Rhumbline Advisers increased its position in shares of Essential Properties Realty Trust Inc (NYSE:EPRT) by 59.6% in the 4th quarter, Holdings Channel reports. The firm owned 54,460 shares of the company’s stock after acquiring an additional 20,341 shares during the quarter. Rhumbline Advisers’ holdings in Essential Properties Realty Trust were worth $754,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Zurcher Kantonalbank Zurich Cantonalbank acquired a new stake in shares of Essential Properties Realty Trust during the fourth quarter valued at about $37,000. Legal & General Group Plc increased its position in shares of Essential Properties Realty Trust by 35.0% during the third quarter. Legal & General Group Plc now owns 5,399 shares of the company’s stock valued at $77,000 after acquiring an additional 1,399 shares during the last quarter. Claybrook Capital LLC acquired a new stake in shares of Essential Properties Realty Trust during the third quarter valued at about $142,000. State of Alaska Department of Revenue increased its position in shares of Essential Properties Realty Trust by 114.5% during the fourth quarter. State of Alaska Department of Revenue now owns 10,709 shares of the company’s stock valued at $148,000 after acquiring an additional 5,717 shares during the last quarter. Finally, American International Group Inc. acquired a new stake in shares of Essential Properties Realty Trust during the third quarter valued at about $335,000. Hedge funds and other institutional investors own 98.68% of the company’s stock.

Shares of EPRT opened at $18.10 on Friday. Essential Properties Realty Trust Inc has a 1-year low of $13.05 and a 1-year high of $18.43. The company has a debt-to-equity ratio of 0.67, a current ratio of 6.18 and a quick ratio of 6.18.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 16th. Stockholders of record on Friday, March 29th will be paid a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 4.64%. The ex-dividend date is Thursday, March 28th.

A number of equities research analysts have weighed in on EPRT shares. Zacks Investment Research upgraded shares of Essential Properties Realty Trust from a “hold” rating to a “buy” rating and set a $15.00 price target for the company in a research report on Tuesday, November 20th. Boenning Scattergood started coverage on shares of Essential Properties Realty Trust in a research report on Wednesday, December 12th. They set an “outperform” rating and a $17.00 price target for the company. Finally, Raymond James started coverage on shares of Essential Properties Realty Trust in a research report on Monday, February 25th. They set a “market perform” rating and a $16.70 price target for the company. One analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $16.19.

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About Essential Properties Realty Trust

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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