Essential Properties Realty Trust, Inc. (NYSE:EPRT) Shares Bought by Aew Capital Management L P

Aew Capital Management L P increased its holdings in Essential Properties Realty Trust, Inc. (NYSE:EPRT) by 21.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,609,654 shares of the company’s stock after buying an additional 282,320 shares during the quarter. Essential Properties Realty Trust comprises approximately 1.5% of Aew Capital Management L P’s investment portfolio, making the stock its 25th largest holding. Aew Capital Management L P owned 0.97% of Essential Properties Realty Trust worth $41,143,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Signaturefd LLC increased its holdings in Essential Properties Realty Trust by 666.8% in the 4th quarter. Signaturefd LLC now owns 2,492 shares of the company’s stock worth $64,000 after buying an additional 2,167 shares during the period. Covestor Ltd boosted its position in Essential Properties Realty Trust by 15.5% in the 3rd quarter. Covestor Ltd now owns 7,848 shares of the company’s stock worth $170,000 after purchasing an additional 1,052 shares in the last quarter. Cambria Investment Management L.P. purchased a new stake in Essential Properties Realty Trust in the 3rd quarter worth approximately $201,000. Glenmede Trust Co. NA purchased a new stake in Essential Properties Realty Trust in the 3rd quarter worth approximately $223,000. Finally, Evergreen Capital Management LLC boosted its position in Essential Properties Realty Trust by 11.2% in the 3rd quarter. Evergreen Capital Management LLC now owns 10,851 shares of the company’s stock worth $238,000 after purchasing an additional 1,091 shares in the last quarter. Institutional investors and hedge funds own 96.98% of the company’s stock.

Insider Buying and Selling at Essential Properties Realty Trust

In other Essential Properties Realty Trust news, CEO Peter M. Mavoides sold 11,904 shares of the firm’s stock in a transaction on Monday, March 4th. The stock was sold at an average price of $24.35, for a total value of $289,862.40. Following the transaction, the chief executive officer now owns 571,606 shares in the company, valued at approximately $13,918,606.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other Essential Properties Realty Trust news, CEO Peter M. Mavoides sold 5,714 shares of the firm’s stock in a transaction on Friday, March 8th. The stock was sold at an average price of $25.08, for a total value of $143,307.12. Following the completion of the sale, the chief executive officer now directly owns 565,892 shares of the company’s stock, valued at approximately $14,192,571.36. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Peter M. Mavoides sold 11,904 shares of the firm’s stock in a transaction on Monday, March 4th. The stock was sold at an average price of $24.35, for a total value of $289,862.40. Following the completion of the sale, the chief executive officer now directly owns 571,606 shares of the company’s stock, valued at $13,918,606.10. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 44,524 shares of company stock worth $1,113,438. Corporate insiders own 0.81% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on the company. Citigroup upgraded Essential Properties Realty Trust from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $25.00 to $28.50 in a research report on Friday, March 22nd. B. Riley restated a “buy” rating and issued a $29.00 price objective (up previously from $27.50) on shares of Essential Properties Realty Trust in a research report on Wednesday, March 13th. Stifel Nicolaus upped their price objective on Essential Properties Realty Trust from $27.00 to $27.50 and gave the stock a “buy” rating in a research report on Tuesday, March 19th. Mizuho decreased their target price on Essential Properties Realty Trust from $27.00 to $26.00 and set a “buy” rating on the stock in a research report on Thursday, March 7th. Finally, BMO Capital Markets started coverage on Essential Properties Realty Trust in a research report on Tuesday, February 13th. They set an “outperform” rating and a $29.00 target price on the stock. Nine analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Essential Properties Realty Trust presently has a consensus rating of “Buy” and a consensus price target of $28.22.

Essential Properties Realty Trust Price Performance

EPRT stock traded down $0.05 during midday trading on Friday, reaching $25.68. The stock had a trading volume of 2,014,005 shares, compared to its average volume of 1,352,217. The company’s fifty day simple moving average is $25.32 and its 200 day simple moving average is $24.49. The company has a current ratio of 5.01, a quick ratio of 5.01 and a debt-to-equity ratio of 0.56. The company has a market cap of $4.35 billion, a price-to-earnings ratio of 20.87, a price-to-earnings-growth ratio of 1.95 and a beta of 1.27. Essential Properties Realty Trust, Inc. has a 52-week low of $20.49 and a 52-week high of $26.77.

Essential Properties Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 12th. Shareholders of record on Friday, March 29th were issued a $0.285 dividend. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $1.14 dividend on an annualized basis and a yield of 4.44%. Essential Properties Realty Trust’s payout ratio is currently 92.68%.

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.