Hudson Bay Capital Management LP Grows Stock Holdings in Essential Properties Realty Trust, Inc. $EPRT

Hudson Bay Capital Management LP grew its stake in shares of Essential Properties Realty Trust, Inc. (NYSE:EPRT) by 101.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 565,130 shares of the company’s stock after acquiring an additional 284,502 shares during the period. Hudson Bay Capital Management LP owned about 0.29% of Essential Properties Realty Trust worth $18,033,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. TD Private Client Wealth LLC acquired a new stake in Essential Properties Realty Trust in the second quarter valued at $25,000. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of Essential Properties Realty Trust in the second quarter valued at about $26,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Essential Properties Realty Trust in the second quarter valued at approximately $44,000. BI Asset Management Fondsmaeglerselskab A S purchased a new position in shares of Essential Properties Realty Trust during the 1st quarter worth approximately $92,000. Finally, Elevation Point Wealth Partners LLC purchased a new stake in Essential Properties Realty Trust in the 2nd quarter valued at approximately $108,000. 96.98% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the company. Weiss Ratings restated a “buy (b-)” rating on shares of Essential Properties Realty Trust in a research report on Friday, October 31st. UBS Group upped their target price on shares of Essential Properties Realty Trust from $36.00 to $38.00 and gave the company a “buy” rating in a report on Friday, August 15th. Evercore ISI raised shares of Essential Properties Realty Trust from an “in-line” rating to an “outperform” rating and raised their price target for the stock from $34.00 to $36.00 in a research note on Monday, September 15th. Cantor Fitzgerald boosted their price objective on shares of Essential Properties Realty Trust from $35.00 to $36.00 and gave the company an “overweight” rating in a research report on Friday, October 24th. Finally, Stifel Nicolaus set a $36.00 target price on shares of Essential Properties Realty Trust in a research report on Thursday, October 23rd. Ten investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $35.32.

Essential Properties Realty Trust Price Performance

EPRT opened at $30.51 on Friday. Essential Properties Realty Trust, Inc. has a 1 year low of $27.44 and a 1 year high of $33.35. The company’s 50 day simple moving average is $30.64 and its 200 day simple moving average is $30.94. The stock has a market capitalization of $6.05 billion, a PE ratio of 24.61, a P/E/G ratio of 2.22 and a beta of 0.98. The company has a debt-to-equity ratio of 0.68, a quick ratio of 5.66 and a current ratio of 5.66.

Essential Properties Realty Trust (NYSE:EPRT) last announced its quarterly earnings results on Wednesday, October 22nd. The company reported $0.48 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.48. Essential Properties Realty Trust had a net margin of 45.25% and a return on equity of 6.38%. The company had revenue of $144.93 million for the quarter, compared to analyst estimates of $140.42 million. During the same quarter last year, the business earned $0.43 EPS. Essential Properties Realty Trust’s revenue for the quarter was up 23.7% on a year-over-year basis. Essential Properties Realty Trust has set its FY 2026 guidance at 1.980-2.040 EPS and its FY 2025 guidance at 1.870-1.890 EPS. As a group, sell-side analysts expect that Essential Properties Realty Trust, Inc. will post 1.83 EPS for the current year.

Essential Properties Realty Trust Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 14th. Investors of record on Wednesday, December 31st will be given a dividend of $0.31 per share. This is a positive change from Essential Properties Realty Trust’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $1.24 dividend on an annualized basis and a yield of 4.1%. Essential Properties Realty Trust’s dividend payout ratio is currently 96.77%.

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