151,175 Shares in Essential Properties Realty Trust, Inc. $EPRT Bought by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. purchased a new position in shares of Essential Properties Realty Trust, Inc. (NYSE:EPRT) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 151,175 shares of the company’s stock, valued at approximately $4,513,000. Landscape Capital Management L.L.C. owned approximately 0.07% of Essential Properties Realty Trust at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in EPRT. EverSource Wealth Advisors LLC grew its position in shares of Essential Properties Realty Trust by 82.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 899 shares of the company’s stock valued at $27,000 after acquiring an additional 405 shares during the period. First Horizon Corp raised its holdings in shares of Essential Properties Realty Trust by 146.9% in the 4th quarter. First Horizon Corp now owns 1,131 shares of the company’s stock valued at $34,000 after purchasing an additional 673 shares during the period. Assetmark Inc. raised its holdings in shares of Essential Properties Realty Trust by 47.8% in the 1st quarter. Assetmark Inc. now owns 1,339 shares of the company’s stock valued at $41,000 after purchasing an additional 433 shares during the period. Global Retirement Partners LLC acquired a new stake in Essential Properties Realty Trust in the 2nd quarter valued at about $41,000. Finally, Clearstead Advisors LLC lifted its stake in Essential Properties Realty Trust by 664.4% in the 4th quarter. Clearstead Advisors LLC now owns 1,590 shares of the company’s stock valued at $47,000 after purchasing an additional 1,382 shares during the last quarter. Institutional investors and hedge funds own 96.98% of the company’s stock.

Insiders Place Their Bets

In related news, COO Robert M. Jenkins sold 22,000 shares of the business’s stock in a transaction on Friday, July 24th. The stock was sold at an average price of $32.22, for a total value of $708,840.00. Following the completion of the sale, the chief operating officer directly owned 34,168 shares in the company, valued at $1,100,892.96. The trade was a 39.17% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 0.77% of the company’s stock.

Essential Properties Realty Trust Stock Down 0.9%

Shares of EPRT opened at $30.88 on Friday. The firm has a market cap of $6.68 billion, a P/E ratio of 23.94, a price-to-earnings-growth ratio of 2.52 and a beta of 0.86. The company has a debt-to-equity ratio of 0.65, a quick ratio of 8.17 and a current ratio of 8.17. Essential Properties Realty Trust, Inc. has a 52 week low of $28.95 and a 52 week high of $34.73. The firm’s 50-day simple moving average is $31.06 and its 200 day simple moving average is $31.54.

Essential Properties Realty Trust (NYSE:EPRT) last issued its quarterly earnings data on Wednesday, July 22nd. The company reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.01. Essential Properties Realty Trust had a net margin of 43.51% and a return on equity of 6.34%. The firm had revenue of $161.89 million during the quarter, compared to the consensus estimate of $156.65 million. During the same period last year, the business posted $0.46 earnings per share. The business’s revenue for the quarter was up 18.1% compared to the same quarter last year. Essential Properties Realty Trust has set its FY 2026 guidance at 2.010-2.050 EPS. On average, analysts forecast that Essential Properties Realty Trust, Inc. will post 1.97 earnings per share for the current year.

Essential Properties Realty Trust Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 14th. Investors of record on Tuesday, June 30th were issued a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 4.1%. 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. Essential Properties Realty Trust’s payout ratio is 99.22%.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on EPRT. Wells Fargo & Company boosted their price target on Essential Properties Realty Trust from $35.00 to $36.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. Wall Street Zen cut Essential Properties Realty Trust from a “hold” rating to a “sell” rating in a research report on Saturday. Cantor Fitzgerald lifted their target price on Essential Properties Realty Trust from $36.00 to $37.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Barclays reduced their target price on Essential Properties Realty Trust from $40.00 to $37.00 and set an “overweight” rating for the company in a research note on Wednesday, July 22nd. Finally, Mizuho dropped their price target on Essential Properties Realty Trust from $37.00 to $34.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 13th. One analyst has rated the stock with a Strong Buy rating and eleven have assigned a Buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $36.20.

About Essential Properties Realty Trust

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.