Fort Washington Investment Advisors Inc. OH Grows Position in STAG Industrial, Inc. (NYSE:STAG)

Fort Washington Investment Advisors Inc. OH raised its position in STAG Industrial, Inc. (NYSE:STAG) by 3.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 575,156 shares of the real estate investment trust’s stock after acquiring an additional 18,400 shares during the quarter. Fort Washington Investment Advisors Inc. OH owned approximately 0.32% of STAG Industrial worth $19,452,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. UMB Bank n.a. lifted its position in shares of STAG Industrial by 54.1% during the 3rd quarter. UMB Bank n.a. now owns 872 shares of the real estate investment trust’s stock worth $34,000 after purchasing an additional 306 shares during the last quarter. Sugar Maple Asset Management LLC purchased a new stake in STAG Industrial during the 4th quarter worth about $43,000. Coastline Trust Co acquired a new position in shares of STAG Industrial during the 3rd quarter worth about $55,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of STAG Industrial in the 2nd quarter valued at about $57,000. Finally, GAMMA Investing LLC raised its position in shares of STAG Industrial by 72.7% during the 3rd quarter. GAMMA Investing LLC now owns 1,566 shares of the real estate investment trust’s stock worth $61,000 after acquiring an additional 659 shares in the last quarter. Institutional investors and hedge funds own 88.67% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Wells Fargo & Company lowered their price target on STAG Industrial from $41.00 to $38.00 and set an “equal weight” rating for the company in a report on Monday, November 4th. Raymond James increased their target price on shares of STAG Industrial from $39.00 to $40.00 and gave the company an “outperform” rating in a research report on Wednesday, December 11th. Finally, Barclays reduced their price target on shares of STAG Industrial from $42.00 to $40.00 and set an “equal weight” rating for the company in a research report on Monday, October 28th. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $41.00.

STAG Industrial Trading Down 2.6 %

NYSE STAG opened at $34.02 on Thursday. STAG Industrial, Inc. has a one year low of $32.27 and a one year high of $41.63. The firm has a market cap of $6.20 billion, a PE ratio of 34.37 and a beta of 1.09. The firm’s fifty day moving average is $34.96 and its two-hundred day moving average is $37.45. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.42 and a current ratio of 1.42.

STAG Industrial Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be paid a dividend of $0.1242 per share. This represents a $1.49 annualized dividend and a yield of 4.38%. The ex-dividend date is Monday, March 31st. STAG Industrial’s dividend payout ratio is presently 149.49%.

STAG Industrial Company Profile

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.