Strs Ohio Raises Position in Essential Properties Realty Trust Inc (EPRT)

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Strs Ohio lifted its stake in Essential Properties Realty Trust Inc (NYSE:EPRT) by 5.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 58,298 shares of the company’s stock after purchasing an additional 3,150 shares during the period. Strs Ohio owned 0.13% of Essential Properties Realty Trust worth $806,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of EPRT. Legal & General Group Plc increased its holdings in shares of Essential Properties Realty Trust by 35.0% in the third quarter. Legal & General Group Plc now owns 5,399 shares of the company’s stock valued at $77,000 after purchasing an additional 1,399 shares in the last quarter. Claybrook Capital LLC acquired a new stake in shares of Essential Properties Realty Trust in the third quarter valued at approximately $142,000. State of Alaska Department of Revenue increased its holdings in shares of Essential Properties Realty Trust by 114.5% in the fourth quarter. State of Alaska Department of Revenue now owns 10,709 shares of the company’s stock valued at $148,000 after purchasing an additional 5,717 shares in the last quarter. American International Group Inc. acquired a new stake in shares of Essential Properties Realty Trust in the third quarter valued at approximately $335,000. Finally, Rhumbline Advisers acquired a new stake in shares of Essential Properties Realty Trust in the third quarter valued at approximately $484,000. 83.71% of the stock is owned by institutional investors and hedge funds.

EPRT opened at $15.96 on Wednesday. The company has a debt-to-equity ratio of 0.62, a current ratio of 12.86 and a quick ratio of 12.86. Essential Properties Realty Trust Inc has a 52 week low of $13.05 and a 52 week high of $16.00.

Essential Properties Realty Trust (NYSE:EPRT) last released its earnings results on Monday, November 5th. The company reported $0.12 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.02. The business had revenue of $25.74 million for the quarter, compared to analyst estimates of $25.60 million. Equities research analysts expect that Essential Properties Realty Trust Inc will post 0.79 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Monday, January 14th. Shareholders of record on Monday, December 31st were issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 5.26%. The ex-dividend date of this dividend was Friday, December 28th.

In other Essential Properties Realty Trust news, VP Daniel P. Donlan bought 2,100 shares of the stock in a transaction on Thursday, November 15th. The stock was purchased at an average price of $13.76 per share, with a total value of $28,896.00. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

EPRT has been the subject of a number of research reports. Zacks Investment Research lowered shares of Essential Properties Realty Trust from a “hold” rating to a “sell” rating in a report on Tuesday, January 15th. Bank of America lowered shares of Essential Properties Realty Trust from a “neutral” rating to an “underperform” rating in a report on Thursday, November 15th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $15.35.

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Essential Properties Realty Trust Company 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 services, convenience stores, entertainment, early childhood education, and health and fitness on a long-term basis.

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Institutional Ownership by Quarter for Essential Properties Realty Trust (NYSE:EPRT)

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