Essential Properties Realty Trust Inc (NYSE:EPRT) Director Paul T. Bossidy acquired 5,000 shares of the firm’s stock in a transaction that occurred on Friday, August 17th. The stock was bought at an average cost of $14.02 per share, with a total value of $70,100.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

NYSE EPRT traded down $0.04 on Friday, reaching $14.45. The stock had a trading volume of 425,976 shares, compared to its average volume of 371,819. Essential Properties Realty Trust Inc has a 12-month low of $13.22 and a 12-month high of $14.75.

Essential Properties Realty Trust (NYSE:EPRT) last released its quarterly earnings results on Wednesday, August 8th. The company reported $0.06 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.18 by ($0.12). sell-side analysts anticipate that Essential Properties Realty Trust Inc will post 0.87 earnings per share for the current year.

The business also recently disclosed a special dividend, which will be paid on Friday, October 12th. Stockholders of record on Friday, September 28th will be given a $0.224 dividend. The ex-dividend date is Thursday, September 27th.

Several equities analysts recently weighed in on EPRT shares. Goldman Sachs Group initiated coverage on shares of Essential Properties Realty Trust in a report on Monday, July 16th. They issued a “buy” rating on the stock. SunTrust Banks initiated coverage on shares of Essential Properties Realty Trust in a research note on Monday, July 16th. They issued a “buy” rating and a $16.00 price target on the stock. Barclays began coverage on shares of Essential Properties Realty Trust in a research note on Monday, July 16th. They issued an “equal weight” rating and a $15.00 price target on the stock. LADENBURG THALM/SH SH initiated coverage on Essential Properties Realty Trust in a report on Monday, July 16th. They issued a “buy” rating and a $16.00 price objective on the stock. Finally, Credit Suisse Group assumed coverage on Essential Properties Realty Trust in a report on Monday, July 16th. They set an “outperform” rating and a $15.50 price target on the stock. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $15.13.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Citadel Advisors LLC purchased a new position in shares of Essential Properties Realty Trust in the 2nd quarter worth about $47,771,000. Long Pond Capital LP acquired a new stake in shares of Essential Properties Realty Trust in the second quarter valued at about $40,620,000. Millennium Management LLC acquired a new stake in Essential Properties Realty Trust during the 2nd quarter valued at approximately $19,566,000. Laurion Capital Management LP acquired a new stake in Essential Properties Realty Trust during the 2nd quarter valued at approximately $8,801,000. Finally, BlackRock Inc. acquired a new stake in Essential Properties Realty Trust during the 2nd quarter valued at approximately $8,797,000. Hedge funds and other institutional investors own 81.87% of the company’s stock.

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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