B&I Capital AG Grows Holdings in Essential Properties Realty Trust, Inc. $EPRT

B&I Capital AG boosted its position in Essential Properties Realty Trust, Inc. (NYSE:EPRT) by 11.0% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 281,284 shares of the company’s stock after purchasing an additional 27,800 shares during the period. Essential Properties Realty Trust comprises 2.9% of B&I Capital AG’s investment portfolio, making the stock its 15th biggest position. B&I Capital AG owned approximately 0.13% of Essential Properties Realty Trust worth $8,540,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanderbilt University boosted its position in Essential Properties Realty Trust by 0.9% in the first quarter. Vanderbilt University now owns 36,078 shares of the company’s stock worth $1,095,000 after purchasing an additional 315 shares during the last quarter. Lido Advisors LLC increased its position in shares of Essential Properties Realty Trust by 3.7% during the 4th quarter. Lido Advisors LLC now owns 9,714 shares of the company’s stock valued at $292,000 after purchasing an additional 346 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in shares of Essential Properties Realty Trust by 82.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 899 shares of the company’s stock valued at $27,000 after purchasing an additional 405 shares during the last quarter. Signaturefd LLC raised its stake in shares of Essential Properties Realty Trust by 11.9% during the 4th quarter. Signaturefd LLC now owns 4,110 shares of the company’s stock worth $122,000 after purchasing an additional 436 shares during the period. Finally, Danske Bank A S raised its stake in shares of Essential Properties Realty Trust by 26.3% during the 4th quarter. Danske Bank A S now owns 2,400 shares of the company’s stock worth $71,000 after purchasing an additional 500 shares during the period. Hedge funds and other institutional investors own 96.98% of the company’s stock.

Analysts Set New Price Targets

EPRT has been the subject of several research reports. Stifel Nicolaus increased their price target on shares of Essential Properties Realty Trust from $36.00 to $36.50 and gave the company a “buy” rating in a research report on Thursday, April 23rd. Weiss Ratings upgraded shares of Essential Properties Realty Trust from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday. Barclays lifted their price objective on shares of Essential Properties Realty Trust from $37.00 to $40.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 21st. Scotiabank upgraded shares of Essential Properties Realty Trust from a “sector perform” rating to a “sector outperform” rating and dropped their target price for the company from $34.00 to $33.00 in a research note on Thursday, June 18th. 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 equities research analyst has rated the stock with a Strong Buy rating and eleven have given a Buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $36.41.

Essential Properties Realty Trust Price Performance

Shares of NYSE:EPRT opened at $32.88 on Friday. The company has a quick ratio of 5.12, a current ratio of 5.12 and a debt-to-equity ratio of 0.59. The firm has a market capitalization of $7.11 billion, a PE ratio of 25.89, a P/E/G ratio of 2.47 and a beta of 0.88. Essential Properties Realty Trust, Inc. has a twelve month low of $28.95 and a twelve month high of $34.73. The company has a 50-day moving average price of $30.71 and a two-hundred day moving average price of $31.31.

Essential Properties Realty Trust (NYSE:EPRT) last posted its earnings results on Wednesday, April 22nd. The company reported $0.28 earnings per share for the quarter, missing the consensus estimate of $0.33 by ($0.05). Essential Properties Realty Trust had a return on equity of 6.30% and a net margin of 43.46%.The business had revenue of $158.80 million during the quarter, compared to analysts’ expectations of $151.87 million. During the same quarter in the previous year, the business earned $0.45 EPS. Essential Properties Realty Trust’s revenue for the quarter was up 22.8% on a year-over-year basis. Essential Properties Realty Trust has set its FY 2026 guidance at 2.000-2.050 EPS. Equities analysts forecast that Essential Properties Realty Trust, Inc. will post 1.97 EPS for the current year.

Essential Properties Realty Trust Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 14th. Stockholders of record on Tuesday, June 30th were issued a $0.32 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This is an increase from Essential Properties Realty Trust’s previous quarterly dividend of $0.31. This represents a $1.28 dividend on an annualized basis and a dividend yield of 3.9%. Essential Properties Realty Trust’s dividend payout ratio is 100.79%.

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.