WINTON GROUP Ltd Invests $618,000 in Essential Properties Realty Trust, Inc. $EPRT

WINTON GROUP Ltd purchased a new stake in Essential Properties Realty Trust, Inc. (NYSE:EPRT) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 20,700 shares of the company’s stock, valued at approximately $618,000.

Several other hedge funds have also modified their holdings of the business. Engineers Gate Manager LP grew its holdings in Essential Properties Realty Trust by 742.5% during the second quarter. Engineers Gate Manager LP now owns 69,083 shares of the company’s stock worth $2,062,000 after acquiring an additional 60,883 shares during the period. Allworth Financial LP raised its position in Essential Properties Realty Trust by 5.3% in the second quarter. Allworth Financial LP now owns 20,599 shares of the company’s stock worth $615,000 after acquiring an additional 1,035 shares in the last quarter. Arizona State Retirement System lifted its holdings in Essential Properties Realty Trust by 6.6% in the second quarter. Arizona State Retirement System now owns 58,036 shares of the company’s stock valued at $1,732,000 after acquiring an additional 3,594 shares during the period. Nykredit A S acquired a new stake in Essential Properties Realty Trust in the second quarter valued at $88,000. Finally, Parkside Financial Bank & Trust boosted its position in shares of Essential Properties Realty Trust by 21.1% during the 2nd quarter. Parkside Financial Bank & Trust now owns 2,740 shares of the company’s stock worth $82,000 after purchasing an additional 478 shares in the last quarter. 96.98% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. Wall Street Zen raised shares of Essential Properties Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, September 5th. Wells Fargo & Company raised their price objective on shares of Essential Properties Realty Trust from $35.00 to $36.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. Barclays decreased their price objective on shares of Essential Properties Realty Trust from $40.00 to $37.00 and set an “overweight” rating on the stock in a report on Wednesday, July 22nd. Stifel Nicolaus upped their target price on shares of Essential Properties Realty Trust from $36.00 to $36.25 and gave the stock a “buy” rating in a research report on Thursday, July 23rd. Finally, Scotiabank raised 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 report on Thursday, June 18th. One investment analyst has rated the stock with a Strong Buy rating and eleven have assigned a Buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $36.20.

Insiders Place Their Bets

In other Essential Properties Realty Trust news, COO Robert M. Jenkins sold 22,000 shares of the firm’s stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $32.22, for a total transaction of $708,840.00. Following the completion of the transaction, the chief operating officer directly owned 34,168 shares in the company, valued at approximately $1,100,892.96. This trade represents a 39.17% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.77% of the company’s stock.

Essential Properties Realty Trust Stock Down 0.0%

EPRT opened at $28.79 on Tuesday. The business’s fifty day moving average is $30.96 and its two-hundred day moving average is $31.31. The company has a debt-to-equity ratio of 0.65, a quick ratio of 8.17 and a current ratio of 8.17. The company has a market cap of $6.23 billion, a price-to-earnings ratio of 22.31, a PEG ratio of 2.33 and a beta of 0.85. Essential Properties Realty Trust, Inc. has a one year low of $28.61 and a one year high of $34.73.

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

Essential Properties Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 14th. Investors of record on Wednesday, September 30th will be paid a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 4.4%. The ex-dividend date of this dividend is Wednesday, September 30th. Essential Properties Realty Trust’s dividend payout ratio is presently 99.22%.

About Essential Properties Realty Trust

Essential Properties Realty Trust, Inc (NYSE:EPRT) is a real estate investment trust that owns and manages a diversified portfolio of single-tenant commercial properties across the United States. The company primarily invests in properties leased to middle-market businesses operating in service-oriented and experience-based industries.

Essential Properties generally leases its properties under long-term, triple-net agreements. Under these arrangements, tenants are typically responsible for property-level expenses such as maintenance, insurance and real estate taxes.