33,086 Shares in STAG Industrial, Inc. (NYSE:STAG) Purchased by Capital Fund Management S.A.

Capital Fund Management S.A. bought a new stake in STAG Industrial, Inc. (NYSE:STAG) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 33,086 shares of the real estate investment trust’s stock, valued at approximately $1,119,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Sugar Maple Asset Management LLC purchased a new position in STAG Industrial in the fourth quarter valued at approximately $43,000. Hilltop National Bank raised its stake in shares of STAG Industrial by 19.2% in the fourth quarter. Hilltop National Bank now owns 2,243 shares of the real estate investment trust’s stock valued at $76,000 after buying an additional 362 shares during the period. Principal Securities Inc. lifted its position in shares of STAG Industrial by 20.7% during the 4th quarter. Principal Securities Inc. now owns 2,977 shares of the real estate investment trust’s stock valued at $101,000 after buying an additional 510 shares during the last quarter. Aew Capital Management L P grew its stake in shares of STAG Industrial by 52.4% during the 4th quarter. Aew Capital Management L P now owns 3,200 shares of the real estate investment trust’s stock worth $108,000 after acquiring an additional 1,100 shares during the period. Finally, Venturi Wealth Management LLC purchased a new stake in STAG Industrial in the 4th quarter worth about $109,000. 88.67% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms have commented on STAG. Raymond James dropped their price objective on shares of STAG Industrial from $40.00 to $36.00 and set an “outperform” rating on the stock in a report on Monday. Royal Bank of Canada dropped their price target on shares of STAG Industrial from $40.00 to $38.00 and set a “sector perform” rating on the stock in a research note on Monday, January 27th. Finally, Barclays reduced their price objective on shares of STAG Industrial from $40.00 to $37.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 28th. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, STAG Industrial presently has a consensus rating of “Hold” and a consensus price target of $39.57.

STAG Industrial Price Performance

Shares of NYSE:STAG opened at $32.36 on Wednesday. The company has a 50 day moving average of $34.73 and a 200 day moving average of $35.44. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 0.86. The stock has a market cap of $6.04 billion, a P/E ratio of 31.11 and a beta of 0.96. STAG Industrial, Inc. has a 12 month low of $28.61 and a 12 month high of $41.63.

STAG Industrial (NYSE:STAG) last released its quarterly earnings results on Wednesday, February 12th. The real estate investment trust reported $0.61 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.43. STAG Industrial had a net margin of 24.64% and a return on equity of 5.51%. As a group, sell-side analysts forecast that STAG Industrial, Inc. will post 2.47 EPS for the current fiscal year.

STAG Industrial Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th will be issued a $0.1242 dividend. The ex-dividend date is Monday, June 30th. This represents a $1.49 annualized dividend and a dividend yield of 4.61%. STAG Industrial’s payout ratio is currently 143.27%.

Insider Activity

In other news, Director Benjamin S. Butcher sold 50,000 shares of the firm’s stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $35.10, for a total transaction of $1,755,000.00. Following the sale, the director now owns 9,632 shares in the company, valued at approximately $338,083.20. This trade represents a 83.85 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 1.10% of the company’s stock.

About STAG Industrial

STAG Industrial, Inc is a real estate investment company, which engages in acquiring, owning, and managing single-tenant, industrial real estate assets. It offers industrial real estate operating platform to real estate ownership. The company was founded by Benjamin S. Butcher on July 21, 2010 and is headquartered in Boston, MA.