KBC Group NV Has $185,000 Stake in Essential Properties Realty Trust, Inc. $EPRT

KBC Group NV lessened its holdings in shares of Essential Properties Realty Trust, Inc. (NYSE:EPRT) by 28.1% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,812 shares of the company’s stock after selling 2,273 shares during the period. KBC Group NV’s holdings in Essential Properties Realty Trust were worth $185,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. TD Private Client Wealth LLC bought a new stake in shares of Essential Properties Realty Trust in the second quarter valued at approximately $25,000. Caitong International Asset Management Co. Ltd acquired a new position in Essential Properties Realty Trust in the 2nd quarter valued at $44,000. Headlands Technologies LLC bought a new stake in shares of Essential Properties Realty Trust during the 1st quarter valued at $80,000. BI Asset Management Fondsmaeglerselskab A S acquired a new stake in shares of Essential Properties Realty Trust during the 1st quarter worth $92,000. Finally, GAMMA Investing LLC increased its position in shares of Essential Properties Realty Trust by 21.5% in the second quarter. GAMMA Investing LLC now owns 5,003 shares of the company’s stock worth $160,000 after purchasing an additional 885 shares during the period. 96.98% of the stock is owned by institutional investors.

Essential Properties Realty Trust Trading Down 0.7%

EPRT opened at $30.68 on Thursday. The company has a market cap of $6.08 billion, a P/E ratio of 24.74, a PEG ratio of 2.24 and a beta of 1.10. The company has a current ratio of 5.66, a quick ratio of 5.66 and a debt-to-equity ratio of 0.68. The company’s 50 day moving average is $30.20 and its 200-day moving average is $31.02. Essential Properties Realty Trust, Inc. has a 1-year low of $27.44 and a 1-year high of $34.88.

Essential Properties Realty Trust (NYSE:EPRT) last issued its quarterly earnings data on Wednesday, October 22nd. The company reported $0.48 EPS for the quarter, meeting the consensus estimate of $0.48. Essential Properties Realty Trust had a net margin of 45.25% and a return on equity of 6.38%. The business had revenue of $144.93 million during the quarter, compared to the consensus estimate of $140.42 million. During the same quarter in the prior year, the firm earned $0.43 EPS. The firm’s revenue was up 23.7% compared to the same quarter last year. Essential Properties Realty Trust has set its FY 2026 guidance at 1.980-2.040 EPS. FY 2025 guidance at 1.870-1.890 EPS. Equities research analysts predict that Essential Properties Realty Trust, Inc. will post 1.83 earnings per share for the current fiscal year.

Essential Properties Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 14th. Investors of record on Tuesday, September 30th were given a dividend of $0.30 per share. The ex-dividend date was Tuesday, September 30th. This represents a $1.20 dividend on an annualized basis and a yield of 3.9%. Essential Properties Realty Trust’s payout ratio is currently 96.77%.

Analyst Ratings Changes

Several research firms recently weighed in on EPRT. Mizuho cut their price objective on shares of Essential Properties Realty Trust from $35.00 to $32.00 and set an “outperform” rating for the company in a research report on Thursday, September 11th. Cantor Fitzgerald boosted their target price on shares of Essential Properties Realty Trust from $35.00 to $36.00 and gave the company an “overweight” rating in a research report on Friday, October 24th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Essential Properties Realty Trust in a research report on Friday, October 31st. Berenberg Bank initiated coverage on shares of Essential Properties Realty Trust in a research note on Monday, October 13th. They issued a “buy” rating and a $36.00 price objective on the stock. Finally, Evercore ISI upgraded Essential Properties Realty Trust from an “in-line” rating to an “outperform” rating and upped their target price for the stock from $34.00 to $36.00 in a research note on Monday, September 15th. Eleven investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, Essential Properties Realty Trust currently has an average rating of “Moderate Buy” and an average price target of $35.46.

Essential Properties Realty Trust 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.