12,938 Shares in Essential Properties Realty Trust, Inc. (NYSE:EPRT) Acquired by New Age Alpha Advisors LLC

New Age Alpha Advisors LLC bought a new position in shares of Essential Properties Realty Trust, Inc. (NYSE:EPRT) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 12,938 shares of the company’s stock, valued at approximately $405,000.

A number of other large investors have also recently added to or reduced their stakes in the business. Crowley Wealth Management Inc. acquired a new stake in shares of Essential Properties Realty Trust during the 4th quarter valued at $28,000. MassMutual Private Wealth & Trust FSB lifted its holdings in shares of Essential Properties Realty Trust by 74.5% during the fourth 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 during the last quarter. Jones Financial Companies Lllp boosted its position 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 valued at $37,000 after purchasing an additional 1,119 shares during the period. Versant Capital Management Inc boosted its position 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 valued at $38,000 after purchasing an additional 827 shares during the period. Finally, Smartleaf Asset Management LLC increased its stake in Essential Properties Realty Trust by 275.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,456 shares of the company’s stock worth $77,000 after purchasing an additional 1,802 shares in the last quarter. 96.98% of the stock is currently owned by institutional investors.

Insider Buying and Selling

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

Analyst Ratings Changes

EPRT has been the subject of a number of analyst reports. 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. B. Riley cut shares of Essential Properties Realty Trust from a “buy” rating to a “neutral” rating and lifted their price objective for the stock from $29.50 to $33.50 in a research report on Wednesday, February 19th. Capital One Financial began coverage on shares of Essential Properties Realty Trust in a research note on Wednesday, February 12th. They set an “overweight” rating and a $35.00 target price on the stock. Scotiabank decreased their target price on Essential Properties Realty Trust from $33.00 to $32.00 and set a “sector perform” rating for the company in a research report on Friday, February 28th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on Essential Properties Realty Trust in a research report on Wednesday, December 11th. They set a “buy” rating and a $38.00 price target on the stock. Three research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $34.91.

Essential Properties Realty Trust Stock Performance

Shares of EPRT opened at $32.45 on Wednesday. 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 12 month low of $24.72 and a 12 month high of $34.88. The company’s fifty day moving average is $31.85 and its 200-day moving average is $32.40. The firm has a market cap of $6.09 billion, a price-to-earnings ratio of 28.46, a price-to-earnings-growth ratio of 2.90 and a beta of 1.36.

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

Essential Properties Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 11th. Investors of record on Monday, March 31st will be paid a $0.295 dividend. The ex-dividend date is Monday, March 31st. This represents a $1.18 dividend on an annualized basis and a yield of 3.64%. Essential Properties Realty Trust’s payout ratio is presently 103.51%.

Essential Properties Realty Trust Company Profile

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.