Essential Properties Realty Trust Inc (EPRT) Shares Sold by Teachers Insurance & Annuity Association of America

Teachers Insurance & Annuity Association of America lowered its holdings in Essential Properties Realty Trust Inc (NYSE:EPRT) by 29.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 33,846 shares of the company’s stock after selling 13,972 shares during the period. Teachers Insurance & Annuity Association of America’s holdings in Essential Properties Realty Trust were worth $660,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Boston Partners acquired a new position in shares of Essential Properties Realty Trust in the 1st quarter valued at $7,112,000. Telemus Capital LLC purchased a new stake in Essential Properties Realty Trust in the first quarter valued at $293,000. Janus Henderson Group PLC lifted its position in Essential Properties Realty Trust by 16.1% in the first quarter. Janus Henderson Group PLC now owns 1,139,662 shares of the company’s stock valued at $22,241,000 after acquiring an additional 158,040 shares during the last quarter. SG Americas Securities LLC purchased a new stake in Essential Properties Realty Trust in the first quarter valued at $123,000. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. lifted its position in Essential Properties Realty Trust by 47.1% in the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 8,740 shares of the company’s stock valued at $171,000 after acquiring an additional 2,800 shares during the last quarter. 98.32% of the stock is currently owned by institutional investors and hedge funds.

NYSE:EPRT traded up $0.10 on Tuesday, hitting $20.20. 1,203 shares of the stock were exchanged, compared to its average volume of 561,382. Essential Properties Realty Trust Inc has a 52 week low of $13.05 and a 52 week high of $20.95. The company has a debt-to-equity ratio of 0.67, a current ratio of 6.18 and a quick ratio of 6.18.

Essential Properties Realty Trust (NYSE:EPRT) last announced its quarterly earnings data on Wednesday, May 8th. The company reported $0.13 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.27 by ($0.14). The firm had revenue of $31.11 million for the quarter, compared to the consensus estimate of $29.27 million. Essential Properties Realty Trust had a return on equity of 2.58% and a net margin of 19.25%. On average, equities research analysts anticipate that Essential Properties Realty Trust Inc will post 1.15 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 16th. Stockholders of record on Friday, March 29th were paid a $0.21 dividend. The ex-dividend date was Thursday, March 28th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 4.16%.

A number of equities research analysts recently weighed in on EPRT shares. Zacks Investment Research raised shares of Essential Properties Realty Trust from a “hold” rating to a “buy” rating and set a $19.00 price target for the company in a report on Wednesday, March 6th. Bank of America boosted their target price on shares of Essential Properties Realty Trust from $14.00 to $16.50 and gave the stock an “underperform” rating in a research report on Tuesday, March 5th. Barclays reissued a “hold” rating and issued a $18.00 price target on shares of Essential Properties Realty Trust in a report on Tuesday, April 16th. Boenning Scattergood reissued a “buy” rating on shares of Essential Properties Realty Trust in a report on Friday, March 1st. Finally, Credit Suisse Group boosted their target price on shares of Essential Properties Realty Trust from $18.00 to $19.00 and gave the company an “outperform” rating in a research note on Tuesday, March 19th. One research analyst has rated the stock with a sell rating, four have given a hold rating and seven have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $18.57.

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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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