Values First Advisors Inc. Acquires 307 Shares of STAG Industrial, Inc. (NYSE:STAG)

Values First Advisors Inc. boosted its holdings in shares of STAG Industrial, Inc. (NYSE:STAG) by 2.2% during the 4th quarter, Holdings Channel reports. The firm owned 14,562 shares of the real estate investment trust’s stock after buying an additional 307 shares during the period. Values First Advisors Inc.’s holdings in STAG Industrial were worth $492,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in STAG. Sanctuary Advisors LLC purchased a new stake in STAG Industrial during the 2nd quarter valued at approximately $335,000. GAMMA Investing LLC lifted its holdings in shares of STAG Industrial by 72.7% in the third quarter. GAMMA Investing LLC now owns 1,566 shares of the real estate investment trust’s stock worth $61,000 after buying an additional 659 shares in the last quarter. UMB Bank n.a. boosted its position in shares of STAG Industrial by 54.1% during the third quarter. UMB Bank n.a. now owns 872 shares of the real estate investment trust’s stock worth $34,000 after acquiring an additional 306 shares during the last quarter. Creative Planning grew its stake in STAG Industrial by 6.2% during the third quarter. Creative Planning now owns 19,507 shares of the real estate investment trust’s stock valued at $763,000 after acquiring an additional 1,142 shares in the last quarter. Finally, Kapitalo Investimentos Ltda bought a new stake in STAG Industrial in the 3rd quarter valued at $403,000. 88.67% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have commented on STAG. Barclays dropped 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 report on Tuesday, January 28th. Royal Bank of Canada dropped their price target on STAG Industrial from $40.00 to $38.00 and set a “sector perform” rating for the company in a research note on Monday, January 27th. Wells Fargo & Company reduced their price objective on STAG Industrial from $41.00 to $38.00 and set an “equal weight” rating on the stock in a research note on Monday, November 4th. Finally, Raymond James increased their target price on STAG Industrial from $39.00 to $40.00 and gave the company an “outperform” rating in a research report on Wednesday, December 11th. Four research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $40.38.

STAG Industrial Price Performance

NYSE:STAG opened at $35.07 on Thursday. The firm has a market capitalization of $6.39 billion, a price-to-earnings ratio of 35.42 and a beta of 1.09. STAG Industrial, Inc. has a 1 year low of $32.27 and a 1 year high of $41.63. The business has a 50 day simple moving average of $34.34 and a 200-day simple moving average of $37.05. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.42 and a quick ratio of 1.42.

STAG Industrial (NYSE:STAG) last issued its quarterly earnings results on Wednesday, February 12th. The real estate investment trust reported $0.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.43. STAG Industrial had a return on equity of 5.27% and a net margin of 23.94%. Equities analysts forecast that STAG Industrial, Inc. will post 2.41 EPS for the current year.

STAG Industrial Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be issued a $0.1242 dividend. The ex-dividend date is Monday, March 31st. This represents a $1.49 annualized dividend and a dividend yield of 4.25%. STAG Industrial’s dividend payout ratio (DPR) is presently 150.51%.

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.