Universal Beteiligungs und Servicegesellschaft mbH Decreases Stock Holdings in Essential Properties Realty Trust, Inc. $EPRT

Universal Beteiligungs und Servicegesellschaft mbH reduced its stake in shares of Essential Properties Realty Trust, Inc. (NYSE:EPRT) by 23.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 848,983 shares of the company’s stock after selling 265,024 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned 0.43% of Essential Properties Realty Trust worth $25,266,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. TD Private Client Wealth LLC acquired a new stake in shares of Essential Properties Realty Trust in the 2nd quarter worth approximately $25,000. Twin Peaks Wealth Advisors LLC purchased a new stake in Essential Properties Realty Trust during the second quarter worth $26,000. Caitong International Asset Management Co. Ltd purchased a new stake in Essential Properties Realty Trust during the second quarter worth $44,000. Salomon & Ludwin LLC acquired a new stake in Essential Properties Realty Trust in the third quarter valued at $46,000. Finally, Versant Capital Management Inc increased its position in shares of Essential Properties Realty Trust by 54.2% in the third quarter. Versant Capital Management Inc now owns 1,867 shares of the company’s stock valued at $56,000 after buying an additional 656 shares in the last quarter. 96.98% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on EPRT shares. Scotiabank boosted their price objective on shares of Essential Properties Realty Trust from $33.00 to $34.00 and gave the stock a “sector perform” rating in a research report on Tuesday, November 25th. Evercore ISI cut their target price on shares of Essential Properties Realty Trust from $36.00 to $35.00 and set an “outperform” rating for the company in a research report on Monday, December 15th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Essential Properties Realty Trust in a report on Friday, October 31st. Cantor Fitzgerald reissued an “overweight” rating on shares of Essential Properties Realty Trust in a research note on Monday, January 5th. Finally, Berenberg Bank began coverage on Essential Properties Realty Trust in a research report on Monday, October 13th. They set a “buy” rating and a $36.00 price objective for the company. Ten investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Essential Properties Realty Trust currently has an average rating of “Moderate Buy” and a consensus target price of $35.41.

Essential Properties Realty Trust Price Performance

NYSE:EPRT opened at $30.27 on Friday. The firm has a market cap of $6.00 billion, a price-to-earnings ratio of 24.41, a price-to-earnings-growth ratio of 2.07 and a beta of 0.99. Essential Properties Realty Trust, Inc. has a 12-month low of $27.44 and a 12-month high of $33.35. 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 $30.53 and its two-hundred day moving average is $30.49.

Essential Properties Realty Trust (NYSE:EPRT) last posted its quarterly earnings data on Wednesday, October 22nd. The company reported $0.48 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.48. The business had revenue of $144.93 million during the quarter, compared to analyst estimates of $140.42 million. Essential Properties Realty Trust had a net margin of 45.25% and a return on equity of 6.38%. The company’s revenue was up 23.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.43 earnings per share. Research analysts expect that Essential Properties Realty Trust, Inc. will post 1.83 EPS for the current year.

Essential Properties Realty Trust Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Wednesday, December 31st were given a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 4.1%. This is a boost from Essential Properties Realty Trust’s previous quarterly dividend of $0.30. The ex-dividend date was Wednesday, December 31st. Essential Properties Realty Trust’s dividend payout ratio (DPR) is currently 100.00%.

Essential Properties Realty Trust Company 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.