UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Purchases 1,255,229 Shares of Essential Properties Realty Trust, Inc. $EPRT

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Essential Properties Realty Trust, Inc. (NYSE:EPRT) by 14,648.5% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,263,798 shares of the company’s stock after purchasing an additional 1,255,229 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Essential Properties Realty Trust were worth $37,724,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. EverSource Wealth Advisors LLC boosted its holdings in shares of Essential Properties Realty Trust by 82.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 899 shares of the company’s stock valued at $27,000 after buying an additional 405 shares during the last quarter. Assetmark Inc. grew its stake in Essential Properties Realty Trust by 47.8% in the 1st quarter. Assetmark Inc. now owns 1,339 shares of the company’s stock valued at $41,000 after buying an additional 433 shares during the last quarter. Global Retirement Partners LLC acquired a new position in Essential Properties Realty Trust in the 2nd quarter valued at about $41,000. Clearstead Advisors LLC raised 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 acquiring an additional 1,382 shares during the period. Finally, Caitong International Asset Management Co. Ltd raised its holdings in Essential Properties Realty Trust by 273.6% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,614 shares of the company’s stock valued at $48,000 after acquiring an additional 1,182 shares during the period. Institutional investors own 96.98% of the company’s stock.

Insider Buying and Selling at Essential Properties Realty Trust

In related news, COO Robert M. Jenkins sold 22,000 shares of the stock in a transaction on Friday, July 24th. The stock was sold at an average price of $32.22, for a total value of $708,840.00. Following the completion of the sale, the chief operating officer directly owned 34,168 shares in the company, valued at $1,100,892.96. This represents a 39.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.77% of the stock is currently owned by corporate insiders.

Essential Properties Realty Trust Price Performance

EPRT stock opened at $29.67 on Friday. Essential Properties Realty Trust, Inc. has a 1 year low of $28.95 and a 1 year high of $34.73. The stock has a market cap of $6.42 billion, a price-to-earnings ratio of 23.00, a P/E/G ratio of 2.42 and a beta of 0.85. The company has a debt-to-equity ratio of 0.65, a current ratio of 8.17 and a quick ratio of 8.17. The company has a 50 day simple moving average of $31.14 and a 200 day simple moving average of $31.47.

Essential Properties Realty Trust (NYSE:EPRT) last issued its quarterly earnings data on Wednesday, July 22nd. The company reported $0.34 earnings per share for the quarter, topping analysts’ consensus estimates of $0.33 by $0.01. The business had revenue of $161.89 million for the quarter, compared to analyst estimates of $156.65 million. Essential Properties Realty Trust had a return on equity of 6.34% and a net margin of 43.51%.Essential Properties Realty Trust’s quarterly revenue was up 18.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.46 EPS. Essential Properties Realty Trust has set its FY 2026 guidance at 2.010-2.050 EPS. Research analysts anticipate that Essential Properties Realty Trust, Inc. will post 1.97 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on EPRT shares. Barclays reduced their price objective on Essential Properties Realty Trust from $40.00 to $37.00 and set an “overweight” rating for the company in a report on Wednesday, July 22nd. Scotiabank raised Essential Properties Realty Trust from a “sector perform” rating to a “sector outperform” rating and decreased their price objective for the company from $34.00 to $33.00 in a report on Thursday, June 18th. Wall Street Zen cut Essential Properties Realty Trust from a “hold” rating to a “sell” rating in a research report on Saturday, August 22nd. Wells Fargo & Company lifted their target price on Essential Properties Realty Trust from $35.00 to $36.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. Finally, Mizuho reduced their target price on shares of Essential Properties Realty Trust from $37.00 to $34.00 and set an “outperform” rating for the company in a research report on Wednesday, May 13th. One investment analyst has rated the stock with a Strong Buy rating and eleven have issued a Buy rating to the company. According to MarketBeat.com, Essential Properties Realty Trust has a consensus rating of “Buy” and an average target price of $36.20.

Essential Properties Realty Trust Profile

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.