Capital One Financial Begins Coverage on Essential Properties Realty Trust (NYSE:EPRT)

Equities research analysts at Capital One Financial assumed coverage on shares of Essential Properties Realty Trust (NYSE:EPRT) in a note issued to investors on Wednesday,Briefing.com Automated Import reports. The brokerage set an “overweight” rating and a $35.00 price target on the stock. Capital One Financial‘s target price points to a potential upside of 13.26% from the stock’s previous close.

Several other equities research analysts also recently weighed in on EPRT. UBS Group upped their target price on shares of Essential Properties Realty Trust from $39.00 to $40.00 and gave the stock a “buy” rating in a research note on Thursday, November 14th. Wells Fargo & Company cut their price objective on Essential Properties Realty Trust from $37.00 to $34.00 and set an “overweight” rating on the stock in a research report on Monday, November 4th. Scotiabank increased their price objective on Essential Properties Realty Trust from $32.00 to $33.00 and gave the company a “sector perform” rating in a research note on Monday, November 25th. Barclays lowered their target price on 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. Finally, Mizuho increased their price target on Essential Properties Realty Trust from $31.00 to $35.00 and gave the company an “outperform” rating in a research report on Thursday, November 14th. Two investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $33.92.

Essential Properties Realty Trust Stock Performance

NYSE EPRT opened at $30.90 on Wednesday. The company has a market cap of $5.42 billion, a P/E ratio of 26.82, a P/E/G ratio of 2.91 and a beta of 1.40. Essential Properties Realty Trust has a 1-year low of $23.58 and a 1-year high of $34.88. The company has a debt-to-equity ratio of 0.69, a current ratio of 5.59 and a quick ratio of 5.59. The stock has a 50-day moving average of $31.77 and a two-hundred day moving average of $32.12.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Blue Trust Inc. raised its stake in Essential Properties Realty Trust by 95.2% during the 3rd quarter. Blue Trust Inc. now owns 818 shares of the company’s stock worth $28,000 after acquiring an additional 399 shares in the last quarter. Crowley Wealth Management Inc. purchased a new position in shares of Essential Properties Realty Trust during the fourth quarter worth about $28,000. MassMutual Private Wealth & Trust FSB increased its position 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 worth $34,000 after purchasing an additional 468 shares in the last quarter. Jones Financial Companies Lllp lifted 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 valued at $37,000 after purchasing an additional 1,119 shares during the last quarter. Finally, 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. Institutional investors and hedge funds own 96.98% of the company’s stock.

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.