Rep. Jefferson Shreve Unloads STAG Industrial, Inc. (NYSE:STAG) Shares

Representative Jefferson Shreve (R-Indiana) recently sold shares of STAG Industrial, Inc. (NYSE:STAG). In a filing disclosed on May 08th, the Representative disclosed that they had sold between $15,001 and $50,000 in STAG Industrial stock on April 17th. The trade occurred in the Representative’s “CRT – STANDARD UNIT TRUST” account.

Representative Jefferson Shreve also recently made the following trade(s):

• Purchased $50,001 – $100,000 in shares of Chipotle Mexican Grill (NYSE:CMG) on 4/17/2025.
• Purchased $50,001 – $100,000 in shares of Applied Materials (NASDAQ:AMAT) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Caterpillar (NYSE:CAT) on 4/17/2025.
• Sold $15,001 – $50,000 in shares of Lululemon Athletica (NASDAQ:LULU) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Western Digital (NASDAQ:WDC) on 4/17/2025.
• Sold $15,001 – $50,000 in shares of Zoetis (NYSE:ZTS) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Stryker (NYSE:SYK) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of NextEra Energy (NYSE:NEE) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of CSX (NASDAQ:CSX) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Ross Stores (NASDAQ:ROST) on 4/17/2025.

STAG Industrial Stock Up 2.2 %

Shares of NYSE STAG opened at $34.60 on Friday. STAG Industrial, Inc. has a 1 year low of $28.61 and a 1 year high of $41.63. The firm’s 50 day moving average price is $33.94 and its 200 day moving average price is $34.85. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.36 and a current ratio of 1.36. The firm has a market cap of $6.46 billion, a P/E ratio of 33.27 and a beta of 0.93.

STAG Industrial (NYSE:STAG) last posted its earnings results on Tuesday, April 29th. The real estate investment trust reported $0.61 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.01. The business had revenue of $205.57 million for the quarter, compared to analysts’ expectations of $202.04 million. STAG Industrial had a net margin of 24.64% and a return on equity of 5.51%. The business’s revenue for the quarter was up 9.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.59 earnings per share. As a group, sell-side analysts anticipate that STAG Industrial, Inc. will post 2.47 earnings per share for the current 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. This represents a $1.49 annualized dividend and a dividend yield of 4.31%. The ex-dividend date of this dividend is Monday, June 30th. STAG Industrial’s dividend payout ratio (DPR) is presently 112.03%.

Hedge Funds Weigh In On STAG Industrial

Several hedge funds have recently modified their holdings of the company. Versant Capital Management Inc boosted its holdings in STAG Industrial by 204.9% in the 1st quarter. Versant Capital Management Inc now owns 753 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 506 shares during the period. Tsfg LLC purchased a new stake in STAG Industrial in the first quarter worth $32,000. Garde Capital Inc. purchased a new position in shares of STAG Industrial during the first quarter valued at approximately $33,000. Avalon Trust Co purchased a new position in STAG Industrial in the 1st quarter worth approximately $36,000. Finally, Sugar Maple Asset Management LLC purchased a new stake in shares of STAG Industrial during the 4th quarter valued at about $43,000. Institutional investors own 88.67% of the company’s stock.

Insider Buying and Selling at STAG Industrial

In other news, Director Benjamin S. Butcher sold 50,000 shares of the business’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 completion of the sale, the director now directly owns 9,632 shares of the company’s stock, valued at approximately $338,083.20. The trade was a 83.85 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.10% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on STAG. Barclays cut their target price on STAG Industrial from $40.00 to $37.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 28th. Robert W. Baird dropped their target price on shares of STAG Industrial from $39.00 to $38.00 and set a “neutral” rating on the stock in a research report on Wednesday. Royal Bank of Canada decreased their price target on 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, Raymond James increased their price objective on shares of STAG Industrial from $36.00 to $38.00 and gave the stock an “outperform” rating in a report on Wednesday. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, STAG Industrial presently has a consensus rating of “Hold” and a consensus price target of $39.63.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana’s 6th Congressional District. He declared candidacy for the 2026 election.

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Jefferson Shreve earned a bachelor’s degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve’s career experience includes working as a real estate executive.

Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

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.