performance

NYSE EPRT opened at $32.88 on Friday. Essential Properties Realty Trust, Inc. has a 52-week low of $28.95 and a 52-week high of $34.73. The company has a fifty day moving average of $30.71 and a 200-day moving average of $31.31. The company has a market capitalization of $7.11 billion, a P/E ratio of 25.89, a P/E/G ratio of 2.47 and a beta of 0.88. The company has a debt-to-equity ratio of 0.59, a quick ratio of 5.12 and a current ratio of 5.12.

Essential Properties Realty Trust (NYSE:EPRT) last released its earnings results on Wednesday, April 22nd. The company reported $0.28 EPS for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.05). Essential Properties Realty Trust had a net margin of 43.46% and a return on equity of 6.30%. The firm had revenue of $158.80 million during the quarter, compared to the consensus estimate of $151.87 million. During the same period in the prior year, the company earned $0.45 EPS. The firm’s revenue was up 22.8% compared to the same quarter last year. Essential Properties Realty Trust has set its FY 2026 guidance at 2.000-2.050 EPS. As a group, equities research analysts predict that Essential Properties Realty Trust, Inc. will post 1.97 EPS for the current fiscal year.

Essential Properties Realty Trust Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 14th. Stockholders of record on Tuesday, June 30th were issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date was Tuesday, June 30th. This is an increase from Essential Properties Realty Trust’s previous quarterly dividend of $0.31. Essential Properties Realty Trust’s dividend payout ratio (DPR) is currently 100.79%.

About Essential Properties Realty Trust

Essential Properties Realty Trust, Inc (NYSE: EPRT) is a self-administered real estate investment trust that acquires, owns and manages single-tenant commercial properties subject to long-term, triple-net leases. The company’s portfolio primarily consists of small-box retail and industrial assets, including convenience stores, automotive service centers, quick-service restaurants, fitness centers and other necessity-based businesses. Under a triple-net lease structure, tenants assume responsibility for property taxes, insurance and most maintenance expenses, providing Essential Properties with predictable, stable cash flows.

Since its founding in April 2016 and its initial public offering later that year, Essential Properties has pursued a growth strategy focused on partnering with creditworthy tenants operating in densely populated trade areas.