Essential Properties Realty Trust (NYSE:EPRT) Coverage Initiated at Capital One Financial

Analysts at Capital One Financial initiated coverage on shares of Essential Properties Realty Trust (NYSE:EPRT) in a report issued on Wednesday,Briefing.com Automated Import reports. The brokerage set an “overweight” rating and a $35.00 price target on the stock. Capital One Financial‘s price objective points to a potential upside of 13.26% from the company’s current price.

A number of other analysts have also recently commented on EPRT. Barclays cut their target price on shares of Essential Properties Realty Trust from $36.00 to $35.00 and set an “overweight” rating for the company in a research note on Tuesday, February 4th. Wells Fargo & Company cut their price objective on Essential Properties Realty Trust from $37.00 to $34.00 and set an “overweight” rating for the company in a research note on Monday, November 4th. Deutsche Bank Aktiengesellschaft assumed coverage on Essential Properties Realty Trust in a report on Wednesday, December 11th. They set a “buy” rating and a $38.00 target price for the company. Scotiabank lifted their price target on Essential Properties Realty Trust from $32.00 to $33.00 and gave the stock a “sector perform” rating in a research note on Monday, November 25th. Finally, UBS Group increased their price objective on Essential Properties Realty Trust from $39.00 to $40.00 and gave the company a “buy” rating in a research note on Thursday, November 14th. Two analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. Based on data from MarketBeat.com, Essential Properties Realty Trust presently has an average rating of “Moderate Buy” and a consensus price target of $33.92.

Essential Properties Realty Trust Price Performance

Shares of NYSE EPRT opened at $30.90 on Wednesday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 5.59 and a current ratio of 5.59. The firm has a fifty day moving average of $31.77 and a 200 day moving average of $32.12. The firm has a market cap of $5.42 billion, a PE ratio of 26.82, a PEG ratio of 2.91 and a beta of 1.40. Essential Properties Realty Trust has a one year low of $23.58 and a one year high of $34.88.

Hedge Funds Weigh In On Essential Properties Realty Trust

Several large investors have recently modified their holdings of EPRT. Blue Trust Inc. raised its holdings in Essential Properties Realty Trust by 95.2% in the 3rd quarter. Blue Trust Inc. now owns 818 shares of the company’s stock valued at $28,000 after buying an additional 399 shares during the period. Crowley Wealth Management Inc. acquired a new stake in shares of Essential Properties Realty Trust during the fourth quarter valued at about $28,000. MassMutual Private Wealth & Trust FSB raised its stake in shares of Essential Properties Realty Trust by 74.5% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,096 shares of the company’s stock valued at $34,000 after acquiring an additional 468 shares during the period. Jones Financial Companies Lllp lifted its holdings in shares of Essential Properties Realty Trust by 1,834.4% in the 4th quarter. Jones Financial Companies Lllp now owns 1,180 shares of the company’s stock worth $37,000 after acquiring an additional 1,119 shares during the last quarter. Finally, Versant Capital Management Inc boosted its position in shares of Essential Properties Realty Trust by 215.4% during the 4th quarter. Versant Capital Management Inc now owns 1,211 shares of the company’s stock worth $38,000 after purchasing an additional 827 shares during the period. Institutional investors and hedge funds own 96.98% of the company’s stock.

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 and dental services, convenience stores, equipment rental, entertainment, early childhood education, grocery, and health and fitness on a long-term basis.